"Actionable Insights to Fuel Your Growth"

Metallurgical Coal Market Size, Share & Industry Analysis, By Type (Hard Coking Coal (HCC), Semi-soft Coking Coal (SSCC), Pulverized Coal Injection), By End-User (Iron and Steel, Chemical and Pharmaceutical, Paper and Pulp, Others) and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI101490 | Status : Ongoing

 

KEY MARKET INSIGHTS

The infrastructural development all over the world seems to be consistent in the upcoming years due to rapid industrialization and urbanization. This rapid economic development needs a sizeable amount of steel for constructing large structures such as bridges, commercial spaces, mega housing projects, etc. to ease the life of mankind. Coal is mainly used in this process either for power generation or steel production. Metallurgical coal differs from thermal coal by its carbon content and its caking ability. Caking refers to the coal’s ability to be converted into coke.


Coke is produced by heating coals in a coke oven in reducing atmosphere. Coke quality is mostly influenced by coal rank, composition, mineral content and the ability to soften when heated, become plastic, and resolidify into a coherent mass. Bituminous class coals of a high, medium and low volatile rank that possess these properties are called “coking” coals. High-quality coking coals are in high demand by steel producers who need to maximize the productivity of their blast furnace operations.


The metallurgical coal market is segmented into type and end-user. Based on type, the market is further divided into high-grade coal, semi-soft coking coal, and pulverized coking coal. The majority of the coal is either used in power generation or iron and steel production. Hard coking coals like anthracite have better coking properties than semi-soft coking coals, allowing them to garner a higher price.


To gain extensive insights into the market, Request for Customization


It accounts for the largest market share for the production of steel and iron. Pulverized coking coal is often not considered as coking coal, but still, it is used as a source of energy in the steelmaking process. Steel and iron production industry account the largest market share owing to the tremendous demand for the steel. Coal is used in the chemical and pharmaceutical industry for medical applications.


Steel is vastly used in the infrastructural project which includes the construction of a large structure such as bridges, dam, factories, warehouses, commercial spaces, and numerous others which projected to grow growth of the metallurgical coal market. In addition, coal is significantly used in the pharmaceutical application, especially skin-related diseases which also adding substantial growth for the metallurgical coal market.


The main concern of global warming is the burning of fossil fuel which in turn leading to environmental degradation. Coal emits toxic gases such as NOx, sulfur dioxide, particulate matter, and numerous other substances hazardous to human health. Strict emission policies and a hefty fine to arrest coal pollution are retarding the metallurgical coal growth.


Key Players Covered


The major metallurgical coal companies in the world are Coal India Limited, BHP, Vale, China Shenhua, Arch Coal, Inc., Anglo American, Peabody Energy, Raspadskaya, Glencore, Rio Tinto, Shaanxi Coal and Chemical Industry Group Co., Ltd., Teck Resources Limited, Washington H. Soul Pattinson, Alliance Resource Partners L.P., Warrior Met Coal, Inc., and Coronado Global Resources Inc.


Segmentation






















 ATTRIBUTE


 DETAILS

By Type




  • Hard Coking Coal (HCC)

  • Semi-soft Coking Coal (SSCC)

  • Pulverized Coal Injection



By End-User




  • Iron and Steel

  • Chemical and Pharmaceutical

  • Paper and Pulp

  • Others



By Geography




  • North America (the USA and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Regional Analysis


The metallurgical coal market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The steel demand in North American countries is expected to be steady in the forecasting period. In general, the demand for coal in the USA remains dismal, though there are signs of encouragement. Expansion of industries, growth in the automotive sector, the infrastructural market boom is expected to leverage the metallurgical coal demand in Europe. APAC is the largest consumer of the metallurgical coal in the world in which China is leading in the world due to tremendous infrastructural development opportunities.


India is also offering lucrative market owing to its massive domestic production capacity of coal and massive consumer market which accelerate the growth of the metallurgical growth in APAC. MEA is projected to grow at a steady rate and companies are aiming to increase their oil and gas production. The football world cup 2022 is scheduled to be held in Qatar which is driving infrastructural development project. A large fund is allotted to build commercial spaces, hotels, sporting complex, etc which require a substantial amount of steel. These factors contribute to leverage the demand for metallurgical coal.


Key Industry Developments



  • In May 2019, the Australian government approved $700 million coking coal mine contract to privately help Pembroke Resources to meet the growing demand for steelmaking ingredient from Asia.

  • In January 2019, American Resources Corporation has made multi-year metallurgical coal sale agreement with its existing customer that would help the company in expanding its operation supply. The company aimed to supply its customer high-quality metallurgical coal at least 50,000 tons per month used in the process of making coke necessary for the steel industry.

  • In October 2018, MC Mining Ltd. has agreed with Huadong Coal Trading Center Co, Ltd, for producing hard coking coal (HCC) by the Makhardo hard coking and thermal project situated in South Africa’s Limpopo Province.


  • Ongoing
  • 2021
  • 2018-2020

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850
    Pre Book

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

Nikon
Itic
Caterpillar
Hitachi
UL

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X