Procurement Resource Thumbnail Book Image

Global Coal Industry Report: Country Overview; Recent Events; Value Chain Analysis; Production Process; Price Analysis; Indicator Analysis; Market Dynamics: Drivers & Constraints, Innovations & Trends, SWOT Analysis, Porter’s Five Forces; Industry Best Practices: Sourcing Strategy, Procurement Model, Key Factors Influencing the Quotation; Key Supplier Analysis, 2022-2027

Coal Industry Report by Regional Category Spend, Price Analysis, Key Demand, Price Indicators, and Best Buying Practices


The global coal market reached a value of about USD XX billion in 2021. The industry is projected to grow at a CAGR of around 2% in the forecast period of 2022-2027 to reach a value of USD 66.3 billion by 2027.

The coal industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. Organisations and sole traders perform mining activities and sell all types of coal. These companies are also engaged in developing mining sites and improving the quality of coal. The key demand indicator in the industry report is the highest category spender by region — Asia Pacific.

Industry Definition and Segmentation

Brownish-black or black colour combustible sedimentary rock that has a high quantity of carbon and hydrocarbons is called coal. The force and heat break plants that are layered by dirt and rocks for over millions of years to form coal. Coal is a non-renewable source of energy and it takes millions of years for coal to develop and take its form. The energy in coal comes from the plants that existed in swampy forests for hundreds and millions of years. Coal is categorised into four main types: bituminous, subbituminous, anthracite, and lignite. The quality of coal depends on the type and the measure of carbon in the coal along with the amount of heat energy the coal is able to generate. The global coal industry report comprises segments based on its type (bituminous, sub-bituminous, lignite, and anthracite), end-user (electricity, steel, cement, and others), and regions (North America, Western Europe, Eastern Europe, Asia Pacific, South America, and the Middle East and Africa).

Asia Pacific Region is Driving the Growth of the Industry

Asia Pacific region uses coal expansively in its thermal power stations in order to fulfil the demand raised by several sectors like, transport, residential, industry, commercial, and public units. Due to the increasing demand for electricity in the region, coal power plants are anticipated to be a substantial consumer of coal. It is projected that Asia Pacific region will consume around 4,400 mega tonnes of coal by 2040, with maximum demand coming from power industry. Because of the country being the global leader on the basis of total number of coal-fired power plants, China is estimated to be the biggest and fastest growing market. Furthermore, the rising segment of coal to generate power in some countries is likely to drive the coal market. There are about twenty countries that are moving themselves towards using coal for power production, including nine in Africa, three in Central America, two in the Middle East and three in Asia. Similarly, a considerable increase in coal usage is also expected in Vietnam, the Philippines, and Malaysia. Owing to its abundance of local reserves and low cost, coal is continuing to be in demand, used for power generation across the globe.

Nevertheless, there are various power producing companies that are now progressively moving towards utilising substitute sources of energy such as natural gas, renewables, and nuclear power to generate clean and sustainable electricity. In addition to this less cost incurred in the installation of renewable sources of energy is also attracting companies to move towards these sources of power generation. Such factors are acting as a constraint in the further growth of coal market.

Best Procurement Practices

The global coal industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed coal utilising regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

When the plant matter is immersed in wetland environments and is exposed to the ecological forces of heat and pressure for a period of millions of years a substance is formed called Coal. Coal comes in broad variation in terms of its properties and is classified into four major types or grades based on its increasing carbon and energy content – lignite, sub-bituminous, bituminous, and anthracite. The coal is derived from mines, that is either done through underground or surface mining. There are two predominant techniques of coal mining underground and longwall mining that are performed by using powerful mining machines. The other methods of mining coal are strip, culm bank and surface. In the strip-mining coal is mined when they are located close to the surface. This technique is dependent on very large machinery and needs few numbers of workers.

The Increased Use in the Electrical Power Generation Industry to Further Drive the Procurement of Coal

The most important role of coal mined by Global Coal Mining industry is its utilisation in the global electricity generation industries and steel producing markets. Even though there are concerns over environmental related issues caused by coal mining and coal-based power generation, coal continues as the most popular source of fuel with several countries still heavily dependent on it for the supply of electricity. The electrical power generation industry uses coal on a large scale and is the primary end-user of coal as a form of fuel. The coal-fired power fleet units use subcritical boiler methodology as the main technology that has about 30% efficiencies and its installation is comparatively easy and low in cost.

The major zones in the industry are North America, Western Europe, Eastern Europe, Asia Pacific, South America, and the Middle East and Africa with Asia Pacific leading the market.

Key Industry Players Mentioned in the Coal Industry Report

  • China Shenhua Energy Company Limited
  • China Coal Energy Co., Ltd.
  • Coal India Limited
  • Yanzhou Coal Mining Company Limited
  • BHP
  • Glencore

Market Landscape

The largest segment of the coal market divided by type of coal is the bituminous coal market that accounted for 53.8% of the total market in 2020. Owing to the evolution in geosciences the demand for bituminous coal has risen at a very high rate globally. The important reason behind the increased popularity of this soft coal is that it is found at extensively across various regions. Moreover, the bituminous coal is also commonly used in cooking and hence has become a remarkable driver in the growth of demand in the international market. Furthermore, bituminous coal is also being used comprehensively by iron and steel industry. With the need for expanding the production of steel, the utilisation of bituminous coal has also increased in this industry. Among the end-use industries of coal, the electricity market is the biggest segment, that held about 54.5% of the total market share in 2020.

Key Initiatives by Companies

  • In Jun 2021, Glencore completely procured the Cerrejón thermal coal mine for around USD 588 million in the middle of a rise in the demand for coal and its record-high prices.
  • In Nov 2021, Stanmore, which is primarily held by Singapore-listed Golden Energy and Resources Ltd (GOLD.SI), consented to purchase BHP's 80% share in BHP Mitsui Coal, which holds and manages two open-cut metallurgical coal mines in the Bowen Basin.

1.    Executive Summary
2.    Coal Market Snapshot

    2.1.    Coal Market Outlook
    2.2.    Coal Category Analysis by End Use
        2.2.1.    Steel Manufacturing
        2.2.2.    Cement
        2.2.3.    Heating
        2.2.4.    Electricity Generation
        2.2.5.    Others
    2.3.    Regional Overview
        2.3.1.    North America
        2.3.2.    Europe
        2.3.3.    Asia Pacific 
        2.3.4.    Latin America
        2.3.5.    Middle East and Africa
3.    Impact of Recent Events
4.    Coal Value Chain Analysis
5.    Coal Production Process
6.    Trade Analysis
7.    Major Risk Factors in Sourcing
8.    Coal Cost Structure
9.    Coal Price Analysis
10.    Key Demand Indicator Analysis
11.    Key Price Indicator Analysis
12.    Coal Market Dynamics

    12.1.    Drivers & Constraints
    12.2.    Industry Events 
    12.3.    Innovations & Trends
    12.4.    SWOT Analysis
    12.5.    Porter’s Five Forces
        12.5.1.    Buyer Power
        12.5.2.    Supplier Power
        12.5.3.    Threat of New entrants
        12.5.4.    Threat of Substitutes
        12.5.5.    Industry Rivalry
13.    Industry Best Practices
    13.1.    Sourcing Strategy
    13.2.    Procurement Model
    13.3.    Contract Structure
    13.4.    Negotiation Levers
    13.5.    Pricing Model
    13.6.    Key Factors Influencing the Quotation 
14.    Key Supplier Analysis
    14.1.    BHP Group Ltd
    14.2.    Rio Tinto
    14.3.    Vale S.A.
    14.4.    China Shenhua Energy Company
    14.5.    Anglo American Plc
    14.6.    Coal India Limited

Request Sample
Key Questions Answered in the Report

In 2021, the global attained a value of around USD XX billion.

In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 2%.

The major market drivers are increase in the use of coal for generating electrical power and extensive use of coal in Asia Pacific region to fire the thermal power stations.

The major regions in the industry are North America, Western Europe, Eastern Europe, Asia Pacific, South America, and the Middle East and Africa.

Few of the leading players in the industry are Yanzhou Coal Mining Company Limited BHP, Glencore, China Shenhua Energy Company Limited, China Coal Energy Co., Ltd., Coal India Limited, among others.

Analyst Review

The global coal market reached a value of about USD XX billion in 2021 and is projected to grow at a CAGR of around 2% by 2027. A non-renewable source of energy, coal is formed when the force and heat break plants that are layered by dirt and rocks for over millions of years. It is categorised into four main types: bituminous, subbituminous, anthracite, and lignite. The global coal industry report comprises segments based on its type, end-user, and regions. Asia Pacific region uses coal expansively in its thermal power stations to fulfil the demand raised by several sectors like, transport, residential, industry, commercial, and public units. Because of the country being the global leader based on total number of coal-fired power plants, China is estimated to be the biggest and fastest growing market. Furthermore, the rising segment of coal to generate power in some countries is likely to drive the coal market. The largest segment of the coal market divided by type of coal is the bituminous coal market. China Shenhua Energy Company Limited, China Coal Energy Co., Ltd., Coal India Limited, Yanzhou Coal Mining Company Limited, BHP, Glencore, among others are some of the prominent players in the market.

Procurement Resources’ detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses a combination of cutting-edge analytical tools and their expertise thus, delivering its customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Compare test & Choose the Right Report Version for You

Why Procurement Resource?

RIGHT PEOPLE

At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.

RIGHT METHODOLOGY

We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.

RIGHT PRICE

Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.

RIGHT SUPPORT

Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.

Similar Reports
Global Nutmeg Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global nutmeg market reached a value of about 130 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 6% in the forecast period of 2022-2027 to reach a value of around 180 thousand tonnes by 2027.

Read More
Global HEOR Service Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.

Read More
Global Artificial Intelligence Industry Report: Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global Artificial Intelligence market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.

Read More

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news