The Coal Mining industry has lost steam over the past five years. This is because the emergence of natural gas-generated electricity has increased competition for the industry. Emerging market demand for metallurgical coal has created need for this export, as developing countries are extensively building infrastructure and demanding steel-making coals at increasing rates. Additionally, coal stockpiles have remained high around the globe, depressing prices and causing industry revenue to contract. In the five years to 2020, slower growth in emerging economies will hurt demand for US metallurgical coal and cause prices to stagnate. Furthermore, natural gas will continue to erode coal demand, as the appetite for alternative sources of electricity expands globally.
Operators in this industry mine various types of coal. This will often occur either underground or in surface pits. Most coal mines consist of bituminous coal or anthracite (types of black coal), but companies might also excavate lignite (brown coal). Industry operators also develop coal mine sites and prepare the coal for sale by washing, screening and sizing the material.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.