Coal plays a vital role in the world's ability to generate electricity and manufacture steel. Coal's position in global electricity markets stems from its relative accessibility, affordability and distribution around the globe. The world's largest coal producers are China, the United States and India, with these countries expected to retain their positions in the next five years. In 2015, the industry's revenue is anticipated to decline 9.7%, due to weakening coal prices, to total an estimated $693.6 billion.
This industry mines various types of coal. Most coal mines consist of bituminous coal or anthracite (types of black coal), but operators may also mine lignite (brown coal). Mining occurs underground and in surface pits. Industry enterprises may also develop coal mine sites and prepare the coal for sale by washing, screening and sizing it.
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.
