Coal Mining Global Market Opportunities and Strategies to 2021

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The coal mining market includes companies involved in mining of bituminous, sub-bituminous, lignite and anthracite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. It also includes the development of coal mine sites, and improvement of coal, including cleaning, washing, screening and sizing of coal. Coal mining is the process of extraction of coal from the ground. Coal is a combustible rock, composed of lithified plant remains and contains macerals, minerals and water.

The top five companies covered are China Shenhua Energy Company Limited, Coal India Limited, China Coal Energy Co Ltd., BHP, and Anglo American plc. China Shenhua Energy Company Limited was the largest competitor in the coal mining market in 2017.

The countries covered are China, India, Japan, UK, Germany, France, Italy, Spain, Russia, USA, Brazil and Australia.

The global coal mining consumption market was valued at $575.8 billion in 2017. Asia-Pacific was the dominant region in the global coal mining market, with more than 78% share of the market. China was the largest country in the market, with more than 45% share of the market.

Coal mines are prone to hazards and mining companies are increasingly focusing on technologies to prevent accidents and improve the safety of miners. Government regulations, and health and safety standards developed by international mining groups also promote efficient safety practices. Some of the reasons for the occurrence of accidents in mining include ineffective drilling, blasting, loading and hauling, leaking out of poisonous methane gas, coal dust, and machinery collisions. Sensor-based methane detectors use RFID technology to monitor and control the level of methane which can cause explosions. GE’s CoalPlus technology helps in reducing coal dust in mining operations by up to 90%. Companies such as Fletcher, JOY, Hilti and Orica are providing automated temporary roof support (ATRS) and mobile roof support (MRS) solutions to prevent rock falls caused by bolting of rocks, which involves inserting a steel rod into the rock formation to support the roof or sides of the rock cavity. Caterpillar’s Cat Detect Personnel technology indicates possible collisions, speeding or rollovers.

The Global Coal Mining Market is segmented into Bituminous Coal, Sub-Bituminous Coal, Lignite, and Anthracite. Bituminous Coal Market This industry involves surface and underground mining of bituminous coal, development of bituminous coal surface mine sites, and surface mining and beneficiating of bituminous coal. It also includes crushing plants, culm bank recovery, screening plants, and strip mining. Sub-Bituminous Coal Market This industry includes companies carrying out surface mining of sub-bituminous coal, development of sub-bituminous coal underground mine sites, and underground mining and beneficiating of sub-bituminous coal. Anthracite Coal Market This industry primarily involves mining of anthracite coal, development of anthracite coal mine sites, and beneficiating anthracite coal. Lignite Coal Market This industry includes establishments involved in surface mining of lignite, development of lignite surface mine sites, and lignite beneficiating. Lignite is the lowest rank of coal with low carbon content of 25-35%, moisture content of 20-40%, and heating value of 4,000 to 8,300 BTU per pound. Lignite is typically used in pulverized coal or cyclone-fired electric production power plants.

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