Metallurgical Coal Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Demand for Coal Tar to Boost Market Growth | Technavio
LONDON–(BUSINESS WIRE)–#GlobalMetallurgicalCoalMarket–Technavio has been monitoring the metallurgical coal market and it is poised to grow by USD 14.91 billion during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions-
- Based on segmentation by application, which is the leading segment in the market?
- The steelmaking segment is expected to be the leading segment.
- At what rate is the market projected to grow?
- The year-over-year growth for 2020 is estimated at 1.76% and the incremental growth of the market is anticipated to be USD 14.91 billion during the forecast period.
- Who are the top players in the market?
- Anglo American Plc, Arch Coal Inc., Bharat Coking Coal Ltd., BHP, China Coal Energy Co. Ltd., China Shenhua Energy Co. Ltd., Coronado Global Resources Inc., Glencore Plc, Teck Resources Ltd., and Vale SA are some of the major market participants.
- What is the key market driver?
- Demand for coal tar is the major factor driving the market.
- How big is the APAC market?
- The APAC region will contribute 87% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Anglo American Plc, Arch Coal Inc., Bharat Coking Coal Ltd., BHP, China Coal Energy Co. Ltd., China Shenhua Energy Co. Ltd., Coronado Global Resources Inc., Glencore Plc, Teck Resources Ltd., and Vale SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Demand for coal tar has been instrumental in driving the growth of the market.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Metallurgical Coal Market 2020-2024: Segmentation
Metallurgical Coal Market is segmented as below:
- The Americas, APAC, And EMEA
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Metallurgical Coal Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The metallurgical coal market report covers the following areas:
- Metallurgical Coal Market Size
- Metallurgical Coal Market Trends
- Metallurgical Coal Market Analysis
This study identifies advances in the mining industry as one of the prime reasons driving the metallurgical coal market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Metallurgical Coal Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist metallurgical coal market growth during the next five years
- Estimation of the metallurgical coal market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the metallurgical coal market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of metallurgical coal market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Steelmaking – Market size and forecast 2019-2024
- Non-steelmaking – Market size and forecast 2019-2024
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- Americas – Market size and forecast 2019-2024
- EMEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Increase in number of smart city projects
- Advances in mining industry
- Steel production through electrolysis
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Anglo American Plc
- Arch Coal Inc.
- Bharat Coking Coal Ltd.
- China Coal Energy Co. Ltd.
- China Shenhua Energy Co. Ltd.
- Coronado Global Resources, Inc.
- Glencore Plc
- Teck Resources Ltd.
- Vale SA
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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