Global Coal Mining to 2021 - Current Downfall Sets for a Recovery as Demand from Asia-Pacific Remain Buoyant
Coal is globally available in abundant quantities with nations in Asia-Pacific region having the world’s major share (46.5%), followed by Europe and Eurasia (28.3%), the Americas (24%), and Middle East and African countries (1.2%), at the end of 2016. The US had the world’s largest coal reserves at 251.6 billion tonnes (Bnt) with China taking the second spot with 244Bnt of coal reserves, followed by Russia, Australia, and India, among other countries. Globally, 7.6Bnt of coal was produced in 2016, a decline of 3.8% compared to the previous year. The major setback was an 8.7% fall in production from China and a 17.6% fall from the US.
Global production is expected to post a forecast period (2017-2021) compound annual growth rate (CAGR) of 2.4% to reach 8.5Bnt in 2021. This will be supported by an expected increase in production from India, the US, and South Africa. Countries such as China and Indonesia are expected to maintain production at current levels. China, India, the US, Australia, and Indonesia were the world’s five largest producers of coal, collectively accounting for 76% of global coal production.
China, India, the US, Germany, and Russia were the top-five coal-consuming countries, accounting for 74.9% of global consumption during 2016. Demand in China and the US declined due to measures implemented by their respective governments to reduce dependency on coal for generation of electricity. Over the forecast period, the global consumption of coal is expected to grow at a CAGR of 2.2% to reach 8.4Bnt in 2021, supported by robust demand from India and Indonesia, with nominal growth across South Africa, the US, and Russia.
The report Global Coal Mining to 2021 - Current Downfall Sets for a Recovery as Demand from Asia-Pacific Remain Buoyant covers comprehensive information on global coal mining industry, global coal reserves by region, country and type, the historical and forecast data on global coal production and production by country. The report also includes the historical and forecast data on coal consumption, consumption by country; major exporters and importers. The report also includes, factors affecting the demand for coal, profile of major coal producing companies in the world and region-wise data on the active, exploration and development coal projects.Companies mentioned in this report: Coal India Ltd, China National Coal Group Corp., Glencore Plc, China Shenhua Energy Company Ltd, Yanzhou Coal Mining Company Ltd., Inner Mongolia Yitai Coal Company.
Summary of the country’s mining industry across various parameters - reserves, production, consumption, trade, competitive landscape and the future potential.
Global coal reserves by region, country and type.
Coal production and consumption numbers from 2000-2016 and forecast for next five years to 2021.
Comprehensive information of major operating coal mines in Asia-Pacific (APAC), Europe, Oceania, Middle East and Africa (MEA), South and Central America (SCA), North America (NA) and Former Soviet Union (FSU)
Comprehensive information of major exploration coal projects in APAC, Europe, FSU, MEA, NA, Oceania, and SCA.
Comprehensive information of major development coal projects in APAC, Europe, FSU, MEA, NA, Oceania, and SCA.
Factors Affecting the Demand for Coal
Company details, including company overview, business description and information on active, exploration and development Coal projects.
Reasons to buy
Gain an understanding of the global Coal mining industry.
Facilitate decision-making based on strong historic and forecast data
Obtain the region-wise most up to date information for active, exploration and development coal projects.
Identify various factors affecting the coal demand.
Identify key operating companies’ and obtain the business structure, strategy and prospects.