Global Metallurgical Coal Market 2021-2025

Global Metallurgical Coal Market 2021-2025

Technavio has been monitoring the metallurgical coal market and it is poised to grow by $ 14.00 bn during 2021-2025, progressing at a CAGR of 2% during the forecast period. Our report on metallurgical coal market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for steel and high demand for by-products of cooking process. In addition, increasing demand for steel is anticipated to boost the growth of the market as well.

The metallurgical coal market analysis includes application segment and geographical landscapes.

Technavio's metallurgical coal market is segmented as below:

By Application

• Steelmaking
• Non-steelmaking

By Geographical Landscapes

• APAC
• North America
• Europe
• MEA
• South America

This study identifies the global urbanization growth as one of the prime reasons driving the metallurgical coal market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on metallurgical coal market covers the following areas:

• Metallurgical coal market sizing
• Metallurgical coal market forecast
• Metallurgical coal market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading metallurgical coal market vendors that include Anglo American Plc, Arch Coal Inc., Bharat Coking Coal Ltd., BHP Group plc, China Coal Energy Co. Ltd., China Shenhua Energy Co. Ltd., Coronado Global Resources Inc., Glencore Plc, Teck Resources Ltd., and Vale SA. Also, the metallurgical coal market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.