Industry Analysis & Industry Trends
Powering the industry
Strong growth is forecast in the Coal and Ore Wholesaling industry over the next five years, with demand from power generation expected to increase. The industry will face ongoing threats from environmental legislation and the growing market share of renewable energies, however, but booming demand from third world countries is expected to foster strong growth, particularly after 2015... purchase to read more
Industry Report - Industry Products Chapter
Worldwide, coal has many important uses, ranging from electricity generation to cement manufacturing to steel production. Steam coal (also known as thermal coal) is largely used in power generation, whereas coking coal (also known as metallurgical coal) is mainly used in steel production. Other important uses include alumina refineries, paper manufacturers and the chemical and pharmaceutical industries. Coal products are expected to generate the majority of Coal and Ore Wholesaling industry revenue at 69.8% in 2012. More specifically, steam coal is estimated to account for about 63.5% of industry revenue, whereas coking coal is expected to generate 6.3% of the revenue.
More than 90.0% of US coal production consists of steam coal... purchase to read more