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Coal Mining in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Coal Mining Market Research Report | NAICS 21211 | Apr 2016

Glowing embers: Increased electricity consumption will sustain demand amid slow growth in global markets

IBISWorld’s Coal Mining market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$28bn
Annual Growth 11-16
-10.3%
Annual Growth 16-21
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Profit
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Employment
66,025
Businesses
1,147
Industry Analysis & Industry Trends

The Coal Mining industry has been volatile over the five years to 2016. The prices of thermal and metallurgical coal surged early in the five-year period, peaking in 2011. Australian coal reentering the global market after flooding in 2011, the emergence of natural gas as a substitute for coal in electricity generation, a slowing Chinese economy and mild winters in the United States that reduced demand for thermal coal all contributed to price volatility. Consequently, coal stockpiles have remained high around the globe. Coal prices are expected to grow slightly in the five years to 2021, as slowing economic growth in major global markets (e.g. China) places downward pressure on product prices... purchase to read more

Industry Report - Industry Analysis Chapter

The Coal Mining industry has been fending off competition from increasing natural gas production and environmental criticisms over the past five years. Revenue is expected to decline at an annualized rate of 9.6% to $29.2 billion in the five years to 2016, as weak prices of thermal and metallurgical coal negatively impacted operators’ performance. The emergence of decreasing natural gas costs encouraged by hydraulic fracturing and horizontal drilling techniques in the Oil Drilling and Gas Extraction industry (IBISWorld Report 21111) increased competition for the industry. However, this trend is not expected to immediately displace demand for coal because coal still maintains a high return on energy investment, a measure of the amount of energy produced per unit of energy expended... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Coal Mining Industry?

Operators in this industry mine various types of coal. This will often occur either underground or in surface pits. Most coal mines consist of bituminous coal or anthracite (types of black coal), but companies might also excavate lignite (brown coal). Industry operators also develop coal mine sites and prepare the coal for sale by washing, screening and sizing the material.

Industry Products
Bituminous coalSub-bituminous coalLigniteAnthracite
 
Industry Activities
Bituminous coal and lignite surface miningBituminous coal and lignite underground miningAnthracite mining


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