Glowing embers: Revenue will begin to recover moving forward following years of falling coal prices

The Coal Mining industry has been volatile in recent years, and revenue has declined over the five years to 2017 as a result. The prices of thermal and metallurgical coal surged just prior to the five-year period, and have continually dropped since, inhibiting industry growth. Furthermore, the emergence of natural gas as a substitute for coal in electricity generation, a slowing Chinese economy and relatively mild winters in the United States have reduced demand for coal and contributed to price volatility over the past five years. Over the next five years, however, the industry is expected to return to slow growth, as slowing economic growth in major global markets (e.g. China) places downward pressure on product prices...read more.

Industry Statistics & Market Size
Revenue
$28bn
Annual Growth 12-17
-7.8%
Forecast Growth 17-22
Profit
Employment
60,877
Businesses
1,538
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Industry Threats & Opportunities

  • A slowing Chinese economy and relatively mild winters in the United States have reduced demand for coal
  • Natural gas is increasingly challenging coal’s role in power generation
  • The Coal Mining industry is anticipated to bounce back slightly in the next five years
  • Industry Report - Industry Products Chapter

    Coal mine operators in the United States extract four primary types of coal, including lignite, subbituminous, bituminous and anthracite. These coals vary in quality, and they are ranked according to their carbon content. Ultimately, these types of coal are modified into the two usage based categories of metallurgical and thermal coal. Metallurgical coal, or coking coal, is a key input into steel production and thermal coal, or steaming coal, is primarily used a source of energy and heating.Anthracite and bituminous coalThese types of coal are the top two coals in terms of carbon content. Anthracite has the highest carbon content and lowest level of impurities. Due...purchase to read more.

    Additional Insights for the Coal Mining Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Coal Mining Industry are

  • Availability of resource
  • Ability to find new resource deposits
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as World price of steaming coal and Electric power consumption in the Coal Mining industry impact industry performance..

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    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 coal
  • Sub-bituminous coal
  • Lignite
  • Anthracite
  • Industry Activities
  • Bituminous coal and lignite surface mining
  • Bituminous coal and lignite underground mining
  • Anthracite mining
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • World price of steaming coal
  • Electric power consumption
  • World price of coking coal
  • GDP of mainland China
  • Trade-weighted index

  • Current Performance
  • Profit and impairment
  • Changing downstream markets
  • Global pressures
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit recovery
  • Increasing demand
  • Table: Coal Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Coal Mining Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Cement Manufacturing
  • Iron & Steel Manufacturing
  • Coal & Ore Wholesaling
  • Coal & Natural Gas Power

  • Key Selling Industries
  • Construction & Mining Equipment Wholesaling
  • Explosives Manufacturing
  • Gasoline & Petroleum Wholesaling
  • Mining, Oil & Gas Machinery Manufacturing

  • Products & Services
  • Bituminous coal
  • Sub-bituminous coal
  • Lignite
  • Anthracite
  • Chart: Coal Mining Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Utilities
  • Exports
  • Independent power producers (IPP)
  • Other industrial plants
  • Coke plants
  • Chart: Major Market Segmentation for the Coal Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesRent and utilitiesWages and depreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Coal Mining

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Coal Mining Industry

  • Industry Globalization
    Peabody Energy CorporationArch Coal Inc.CONSOL Energy Inc.Alpha Natural Resources
  • Table: Peabody Energy Corporation - financial performance
  • Table: Arch Coal Inc. - financial performance
  • Table: CONSOL Energy Inc. - financial performance
  • Table: Alpha Natural Resources - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Coal Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Coal Mining Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • World price of steaming coal (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Coke
  • Solid residue remaining after certain types of coals are heated to a high temperature out of contact with air until all components that easily vaporize have been driven off.
  • Longwall Mining
  • A form of underground mining in which large blocks or panels of coal are excavated using a shearer. The mine roof collapses as the shearer retreats.
  • Metallurgical Coal
  • Coal with a high carbon content used to produce coke for steel making. This type of coal is also referred to as coking coal.
  • Open Cut Mining
  • A type of surface excavation in the form of an inverted cone; the shape of the mine opening varies with the shape of the mineral deposit.
  • Pig Iron
  • Crude iron produced in a blast furnace and poured into molds in preparation for making wrought iron, steels, alloys, etc.
  • Thermal Coal
  • Coal with a high energy content burned as fuel in power stations. This type of coal is also referred to as steaming coal.
  • Why buy this report?

    IBISWorld’s industry research report on Coal Mining contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

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    This report on Coal Mining:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Coal Mining market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Coal Mining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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