$27.6bn
$X.Xbn
33,894
687
$X.Xbn
Coal miners have faced a highly volatile operating environment over the past five years. Wildly fluctuating commodity prices, declining mine output and the gradual transition toward cleaner and less-expensive energy alternatives have constrained domestic coal demand. Also, coal mining companies suffered from severe economic and supply chain disruptions that emerged following the outbreak of COVID-19 in 2020. Despite lower output, surging coal prices enabled coal miners to rebound from the outbreak of COVID-19, but normalizing prices in 2023 and 2024 contributed to declines. Export markets have been a crucial source of demand for coal miners as domestic consumption has fallen. Industry-wide revenue has been falling at a CAGR of 2.0% over the past five years and is expected to total $27.6 billion in 2024, when revenue will dip by an estimated 8.3%.
Industry revenue has declined at a CAGR of 2.0 % over the past five years, to reach an estimated $27.6bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Peabody Energy Corp | 1,479.3 | 72.4 | 4.9 | |
Arch Resources, inc. | 1,463.0 | 63.8 | 4.4 | |
Alpha Metallurgical Resources, Inc. | 1,440.9 | -67.3 | -4.7 |
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Industry revenue is measured across several distinct product and services lines, including Bituminous coal, Subbituminous coal and Lignite. Bituminous coal is the largest segment of the Coal Mining in the US.
The purity and scarcity of anthracite coal come at a high price tag
Companies in this industry mine various types of coal. This often occurs 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). Miners also develop coal mine sites and prepare the coal for sale by washing, screening and sizing the material.
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NAICS 21211 - Coal Mining in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Coal miners have endured considerable volatility. The outbreak of COVID-19 hammered coal miners, but surging prices amid supply chain woes led to temporary expansion. Still, ...
Learn about an industry's products and services, markets and trends in international trade.
Bituminous coal has continued to dominate. The availability and versatility of bituminous coal continue to attract power and steel producers.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The Southeast is home to most coal mines. Large coal deposits high in sulfur for power production attract coal miners to the region.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Price is the primary source of competition among coal miners. Proximity to crucial logistics infrastructure to ship coal domestically and internationally is vital for coal mi...
Learn about the performance of the top companies in the industry.
Just four companies have amassed 5.0% of the market. Arch Resources, Consol Energy, Alpha and Peabody are publicly traded companies with large amounts of capital, enabling th...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Coal miners face heavy regulations from the federal government. Several acts enacted by Congress and administered by the US Department of the Interior and the EPA impact coal...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit has endured severe volatility. The outbreak of COVID-19 led many coal miners to operate at a loss, but profit has mounted as coal prices have surged.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Coal Mining in the US industry in United States is $27.6bn in 2024.
There are 687 businesses in the Coal Mining in the US industry in United States, which has declined at a CAGR of 8.2 % between 2019 and 2024.
The market size of the Coal Mining in the US industry in United States has been declining at a CAGR of 2.0 % between 2019 and 2024.
Over the next five years, the Coal Mining in the US industry in United States is expected to decline.
The biggest companies operating in the Coal Mining market in United States are Peabody Energy Corp, Arch Resources, inc. and Alpha Metallurgical Resources, Inc.
Bituminous coal and lignite surface mining and Bituminous coal and lignite underground mining are part of the Coal Mining in the US industry.
The company holding the most market share in United States is Peabody Energy Corp.
The level of competition is high and increasing in the Coal Mining in the US industry in United States.