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Coal Mining in the US - Industry Market Research Report

  • September 2016
  • 41 pages
  • Ibisworld
Report ID: 198602

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



Abstract

Coal Mining in the US

The Coal Mining industry has been volatile in recent years and revenue is expected to decline over the five years to 2016. The prices of thermal and metallurgical coal surged early in the five-year period, peaking in 2011. Slowing demand from emerging markets, most notably in China, is anticipated to contribute to a decline in revenue in 2016. 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. Slower growth in emerging economies will also hurt demand for US metallurgical coal and cause prices to experience sluggish growth. Furthermore, natural gas will continue to erode coal demand over the next five years. Consequently, industry revenue is projected to grow in the five years to 2021.

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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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