Global Coal Market by share analysis of the top industry players

Global Coal Market is valued at $10.5 billion in 2015 and is expected to grow at a CAGR of 11.2% to reach $22.0 billion by 2022. Coal is expected to remain as the most affordable source for the generation of power in many countries for decades. The factors such as rising electricity demand from emerging regions and rapid industrialization are propelling the market growth. However, growing concern on environmental issues and huge transportation costs are restraining the coal market. Rapidly increasing population across the globe offers large number of opportunities for coal market.

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In 2015, Asia Pacific dominated the coal market and accounted for more than 50% of global share and is also expected to witness high growth rate during the forecast period. China and India are projected to be the fastest growing markets in this region. U.S., China, India, Australia and South Africa are the top five coal producing countries across the globe.

Some of the top players in global coal market include Altona Energy Plc, Anglo Pacific Group plc, Arch Coal, BHP Billiton Ltd., Blackham Resources Limited, China Coal, China Shenhua Energy, Coal India Ltd., Melior Resources Inc., Pacific Coal Resources Ltd., Peabody Energy, Rio Tinto, RWE Power, Shanxi Coal, Shenhua Group and SouthGobi Resources Limited.

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