Global Coal, Lignite, and Anthracite Market Report 2021-2030: Increasing Share of Coal in Power Generation to Drive the Market
March 16, 2021 08:08 ET
| Source:
Research and Markets
Research and Markets
Dublin, IRELAND
ResearchAndMarkets.com's offering.
The global coal, lignite, and anthracite market is expected to grow from $1028.32 billion in 2020 to $1151.8 billion in 2021 at a compound annual growth rate (CAGR) of 12%.
Major companies in the coal, lignite, and anthracite market include Coal India Limited; ShenHua Group; BHP Billiton Ltd; China Coal Energy Co Ltd and Anglo American plc.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1438.49 billion in 2025 at a CAGR of 6%.