Anthracite market Growth, Size, Demand, Industry Report, Top Key Players, Analysis and Forecast to 2027 – Shad Adom

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Highlights in the market

Anthracite is a low volatile and high fixed carbon used in various industrial applications such as fuel, steel production, sinter plants, refractory furnaces, replacement of anthracite furnaces and others. The main application of anthracite is as a fuel, in the steel, energy and power industries.

Anthracite is the highly rated coal because it is hard, concentrated in carbon, has a lower moisture content and burns more efficiently than other coals. Due to its excess carbon storage and low volatility, anthracite is more reactive and efficient with respect to the energy released than the lower-ranked coals, and as a result has a lower environmental impact due to lower greenhouse gas emissions.

Urbanization of the emerging economies is resulting in the largest migration of people in human history. The infrastructure required to support the resulting rapid growth is creating unprecedented demand for steel and the anthracite coal needed to produce it. Combined with a decrease in coal reserves, it is expected that there will be a long-term global shortage of metallurgical coal. About 500 million tons of new metallurgical coal production will be required by the end of the decade to meet the increase in demand.

Regional analysis:

The global anthracite market is classified on the basis of mixed geographical segmentation which includes regions such as Americas, Europe, Asia-Pacific, Middle East and Africa. Of all, the Asia Pacific anthracite market is the largest market owing to strong growth in the application industry in China, Japan, and India.

At the time, Vietnam and Ukraine were the largest exporters of anthracite, and were rapidly shrinking from the market with their combined exports. The rapid decline in anthracite exports appears to be unsuppliable from other major exporters in Russia and South Africa, resulting in tight supply and demand dynamics, creating a strong price environment.

China is the main dominant country due to large-scale production of end-user industries such as metals and power and energy. Russia led to the second position in terms of anthracite production followed by Ukraine, Vietnam, Korea, South Africa, USA and others. While the main exporter of anthracite in descending order are Vietnam, Russia, China, North Korea, South Africa, USA, Germany, UK and others. On the other hand, the major importers of anthracite in descending order are China, Japan, South Korea, France, Belgium, Bulgaria, Brazil and others.

Mining of high-quality anthracite occurs mainly in China, Russia, South Africa, Ukraine, the United States and Vietnam. There is a large production in some Western European countries, but the quality is mainly suitable only for electricity production. In terms of exports, countries such as Russia and Ukraine have become during the last seven years the dominant suppliers to world markets due to their low production costs. In Asia, Russia is constantly replacing China and Vietnam in various markets. In the western region, Ukraine is becoming the important supplier of anthracite.

Russia has emerged in recent years as the main supplier of anthracite to Europe and other markets around the world. Production in Ukraine has been affected by the conflict in the east of the country since 2014 but may recover from now on. Vietnam’s position as a global supplier is a persistent detergent due to its high cost. Other sources such as South Africa and the United States focus mainly on their domestic markets, with little export.

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key players

Key players in the global anthracite market are: Blaschak Coal Corporation (US), Lehigh Anthracite (US), Atlantic Coal Plc. (UK), Atrum Coal Ltd (Australia), Celtic Energy (USA), Vietnam National Coal-Mineral Industries Group (USA), Sadovaya Group (Europe), Vostok Coal (Russia), Siberian Antracite (Russia), Robindale Energy Services, Inc. (USA) and others.

Distribution

The global anthracite market is primarily segmented on the basis of application, end user, and region. Based on anthracite application, the market is segmented into fuel, steelmaking, sinter plants, refractory furnaces, coal replacement furnaces, and others. Based on end user, the market is segmented into steel, energy and power, bricks, silicon and glass, synthetic fuels, others and based on regional market segmented into North America, Europe, APAC, Latin America, Middle East and Africa.

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