Anthracite Market Overview, Demand, Global Industry Share, COVID-19 Analysis and Growth 2023
Anthracite Market Highlights
Anthracite is a low volatile and high fixed carbon, which used in
various industrial application such as fuel, steel making, sinter plants,
indurating furnaces, furnace Anthracite replacement, and others. The main
application of anthracite is as fuel, in steel industries, energy & power.
Anthracite is the high-level ranking coal because it is rigid,
carbon concentrated, has less moisture content, and burns efficiently than
other coals. Due to its excess carbon storage and low volatiles, anthracite is
more reactive and efficient with respect to energy released than the
lower–ranked coals and consequently has a lower environmental impact due to the
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 declining coal reserves it
is expected that there will be long-term global shortage of metallurgical
coals. Approximately 500 million tons of new annual metallurgical coal
production will be required by the end of the decade to service the growth in
demand.
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Key Players
Key players of the
global Anthracite industry are: Blaschak Coal Corporation
(US), Lehigh Anthracite (US), Atlantic Coal Plc. (UK), Atrum Coal Ltd
(Australia), Celtic Energy (US), Vietnam National Coal-Mineral Industries Group
(US), Sadovaya Group (Europe), Vostok Coal (Russia), Siberian Anthracite
(Russia), Robindale Energy Services, Inc. (U.S) and others.
Anthracite Market Regional analysis:
The global COVID-19 analysis on anthracite
coal market size is
classified on the basis of mixed geographic segmentation which involves regions
such as America, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia
Pacific Anthracite industry is largest market owing to robust
industry growth of application industry in China, Japan and India.
At a time Vietnam and Ukraine were the biggest exporters of
anthracite are quickly decreasing from the market with their combined exports.
The rapid decrease in anthracite exports appears unable to be supplied from
other major exporters in Russia and South Africa, resulting in a tight supply
and demand dynamic, creating a strong price environment.
China is major dominating country owing to large scale production
of end user industries such as metallurgy and power & energy. Russia led to
the second position in terms of producing anthracite followed by Ukraine,
Vietnam, Korea, South Africa, US, and others. While the major exporter of
anthracite in decreasing order are Vietnam, Russia, China, North Korea, South
Africa, US, Germany, UK, and others. On the other hand the major importers of
anthracite in decreasing 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 sizeable
production in some western European countries, but the quality is primarily
suitable only for power generation. In terms of exporting, countries such as
Russia and Ukraine have become the dominant suppliers to world markets over the
past seven years due to their lower production costs. In Asia, Russia is
constantly replacing China and Vietnam in various markets. In the western
region, Ukraine is becoming the important anthracite supplier.
Russia has emerged in recent years as the key anthracite supplier
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 world supplier is continuous decaling due to
its high cost producing charges. Other sources such as South Africa and the
United States focus primarily on their domestic markets, with small exports.
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on various industry verticals and wherever required we will be considering
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