Market Highlights: Steam coal, also known as thermal coal, is used to generate electricity. Steam coal is suitable for electric power production. It is ground into a fine powder that burns quickly at high heat and used in power plant to heat water in boilers that run steam turbines. In early days, conventional coal-fired power stations used lump coal which was burnt on a grate in boilers to raise steam. Nowadays, the coal is first milled to a fine powder, which increases the surface area and allows it to burn more quickly. The market study is being classified by Type (Lump Steam Coal and Steam Coal Fines) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Steam Coal are Peabody Energy (United States), Siberian Anthracite (Russia), Arch Coal, Inc. (United States), Reading Anthracite Coal (United States), Blaschak Coal (United States), Celtic Energy (United Kingdom), China Coal Energy (China), China Shenhua Energy (China), Coal India Limited (CIL) (India), Glencore (Switzerland), Sadovaya Group (Ukraine), VostokCoal (Russia) and Yangquan Coal Industry (China).
Consumption of steam coal is projected to grow by 1.5% per year over the period 2002- 2030. Lignite, also used in power generation, will grow by 1% per year. Demand for coking coal in iron and steel production is set to increase by 0.9% per year over this period.
Key Questions Answered in the Report What will the Steam Coal Market size and the growth rate be in Future? What are the key factors driving the Steam Coal Market? What are the key market trends and macro-economic impacting the growth of the Steam Coal Market? What are the challenges to market growth? Who are the key vendors in the Steam Coal Market? What are the market opportunities and threats faced by the vendors in the Steam Coal Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Steam Coal Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Steam Coal market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Steam Coal market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.