Synopsis of Anthracite Market
The Global Anthracite is expected to witness a significant growth of USD ~333.89 million by 2022 with CAGR of ~6% between 2016 and 2022.
Anthracite is a metamorphosed, hardest and cleanest type of coal Anthracite has beneficial features, such as high carbon content, coal-low sulfur, and negligible impurities. Anthracite has been providing even, comfortable heating in homes, hospitals,office buildings, schools, military bases and other institutions throughout the world.
Anthracite is extracted almost exclusively from previously disturbed sites. After retrieving the coal from the old mines, the land is filled in and reclaimed. There are various ways to mine anthracite coal. Namely, there are two major methods. Deep, or underground, Deep mining involves a system of shafts, slopes, and rock tunnels connecting the veins being mined. Surface mining, or open pit mining, is another way to extract coal. This method is conducted on hillsides and is visible from the exterior.
As a fuel source, it has various advantages over its more well-known substitutes, such as oil, cord wood, gas, electricity, and wood pellets. The anthracite market is highly correlated with the metals industry where anthracite is primarily used as a reluctant. Anthracite coal is more costly than other forms of coal due to its high-quality standard this is the main cause that anthracite is not used in power plants in some countries or as a substitution of petroleum-based gasoline in automobiles.
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Asia pacific is the largest market of anthracite due to demand in various applications such as fuel, steel making, sinter plants, indurating furnaces, furnace coal replacement, and others in China region followed by Japan. Asia Pacific largest consumer of the global Anthracite market followed by increasing in the consumption of anthracite market in United States region. followed by Europe. Some European countries (such as Netherlands, Belgium, and Spain) had significant increases in Anthracite consumption as they substitute Anthracite for high-priced natural gas in Europe. The largest is availability of Anthracite is found exclusively in Pennsylvania, mostly in the Northeastern Pennsylvania (NEPA) region.
The global Anthracite market is majorly segmented on the basis of application, end users and region. Based on application of Anthracite the market is segmented into fuel, steel making, sinter plants, indurating furnaces, furnace coal replacement, and others. Based on end user the market segmented steel, energy & power, bricks, silicon & glass, synthetic fuels, others and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
Key players of the global Anthracite market 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. (USA) and others.
The report covers brief analysis of geographical region such as:
• Rest of Europe
• Rest of Asia-Pacific
• South America
• Middle East
The report about Global Anthracite Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.
Study Objectives of Anthracite Market:
• To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Anthracite Market
• To understand the supply and demand dynamics including supply and consumption concentration mapping
• To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
• To provide competitor positioning of the market
• To provide company profiling of major players in the market along with their production and capacity
• To provide regional trade analysis
• To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
• Anthracite manufacturers
• Traders and distributors of Anthracite
• Production Process industries
• Potential investors
• Raw material suppliers
• Nationalized laboratory
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