Increase in Steam-Electric & Domestic Fuel Power Generation Projects Coupled with Heavy Dependence on Coal Energy is Set to Drive Global Coal, Lignite, And Anthracite Mining Market Over the Forecast Period: Ken Research

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Mining is an extraction of valuable or geological materials from the earth, usually from an ore body, vein, lode, seam, and reef or placer deposit. Mining is classified as undersea mining, surface mining (strip mining, mountain removal mining, open-pit mining and auger mining), and underground mining (blast mining, long-wall & short-wall mining, room & pillar mining, continuous mining, and retreat mining). Some equipment such as drilling & blasting, wheel excavators, dozers & scrapers, shovels & trucks, draglines and reclamation are used in process of mining.

Coal is a hard rock which is burned as a solid fossil fuel. Coal has mostly carbon but also contains hydrogen, oxygen, sulphur, and nitrogen. Lignite is a flexible, combustible, brown, sedimentary rock formed from naturally compressed peat. Lignite is a lowest quality coal with low carbon content of 25-35% & moisture content of 20-40% and heating value of 4000 to 8300 BTU per pound. Lignite is used in pulverized coal & cyclone-fired electric production power plants. Moreover, Anthracite is a highly metamorphosed form of coal, used for heating residential & commercial buildings, and hand-fired furnaces.

According to study, “Coal, Lignite, And Anthracite Mining Global Market Report 2019” the key companies operating in the global coal, lignite, and anthracite mining market are Coal India Limited, BHP Billiton Ltd, ShenHua Group, Anglo American plc., China Coal Energy Co Ltd. Blaschak,  Jeddo, Lehigh Natural Resources, Reading Anthracite Company, Alpha Natural Resources, Inner Mongolia Yitai Coal, Rio Tinto, SRK Consulting, Joy Global Surface Mining, ZEMAG Maschinenbau, Neyveli Lignite, RWE, Environmental Clean Technologies.

Based on form type, market is segmented into gasification and liquification. Based on type of lignite, market is segmented into compact lignite or perfect lignite and xyloid lignite or fossil wood. Based on type of coal, market is segmented into bituminous coal and coking coal or hard coal. Based on application, market is segmented into fertilizer based production, electricity generation and synthetic natural gas generation.

The coal, lignite, and anthracite mining market is driven by increase in steam-electric & domestic fuel power generation projects, followed by rise in population & infrastructure, increase in electricity generation, rise in mining techniques and increase in regulations with respect to depletion of fossil fuels & carbon emissions. However, workforce issues & safety and change in government policies may impact the market. In addition, use of 3D (three dimensional) mine visualizers, innovative technologies in coal mining and rise in autonomous vehicles in underground mining are the key trends of the global market.

Nowadays, anthracite mining companies are using Radio Frequency Identification (RFID) technology to monitor or control the level of methane in mines which can cause explosions. The vendors are also using mobile roof support (MRS) and automated temporary roof support (ATRS) solutions to prevent rockfalls caused by bolting of rocks.

Based on geography, the Asian-Pacific region holds largest share, followed by North-American region in coal, lignite, and anthracite mining market owing to increase in positive economic outlook, improved technology and heavy dependence on coal energy in the region. With improved technology, increase in positive economic outlook and emerge in market growth, the scope for the global market is probable to considerably increase in the forecast period.

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Coal, Lignite, and Anthracite Mining Global Market

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