Tuesday, October 6, 2020

Coal, Lignite, And Anthracite Mining Market Forecast to 2030 | Covid 19 Impact and Recovery

The Business Research Company’s latest report Coal, Lignite, And Anthracite Mining Global Market Report 2020 covers Coal, Lignite, And Anthracite Mining market drivers, Coal, Lignite, And Anthracite Mining market trends, Coal, Lignite, And Anthracite Mining market segments, Coal, Lignite, And Anthracite Mining market growth rate, Coal, Lignite, And Anthracite Mining market major players, and Coal, Lignite, And Anthracite Mining market size. The report provides in-depth analysis of the impact of COVID-19 on the Coal, Lignite, And Anthracite Mining industry, along with revised market numbers due to the effects of the coronavirus.



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Coal, Lignite, And Anthracite Mining Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global coal, lignite, and anthracite mining market is expected to decline from $1198.2 billion in 2019 to $1044 billion in 2020 at a compound annual growth rate (CAGR) of -12.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $1295.3 billion in 2023.

The global coal, lignite, and anthracite mining market is segmented by type into coal mining, lignite mining, anthracite mining, by end-user industry into electricity, steel, cement, others, by mining technology into surface mining, underground mining, by organization size into large enterprises, small and medium enterprises. Subsegments covered are bituminous coal, sub-bituminous coal.

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