Dublin, Aug. 04, 2022 (GLOBE NEWSWIRE) -- The "Coal: Global Markets" report has been added to ResearchAndMarkets.com's offering.

This market study assesses the leading coal types currently used globally for electricity, steel, cement, etc. The coal discussed in this report is in use across these industries, and many more and new emerging sectors are driven by technological innovation

In 2021, global coal output recovered from the supply and demand disruptions caused by the COVID-19 pandemic in 2020. In 2021, an expansionary economic climate favored coal fundamentals. According to the International Energy Agency (IEA), global coal production increased by around REDACTED% to approximately REDACTED metric tons in 2021.

China is the world's most significant coal producer, accounting for over half of total production. According to the Chinese National Bureau of Statistics, China produced about REDACTED billion metric tons of coal in 2021. India, Indonesia, U.S., Australia and Russia are other big coal producers.

In 2021, U.S. coal production climbed by approximately REDACTED%, following a more than REDACTED% decline in 2020 owing primarily to weaker demand for electricity generation and muted exports. Coal production in the U.S. has roughly halved over the last decade as demand for coal-fired energy has continued to decline. The U.S. is currently the fourth-largest producer, having previously trailed only China.

While the coal sector is one of the most contentious globally, it is also crucial. Although economically developed countries have pushed for renewable energy sources to be used to generate electricity rather than fossil fuels due to the environmental impact of carbon emissions, coal still accounts for at least REDACTED% of global electricity generation, and it saw a REDACTED% increase in the seaborne coal trade in 2019. Coal is the most widespread fossil fuel, accounting for REDACTED% of all recoverable fossil fuels.

Even in 2021, there was a rise in seaborne coal commerce owing to increased coal imports from growing economies such as Malaysia, Bangladesh, Vietnam, Pakistan and the Philippines. Indeed, these are a few countries responsible for the significant growth in coal volumes in 2019, with India, China, the Philippines and Vietnam contributing the most. The electricity generation in these countries is critical since many of their citizens lack access to power.

Globally, over REDACTED people lack access to electricity. Thus, reconciling the demand for increased electricity generation with reducing greenhouse gas emissions is a tricky balancing act that the world needs to master."Nitrogen gas is a major type of industrial gas utilized across an array of applications in production, processing, storage and shipping.

It is primarily used for the purpose of purging and blanketing in order to offer protection from various contaminants. It plays a key role in preventing combustible dust explosions and allows safe storage of flammable products. In addition, through the process of sparging and stripping, this gas also aids in removal of contaminants.

The massive surge in demand has driven the numerous methods of production as well as supply to attain higher reliability, cost and performance efficiency and convenience. Moreover, the market is also characterized by novel technologies, which are highly advanced and are able to meet desired requirements for purity, portability, footprint and usage pattern.

The chemical sector leads in terms of contribution of demand to the nitrogen gas market. Rising applications in gas blanketing and refineries are further propelling global demand. In addition, healthcare, food and beverages, and other segments are also key demand contributors. Regions such as Asia-Pacific and the Americas are expected to drive demand in coming years owing to growing industrial manufacturing sector in emerging nations such as India, China, South Korea, Mexico and Brazil.

The market is highly consolidated in nature. It is dominated by few leading players such as Linde plc, Air Products and Chemicals Inc., Messer Group GmbH, Nippon Sanso Corp., Air Liquide, Gulf Cryo and other players.

Regional and country-level markets will be segmented and analyzed by type and application. The report also covers the impact of the COVID-19 pandemic. The market sizes and estimations are provided regarding revenue, with 2021 serving as the base year; market forecasts will be given for 2022 to 2027.

Report Includes


Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Chapter 4 Impact of a COVID-19 on the Global Coal Market

Chapter 5 Value Chain Analysis of the Global Coal Market

Chapter 6 Market Breakdown by Coal Type

Chapter 7 Market Breakdown by Extraction Process

Chapter 8 Market Breakdown by End Use

Chapter 9 Market Breakdown by Region

Chapter 10 Global Competitive Landscape

Chapter 11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/id1uqr