Metallurgical Coal Market Driven by Steel-based Infrastructural Development in APAC

Steel continues to be the most important alloy of carbon and iron, finding diverse applications owing to its high tensile strength, ability to withstand heat, and low cost. Steel is manufactured using metallurgical coal that is low on sulfur, produces fewer ashes than alternatives, and contains lower phosphorous grades of coal. On the back of radical manner in which infrastructure is being built across the emerging economies, the demand for steel is expected to remain high in the near future. Consequently, the market for metallurgical coal is expanding. A recent business intelligence report by Transparency Market Research (TMR) has foreseen that the demand in the global metallurgical coals will expand at a formidable CAGR during the forecast period of 2017 to 2025.

Apart from infrastructural development across emerging economies, the demand for steel is also stoked by the industries of automotive, machines, weapons, and household appliances. At an average, for the manufacturing of a ton of steel, 630 kilograms of coking coal is required, which is produced using metallurgical coal and preferred for its caking abilities and carbon contents. Currently, China is the biggest producer as well as consumer of coking coal, with nearly 804 million metric tons were required as of 2015.

The metallurgical coal market is also gaining traction from reopening of a number of closed mines as well as advancements in extraction technologies. On the other hand, environmental concerns and stringent government regulations are some of the factors that are expected to reflect negatively over the metallurgical coal market in the near future.

This report, titled “Metallurgical Coal Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” is an intelligence study that has been compiled by chemical and material experts using proven market research methodologies. The report has been compiled with an aspiration to serve as a credible decision making tool for targeted audiences such as coal producers, traders and distributors, manufacturers in end use industries, and associations and industry bodies.

Apart from exploring and analyzing factors that will determine the demand in-flow for metallurgical coal, the report includes figurative estimations of the demand for different segments. The report has also represented the potential of demand that will be forthcoming from different important countries and regions in the near future. Finally, the report concludes with a featured section on the competitive landscape, wherein some of the most prominent players have been profiled for their geographical outreach, product portfolio, and overall market share.

Geographically, Asia Pacific is expected to retain its position as the region with most opportunities in the global metallurgical coal market. Dominated by China and considerable consumer base provided by India, the Asia Pacific metallurgical coal market is expected to remain in great stead during the aforementioned forecast period of the report. North America and Europe are expected to provide for moderate share of total demand.

Based on coal grade, the market can be segmented into semi-soft coking coal (SSCC), coking coals (HCC), and pulverized coal injection (PCI) coal.

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Rio Tinto, Indika Energy, BHP Billiton, Arch Coal Inc., Teck, Anglo America, and Xstrata are some of the notable companies in the metallurgical coal market.

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