Steam Coal market

United States Steam Coal Market Research Report 2024-2030

  • 20 October 2024
  • Energy and Natural Resources
  • 205 Pages
  • Report code : PMR-8013553

  • 4.7 (158)

Steam Coal Market

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The United States Steam Coal market size was valued at US$ 26.8 billion in 2024 and is projected to reach US$ 22400.0 million by 2030, at a CAGR of -2.90% during the forecast period 2024-2030.

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Steam Coal, also known as thermal coal, is primarily used in power generation to produce electricity through steam turbines.

The US Steam Coal market is experiencing a gradual decline, driven by the shift towards cleaner energy sources, stricter environmental regulations, and the increasing cost-competitiveness of natural gas and renewables. In 2023, total production reached 520 million short tons, with power generation accounting for 90% of market value. The market saw a 5% decrease in coal-fired electricity generation in 2023, as utilities continue to retire older coal plants. Export of steam coal to Asian markets is growing at 3% annually, partially offsetting domestic declines. The market is witnessing a trend towards more efficient and cleaner coal technologies, with a 10% year-over-year increase in investments in high-efficiency, low-emission (HELE) coal plant upgrades. Adoption of carbon capture and storage technologies in coal-fired power plants grew by 15% in 2023, albeit from a small base. Leading coal producers are focusing on cost reduction and operational efficiency, with a 20% increase in the implementation of advanced mining technologies and automation. The industry is also seeing increased interest in coal-to-hydrogen conversion, with a 25% rise in research and pilot projects exploring clean hydrogen production from coal resources.

Steam Coal Market contains market size and forecasts of Steam Coal in United States, including the following market information:

•    United States Steam Coal Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    United States Steam Coal Market Sales, 2019-2024, 2024-2030,

•    United States Top five Steam Coal companies in 2023 (%)

Report Includes

Steam Coal Market presents an overview of United States market for Steam Coal , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Steam Coal Market focuses on the Steam Coal sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Steam Coal market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Steam Coal Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Steam Coal Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Lump Steam Coal

•    Steam Coal Fines

Segment by Applications

•    Energy Industry

•    Cement Industry

•    Others

Key Companies covered in Steam Coal Market :

•    Peabody Energy

•    Arch Resources, Inc.

•    Alliance Resource Partners, L.P.

•    Consol Energy Inc.

•    Cloud Peak Energy

•    Alpha Metallurgical Resources

•    NACCO Industries, Inc.

•    Hallador Energy Company

•    Lighthouse Resources Inc.

•    Westmoreland Mining LLC

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Steam Coal revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)

•    Key companies Steam Coal revenues share in United Statesn market, 2023 (%)

•    Key companies Steam Coal sales in United Statesn market, 2019-2024 (Estimated),

•    Key companies Steam Coal sales share in United Statesn market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Steam Coal Market

•    Overview of the regional outlook of the Steam Coal Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Steam Coal Market 

•    United States Steam Coal Market 

•    Japan Steam Coal Market 

•    Germany Steam Coal Market 

•    South Korea Steam Coal Market 

•    Indonesia Steam Coal Market 

•    Brazil Steam Coal Market

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SAMPLE REPORT INCLUDES
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  • SWOT AnalysisSWOT Analysis
  • Industry Major PlayersIndustry Major Players
  • Revenue ForecastsRevenue Forecasts
  • Historical and Forecast GrowthHistorical and Forecast Growth
  • Profitability AnalysisProfitability Analysis
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