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(MoneyNewsWire.Net, October 04, 2018 ) Coal mining industry primarily covers mining of bituminous, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. It also includes the development of coal mine sites, and improvement of coal Including cleaning, washing, screening, and sizing of coal.
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The market was valued at $712 billion in 2017, and is expected to be driven by the increased demand for power generation. Asia Pacific was the largest geographic region in the market, accounting for 71% of the global market.
The coal mining sector in the report is split into two segments: bituminous coal and sub-bituminous coal.
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China was the largest country in the market accounting more than half of the global coal mining market.
The top five competitors in the market are Coal India Limited, BHP Billiton Ltd, Rio Tinto Group, ShenHua Group, and China Coal Energy Co Ltd. Coal India Ltd was the biggest player in the coal mining market. Coal India Limited is an Indian state-controlled coal mining company headquartered in Kolkata, West Bengal, India. The company contributes to around 82% of the coal production in India.
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