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Coal Mining in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Coal Mining in Canada Market Research Report | NAICS 21211CA | Apr 2014

Burned out: Natural gas expansion and slowing export demand will eat into demand for coal

IBISWorld’s Coal Mining market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 09-14
1.0%
Annual Growth 14-19
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Profit
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Employment
7,409
Businesses
26
Industry Analysis & Industry Trends

Coal miners have experienced only slight declines over the past five years. Strong demand from steel production abroad and moderate increases in electricity demand have pushed coal prices up, boosting industry performance. Over the next five years, the industry is expected to perform steadily; however, while coal prices will increase over the period, economic growth in emerging economies (e.g. China) is expected to slow, hampering industry revenue somewhat... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Coal Mining industry is in the mature stage of its life cycle, characterized by a well-established product. However, rapidly rising coking and thermal coal prices mean that the industry's value added (IVA) has grown as a share of GDP. Coal is primarily used for electricity generation and steel production. The technology required to extract coal has not changed substantially over the past 20 years. Furthermore, looming environmental regulation may limit the industry's potential by pushing electricity generation companies to look to alternative sources of energy. IVA, which measures an industry's contribution to the US economy, is expected to grow at an annualized rate of 2.0% over the 10 years to 2019, compared with average annual growth in GDP of about 2.4%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Coal Mining Industry?

This industry mines bituminous, anthracite and lignite varieties of coal. Mining occurs underground and in surface pits. Industry operators may also develop coal mine sites and prepare the coal for sale by washing, screening and sizing it.

Industry Products
Thermal coalMetallurgical coal
 
Industry Activities
Bituminous coal and lignite surface miningBituminous coal and lignite underground miningAnthracite mining


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