The Global Lignite Mining Market Was Valued At $109 Billion In 2017 According To TBRC’s Latest Report
The global lignite mining market was valued at $108.19 billion in 2017. Asia Pacific was the largest geographic region accounting for $76.86 billion or 71.04% of the global market.
(EMAILWIRE.COM, July 31, 2018 ) Lignite is the lowest quality coal with low carbon content of 25-35%, moisture content of 20-40%, and heating value of 4000 to 8300 BTU per pound. Lignite is typically used in pulverized coal or cyclone-fired electric production power plants.
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The global lignite mining market was valued at $109 billion in 2017. This was due to increased electricity generation that resulted in higher consumption of coal. Electricity generation accounted for around 60% of the total coal consumption during the historic period.
Asia Pacific was the largest geographic region in the market, accounting for over 70% of the global market share.
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China was the largest country in the market, accounting for more than half of the global lignite mining market share. This is mainly due to the country’s large available coal reserves, consumer population, and increasing energy demand that led to a rise in consumption of coal. China was followed by India and Japan as the next largest countries in the market.
The major competitors in the market are SRK Consulting, ZEMAG Maschinenbau GmbH, Joy Global Surface Mining, Neyveli Lignite Corporation Limited, Environmental Clean Technologies Limited and RWE.
SRK Consulting is an independent, international consulting practice providing advice and solutions to the earth and water resource industries.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
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Americas: +1 315 623 0293
Email: info@tbrc.info
Order the report at
https://www.thebusinessresearchcompany.com/report/lignite-mining-global-market-report-2018
The global lignite mining market was valued at $109 billion in 2017. This was due to increased electricity generation that resulted in higher consumption of coal. Electricity generation accounted for around 60% of the total coal consumption during the historic period.
Asia Pacific was the largest geographic region in the market, accounting for over 70% of the global market share.
Download a sample of the report at
https://www.thebusinessresearchcompany.com/sample.aspx?id=360&type=smp
China was the largest country in the market, accounting for more than half of the global lignite mining market share. This is mainly due to the country’s large available coal reserves, consumer population, and increasing energy demand that led to a rise in consumption of coal. China was followed by India and Japan as the next largest countries in the market.
The major competitors in the market are SRK Consulting, ZEMAG Maschinenbau GmbH, Joy Global Surface Mining, Neyveli Lignite Corporation Limited, Environmental Clean Technologies Limited and RWE.
SRK Consulting is an independent, international consulting practice providing advice and solutions to the earth and water resource industries.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results