China Coal Market Size

Statistics for the 2023 & 2024 China Coal market size, created by Mordor Intelligence™ Industry Reports. China Coal size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of China Coal Industry

China Coal Market Summary
Study Period 2019-2029
Base Year For Estimation 2023
Market Size (2024) USD 94.65 Billion
Market Size (2029) USD 102.73 Billion
CAGR (2024 - 2029) 1.65 %
Market Concentration Medium

Major Players

China Coal Market Major Players

*Disclaimer: Major Players sorted in no particular order


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China Coal Market Analysis

The China Coal Market size is estimated at USD 94.65 billion in 2024, and is expected to reach USD 102.73 billion by 2029, growing at a CAGR of 1.65% during the forecast period (2024-2029).

  • Over the long term, factors like increasing electricity demand and investments in the coal industry are expected to drive the market.
  • On the other hand, increasing environmental concern over the use of coal and adopting renewable energy sources is a major restraint hindering the market's growth.
  • Nevertheless, the increasing ways to mine coal and extract value from coal using technologies like carbon capture and storage technologies are expected to create enormous opportunities for the China coal market.

China Coal Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)