Market Size of China Coal Industry
| 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
*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.
