The global coal logistics market is expected to post a CAGR of close to 4%
during the period 2018-2022, according to the latest market research
report by Technavio.
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Technavio has published a new market research report on the global coal logistics market from 2018-2022. (Photo: Business Wire)
A key factor driving the growth of the market is the extensive use of
coal as an energy source in industries. Coal is the cheapest source of
energy for many industries’ processes. A few of the major applications
of coal are electricity generation and steel production. In 2017, coal
was a source of fuel for 37% of the global electricity production. This
is much higher than other sources such as natural gas and renewables.
This market research report on the global
coal logistics market 2018-2022 also provides an analysis of the
most important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
In this report, Technavio highlights the rise of coal logistics for the
physically challenged population as one of the key emerging trends in
the global coal logistics market:
Global coal logistics market: Emerging coal to
The process of converting coal to liquid fuel is called coal
liquefication. With fluctuating crude oil prices, which varied from more
than USD 100 per barrel in 2014 to less than USD 50 per barrel in 2017,
the demand for alternative fuel has increased. Liquid coal is among the
alternatives of crude oil apart from other fuels such as biomass and oil
“Liquid fuels derived from coal emits less air pollutants when burned
than coal combustion. Liquid fuels have low levels of oxides of nitrogen
and are also sulfur free. Using carbon capture and storage, coal plants
can provide electricity for electric personal vehicles,” says a
senior analyst at Technavio for research on logistics.
Global coal logistics market: Segmentation
This market research report segments the global coal logistics market by
end-user (electricity and steel) and geographical regions (APAC, EMEA,
and the Americas).
The electricity segment held the largest market share in 2017,
accounting for nearly 52% of the market. This end-user segment is
expected to dominate the global market throughout the forecast period.
APAC led the market in 2017 with a market share of nearly 49% of the
market share. The market share occupied by this region is anticipated to
increase by nearly 2% during 2018-2022.
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Some of the key topics covered in the report include:
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