United States Steam Coal Market Research Report 2025-2031

United States Steam Coal Market Research Report 20252031

Published On : 03 february 2025

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CAGR Value : • The United States Steam Coal market size was valued at US$ 26.8 billion in 2024 and is projected to reach US$ 22400.0 million by 2030, at a CAGR of -2.90% during the forecast period 2024-2030.

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Report Studies • The US Steam Coal market is experiencing a gradual decline, driven by the shift towards cleaner energy sources, stricter environmental regulations, and the increasing cost-competitiveness of natural gas and renewables. In 2023, total production reached 520 million short tons, with power generation accounting for 90% of market value. The market saw a 5% decrease in coal-fired electricity generation in 2023, as utilities continue to retire older coal plants. Export of steam coal to Asian markets is growing at 3% annually, partially offsetting domestic declines. The market is witnessing a trend towards more efficient and cleaner coal technologies, with a 10% year-over-year increase in investments in high-efficiency, low-emission (HELE) coal plant upgrades. Adoption of carbon capture and storage technologies in coal-fired power plants grew by 15% in 2023, albeit from a small base. Leading coal producers are focusing on cost reduction and operational efficiency, with a 20% increase in the implementation of advanced mining technologies and automation. The industry is also seeing increased interest in coal-to-hydrogen conversion, with a 25% rise in research and pilot projects exploring clean hydrogen production from coal resources.

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By Types • Lump Steam Coal • Steam Coal Fines

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By Applications •

Energy Industry

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Cement Industry

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Others

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Key Players : • • • • • •

Peabody Energy Arch Resources, Inc. Alliance Resource Partners, L.P. Consol Energy Inc. Cloud Peak Energy Alpha Metallurgical Resources

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