Lucintel Anticipates Global Coal Industry to Reach $1,037 Billion by 2018

IRVING, Texas, June 3, 2014 /PRNewswire-iReach/ -- The global coal industry is expected to reach an estimated value of $1,037 billion by 2018. The major drivers of the coal industry are rising economic growth, increasing manufacturing base, and increasing demand for electricity. Availability of coal in abundance and relatively lower cost for coal generated power plants drives the demand for coal. APAC is likely to dominate this industry during forecast period.

Photo - http://photos.prnewswire.com/prnh/20140602/93128

Lucintel, a leading global management consulting and market research firm, has analyzed the global coal industry by region and has come up with a comprehensive research report, "Global Coal industry 2013-2018: Trend, Profit and Forecast Analysis." This report provides an analysis of the global coal industry including the market trend, company profiles, cost structure, growth opportunities, key drivers, and emerging trends of the market. The study also includes global coal industry trends and forecasts in terms of value ($B) and volume (Mt) through 2018 segmented by four regions such as North America, Europe, Asia Pacific, and Rest of World.

On the basis of its comprehensive research, Lucintel forecasts that coal industry will grow moderately during 2013-2018. Strong demand in the electric utilities sector considering an increase in population and growth in electric appliances is fostered by rise in living standards. Growing demand of energy from emerging economies such as China, India, and the Middle East countries is anticipated to boost the market. Upcoming technology such as Coal Liquefaction and Gasification Technology, Carbon Capture & Storage/Sequestration (CCS), and Efficiency improvement by Ultra Supercritical Pulverized Coal (USPC), and Integrated Gasification Combined Cycle (IGCC) are the emerging trends that are likely to boost the market.

This research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at [email protected]. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com

Media Contact: Roy Almaguer, Lucintel, +1-972-636-5056, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Lucintel