Electrically calcined Anthracites (ECAs) are used to add carbon in ladles and blast furnaces. ECA, a product of high quality, has very low amounts of moisture, ash, and sulfur. In comparison to other coal-based products, ECA has a low cost. This raw coal is used in the iron and smelting industry and it contributes to overall profitability. Also, the material finds many uses as a filler of battery casings in automotive and industrial industries.
In 2021 the market value for global calcined athanacite reached US$3.38 Billion. The market should grow by 2.3% between 2022 and 2027. Market growth is being driven by an increasing demand in steel and foundry. ECA, a key raw material in basic and electrical arc heat exchangers for the steel and metallic industries, is consumed by large volumes. ECA is also widely used for coal recarburization. China, Japan, South Korea and the growing industries of iron and metal manufacturing are all driving forces in this market.
Global coal production has fallen over the last few years, due to the ongoing slump in energy prices. It has also reduced the amount of coal available for anthracite production. A recent conflict between Russia & Ukraine, which has affected Ukraine's imports, has only aggravated things. All of these factors may limit anthracite output in the near future.
Sales of electric vehicles have increased as more people are moving towards greener and cheaper modes of transport. These vehicles require a lot of electricity to run, so there is an increased demand for EV batteries. ECA production has increased as ECA can be used in place of petroleum-based gasoline. The trend will continue for the near future.
The report profiles key players in the Global calcined anthracite coal market such as Asbury Carbons, Elkem, Rheinfelden Carbon, RESORBENT s.r.o, Kingstone Group, Aluminium Rheinfelden GmbH, Ningxia Wanboda Carbons & Graphite Co. Ltd, Devenergy, and others. It provides an in-depth analysis of each company's overview, product line, revenue, gross profit margin, pricing, and market share. This report analyzes the company's competitive strategy, their new product approvals/launches, as well as geographical presence. This report gives a detailed overview of key market drivers, challenges, obstacles, and opportunities.
The report includes an overview of major suppliers. This includes AGSCO Corporation, Blue Mountain Minerals, Carmeuse Coordination Center SA, GCCP Resources Limited, IMCO, Iowa Limestone Company, Kemipex Group, Mississippi Lime Company, National Lime & Stone, Okutama Industry Co. Ltd, and United States Lime & Minerals Inc. Besides this, the report highlights the market trends, key strategies, new product developments/approvals, and M&A activities in the global calcined anthracite and Gas Calcined Anthracite Coal Market.
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