Calcined anthracite is a type of coal that has undergone heating at high temperatures in order to remove volatile impurities. It is therefore ideal for industrial uses that require premium carbon sources. It can be used as an alternative to petcoke in electric arc furnaces, which allows metals like aluminum to be produced more efficiently. This is expected to drive demand for calcined anthracite during the forecast era.
Global calcined-anthracite is forecast to grow by 5% CAGR during the forecast period. This growth is primarily driven by rising iron and steel manufacturing activities. A rise in the use of aluminium also drives demand for anthracite calcined. This is due to the fact that metals can be used in a wide range of applications, including auto production.
Anthracite coal prices are volatile, and this is a challenge to the industry. This has a significant impact on manufacturers' manufacturing costs and profit margins. Moreover, environmental regulations may force companies to make changes to their facilities. These challenges are expected to hinder market growth.
However, the emergence of new players with innovative production techniques is helping to overcome these limitations. It is particularly true for startups that offer environmentally friendly and cost-effective calcined alumina solutions.
The global market for calcined low-carbon anthracite is expected to be driven by the gas calcined (GCA) anthracite demand. GCA is produced by heating anthracite in a furnace without electricity. It is similar in properties to anthracite that has been electrically calcined, and therefore suitable for the iron casting industry. Some of the top manufacturers of GCA include Asbury Carbons and Rheinfelden Carbon.
The demand for ECA is also growing due to its use in the steel manufacturing process. ECA has a number of advantages, including the fact that it contains no moisture, sulfur, ash, etc. It is therefore a more reliable and consistent source of coal than conventional coal. Moreover, ECA is cheaper than other coal sources. Elkem is a major producer of ECA and supplies the steel industry.
China is expected to be a major player in the global anthracite industry, thanks to its robust industrial and metalurgical industries. It is also one of the leading metal consumers and producers in the world. This drives up demand for anthracite. The use of anthracite reduces the cost of steel production by reducing the requirement for metallurgical coal. This product also reduces greenhouse gas emission, aligning with government initiatives to promote green practices.
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