Global Lignite Coal Market – Expected to Reach $44 Billion by 2025 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Lignite Coal Market Size, Market Share, Application Analysis, Regional
Outlook, Growth Trends, Key Players, Competitive Strategies and
Forecasts, 2017 to 2025" report has been added to Research
and Markets' offering.

The Global Lignite Coal Market is expected to reach US$ 44.1 Bn by 2025,
expanding at a CAGR of 2.7% during the forecast period 2017 to 2025.

Lignite coal market is expected to witness significant growth with
growing energy demand along with increasing use of lignite coal as a
fuel for the electricity generation. Increasing natural gas prices along
with high prices of hard coal are factors anticipated to endorse the
demand of lignite coal. After Fukushima nuclear disaster in Japan, the
economies are moving towards safe sources of power generation. Thus,
growing inclination towards alternate sources of power such as renewable
energy, thermal power plants and other hydroelectric power plants.

Low cost of the lignite coal is another factors driving the demand for
lignite coal market. It is positioned as low production cost increment
in merit-order curve competing with hard coal and gas. Lignite is also
used in manufacturing of coal based fertilizers. Further, development in
coal to liquid (CTL) technology widened the array of applications for
lignite coal. This in turn is anticipated to drive the demand for
lignite coal over the forecast period. However, growing inclination
towards clean energy coupled with increasing investment in renewable
energy is expected to hamper the growth of lignite coal market during
the forecast period (2017-2025).

Key Trends:

• Merger & Acquisition
• Production capacity expansion
• Joint ventures and agreements
• Investment in research and development

Key Topics Covered:

1. Preface

2. Executive Summary

3. Global Lignite Coal Market Dynamics

4. Global Lignite Coal Market Size & Forecast (Mn Tons) (US$ Bn), By
Application, 2015 – 2025

5. Global Lignite Coal Market Size & Forecast (Mn Tons) (US$ Bn), By
Geography, 2015 – 2025

6. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/hxzxhs/global_lignite

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Related
Topics: Coal