Anthracite Market Report 2026

The anthracite market size has grown marginally in recent years. It will grow from $133.32 billion in 2025 to $135.97 billion in 2026 at a compound annual growth rate (CAGR) of 2%. The growth in the historic period can be attributed to expansion of steel and metallurgical industries, increasing use of anthracite in industrial heating, development of coal beneficiation processes, availability of surface mining techniques, growth of domestic coal production.

The anthracite market size is expected to see steady growth in the next few years. It will grow to $152.51 billion in 2030 at a compound annual growth rate (CAGR) of 2.9%. The growth in the forecast period can be attributed to increasing demand for high-purity carbon materials, rising industrial fuel efficiency requirements, expansion of metallurgical applications, growing focus on cleaner coal processing, increasing investments in mining automation. Major trends in the forecast period include increasing adoption of advanced coal cleaning techniques, rising focus on high-carbon content anthracite, growing mechanization of underground mining operations, expansion of surface mining optimization practices, enhanced emphasis on product sizing and grading consistency.

The growth of the anthracite market is expected to be driven by an increase in domestic fuel and power generation. Domestic fuel and power generation involves the production and utilization of energy specifically within households or local communities for everyday needs. This sector is expanding due to rising energy costs, environmental considerations, technological progress, government incentives, and a push for energy self-sufficiency. Anthracite, a high-grade coal, is used in power generation by burning it in coal-fired power plants, its high carbon content and low impurities allow it to produce intense heat, creating steam to drive turbines for electricity production. For example, in October 2024, the International Energy Agency, an autonomous intergovernmental organization based in France, reported that in July 2024, total net electricity production reached 996.1 TWh, reflecting a 2.6% increase from July 2023. Thus, the rise in domestic fuel and power generation is supporting the growth of the anthracite market.

Major players in the anthracite market are concentrating on advanced mining operation solutions to meet increasing demand while ensuring sustainable extraction practices. An example is Coal India's Project Digicoal and Digital War Room launched in April 2023, aiming for a digital transformation in mining operations. This initiative incorporates innovative technologies such as drones for surveying, digitizing land records for streamlined land acquisition, and preventive asset maintenance under Industry 4.0 principles to enhance efficiency.

In July 2024, PT Delta Dunia Makmur Tbk, an Indonesia-based diversified mining company, acquired Atlantic Carbon Group, Inc. for USD 122.4 million. Through this acquisition, PT Delta Dunia Makmur Tbk seeks to enhance its presence in the global anthracite market by obtaining ownership of four operating ultra-high-grade (UHG) anthracite mines in Pennsylvania, USA, and broadening its mining activities beyond contract services to include direct mine ownership. Atlantic Carbon Group, Inc. is a US-based anthracite mining and production company recognized for its high-quality UHG anthracite, which is used in applications such as low-carbon steel manufacturing and various industrial processes.

Major companies operating in the anthracite market are Blaschak Coal Corporation, Reading Anthracite Company, Jeddo Coal Company, Lehigh Anthracite, Siberian Anthracite, Sibanthracite Group, Jincheng Anthracite Mining Group, Yangquan Coal Industry Group, Sadovaya Group, VostokCoal, Coal India Limited, Glencore plc, Atrum Coal, Atlantic Coal plc, Celtic Energy Ltd, Ural Mining Company, Keystone Anthracite Co., United Coal Company, Robindale Energy, Xcoal Energy And Resources, Zibulo Collier.

Asia-Pacific was the largest region in the anthracite market in 2025. The regions covered in the anthracite market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the anthracite market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The anthracite mining market includes revenues earned by entities by providing mining services such as strip mining, and culm bank mining. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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