Global Size, Share, Growth, Trends & Forecasts – Fastbreak Daily


According to the latest report by IMARC Group, titled “Coal-fired Power Generation Market: Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026”, the global power generation market in coal reached a volume of 2,100 GW in 2020., the market is expected to grow at a CAGR of 6.2% during the period 2021-2026.

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.

A coal-fired power plant is a thermal power plant that uses the combustion of sub-bituminous and less volatile coal to generate electricity. It works by pulverizing coal to produce thermal, mechanical and electrical energy using various technologies, such as cyclone furnace, coal gasification, and fluidized bed combustion. Due to the easy availability and lower cost of coal, it is one of the most commonly used sources for power generation in the world. In addition, coal-fired power plants are more reliable and safer than their nuclear counterparts.

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Market trends

Rapid industrialization, along with the growing need for electrification in the commercial and residential sectors, is increasing the demand for coal-fired power generation. In addition, growing environmental concerns regarding the emission of heavy pollutants during the combustion of coal have pushed the installation of advanced filters and safer equipment in power generation facilities. In addition, several government agencies are investing heavily in extensive R&D activities for the implementation of clean fuel technologies, which are further expected to boost the market for coal-fired power generation in the coming years.

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List of Key Companies Covered By This Market Report:

  • American Electric Power Company (NASDAQ: AEP)
  • China Huaneng Group Co. Ltd.
  • Dominion Energy Solutions Inc.
  • Duke Energy Corporation (NYSE: DUK)
  • Eskom Holdings SOC Ltd.
  • Jindal India Thermal Power Limited
  • NTPC Limited (NSE: NTPC)
  • RWE Aktiengesellschaft (ETR: RWE)
  • STEAG GmbH (Ksbg Kommunale Beteiligungsgesellschaft Gmbh & Co. Kg)
  • Tenaga Nasional Berhad (KLSE: TENAGA)

Breakdown by type:

  • Pulverized Coal Systems
  • Cyclonic furnace
  • Others

Breakdown by end user:

  • Residential
  • Commercial
  • Industrial

Distribution by geography:

  • North America (United States and Canada)
  • Europe (Germany, UK, France, Italy, Spain, Russia and others)
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Australia and others)
  • Latin America (Brazil, Mexico)
  • Middle East and Africa

Highlights of the report:

  • Market performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

About Us

The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.

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