$2.8bn
$XX.Xm
12,050
157
$XXX.Xm
The Coal Product Manufacturing in China has exhibited declined growth over the past five years, mainly affected by the accelerated process of global ‘de-coal' and clean energy substitution. In addition, with the realization of central heating in cities of China in winter and the popularity of gas and natural gas in cities, fewer and fewer consumers use coal products as fuel for heating and cooking. The demand for coal products declined in recent years. Industry revenue is expected to decrease at an annualized rate of 5.7% over the five years through 2023, to an estimated $2.8 billion. This trend includes a decline of 5.4% in the current year. The number of industry enterprises is expected to decrease at an annualized 1.8% from 172 in 2018 to an estimated 157 in 2023. Many of the companies currently operating in the industry are small, and extensive restructuring over the past few years has led to some mergers and acquisitions. This trend led to the fall in enterprise numbers over the period.Industry profit is expected to account for 3.1% of industry revenue in 2023. Higher regulations within the industry have been raising production costs for coal product manufacturers over the past few years. In addition, raw material prices have been increasing.Industry revenue is forecast to decrease at an annualized 4.1% over the five years through 2028, to $2.3 billion. Coal products are highly polluting, and as China's economy grows, the government is increasingly focusing on protecting the environment. In the future, the main downstream industries of the Coal Product Manufacturing in China will reduce the use of coal products because of their low calorific value and high pollution. Future domestic economic growth will therefore lead to a slowdown in demand for products from the industry.The number of industry enterprises is forecast to decrease in the coming years. Higher concentration will make the industry able to better optimize resources for distribution and waste reduction.
Industry revenue has declined at a CAGR of 5.7 % over the past five years, to reach an estimated $2.8bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2023 | Revenue ($short_0)
2023 |
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There are no companies that hold a large enough market share in the Coal Product Manufacturing in China industry for IBISWorld to include in this product.
Industry revenue is measured across several distinct product and services lines, including Coal bricks, Honeycomb briquettes and Coal balls. Coal bricks is the largest segment of the Coal Product Manufacturing in China.
Coal bricks
The Coal Product Manufacturing industry in China manufactures honeycomb briquettes, coal balls, coal bricks and other solid fuel products from bituminous coal, anthracite, lignite and other kinds of briquettes. Liquid and gas fuel products are not included in the industry.
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China's coal product manufacturing industry has exhibited volatile development over the past five years. It was mainly due to the decline in demand from manufacturing, the ac...
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Coal bricks is the industry's largest product segment. Coal bricks are expected to account for 71.0% of total industry revenue in 2023.
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The Coal Product Manufacturing industry is concentrated in Liaoning, Shandong, Zhejiang and Hunan, where there are rich coal reserves. These provinces are estimated to accoun...
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The competition level in this industry is medium level. Enterprises in the industry pay attention to the competition of product price and quality.
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The concentration of the Coal Product Manufacturing industry is quite low. The top four companies only account for an estimated 7.6% of total industry revenue in 2023.
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This industry is mainly regulated by the National Development and Reform Commission. Enterprises within the industry must comply with the Coal Law and the Mineral Resource La...
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Profit has decreased over the five years through 2023. Higher regulations within the industry have been raising production costs for coal product manufacturers.
Including values and annual change:
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Key data sources in China include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Coal Product Manufacturing industry in China is $2.8bn in 2024.
There are 157 businesses in the Coal Product Manufacturing industry in China, which has declined at a CAGR of 1.8 % between 2019 and 2024.
The market size of the Coal Product Manufacturing industry in China has been declining at a CAGR of 5.7 % between 2019 and 2024.
Over the next five years, the Coal Product Manufacturing industry in China is expected to decline.
Honeycomb briquettes and Coal balls are part of the Coal Product Manufacturing industry.
The level of competition is moderate and increasing in the Coal Product Manufacturing industry in China.