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   Anthracite market , the highest rank of coal, is known for its high carbon content, low impurities, and superior heating value. These characteristics make it a highly sought-after energy source and industrial input. The global  Anthracite market is witnessing steady growth, driven by its extensive applications in various industries, including energy, metallurgy, and filtration. Anthracite market Size was valued at USD  1,43,501.5 million in 2023. The Anthracite industry is projected to grow from USD  1,47,901.5 million in 2024 to USD  1,65,644.8 million by 2032, exhibiting a compound annual growth rate (CAGR) of 2.10% during the forecast period (2024 - 2032).  Market Drivers Growing Energy Demand:  The increasing global energy demand, particularly in emerging economies, is a significant driver of the  Anthracite market. Anthracite's high energy density and low sulfur content make it a preferred fuel for power g...

  Market Highlights Anthracite is a low volatile and high fixed carbon, which used in various industrial application such as fuel, steel making, sinter plants, indurating furnaces, furnace Anthracite replacement, and others. The main application of anthracite is as fuel, in steel industries, energy & power. Anthracite is the high-level ranking coal because it is rigid, carbon concentrated, has less moisture content, and burns efficiently than other coals. Due to its excess carbon storage and low volatiles, anthracite is more reactive and efficient with respect to energy released than the lower–ranked coals and consequently has a lower environmental impact due to the lower greenhouse gas emissions. Urbanization of the emerging economies is resulting in the largest migration of people in human history. The infrastructure required to support the resulting rapid growth is creating unprecedented demand for steel and the anthracite coal needed to produce it. Combined with declining c...