Published by Coherent Market Insights
Posted on September 27, 2021
3 min readLast updated: February 2, 2026
The coal-fired power generation market is growing due to Asia Pacific's raw material availability and rising electricity demand, with new plants planned globally.
Coal-fired power generation is a thermal power station plant that burns coal to generate electricity. Gasification, pulverized coal firing, coal cyclone furnace, and fluidized bed combustion are some of the technologies used in the generation of power. Coal is a a major source of power generation plants.
Easy availability of raw materials across the Asia Pacific region is primarily fueling the market growth of the coal-fired power generation. Coal is a major source of power generation and Coal-fired power generation. China, India, Indonesia, and Australia are the major producers of coal. Thus, the ready availability of the coal in Asia Pacific region is fueling the market growth of the coal fired power generation.
The global coal fired generation market was estimated to account for 2,057.6 Giga Watts in terms of volume by the end of 2019.
Top Key Players in Coal Fired Power Generation market: American Electric Power Company, Inc., China Datang Corporation, China Huaneng Group, Dominion Energy Solutions, Duke Energy Corporation, E.ON SE, Eskom Holdings, SOC Ltd., Georgia Power Company, Jindal India Thermal Power Limited, Korea Electric Power Corporation, and National Thermal Power Corporation Limited
Regional Analysis:
The market research report on the global Coal Fired Power Generation market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered:
Rising demand for electricity is predicted to reinforce the market growth of coal-fired power generation. this is often attributed to the increasing population which is creating demand for the residential sector. Rapid industrialization and urbanization along side the necessity for the energy in heavy industries is again expected to propel the market growth of the coal fire power generation. Thus, the growing demand for electricity is projected to propel the market growth.
Advancement in combustion technologies is expected to provide potential opportunities over the forecast period. This is attributed to growing awareness regarding greenhouse emissions. Moreover, the growth in the residential sector coupled with the increasing R &D to enhance the efficiency and lower operating costs is again expected to augment the market growth of the coal-fired power generation over the forecast period.
An increase in the number of coal-fired power generation plants around the globe is expected to offer profitable market opportunities over the forecast period. For instance, in February 2020, Japan announced that it is planning to build up to 22 new coal power plants at 17 different sites in the next five years. Thus, an increasing number of coal-fired power generation plants is expected to bolster the market growth of the coal-fired power.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Coal Fired Power Generation market Latest Trend, Growth, Size, Application & Forecast 2027 appeared first on Gatorledger.
The article discusses the trends and growth of the coal-fired power generation market, focusing on Asia Pacific's influence.
Asia Pacific is crucial due to its abundant coal resources, driving the growth of coal-fired power generation.
Advancements in combustion technologies and new coal power plants offer future market opportunities.
Explore more articles in the Research Reports category
