Product Code: ETC038180 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Coal Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 9.61% in 2025, the market peaks at 11.69% in 2027, and settles at 9.52% by 2029.
Saudi Arabia is the largest producer and exporter of oil in the world. However, due to growing electricity demand, it has started exploring other energy sources including coal. Saudi Arabia has taken up several projects such as building new power plants that will use imported coal as a fuel source for producing clean energy. The coal market in Saudi Arabia is expected to grow at a CAGR of 4.1% during 2025-2031 driven by increasing demand from domestic industry and services sectors, government initiatives towards diversifying its energy mix and rising investments in renewable sources of energy.
Growing Electricity Demand with rapid population growth coupled with economic development, electricity consumption in Saudi Arabia is expected to increase significantly over the coming years leading to an increased demand for coal. The government of Saudi Arabia has outlined plans on diversifying its energy mix which includes utilising thermal fuels like coal which can help reduce crude oil usage and provide a reliable supply of electricity across the country. Increasing investments into renewable projects are encouraging private entities looking to develop solar and wind power generation projects which could lead to further expansion in future.
Environmental Regulations ?? Coal burning leads to high emissions like carbon dioxide (CO2), sulfur dioxide (SO2) etc., leading countries across the globe imposing environmental regulations on their industries while optimising their resources responsibly due large scale pollution caused by them . This could potentially hamper the growth prospects of this market going forward if stringent measures are adopted by governments worldwide against utilizing thermal fuels like coal.
The Covid-19 pandemic had a major impact on global economy thereby affecting every aspect related thereto including commodities markets where prices dropped drastically owing mainly reduced industrial activity across many countries worldwide . Similarly ,the demand for steam/thermal grade coals saw significant decline due largely disruption caused by lockdowns imposed globally resulting lesser production output from these affected regions negatively impacting overall mining & transport activities associated with it thus hindering growth prospects for this industry over short term period under.
The key players operating in the Saudi Arabia coal market include, Ma`aden, Saudi Arabia Mining Company (Ma??aden), Al Rajhi Group, King Abdullah Economic City (KAEC), and ACWA Power International.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Coal Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Coal Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Coal Market - Industry Life Cycle |
3.4 Saudi Arabia Coal Market - Porter's Five Forces |
3.5 Saudi Arabia Coal Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Coal Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Saudi Arabia Coal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Coal Market Trends |
6 Saudi Arabia Coal Market, By Types |
6.1 Saudi Arabia Coal Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Coal Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Coal Market Revenues & Volume, By Bituminous Coal, 2021-2031F |
6.1.4 Saudi Arabia Coal Market Revenues & Volume, By Sub-Bituminous Coal, 2021-2031F |
6.1.5 Saudi Arabia Coal Market Revenues & Volume, By Anthracite, 2021-2031F |
6.1.6 Saudi Arabia Coal Market Revenues & Volume, By Lignite, 2021-2031F |
6.2 Saudi Arabia Coal Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Coal Market Revenues & Volume, By Electricity, 2021-2031F |
6.2.3 Saudi Arabia Coal Market Revenues & Volume, By Steel, 2021-2031F |
6.2.4 Saudi Arabia Coal Market Revenues & Volume, By Cement, 2021-2031F |
6.2.5 Saudi Arabia Coal Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Coal Market Import-Export Trade Statistics |
7.1 Saudi Arabia Coal Market Export to Major Countries |
7.2 Saudi Arabia Coal Market Imports from Major Countries |
8 Saudi Arabia Coal Market Key Performance Indicators |
9 Saudi Arabia Coal Market - Opportunity Assessment |
9.1 Saudi Arabia Coal Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Coal Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Saudi Arabia Coal Market - Competitive Landscape |
10.1 Saudi Arabia Coal Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Coal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |