February 2007

Trends and Resources

HP Impact: HPImpact: Coal-based product demand in US forecast to skyrocket

The overall US market for coal-based products has grown from almost $3.4 billion in 2003 to an approximately $5.9 billion in 2006. By 2011, the US market is expected to reach nearly $12 billion—a..

Weirauch, Wendy, Hydrocarbon Processing Staff

The overall US market for coal-based products has grown from almost $3.4 billion in 2003 to an approximately $5.9 billion in 2006. By 2011, the US market is expected to reach nearly $12 billion—a 15.1%/yr growth rate. So says a new outlook by BCC Research (www.bccresearch.com). In 2006, the sales of coal gasification/liquefaction products account for 33.7% of the total sales for coal-based products. Coal carbonization products account for 54.9% and coal combustion products make up the remaining 11.4%. Coal carbonization products will have the highest growth rate, averaging a 20%/yr increase through 2011. Coal combustion products will have the smallest growth rate of 3.3%/yr. Coal ca

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