UAE Anthracite Market Outlook (2018 to 2032)

Year Value
2018 248.08
2019 260.15
2020 272.81
2021 286.08
2022 300.0
2023 313.62
2024 327.86
2025 342.74
2026 358.3
2027 374.57
2028 391.58
2029 409.35
2030 427.94
2031 447.37
2032 467.68
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UAE Anthracite Market Outlook (2018 to 2032)

Synopsis
The above chart is UAE Anthracite Market Outlook (2018 to 2032)

Market Dynamics

uae anthracite market is expected to witness a moderate growth during 2018-2032. an increasing demand for energy initiatives from the nation and implementation of new emission standards to control air pollution are some of the major factors driving the growth of the market. anthracite is a clean burning coal with low-sulfur content which makes it suitable for various environmental standards. it is generally coal that has been formed from organic material and is characterized by high carbon content and low volatile matter, giving it greater burning efficiency than other coals. as per an april 2015 report, uae is one of the nations that largely depend on anthracite for energy production. this nation has been working towards an efficient and sustainable energy mix through renewable sources and advanced technology to reduce reliance on foreign energy sources. the government of uae is taking initiatives that can enhance economic and social development of the country. the strategies of uae government are focused on green economy, energy conservation, and strategies to reduce the nation’s dependency on external energy sources. these strategies have led to an increased demand for anthracite coal in the country. further, as per the nation’s energy policies, advancement in technologies such as waste-to-energy solutions and solar energy are being encouraged. natural gas is planned for the highest capacity addition in the energy mix of the nation with 88.00%. however, the contribution share of coal is expected to remain low, in the energy basket of uae. this is due to the slow demand for anthracite in the region and its health implications. in conclusion, the market growth of uae anthracite market is anticipated to be moderate over the forecast period. it is expected that the market will benefit from various environmental initiatives taken by the country, coupled with the advent of new technologies in the energy sector. however, the health implications linked with anthracite coal may limit the market growth.

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