The global coal logistics market is expected to post a compounded annual growth rate (CAGR) of close to 4% during the period 2018-2022, according to the latest market research report by Technavio.
A key factor driving the growth of the market is the extensive use of coal as an energy source. Coal is the cheapest source of energy for many industries. In 2017, coal was a source of fuel for 37% of the global electricity production. This is much higher than other sources such as natural gas and renewables.
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