Global Calcium Carbide Market Report and Forecast 2024-2032

Global Calcium Carbide Market Outlook

The global calcium carbide market is expected to grow at a CAGR of about 4.6% in the forecast period of 2024-2032.

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Asia Pacific to be Among the Fastest Growing Regions for the Calcium Carbide Market

Asia Pacific is among the fastest growing regions for calcium carbide and the region will continue to offer growth opportunities to the key players during the forecast period. Factors including the rising steel production and the rise of the food and beverage industry in China and a growing number of agricultural sustainability projects throughout the region, especially India, are boosting the growth of the calcium carbide market in Asia Pacific. More than 90% of the demand growth will come from Asia Pacific region during the forecast period. China and Japan are the among the leading regions in the Asia Pacific region. China is major consumer region which holds more than 80% of the market demand. The region is likely to witness higher growth in the coming years as compared to the other regions.

Calcium Carbide: Market Segmentation

Calcium carbide refers to a chemical compound with the CaC2 chemical formula. Its main industrial use is in the manufacture of acetylene and calcium cyanamide. The pure content is colourless, but the parts of technical grade calcium carbide are grey or brown and consist of approximately 80–85 percent of CaC2.  In the presence of trace moisture, the technical grade of calcium carbide emits an unpleasant smell reminiscent of garlic.

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Based on applications, the market can be segmented into the following:

• Acetylene Gas
• Calcium Cyanamide
• Reducing and Dehydrating Agent
• Desulfurizing and Deoxidizing Agent
• Others

The end-uses for the product can be divided as follows:

• Chemicals
• Metallurgy
• Pharmaceutical
• Food
• Others

The regional markets for calcium carbide can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Increased Application Adding to the Market Growth

The demand for calcium carbide will be propelled by the increased use of acetylene gas in versatile applications. The proliferation of the steel industry will boost the demand for a compound for the steel production process and will drive the market forward. Calcium carbide is the primary source of acetylene, and acetylene is mainly used in the manufacture of a range of resins, organic chemicals, and plastics, and in metal cutting and welding of oxyacetylene. Calcium carbide is often used as a dehydrating agent and as a reducing and desulfurizing agent in metallurgical processes. Demand for calcium carbide from industries like PVC and metallurgy is also driving the market growth forward.

Key Industry Players in the Global Calcium Carbide Market

The report gives a detailed analysis of the following key players in the global calcium carbide market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Carbide Industries LLC
• Denka Company Limited
• AlzChem Group AG
• Inner Mongolia Baiyanhu Chemical Co.,Ltd.
• MCB Industries Sdn. Bhd.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report