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The global calcium carbide market was worth USD 14.79 billion in 2022 and is expected to reach USD 22.75 billion by 2030, expanding from USD 15.58 billion in 2023 at a CAGR of 5.9%.
Several sectors can benefit greatly from the prospects provided by the expanding global calcium carbide market. Market growth is being fueled by global trends such as increasing urbanization, industrialisation, and infrastructure investment. The construction sector is a major consumer of calcium carbide because of its widespread application in welding and cutting. The manufacturing sector's need for acetylene-based chemicals, such as those used in PVC manufacture, also contributes to the market's expansion. However, environmental constraints and safety issues related to working with calcium carbide are obstacles to market growth. Market trends include the development of new calcium carbide production technologies and a growing interest in environmentally friendly substitutes. Particularly in emerging economies, where industrial growth is picking up speed and infrastructural investments are on the rise, business opportunities abound. The global market for acetylene and its derivatives is predicted to grow at a compound annual growth rate (CAGR) of 4.9% over the forecast period, providing a favorable environment for industry participants to capitalize on the rising demand for the product.
Methodology of Use Analysis
The acetylene gas sector of the calcium carbide market is the largest. Acetylene gas is a multipurpose chemical that has several applications in the metalworking, welding, and synthesis sectors. As the source of the high-temperature flame required for oxyacetylene welding and cutting, it is an indispensable tool for working with metal. Acetylene gas is in high demand because of the expanding industrial and building sectors around the world. The extensive use of acetylene gas in manufacturing processes is largely responsible for the segment's dominance and has been a major factor propelling the calcium carbide market as a whole.
Calcium cyanamide, on the other hand, is the market's quickest-growing subset. In agriculture, calcium cyanamide plays a crucial role as a nitrogen fertilizer. It improves crop productivity and yield by killing weeds and controlling pests. Calcium cyanamide's use as a fertilizer is predicted to increase dramatically in response to the world's growing population and the attendant demand for more food production. Sustainable farming methods, which include the application of effective fertilizers to crops, are a major factor in the expansion of this market. Therefore, market players in the calcium carbide business have an exciting new possibility with calcium cyanamide, which is in line with the worldwide emphasis on sustainable food production.
Consumer Behavior Analysis
The steel sector accounts for the majority of the worldwide calcium carbide market. As a desulfurizing agent, calcium carbide is an essential component in the production of steel. Calcite combines with sulfur in the molten iron to generate calcium sulfide, which may be skimmed off as slag. Reduced sulfur concentration improves steel's strength and ductility through this technique. One of the largest end-users of calcium carbide, the steel industry is also a key contributor to the market's expansion. The steel industry is anticipated to maintain its leading position in the calcium carbide market due to rising demand for steel from infrastructure development, construction projects, and manufacturing activities around the world.
The chemicals sector, on the other hand, is the market's quickest-growing subset. The creation of acetylene, which is then utilized in the synthesis of chemicals like vinyl chloride monomer (VCM) and polyvinyl chloride (PVC), depends on calcium carbide as a raw material. Rising populations, higher rates of urbanization, and expanded manufacturing are all contributing to the chemical industry's expansion. The chemicals subsegment of the calcium carbide market has enormous development potential due to the rising demand for acetylene-based compounds in plastics, medicines, and solvents.
Drivers
Increased need for acetylene-based products
One of the main things pushing the calcium carbide market forward is the rising demand for acetylene and its derivatives in sectors like the chemical, plastics, and pharmaceutical industries. Polyvinyl chloride (PVC), a material commonly used in building, automotive, and electrical applications, is produced using acetylene. Demand for calcium carbide, a critical raw material in acetylene manufacturing, is rising as a result of rising building and infrastructure development worldwide.
Restraints
Worries About Risks
There are potential health and safety issues with working with and storing calcium carbide. It should be handled and stored with caution since it can produce extremely combustible acetylene gas when exposed to moisture or water. Market expansion may be stymied by stringent safety standards and the necessity for trained professionals and specialized machinery when working with calcium carbide.
Important Developments in the Market
Improved production methods and fewer negative effects on the environment are just two of the goals of recent technological developments in the calcium carbide industry. Calcium carbide manufacture using sophisticated reactor systems and energy-efficient processes, for instance, can improve market efficiency and longevity.
Report Coverage
Global Calcium Carbide research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Calcium Carbide report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Calcium Carbide competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Calcium Carbide market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Calcium Carbide market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Calcium Carbide market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Carbide Industries LLC (US), Denka Company Limited (Japan), AlzChem AG (Germany), Inner Mongolia Baiyanhu Chemical Co., Ltd. (China), Praxair, Inc. (US), CAC Group (US), Almatis GmbH (Germany), Hongda Chemical Industry Co., Ltd. (China), Xinjiang Zhongtai Chemical Co., Ltd. (China), DCM Shriram Ltd. (India), Electrometallurgical Plant (Russia), Shandong Huaxin Chemical Co., Ltd. (China), Jining Alkali Chemical Co., Ltd. (China), Eti Bakır A.Ş. (Turkey), Shandong Haihua Group Co., Ltd. (China), Linzhou Fengbao Carbide Co., Ltd. (China), Jiangxi Chenyuan New Materials Co., Ltd. (China), Carburo del Cinca SA (Spain), Carbide Industries (UK) Ltd. (UK), Southern Ionics Minerals, LLC (US)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Calcium Carbide market based on the below-mentioned segments:
Global Calcium Carbide market, By Application
Acetylene gas
calcium cyanamide
reducing and dehydrating agents
others
Global Calcium Carbide Market, By End User
Chemicals
steel
mining
others
Global Calcium Carbide market, Regional Analysis
Several sectors can benefit greatly from the prospects provided by the expanding global calcium carbide market. Market growth is being fueled by global trends such as increasing urbanization, industrialisation, and infrastructure investment. The construction sector is a major consumer of calcium carbide because of its widespread application in welding and cutting. The manufacturing sector's need for acetylene-based chemicals, such as those used in PVC manufacture, also contributes to the market's expansion. However, environmental constraints and safety issues related to working with calcium carbide are obstacles to market growth. Market trends include the development of new calcium carbide production technologies and a growing interest in environmentally friendly substitutes. Particularly in emerging economies, where industrial growth is picking up speed and infrastructural investments are on the rise, business opportunities abound. The global market for acetylene and its derivatives is predicted to grow at a compound annual growth rate (CAGR) of 4.9% over the forecast period, providing a favorable environment for industry participants to capitalize on the rising demand for the product.
Methodology of Use Analysis
The acetylene gas sector of the calcium carbide market is the largest. Acetylene gas is a multipurpose chemical that has several applications in the metalworking, welding, and synthesis sectors. As the source of the high-temperature flame required for oxyacetylene welding and cutting, it is an indispensable tool for working with metal. Acetylene gas is in high demand because of the expanding industrial and building sectors around the world. The extensive use of acetylene gas in manufacturing processes is largely responsible for the segment's dominance and has been a major factor propelling the calcium carbide market as a whole.
Calcium cyanamide, on the other hand, is the market's quickest-growing subset. In agriculture, calcium cyanamide plays a crucial role as a nitrogen fertilizer. It improves crop productivity and yield by killing weeds and controlling pests. Calcium cyanamide's use as a fertilizer is predicted to increase dramatically in response to the world's growing population and the attendant demand for more food production. Sustainable farming methods, which include the application of effective fertilizers to crops, are a major factor in the expansion of this market. Therefore, market players in the calcium carbide business have an exciting new possibility with calcium cyanamide, which is in line with the worldwide emphasis on sustainable food production.
Consumer Behavior Analysis
The steel sector accounts for the majority of the worldwide calcium carbide market. As a desulfurizing agent, calcium carbide is an essential component in the production of steel. Calcite combines with sulfur in the molten iron to generate calcium sulfide, which may be skimmed off as slag. Reduced sulfur concentration improves steel's strength and ductility through this technique. One of the largest end-users of calcium carbide, the steel industry is also a key contributor to the market's expansion. The steel industry is anticipated to maintain its leading position in the calcium carbide market due to rising demand for steel from infrastructure development, construction projects, and manufacturing activities around the world.
The chemicals sector, on the other hand, is the market's quickest-growing subset. The creation of acetylene, which is then utilized in the synthesis of chemicals like vinyl chloride monomer (VCM) and polyvinyl chloride (PVC), depends on calcium carbide as a raw material. Rising populations, higher rates of urbanization, and expanded manufacturing are all contributing to the chemical industry's expansion. The chemicals subsegment of the calcium carbide market has enormous development potential due to the rising demand for acetylene-based compounds in plastics, medicines, and solvents.
Drivers
Increased need for acetylene-based products
One of the main things pushing the calcium carbide market forward is the rising demand for acetylene and its derivatives in sectors like the chemical, plastics, and pharmaceutical industries. Polyvinyl chloride (PVC), a material commonly used in building, automotive, and electrical applications, is produced using acetylene. Demand for calcium carbide, a critical raw material in acetylene manufacturing, is rising as a result of rising building and infrastructure development worldwide.
Restraints
Worries About Risks
There are potential health and safety issues with working with and storing calcium carbide. It should be handled and stored with caution since it can produce extremely combustible acetylene gas when exposed to moisture or water. Market expansion may be stymied by stringent safety standards and the necessity for trained professionals and specialized machinery when working with calcium carbide.
Important Developments in the Market
Improved production methods and fewer negative effects on the environment are just two of the goals of recent technological developments in the calcium carbide industry. Calcium carbide manufacture using sophisticated reactor systems and energy-efficient processes, for instance, can improve market efficiency and longevity.
Report Coverage
Global Calcium Carbide research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Calcium Carbide report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Calcium Carbide competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Calcium Carbide market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Carbide Industries LLC (US), Denka Company Limited (Japan), AlzChem AG (Germany), Inner Mongolia Baiyanhu Chemical Co., Ltd. (China), Praxair, Inc. (US), CAC Group (US), Almatis GmbH (Germany), Hongda Chemical Industry Co., Ltd. (China), Xinjiang Zhongtai Chemical Co., Ltd. (China), DCM Shriram Ltd. (India), Electrometallurgical Plant (Russia), Shandong Huaxin Chemical Co., Ltd. (China), Jining Alkali Chemical Co., Ltd. (China), Eti Bakır A.Ş. (Turkey), Shandong Haihua Group Co., Ltd. (China), Linzhou Fengbao Carbide Co., Ltd. (China), Jiangxi Chenyuan New Materials Co., Ltd. (China), Carburo del Cinca SA (Spain), Carbide Industries (UK) Ltd. (UK), Southern Ionics Minerals, LLC (US) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Calcium Carbide Market from 2021 to 2030.
- Market Forecast for Calcium Carbide Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Calcium Carbide competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Calcium Carbide
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Calcium Carbide market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Calcium Carbide market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Carbide Industries LLC (US), Denka Company Limited (Japan), AlzChem AG (Germany), Inner Mongolia Baiyanhu Chemical Co., Ltd. (China), Praxair, Inc. (US), CAC Group (US), Almatis GmbH (Germany), Hongda Chemical Industry Co., Ltd. (China), Xinjiang Zhongtai Chemical Co., Ltd. (China), DCM Shriram Ltd. (India), Electrometallurgical Plant (Russia), Shandong Huaxin Chemical Co., Ltd. (China), Jining Alkali Chemical Co., Ltd. (China), Eti Bakır A.Ş. (Turkey), Shandong Haihua Group Co., Ltd. (China), Linzhou Fengbao Carbide Co., Ltd. (China), Jiangxi Chenyuan New Materials Co., Ltd. (China), Carburo del Cinca SA (Spain), Carbide Industries (UK) Ltd. (UK), Southern Ionics Minerals, LLC (US)
Primary Target Market
- Market Players of Calcium Carbide
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Calcium Carbide market based on the below-mentioned segments:
Global Calcium Carbide market, By Application
Acetylene gas
calcium cyanamide
reducing and dehydrating agents
others
Global Calcium Carbide Market, By End User
Chemicals
steel
mining
others
Global Calcium Carbide market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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