Calcium Carbide Market Report 2026

The calcium carbide market size has grown strongly in recent years. It will grow from $18.45 billion in 2025 to $20.02 billion in 2026 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to growth of welding and cutting operations, expansion of steel and metal manufacturing, rising demand for acetylene-based chemicals, availability of coke and lime resources, growth of industrial gas consumption.

The calcium carbide market size is expected to see strong growth in the next few years. It will grow to $27.1 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing demand for chemical intermediates, rising adoption in specialty chemical manufacturing, expansion of infrastructure development activities, growing focus on domestic chemical production, increasing investment in industrial raw materials. Major trends in the forecast period include increasing demand for acetylene gas production, rising use in metallurgical processing, growing application in chemical synthesis, expansion of fertilizer intermediate production, enhanced focus on industrial-grade calcium carbide.

The rise in plastic demand is expected to drive the growth of the calcium carbide market. Plastic demand, influenced by industries such as packaging, automotive, and construction, is fueled by innovations in plastic applications and consumer preference for convenience and durability. Calcium carbide plays a key role in plastic production as it is used to generate acetylene, a precursor for manufacturing plastics like polyvinyl chloride (PVC) and other polymers. For instance, in May 2024, according to IBISWorld, a US-based research company, employment in the plastic products industry reached 394,112 in 2023, with production projected to reach 20 million metric tons by 2040. Therefore, rising plastic demand is driving the calcium carbide market.

The growth in infrastructural development is also expected to propel the calcium carbide market. Infrastructure development, including roads, bridges, and industrial facilities, supports economic expansion and improves quality of life. Governments worldwide are increasing investments in infrastructure, which raises demand for calcium carbide used in construction applications. For instance, in July 2024, according to the Office for National Statistics, a UK-based government agency, total market-sector investment in infrastructure increased to $17.2 billion (£13.8 billion) in 2023, up from $16.7 billion (£13.3 billion) in 2022. Hence, growing infrastructure development is supporting the calcium carbide market.

In May 2023, Xinjiang Tianye Co., Ltd., a chemical manufacturing company based in China, acquired Tianchen Chemical Co., Ltd. for an undisclosed amount. This acquisition is intended to help Xinjiang Tianye Co., Ltd. expand its market presence, improve its production capabilities, and diversify its product range. Tianchen Chemical Co., Ltd. is also a China-based manufacturer that produces various chemical materials, including fertilizers and plastics.

Major companies operating in the calcium carbide market are AlzChem AG, Denka Company Limited, DCM Shriram Ltd., Carbide Industries LLC, SA Calcium Carbide, Iran Carbide Co., PT Emdeki Utama Tbk, Xinjiang Zhongtai Chemical Co. Ltd., Xinjiang Tianye Co. Ltd., Ningxia Jinhaoyuan Chemical Group Co. Ltd., Inner Mongolia Biayanhu Chemical Co. Ltd., Erdos Xinhua Silicon Metal Industries Co. Ltd., KC Group Ltd., MCB Industries Sdn. Bhd., Ningxia Baofeng Energy Group Co. Ltd., Shanxi Fenxi Mining Group Co. Ltd., Shanxi Sanwei Group Co. Ltd., Sichuan Jinlu Group Co. Ltd., Qinghai Yutian Chemical Co. Ltd., Henan Shenma Group Co. Ltd.

North America will be the largest region in the calcium carbide market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the calcium carbide market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the calcium carbide market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The calcium carbide market consists of sales of calcium carbide that is used in steel manufacturing and as a reducing agent in various chemical processes. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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