The global calcium carbide market is expected to grow at a CAGR of about 4.60% in the forecast period of 2025-2034.
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.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
- Asia-Pacific
- Latin America
- Middle East and Africa
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
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Calcium Carbide Market Analysis
6 North America Calcium Carbide Market Analysis
7 Europe Calcium Carbide Market Analysis
8 Asia-Pacific Calcium Carbide Market Analysis
9 Latin America Calcium Carbide Market Analysis
10 Middle East and Africa Calcium Carbide Market Analysis
11 Market Dynamics
13 Trade Data Analysis (HS Code: 28491)
14 Price Analysis
15 Competitive Landscape
Companies Mentioned
The key companies featured in this Calcium Carbide market report include:- Carbide Industries LLC
- Denka Company Limited
- AlzChem Group AG
- Inner Mongolia Baiyanhu Chemical Co.,Ltd.
- MCB Industries Sdn. Bhd.