Calcium Carbide - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Calcium Carbide Market is accounted for $14.66 billion in 2020 and is expected to reach $23.90 billion by 2028 growing at a CAGR of 6.3% during the forecast period. Growing demand for calcium carbide across various end-use sectors and growing demand for PVC are driving the market growth. However, the availability of alternatives to calcium carbide may hamper the market growth.
Calcium carbide also referred to as calcium acetylide, is a chemical compound generally used for the manufacture of chemical compounds like acetylene, calcium hydroxide, and calcium cyanamide.
Based on the manufacturing process, the electric arc furnace segment is going to have lucrative growth during the forecast period due to its high functionality and large processing capacity along. An electric arc furnace helps to reduce the production cost as compared to the other processes.
By geography, Asia Pacific is going to have high growth during the forecast period due to the increasing steel production and the rise of the food and beverage industry, and a growing number of agricultural sustainability projects throughout the region.
Some of the key players profiled in the Calcium Carbide include AlzChem Group AG, American Elements, Carbide Industries LLC, DCM Shriram, Denka Company Limited, Inner Mongolia Baiyanhu Chemical Co., Ltd, MCB INDUSTRIES SDN. BHD, Merck KGaA, Mil-Spec Industries Corporation, Ningxia Jinhaoyuan Chemical Group Co. Ltd, Ningxia Yinglite Chemical Co., Ltd., Xiahuayuan Xuguang Chemical Co., Ltd, Xinjiang Tianye (Group) Co., Ltd, and Xinjiang Zhongtai Chemical Co., Ltd.
Estimated Market Size in 2020:
USD 14.66 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 23.90 billion
Tables, Graphs & Figures
Manufacturing Process, Type, Application, End User, Distribution Channel and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Manufacturing processes Covered:
• Standard Process
• Electric Arc Furnace
• Using Water
• Standard Process
• Open Furnace
• Metallurgical Applications
• Chemical Applications
• Reducing & Dehydrating Agents
• Fuel Gas
• Desulfurizing Agent
• Chemical Intermediate
• Calcium Cyanamide
• Acetylene Manufacturing
• Acetylene Gas
• Other Applications
End Users Covered:
• Maritime Safety
• Food & Beverages
• Energy and Power
Distribution Channels Covered:
• Online Channel
• Offline Channel
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Calcium Carbide Market is majorly driven by increasing steel production, increasing demand from chemical industry, and growing demand for PVC across various end use industries.
The agriculture segment is growing at a highest CAGR due to the growing population along with food demand and growing use of calcium cyanamide as a fertilizer in the agriculture industry.
Asia Pacific dominated with a significant market share owing to the presence of large Chinese coal reserves and the rapid development of the production of VCM and BDO from acetylene.
Europe market is growing at a highest CAGR due to the increasing demand for calcium cyanamide from agriculture industry and growing steel industry.
Key players in Calcium Carbide Market include AlzChem Group AG, American Elements, Carbide Industries LLC, DCM Shriram, Denka Company Limited, Inner Mongolia Baiyanhu Chemical Co., Ltd, MCB INDUSTRIES SDN. BHD, Merck KGaA, Mil-Spec Industries Corporation, Ningxia Jinhaoyuan Chemical Group Co. Ltd, Ningxia Yinglite Chemical Co., Ltd., Xiahuayuan Xuguang Chemical Co., Ltd, Xinjiang Tianye (Group) Co., Ltd, and Xinjiang Zhongtai Chemical Co., Ltd.
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