The Global Calcium Carbide Market is expected to grow steadily, delivering a CAGR of 3.7% in the forecast duration. This report conducts a thorough examination of the available data to predict the prospective market growth in the forecast period. The study examines historical data collected from the years 2016 and 2017 and considers 2018 as the base year to project the growth of the industry until the year 2026. It performs a detailed evaluation of the market size, share, demand, trends, revenue, and sales to track the development of the industry through the years.
Calcium carbide also referred to as calcium acetylide, is a chemical compound typically used for the manufacture of chemical compounds like acetylene, calcium hydroxide, and calcium cyanamide. Acetylene is a colorless chemical compound in a gaseous state and is used as a fuel as well as a building block in several chemical processes. Calcium cyanamide, commercially named nitrolime, is widely used as a fertilizer. The calcium carbide industry will grow substantially in the future with the growing applications of the compound, especially its increasing necessity in several chemical processes.
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Top Players in the Global Calcium Carbide Market:
- Merck KGaA
- Praxair technology
- Denka Company Limited
- Iran Carbide
- SA Calcium Carbide
- MCB Industries Sdn. Bhd.
- AlzChem Group AG
- Carbide Industries LLC
- SA Calcium Carbide
- APH Regency Power Group
The calcium carbide market will be driven by the increased adoption of acetylene gas in versatile applications. The proliferation of the steel industry will increase the demand for the compound for the steelmaking process, pushing the market forward. However, it is a toxic, and highly dangerous as well as corrosive chemical and exposure to the compound can cause some harm to health. Use of Calcium carbide for artificial ripening of the fruit has raised concerns as eating these fruits can damage the health of a person. It has carcinogenic properties and contains hints of phosphorus hydride and arsenic. Ingestion of arsenic or phosphorus hydride can cause symptoms like diarrhea, sore throat, nausea, fatigue, thirst, burning sensation in the chest and abdomen, and ulcers on the skin, among others. These harmful effects of the compound are expected to hinder the growth of the calcium carbide market in the food & beverages segment.
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Market segmentation based on Application Outlook:
- Calcium Cyanamide
- Reducing & Dehydrating Agent
- Steel Making
- Acetylene
- Others
End-User Outlook:
- Chemicals
- Cosmetics
- Food & Beverages
- Plastics
- Steel
- Others
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Frequently Asked Questions Answered in the Report:
· What is the estimated revenue growth rate of the global Calcium Carbide market over the forecast period?
· What are the major factors driving the global market revenue growth?
· Which are the leading manufacturers and suppliers in the global Calcium Carbide market?
· Which regional market is expected to lead in terms of revenue share in the global Calcium Carbide market over the forecast years?
· What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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