Global Calcium Carbide Market is valued at approximately USD 15.46 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2023-2030. Calcium carbide is a chemical compound with the formula CaC2. It is a grayish-white crystalline solid that has a wide range of industrial applications. Calcium carbide is primarily produced through a chemical reaction between quicklime (calcium oxide) and carbon in an electric arc furnace. The reaction takes place at high temperatures, resulting in the formation of calcium carbide and carbon monoxide gas. The key factors such as growing steel production and rising demand for chemical products that are anticipated to support the market growth during the forecast period.
Moreover, the rising steel production is anticipated to support the growth of the Calcium Carbide market. Calcium Carbide is a chemical compound that is primarily used in the production of acetylene gas, which is an important raw material for various industries. Steel production is one of the key industries that heavily relies on Calcium Carbide. Thus, the rising steel production is anticipated to create a lucrative demand for the market during the forecast period. According to Statista, in 2020, the crude steel production worldwide was 1799 million metric tons and the number increased significantly and reached 1988 million metric tons in 2022. Additionally, rising demand for acetylene and its derivatives is anticipated to create lucrative opportunities for the market during forecast period. However, the harmful effects of calcium carbide on health may stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Calcium Carbide Market study include: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022. The demand for calcium cyanamide from the agricultural sector is increasing, which will help the market expand in the region. Additional major factors influencing the calcium carbide market expansion in Europe include the usage of CaC2 for the desulfurization of iron and as a fuel in the steel industry. Asia Pacific is expected to grow significantly during the forecast period. One of the main factors driving the industry is the region's growing chemical and steel manufacturing sectors, increasing PVC manufacturing, and growing steel industry are significant market growth contributors in the region.
Major market players included in this report are:
- Carbide Industries LLC (U.S.)
- APH - Regency Power Group (India)
- MCB Industries Sdn. Bhd. (Malaysia)
- KC Group (India)
- DCM Shriram Ltd. (India)
- AlzChem (Germany)
- Denka Company Limited (Japan)
- American Elements (U.S.)
- Inner Mongolia Baiyanhu Chemical Co., Ltd. China)
- Lonza (Switzerland)
Recent Developments in the Market:
- In May 2022, the capacity of the polyvinyl chloride (PVC) resins production plant at the DCM Shriram Complex in Kota, Rajasthan, India, was going to significantly grow, according to Shriram Vinyl and Chemical Industries, a division of DCM Shriram. The project also involves expanding the production facilities' capacity for products like calcium carbide.
Global Calcium Carbide Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Application, End-user, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
- Acetylene Gas
- Calcium Cyanamide
- Reducing & Dehydrating Agents
- Steel Making
- Others
By End-user
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Calcium Carbide Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Calcium Carbide Market, by Application, 2020-2030 (USD Billion)
- 1.2.3. Calcium Carbide Market, by End-user, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Calcium Carbide Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Calcium Carbide Market Dynamics
- 3.1. Calcium Carbide Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing steel production
- 3.1.1.2. Rising demand for chemical production
- 3.1.2. Market Challenges
- 3.1.2.1. Harmful effects of calcium carbide on health
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising demand for acetylene and its derivatives
Chapter 4. Global Calcium Carbide Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Calcium Carbide Market, by Application
- 5.1. Market Snapshot
- 5.2. Global Calcium Carbide Market by Application, Performance - Potential Analysis
- 5.3. Global Calcium Carbide Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 5.4. Calcium Carbide Market, Sub Segment Analysis
- 5.4.1. Acetylene Gas
- 5.4.2. Calcium Cyanamide
- 5.4.3. Reducing & Dehydrating Agents
- 5.4.4. Steel Making
- 5.4.5. Others
Chapter 6. Global Calcium Carbide Market, by End-user
- 6.1. Market Snapshot
- 6.2. Global Calcium Carbide Market by End-user, Performance - Potential Analysis
- 6.3. Global Calcium Carbide Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
- 6.4. Calcium Carbide Market, Sub Segment Analysis
- 6.4.1. Chemicals
- 6.4.2. Steel
- 6.4.3. Others
Chapter 7. Global Calcium Carbide Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Calcium Carbide Market, Regional Market Snapshot
- 7.4. North America Calcium Carbide Market
- 7.4.1. U.S. Calcium Carbide Market
- 7.4.1.1. Application breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. End-user breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Calcium Carbide Market
- 7.5. Europe Calcium Carbide Market Snapshot
- 7.5.1. U.K. Calcium Carbide Market
- 7.5.2. Germany Calcium Carbide Market
- 7.5.3. France Calcium Carbide Market
- 7.5.4. Spain Calcium Carbide Market
- 7.5.5. Italy Calcium Carbide Market
- 7.5.6. Rest of Europe Calcium Carbide Market
- 7.6. Asia-Pacific Calcium Carbide Market Snapshot
- 7.6.1. China Calcium Carbide Market
- 7.6.2. India Calcium Carbide Market
- 7.6.3. Japan Calcium Carbide Market
- 7.6.4. Australia Calcium Carbide Market
- 7.6.5. South Korea Calcium Carbide Market
- 7.6.6. Rest of Asia Pacific Calcium Carbide Market
- 7.7. Latin America Calcium Carbide Market Snapshot
- 7.7.1. Brazil Calcium Carbide Market
- 7.7.2. Mexico Calcium Carbide Market
- 7.8. Middle East & Africa Calcium Carbide Market
- 7.8.1. Saudi Arabia Calcium Carbide Market
- 7.8.2. South Africa Calcium Carbide Market
- 7.8.3. Rest of Middle East & Africa Calcium Carbide Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Carbide Industries LLC (U.S.)
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. APH - Regency Power Group (India)
- 8.3.3. MCB Industries Sdn. Bhd. (Malaysia)
- 8.3.4. KC Group (India)
- 8.3.5. DCM Shriram Ltd. (India)
- 8.3.6. AlzChem (Germany)
- 8.3.7. Denka Company Limited (Japan)
- 8.3.8. American Elements (U.S.)
- 8.3.9. Inner Mongolia Baiyanhu Chemical Co., Ltd. China)
- 8.3.10. Lonza (Switzerland)
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption