Email
Print
Calcium Carbide Market Overview:
Calcium Carbide Market size is forecast to reach around $18 billion by 2030, after growing at a CAGR of 5.1% during 2024-2030. The demand for Calcium Carbide is growing due to its superior mechanical properties that meet today’s most demanding thermal, mechanical, and electrical performance requirements across various applications. Additionally, the use of calcium carbide not only simplifies and diminishes the cost of synthesis but also avoids the problems associated with transportation and sorting making it a useful product across pharmaceuticals, cosmetics, plastics and steel industries.
Market Trends:
Growing Demand in Steel Industry
A significant trend shaping the calcium carbide market is the growing demand within the steel industry. Calcium carbide plays a crucial role in the steelmaking process as a desulfurizing agent. In the presence of sulfur impurities in molten steel, calcium carbide undergoes a reaction, forming calcium sulfide, which can be easily removed. This desulfurization process is vital for enhancing the quality and mechanical properties of steel. With the increasing global demand for high-quality steel in the construction, infrastructure, and manufacturing sectors, the demand for calcium carbide as a desulfurizing agent is on the rise. The steel industry's continuous expansion and modernization efforts contribute significantly to the growth of the calcium carbide market.
Exploration of Sustainable Production Methods
A notable trend in the calcium carbide market involves the exploration of sustainable production methods. As industries increasingly prioritize environmental sustainability, there is a growing emphasis on developing cleaner and more energy-efficient processes for calcium carbide production. Traditional methods involve the reaction of lime and coke in an electric arc furnace, which consumes significant energy. Efforts are underway to explore alternative methods, such as eco-friendly technologies and renewable energy sources, to reduce the carbon footprint associated with calcium carbide production. Research and development initiatives are focused on optimizing existing processes and discovering novel pathways that align with global sustainability goals. This trend reflects the industry's commitment to meeting the rising demand for calcium carbide while concurrently addressing environmental concerns and contributing to a more sustainable future.
Market Snapshot:
--
Calcium Carbide Market - Report Coverage:
The “Calcium Carbide Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Adhesive Bandages Market.
| Attribute | Segment |
|---|---|
By Manufacturing Process |
|
By Application |
|
By End-User |
|
By Geography |
|
COVID-19 / Ukraine Crisis - Impact Analysis:
● The COVID-19 pandemic has had notable impacts on various industries globally, including the calcium carbide market. The stringent lockdowns, travel restrictions, and disruptions in manufacturing and trade networks significantly influenced the supply chain dynamics for raw materials and industrial processes. The calcium carbide market, intimately linked to sectors such as steel production and chemical manufacturing, faced challenges due to interruptions in production schedules and fluctuations in demand. The slowdown in industrial activities, particularly in construction and manufacturing, led to reduced requirements for steel and downstream chemical products, affecting the consumption of calcium carbide.
● The geopolitical events and conflicts can have widespread implications on global markets, including the chemical and industrial sectors. The calcium carbide market, closely tied to industries such as steel production and chemical manufacturing, may experience indirect effects due to disruptions in the supply chain, changes in trade patterns, and shifts in global economic dynamics. In times of geopolitical instability, industries might reevaluate investment decisions and operational strategies, potentially influencing the demand for calcium carbide as a key component in steelmaking and chemical processes. To assess the current impact of the Russia-Ukraine war on the calcium carbide market, it is recommended to consult recent reports from industry analysts, market research agencies, and news sources that provide insights into the specific market dynamics shaped by geopolitical events.
Key Takeaways:
● Dominance of Asia-Pacific
Among the regions, APAC holds the largest share of 35% in the global Calcium Carbide market in 2023 followed by North America and Europe during the forecast period. The growing demand from agriculture and healthcare industries across China and India is fueling the growth of this market in the APAC region. In the APAC region, China acts as a dominant country in the calcium carbide market owing to the presence of large Chinese coal reserves and the rapid development of the production of VCM and BDO from acetylene. Furthermore, the growing consumer and e-commerce sectors are also contributing to the growth of Calcium Carbide market share across the APAC region. Furthermore, the growing transportation sector, changing lifestyle, and rise in disposable income also contribute to the growth of this market in the APAC region.
For More Details on This Report - Request for Sample
● The Electric Arc furnace segment held the largest market share
The Electric Arc furnace segment holds the largest share of more than 45% in the Calcium Carbide market in 2023 due to its high functionality and large processing capacity. Furthermore, the growing demand for high-quality calcium carbide from various end-use industries that produce PVC and other products drives the demand for electric arc furnaces. An electric arc furnace uses the heat generated by the arc to smelt ores and metals and also helps to reduce the production cost as compared to the other processes.
● Chemical Application Segment to Hold Largest Market Share
The chemical applications segment held the largest share of more than 35% in the Calcium Carbide market in 2023 due to widely use of acetylene in various applications including organic chemicals like Vinyl chloride and 1,4-butanediol, plastics, and in oxyacetylene cutting and welding of metals. Furthermore, acetylene is also used as a raw material for the production of acetaldehyde, acetic anhydrite, and acetic acid. Thus, the growing demand for acetylene gas raises the consumption of calcium carbide which in turn contributes to the growth of this market.
● Surging demand for calcium carbide across various end-use industries
Calcium Carbide Market is projected to spread at a substantial pace in the near future due to increasing demand from pharmaceuticals, cosmetics, plastics and steel industries. Calcium Carbide Market is also expected to occupy a major share in these industries owing to its applications such as producing acetylene, carbide lamps and cutting & welding. Moreover, increasing demand for calcium carbide for the use of energy and solid waste is the major that will drive this market. Furthermore, the growth in the agricultural and pharmaceutical sectors is also contributing to the growth of the global Calcium Carbide market during the forecast period. For instance, in the agriculture sector, CaC2 is used as a chemical in fruit ripening and for improving crop yields.
● Growing demand for PVC across various end-use sectors
The growing deployment of PVCs as a lightweight product across automotive, construction, electronics, aviation, and packaging further propel the growth of the Calcium Carbide market size during the forecast period. PVC is produced from the reaction of calcium carbide, ethylene, and dichloroethane. The many beneficial properties of PVC like superior fire resistance, fire retardance, chemical resistance, and better mechanical strength further propel the growth of PVC, which in turn drives the growth of this market. Therefore, the surging demand for polyvinyl chloride across various industry verticals further propels the growth of the global calcium carbide market during the forecast period.
● Harmful effects of calcium carbide ripen fruits on human health
Several countries use Calcium Carbide as an artificial ripening agent. Carbide-ripened fruit on consumption causes several harmful effects on human health. CaC2 has cancer-causing properties and also its consumption causes stomach upset. Due to these harmful health effects, several governing bodies have banned the use of calcium carbide in fruit ripens. For instance, the Punjab Food Authority (PFA) banned the use of calcium carbide - a chemical used for the artificial ripening of fruits. This ban imposed acts as a restraining factor to the growth of this market. For instance, in 2023, the Food Safety and Standards Authority of India (FSSAI) directed food safety commissioners in all States and UTs to prevent the use of banned substances like calcium carbide or acetylene gas. Furthermore, the growing awareness among consumers about the effects of calcium carbide on health is also restraining the growth of this market.
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Adhesive Bandages Market. The top 10 companies in this industry are listed below:
1. Carbide Industries LLC
2. Denka Company Limited
3. SA Calcium Carbide
4. AlzChem Group AG
5. DCM Shriram
6. American Elements
7. Inner Mongolia Baiyanhu Chemical Co., Ltd.
8. NGO Chemical Group Ltd
9. Rexarc International, Inc
10. Donau Chemie AG
Scope of Report:
| Report Metric | Details |
|---|---|
Base Year Considered | 2023 |
Forecast Period | 2024–2030 |
CAGR | 5.1% |
Market Size in 2030 | $18 billion |
Segments Covered | Manufacturing Process, Application, End-User and Region |
Geographies Covered | North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia and Rest of South America), Rest of the World (Middle East and Africa). |
Key Market Players |
|
For more Chemical and Materials related reports, please click here
1. Calcium Carbide Market - Market Overview
1.1 Definitions and Scope
2. Calcium Carbide Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by Type
2.3 Key Trends by Application
2.4 Key Trends by End-Use Industry
2.5 Key Trends by Geography
3. Calcium Carbide Market - Comparative analysis
3.1 Market Share Analysis- Major Companies
3.2 Product Benchmarking- Major Companies
3.3 Top 5 Financials Analysis
3.4 Patent Analysis- Major Companies
3.5 Pricing Analysis (ASPs will be provided)
4. Calcium Carbide Market - Startup Companies Scenario Premium
4.1 Major startup company analysis:
4.1.1 Investment
4.1.2 Revenue
4.1.3 Product portfolio
4.1.4 Venture Capital and Funding Scenario
5. Calcium Carbide Market – Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing Business Index
5.3 Successful Venture Profiles
5.4 Customer Analysis – Major companies
6. Calcium Carbide Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porters Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Buyers
6.3.3 Threat of New Entrants
6.3.4 Competitive Rivalry
6.3.5 Threat of Substitutes
7. Calcium Carbide Market -Strategic Analysis
7.1 Value/Supply Chain Analysis
7.2 Opportunity Analysis
7.3 Product/Market Life Cycle
7.4 Distributor Analysis – Major Companies
8. Calcium Carbide Market - By Manufacturing Process (Market Size -$Million)
8.1 Standard Process
8.2 Electric Arc Furnace
8.3 Others
9. Calcium Carbide Market – By Application (Market Size -$Million)
9.1 Acetylene Production
9.2 Chemical Industry
9.3 Metallurgical
9.4 Steel Manufacturing
9.5 Fruit Ripening
9.6 Carbide Lamps
9.7 Others
10. Calcium Carbide Market – By End Use Industry (Market Size -$Million)
10.1 Pharmaceuticals
10.2 Food & Beverages
10.3 Agriculture
10.4 Cosmetics
10.5 Chemical
10.6 Energy and Power
10.7 Metallurgy
10.8 Others
11. Calcium Carbide Market - By Geography (Market Size -$Million)
11.1 North America
11.1.1 U.S.
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 U.K
11.2.2 Germany
11.2.3 France
11.2.4 Italy
11.2.5 Netherland
11.2.6 Spain
11.2.7 Russia
11.2.8 Belgium
11.2.9 Rest of Europe
11.3 Asia Pacific
11.3.1 China
11.3.2 Japan
11.3.3 India
11.3.4 South Korea
11.3.5 Australia and New Zealand
11.3.6 Indonesia
11.3.7 Taiwan
11.3.8 Malaysia
11.3.9 Rest of Asia Pacific
11.4 South America
11.4.1 Brazil
11.4.2 Argentina
11.4.3 Colombia
11.4.4 Chile
11.4.5 Rest of South America
11.5 ROW
11.5.1 Middle East
11.5.1.1 Saudi Arabia
11.5.1.2 UAE
11.5.1.3 Israel
11.5.1.4 Rest of Middle East
11.5.2 Africa
11.5.2.1 South Africa
11.5.2.2 Nigeria
11.5.2.3 Rest of South Africa
12. Calcium Carbide Market - Entropy
12.1 New Product Launches
12.2 M&A’s, Collaborations, JVs and Partnerships
13. Calcium Carbide Market - Market Share Analysis Premium
13.1 Market Share at Global Level - Major companies
13.1.1 Market Share by Key Region - Major companies
13.1.2 Market Share by Key Country - Major companies
13.2. Competition Matrix
13.3. Best Practises for companies
14. Calcium Carbide Market - Key Company List by Country Premium Premium
15. Calcium Carbide Market Company Analysis- Business Overview, Product Portfolio, Financials, and Developments
15.1 Carbide Industries LLC
15.2 Denka Company Limited
15.3 SA Calcium Carbide
15.4 AlzChem Group AG
15.5 DCM Shriram
15.6 American Elements
15.7 Inner Mongolia Baiyanhu Chemical Co., Ltd.
15.8 NGO Chemical Group Ltd
15.9 Rexarc International, Inc
15.10 Donau Chemie AG
"*Financials would be provided on a best-efforts basis for private companies”
The Calcium Carbide Market is projected to grow at a CAGR of 5.1% during the forecast period 2024-2030.
Global Calcium Carbide Market size is estimated to be $13 billion in 2023 and is projected to reach $18 billion by 2030.
The leading players in the Calcium Carbide Market are Carbide Industries LLC, Denka Company Limited, SA Calcium Carbide, AlzChem Group AG, DCM Shriram and Others.
Growing Demand in Steel Industry is likely to gain prominence which will create growth opportunities for the market during the forecast period.
Surging demand for calcium carbide across various end-use industries and growing demand for PVC across various end-use sectors are the driving factors of the market.