Calcium Carbide Market by Application and Geography - Forecast and Analysis 2021-2025

The calcium carbide market share is expected to increase by USD 4.01 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.98%. This calcium carbide market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The calcium carbide market report also offers information on several market vendors, including AlzChem Trostberg GmbH, American Elements, CARBIDE INDUSTRIES LLC, Denka Co. Ltd., Iran Carbide  , MCB Industries Sdn. Bhd., Merck KGaA, NGO CHEMICAL GROUP LTD., Ningxia Jinyuyuan Chemical Group Co. Ltd., and PT Emdeki Utama Tbk among others. Furthermore, this report extensively covers calcium carbide market segmentation by application (acetylene production, reducing and dehydrating agent, steel making, calcium cyanamide production, and others) and geography (APAC, Europe, North America, South America, and MEA).

What will the Calcium Carbide Market Size be During the Forecast Period?

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Calcium Carbide Market: Key Drivers, Trends, and Challenges

The increasing steel production is notably driving the calcium carbide market growth, although factors such as health hazards caused by exposure to calcium carbide may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the calcium carbide industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Calcium Carbide Market Driver

The rising demand for acetylene is a major factor driving the global calcium carbide market share growth. Acetylene is one of the most efficient and hottest burning standard welding gases. Calcium carbide reacts with water to produce acetylene and lime milk. One of the most extensive applications of acetylene gas is the preparation of various organic chemicals, such as 1,4-butanediol, which is widely used in the synthesis of polyurethane and polyester plastics. Acetylene can be used as a raw material to produce acetaldehyde, acetic anhydrite, and acetic acid. Additionally, it is also used for flame cleaning sheet metal surfaces. Rust, mill scale, and other scales are removed by low-cost flame cleaning. Furthermore, acetylene is used in various consumer products such as hair sprays and cosmetics. The rising demand for acetylene gas due to its application in various products is expected to drive the demand for calcium carbide during the forecast period.

Key Calcium Carbide Market Trend

The rising demand for calcium cyanamide is another factor supporting the global calcium carbide market share growth. Calcium cyanamide is one of the fertilizers used in the agriculture industry and it prevents yield and quality losses during tight crop rotations. It is a nitrogen-based fertilizer made from carbides that are produced by heating limestone and compound nitrogen at high temperatures. As an agricultural chemical, calcium cyanamide protects crops from a wide range of harmful insects and weeds. Calcium cyanamide is one of the highly consumed fertilizers across the world. The global fertilizers market was valued at 342,128.77 thousand tons in 2018. Moreover, calcium cyanamide is utilized in non-agricultural applications, such as the production and refining processes of iron and industrial chemical products, which, in turn, contributes to the growth of the market. Therefore, the rising global demand for fertilizers will drive the demand for calcium cyanamide during the forecast period and increase the demand for calcium carbide.

Key Calcium Carbide Market Challenge

The health hazards caused by exposure to calcium carbide will be a major challenge for the global calcium carbide market share growth during the forecast period. Exposure to calcium carbide can cause short-term and long-term health hazards. These short-term health hazards include nausea and vomiting, diarrhea, anemia, and low blood pressure. Whereas the long-term health hazards include stomach ailments, headaches, fatigue, neuropathy, and dark spots on the skin, soles of the feet, and torso. Moreover, it leads to ulceration and scarring of moist skin and mucous membranes. Calcium carbide leads to ulceration and scarring of moist skin and mucous membranes. Workers who are frequently exposed to calcium carbide suffer from cheilitis, which is characterized by dryness, intense desquamation, swelling and hyperemia of the lips, and deep radial fissures. Therefore, the health hazards caused by exposure to calcium carbide are likely to hamper the growth of the global calcium carbide market during the forecast period.

This calcium carbide market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global calcium carbide market as part of the global commodity chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the calcium carbide market during the forecast period.

Who are the Major Calcium Carbide Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• AlzChem Trostberg GmbH
• American Elements
• CARBIDE INDUSTRIES LLC
• Denka Co. Ltd.
• Iran Carbide  
• MCB Industries Sdn. Bhd.
• Merck KGaA
• NGO CHEMICAL GROUP LTD.
• Ningxia Jinyuyuan Chemical Group Co. Ltd.
• PT Emdeki Utama Tbk

This statistical study of the calcium carbide market encompasses successful business strategies deployed by the key vendors. The calcium carbide market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• AlzChem Trostberg GmbH- The company offers Calcium carbide packed in containers from 1 to 1.5 tons or in steel drums of 120 kg.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The calcium carbide market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Calcium Carbide Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the calcium carbide market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of global commodity chemicals market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Calcium Carbide Market?

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97% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for calcium carbide market in APAC. Market growth in this region will be faster than the growth of the market in all other regions.

The increasing steel production will facilitate the calcium carbide market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

 The steel industry in APAC is facing challenges due to the outbreak of COVID-19. The industry observed a decline in steel demand in the first half of 2020, owing to the halt of production and supply chain disruptions. However, the impact on the demand for steel in the medium term is expected to be less severe when compared with the global financial crisis during 2008-2009. The steel industry endures at the core of a viable modern society, and steel products are expected to form the basis for economic recovery. Hence, the impact of COVID-19 is expected to reduce in the coming months, which will propel the demand for calcium carbide during the forecast period.

What are the Revenue-generating Application Segments in the Calcium Carbide Market?

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The calcium carbide market share growth by the acetylene production segment will be significant during the forecast period. Calcium carbide is widely used for producing acetylene. Calcium carbide reacts with water to form acetylene and lime milk.  Acetylene is extensively used for manufacturing vinyl chloride monomer owing to the low cost of calcium carbide and the easy availability of coal. The rising demand for acetylene gas is expected to drive the demand for calcium carbide during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the calcium carbide market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Calcium Carbide Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive calcium carbide market growth during the next five years
• Precise estimation of the calcium carbide market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the calcium carbide industry across APAC, Europe, North America, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of calcium carbide market vendors

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