The global calcium carbide market was valued at $11.3 billion in 2020, and is projected to reach $18.2 billion by 2030, growing at a CAGR of 5.0% from 2021 to 2030.
The chemical compound calcium carbide, commonly known as calcium acetylide, has the chemical formula CaC2. White calcium carbide can be made in a laboratory by thermal breakdown of pure calcium cyanimide in the presence of carbon under vacuum. It is primarily used in the manufacturing of acetylene and calcium cyanamide in industry. It is also used for desulfurization, slag conditioning, and furnace injection applications during steel production. It is primarily employed in the manufacturing of acetylene gas, which is then used in the synthesis of polyvinyl chloride in the current scenario (PVC). When compared to petroleum-based PVC, the manufacturing of PVC using CaC2 has been regarded a viable approach because it does not involve the use of petroleum or natural gas and has benefits such as reduced molecular weight and greater plasticizing capabilities. Rising demand for PVC-based plastic products, as well as expanding chemical, steel, and agriculture industries, are the current market trends.
The rising usage of acetylene gas in a variety of applications will drive up demand for calcium carbide. Calcium carbide reacts with water to produce acetylene gas. It's a flammable gas that has a unique odor. When a gas is liquefied, compressed, heated, or mixed with air, it becomes explosive. As a result, more attention is necessary when handling the gas. Calcium carbide consumption is expected to rise during the forecast period due to rising demand for acetylene gas. The rise of oil, gas, and chemical companies, as well as the use of digital technology, has been driven mostly by increasing efficiency and reliability.
The global calcium carbide market is segmented on the basis of application, End-use industry, and region. On the basis of application, the global calcium carbide market is segmented into acetylene gas, calcium cyanamide, reducing and dehydrating agent,
desulfurizing and deoxidizing agent, and others. The End-use industry of calcium carbide includes chemicals, metallurgy, pharmaceutical, food and others. On the basis of region, the global calcium carbide market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest share of the market, followed by LAMEA and Europe.
Major players operating in the global calcium carbide market Denka Company Limited, AlzChem, American Elements, Thermo Fisher Scientific, Carbide Industries LLC, KC Group, Merck KGaA, MCB Industries Sdn. Bhd., Mil-Spec Industries Corporation, and Santa Cruz Biotechnology, Inc.
IMPACT OF COVID-19 ON THE GLOBAL CALCIUM CARBIDE MARKET
The chemical compound calcium carbide, commonly known as calcium acetylide, has the chemical formula CaC2. White calcium carbide can be made in a laboratory by thermal breakdown of pure calcium cyanimide in the presence of carbon under vacuum. It is primarily used in the manufacturing of acetylene and calcium cyanamide in industry. It is also used for desulfurization, slag conditioning, and furnace injection applications during steel production. It is primarily employed in the manufacturing of acetylene gas, which is then used in the synthesis of polyvinyl chloride in the current scenario (PVC). When compared to petroleum-based PVC, the manufacturing of PVC using CaC2 has been regarded a viable approach because it does not involve the use of petroleum or natural gas and has benefits such as reduced molecular weight and greater plasticizing capabilities. Rising demand for PVC-based plastic products, as well as expanding chemical, steel, and agriculture industries, are the current market trends.
The rising usage of acetylene gas in a variety of applications will drive up demand for calcium carbide. Calcium carbide reacts with water to produce acetylene gas. It's a flammable gas that has a unique odor. When a gas is liquefied, compressed, heated, or mixed with air, it becomes explosive. As a result, more attention is necessary when handling the gas. Calcium carbide consumption is expected to rise during the forecast period due to rising demand for acetylene gas. The rise of oil, gas, and chemical companies, as well as the use of digital technology, has been driven mostly by increasing efficiency and reliability.
The global calcium carbide market is segmented on the basis of application, End-use industry, and region. On the basis of application, the global calcium carbide market is segmented into acetylene gas, calcium cyanamide, reducing and dehydrating agent,
desulfurizing and deoxidizing agent, and others. The End-use industry of calcium carbide includes chemicals, metallurgy, pharmaceutical, food and others. On the basis of region, the global calcium carbide market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest share of the market, followed by LAMEA and Europe.
Major players operating in the global calcium carbide market Denka Company Limited, AlzChem, American Elements, Thermo Fisher Scientific, Carbide Industries LLC, KC Group, Merck KGaA, MCB Industries Sdn. Bhd., Mil-Spec Industries Corporation, and Santa Cruz Biotechnology, Inc.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides in-depth analysis of the global calcium carbide market along with the current trends and future estimations.
- This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period.
- Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the global calcium carbide industry for strategy building.
- A comprehensive market analysis covers factors that drive and restrain the global calcium carbide market growth.
- The qualitative data about market dynamics, trends, and developments is provided in the report.
IMPACT OF COVID-19 ON THE GLOBAL CALCIUM CARBIDE MARKET
- COVID-19 has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
- Some of the major economies suffering from the COVID-19 crises include Germany, France, Italy, Spain, the UK, and Norway.
- Calcium carbide is primarily used in chemicals, industrial, and food. Online grocery sales are expected to account for 12.4% of all e-commerce sales in the U.S. by 2021.
- Calcium carbide is primarily utilized in the production of acetylene and other chemical compounds in industry. Calcium carbide is primarily used in the chemical and metallurgical industries. The outbreak of COVID-19 has affected many manufacturing industries and general economic activities.
- The chemical industry has been impacted by the adoption of lockdowns in many nations and supply shortages. At the same time, the decline in economic activity has hampered infrastructure development, the introduction of new industries, and expansions, all of which have a negative influence on metal product demand, impacting the metallurgical industry.
- In many countries, the economy has dropped due to the halt of several industries, especially transport and supply chain. Demand for the product has been hindered as there is no development due to the lockdown.
- The COVID-19 epidemic has impacted negatively on the manufacturing and industrial industries due to a scarcity of resources in various parts of the world. The industry's top players are concerned about the market's prospects and are rethinking their strategies to meet the challenge.
KEY MARKET SEGMENTS
By Application
- Acetylene Gas
- Calcium Cyanamide
- Reducing and Dehydrating Agent
- Desulfurizing and Deoxidizing Agent
- Others
By End-Use Industry
- Chemicals
- Metallurgy
- Pharmaceutical
- Food
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Spain
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA
KEY MARKET PLAYERS
- Denka Company Limited
- AlzChem
- American Elements
- Thermo Fisher Scientific
- Carbide Industries LLC
- KC Group
- Merck KGaA
- MCB Industries Sdn. Bhd.
- Mil-Spec Industries Corporation
- Santa Cruz Biotechnology, Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: CALCIUM CARBIDE MARKET, BY APPLICATION
CHAPTER 5: CALCIUM CARBIDE MARKET, BY END-USE INDUSTRY
CHAPTER 6: CALCIUM CARBIDE MARKET, BY REGION
CHAPTER 7: COMPANY PROFILES
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Denka Company Limited
- AlzChem
- American Elements
- Thermo Fisher Scientific
- Carbide Industries LLC
- KC Group
- Merck KGaA
- MCB Industries Sdn. Bhd.
- Mil-Spec Industries Corporation
- Santa Cruz Biotechnology, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 275 |
| Published | December 2021 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD | $ 11.3 billion |
| Forecasted Market Value ( USD | $ 18.2 billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
