Global Calcium Carbide Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2023 –2030 |
 Market Size (Base Year) |
USD 1,994.10 Million |
 Market Size (Forecast Year) |
USD 3,116.40 Million |
 CAGR |
% |
| Major Markets Players |
|
Global Calcium Carbide Market, By Manufacturing Process (Standard Process, Electric Arc Furnace and Others), Application (Metallurgical Applications and Chemical Applications), End Use Industry (Pharmaceuticals, Food & Beverages, Agriculture, Cosmetics, Chemical, Energy and Power, Metallurgy and Others) - Industry Trends and Forecast to 2030.
Calcium Carbide Market Analysis and Size
Calcium carbide is a chemical compound with the formula CaC2. It is a grayish-white crystalline solid that reacts with water to produce acetylene gas, which is highly flammable. Calcium carbide is primarily used in the production of acetylene for various industrial applications. It is commonly used as a source of acetylene gas for welding, cutting, and brazing metals. Additionally, it has been historically used in the production of calcium cyanamide, a nitrogen-rich fertilizer, and in the synthesis of various organic compounds.
Data Bridge Market Research analyses that the global calcium carbide market which was USD 1994.1 million in 2022, is expected to reach USD 3116.47 million by 2030, and is expected to undergo a CAGR of 5.50% during the forecast period of 2023 to 2030. The standard process segment is expected to dominate the market globally due to rise in oil, gas and chemical companies. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Calcium Carbide Market Scope and Segmentation
|
Report Metric |
Details |
|
Forecast Period |
2023 to 2030 |
|
Base Year |
2022 |
|
Historic Years |
2021 (Customizable to 2015-2020) |
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Quantitative Units |
Revenue in USD Million, Volumes in Tons, Pricing in USD |
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Segments Covered |
Manufacturing Process (Standard Process, Electric Arc Furnace and Others), Application (Metallurgical Applications and Chemical Applications), End Use Industry (Pharmaceuticals, Food & Beverages, Agriculture, Cosmetics, Chemical, Energy and Power, Metallurgy and Others) |
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Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
|
Market Players Covered |
Bo ALZCHEM (Germany), DENKA COMPANY LIMITED (Japan), Praxair S.T. Technology, Inc. (U.K.), Thermo Fisher Scientific (U.S.), AMERICAN ELEMENTS (U.S.), MIL-SPEC INDUSTRIES CORPORATION (U.S.), Santa Cruz Biotechnology, Inc. (U.S.), CARBIDE INDUSTRIES (U.S.), Merck KGaA (Germany), MCB INDUSTRIES SDN. BHD.(Malaysia) |
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Market Opportunities |
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Market Definition
Calcium carbide (CaC2) is referred to as a colourless and transparent compound with the molecular weight of 64.0992 g/mol. It can be created in a laboratory by thermal decomposition under a vacuum of pure calcium cyanimide in the occurrence of carbon to produce white calcium carbide.
Global Calcium Carbide Market Dynamics
Drivers
- Growing Demand for Acetylene
Acetylene gas is primarily produced by the reaction of calcium carbide with water, and it has a wide range of industrial applications. Acetylene is widely used as a fuel gas in welding, cutting, and metal fabrication processes. Its high heat content and temperature make it ideal for various applications in industries such as construction, automotive, and manufacturing. Acetylene is an essential raw material in the chemical industry for the synthesis of various organic compounds. It serves as a building block for the production of plastics, solvents, pharmaceuticals, and specialty chemicals. The expanding chemical manufacturing sector is driving the demand for acetylene and, consequently, calcium carbide. Acetylene gas can be used in specialized lighting applications, such as in miner's lamps and portable lighting systems. Although its use in lighting has diminished with the advent of electric lighting, there are still niche markets where acetylene-based lighting solutions are preferred.
- Rise in Infrastructure Development
Rapid urbanization and infrastructure development in emerging economies are boosting the demand for construction materials and related industries. Calcium carbide is used in the production of calcium cyanamide, a nitrogen-rich fertilizer that is essential for agricultural and horticultural purposes. Calcium carbide is commonly used in the form of calcium carbide slurry for concrete cutting and drilling. It helps facilitate the removal of hardened concrete and is employed in processes such as controlled demolition, bridge deck repairs, and construction of openings for utility installations. Calcium carbide is used in underwater construction projects, particularly for the installation and repair of underwater structures like piers, bridges, and pipelines. It enables the production of acetylene gas, which can be used in underwater welding and cutting applications.
Opportunities
- Emerging Economies and Industrial Growth
Rapid industrialization and economic growth in emerging economies, particularly in Asia-Pacific and Africa, are driving the demand for acetylene and calcium carbide. These regions are witnessing significant investments in manufacturing, construction, and infrastructure projects, creating a robust market for acetylene and its associated feedstock, calcium carbide.
- Regional Infrastructure Development
The demand for acetylene is often closely linked to regional infrastructure development. As countries invest in infrastructure projects, such as construction of roads, bridges, buildings, and other structures, the demand for acetylene for cutting, welding, and related applications increases, subsequently driving the global calcium carbide market.
Restraints/Challenges
- Safety Concern About Use of Calcium Carbide
Calcium carbide can be hazardous if mishandled or improperly stored. It reacts violently with water to produce acetylene gas, which is highly flammable. Additionally, the generation of acetylene gas can lead to the build-up of pressure, potentially causing explosions. The safety risks associated with calcium carbide handling and storage can be a significant restraint in its use.
- Environmental Regulations
Calcium carbide can be hazardous if mishandled or improperly stored. It reacts violently with water to produce acetylene gas, which is highly flammable. Additionally, the generation of acetylene gas can lead to the build-up of pressure, potentially causing explosions. The safety risks associated with calcium carbide handling and storage can be a significant restraint in its use.
Recent Developments
- In January 2021, researchers at the Indian Institute of Technology Madras developed a process for producing calcium carbide from waste eggshells. This technology could potentially reduce the environmental impact of calcium carbide production and provide a new source of raw materials
- In 2020, German specially chemicals company Evonik industries AG entered into a partnership with Chinese calcium carbide producer Fuenfeng Technology Co. to jointly develop and market high-quality acetylene derivatives
Global Calcium Carbide Market Scope
The global calcium carbide market is segmented on the basis of manufacturing process, application and end use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Manufacturing Process
- Standard Process
- Electric Arc Furnace
- Others
Application
- Metallurgical Applications
- Chemical Applications
End use industry
- Pharmaceuticals
- Food & Beverages
- Agriculture
- Cosmetics
- Chemical
- Energy and Power
- Metallurgy
- Others
Global Calcium Carbide Market Regional Analysis/Insights
The global calcium carbide market is analysed and market size insights and trends are provided by type, application and end use industry as referenced above.
The countries covered in the global calcium carbide market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel and rest of Middle East and Africa
Asia-Pacific dominates the global calcium carbide market due to the rise in the need from agriculture and healthcare industries and increase in the research and development activities in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Calcium Carbide Market Share Analysis
The global calcium carbide market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to calcium carbide market.
Some of the major players operating in the global calcium carbide market are:
- Bo ALZCHEM (Germany)
- DENKA COMPANY LIMITED (Japan)
- Praxair S.T. Technology, Inc. (U.K.)
- Thermo Fisher Scientific (U.S.)
- AMERICAN ELEMENTS (U.S.)
- MIL-SPEC INDUSTRIES CORPORATION (U.S.)
- Santa Cruz Biotechnology, Inc. (U.S.)
- CARBIDE INDUSTRIES (U.S.)
- Merck KGaA (Germany)
- MCB INDUSTRIES SDN. BHD.(Malaysia)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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