MARKET INTRODUCTION
Calcium carbide, also known as calcium acetylide, is a chemical compound that exists as white crystals in its pure form. It is manufactured by heating a mixture of lime and carbon in the range of 2000 to 2100?C in an electric furnace. It is an effective and strong reducing agent. Calcium carbide is also used as a source of energy in the field of metallurgy. Calcium carbide is chiefly used in industrial applications to produce acetylene and calcium cyanamide.
MARKET DYNAMICS
The growing demand for calcium carbide in the production of acetylene is likely to spur the growth of the global calcium carbide market. The wide spread uses of acetylene in welding, oxyacetylene cutting, and heat treatment processes is likely to generate significant demand for calcium carbide used in manufacturing acetylene. Another factor driving the calcium carbide market is the growing demand for it in the foundries and steel industries as a desulfurization agent. The modern steelmaking operations have generated substantial demand for low sulfur steel and increased the necessity of calcium carbide used as hot metal desulfurizers in the steel industry. It is also used in the metal industries to remove unwanted iron oxide from furnace slag. The strong demand from the metal processing industries is anticipated to propel the calcium carbide market during the forecast. The increasing uses of calcium carbide in ripening agents, signal flares, fertilizers, PVC, etc. are likely to compound the demand for calcium carbide in the forecast period.
MARKET SCOPE
The "Global Calcium Carbide Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the calcium carbide market with detailed market segmentation by application, end-use, and geography. The global calcium carbide market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading calcium carbide market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global calcium carbide market is segmented on the basis of application and end-use. On the basis of application, the calcium carbide market is segmented into, desulfurizing agent, fertilizer, flare, fuel gas, chemical intermediate, and others. On the basis of end-use, the market is bifurcated into, steel manufacturing agrochemical, maritime safety, metal fabrication, construction material, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global calcium carbide market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The calcium carbide market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the calcium carbide market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the calcium carbide market in these regions.
MARKET PLAYERS
The reports cover key developments in the calcium carbide market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from calcium carbide market are anticipated to lucrative growth opportunities in the future with the rising demand for calcium carbide in the global market. Below mentioned is the list of few companies engaged in the calcium carbide market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the calcium carbide market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aldon Corporation
- American Elements
- DCM Shriram
- Denka Company Limited.
- Erdos Xinhua Silicon Metal Industries
- Lonza Group AG
- MCB Industries
- Merck KGaA
- Praxair Technology
- SA Calcium Carbide
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