The global calcium carbide market size is expected to reach USD 19.12 billion by 2027, exhibiting a CAGR of 4.3% during the forecast period. The increasing production of PVC with CaC2 because of its lower molecular weight and higher plasticization will spur opportunities for the market during the forecast period, states Fortune Business Insights, in a report, titled “Calcium Carbide Market Size, Share & Industry Analysis, By Application (Acetylene Gas, Calcium Cynamide, Reducing & Dehydrating Agents, Steel Making, Others), By End User (Chemicals, Steel, Others), and Regional Forecast, 2020-2027.” The market size stood at USD 14.06 Billion in 2019.
COVID -19 Impact
The corona virus occurrence has caused enormous damage to all the industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.
The calcium carbide market report contains:
- Grand study of the industry
- Valuable insights into the regions
- Emerging developments
- Vast scrutiny of competitors
- COVID-19 impact on the market
Market Driver:
Increasing Application of Acetylene to Drive Market
The growing commercial application of acetylene in potable lightning, chemical production, welding and cutting of metals, and plastics manufacturing will spur the demand for calcium carbide in the forthcoming years. PVC and PVDF are produced through acetylene derivatives such as methane and ethylene. The growing demand for plastics in various industries owing to its cost-effectiveness and easy production will foster the healthy growth of the market in the foreseeable future. Besides, the surging chemical industry is expected to create lucrative business opportunities for the market in the foreseeable future.
Constraint on Raw Materials to Dampen Growth Amid Corona virus
The rising restriction on the supply of raw materials has negatively affected the global market during corona virus. The declined import and export activities will consequently influence the production of acetylene gas. The lockdown imposed by the governments has led to the shutdowns of plants,thus diminishing the manufacturing activities and hampering the growth of the market. Besides, the disruption caused by the corona virus on the supply chain of CaC2 will adversely impact market growth.
Regional Analysis:
Heavy Demand from Chemical Industry to Boost Growth in North America
The market in North America is expected to witness a high growth rate during the forecast period owing to the growing demand from chemical, steel, and other industries. The shift from petroleum-based processes to calcium carbide PVC production is likely to enable speedy expansion of the market. Asia Pacific is expected to witness a rapid growth rate during the forecast period owing to the surging chemical and steel manufacturing industries in the region. The rising PVC production in developing countries such as China, Japan, and India will foster the healthy growth of the market in the foreseeable future.
The Report Lists the Main Companies in the Calcium Carbide Market:
- Carbide Industries LLC (U.S.)
- APH - Regency Power Group (India)
- MCB Industries Sdn. Bhd. (Malaysia)
- KC Group (India)
- DCM Shriram Ltd. (India)
- AlzChem (Germany)
- Denka Company Limited (Japan)
Information Source:
https://www.fortunebusinessinsights.com/industry-reports/calcium-carbide-market-101580
Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the calcium carbide market include Aldon, Praxair Technology, MCB Industries, SA Calcium Carbide, DCM Shriram, Denka, AlzChem, Erdos Xinhua Silicon Metal Industries, APH Regency Power, Xinjiang Zhongtai Chemical Co. Ltd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Calcium Carbide Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/calcium-carbide-market/download-sampleMarket DynamicsThe global calcium carbide market is anticipated to swell with a rise in acetylene production, calcium cyanamide, fertilizer, carbide lamps, and steel.
Emerging trends in chemical, construction, metal, and agricultural are forecasted to bring new growth waves to the global calcium carbide market.
However, calcium carbide is illegal in some nations as in the production of acetylene, contamination often leads to tracing phosphine and arsine production.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
The global calcium carbide market size is expected to reach USD 19.12 billion by 2027, exhibiting a CAGR of 4.3% during the forecast period.
The increasing production of PVC with CaC2 because of its lower molecular weight and higher plasticization will spur opportunities for the market during the forecast period, states Fortune Business Insights, in a report, titled “Calcium Carbide Market Size, Share & Industry Analysis, By Application (Acetylene Gas, Calcium Cynamide, Reducing & Dehydrating Agents, Steel Making, Others), By End User (Chemicals, Steel, Others), and Regional Forecast, 2020-2027.” The market size stood at USD 14.06 Billion in 2019.
The calcium carbide market report contains: Grand study of the industryValuable insights into the regionsEmerging developmentsVast scrutiny of competitorsCOVID-19 impact on the market Browse Summary of This Research https://www.fortunebusinessinsights.com/industry-reports/calcium-carbide-market-101580
Calcium Carbide Market research report includes specific segments by region (country), by manufacturers, by Type and by Application.
Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/74120/global-calcium-carbide-2021-826 Global Calcium Carbide market size valued at USD 11810 million in 2015.
The market size will reach USD 16170 million by the end of 2026, growing at a CAGR of 4.5% during forecast period (2016-2027).Segment by TypeType IType IISegment by ApplicationAcetylene ManufacturingSynthesis of SolventsPharmaceuticalsPlasticsSteel MakingCarbide LampsOthersBy CompanyCARBIDE INDUSTRIESDenkaMCB INDUSTRIESSA Calcium CarbideAldonAlzChemAPH Regency PowerDCM ShriramErdos Xinhua Silicon Metal IndustryHudson ChemicalIran carbideMil-Spec IndustriesProduction by RegionNorth AmericaEuropeChinaJapanConsumption by RegionNorth AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EReasons to Purchase Our Research Report:1.
Analyzing the outlook of the market with the recent trends and SWOT analysis2.
Market dynamics scenario, along with growth opportunities of the market in the years to come3.
