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APAC to majorly drive global calcium carbide market over 2019-2025 | By Leading Key Players MCB Industries, DCM Shriram, Denka, AlzChem
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Calcium Carbide Market size may grow owing to its usage with calcium phosphide, which find application in floating and self-igniting naval flares which are used for defensive countermeasures, illumination and signaling. Flare made from calcium find preference with naval application as they can be used under water and can illuminate submerged objects. Global maritime safety market size is likely to surpass USD 35 billion by 2026 which may favor market size.
These products are used in manufacturing of calcium cyanide which is used as a fertilizer that decomposes in water to release ammonia providing important source of nitrogen for the plant, helping in its growth. Global fertilizer market size is projected to surpass USD 185 billion by 2024 thereby driving calcium carbide market size. The products also finds application as a wire feed alloy in steel making to integrate nitrogen in steel, thereby further propelling product demand.
North America led by Mexico, Canada and the U.S. calcium carbide market size is projected to experience growth in the projected timeframe. Socio-political scenario in the U.S regarding jobs is likely to promote metal fabrication industry. Rapid industrialization in Mexico with commercial sector rise may lead to growth of fabrications market. These factors are likely to stimulate regional product demand.
Global calcium carbide market share is fragmented as market consist of several significant players including Aldon, Praxair Technology, MCB Industries, DCM Shriram, Denka, AlzChem, Erdos Xinhua Silicon Metal Industries and APH Regency Power. Manufacturers are focusing on expanding their market through merger and acquisition along with focus on R&D activities in order to formulate product in different application which is anticipated to drive market size in forecast timeframe.
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Methodology used in Calcium Carbide Market Report –
Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the calcium carbide market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.
Primary objectives of data mining include:
1. Definition and scope of research
2. Market dynamics, growth drivers and industry pitfalls
3. Regulatory and political guidelines for the calcium carbide market
4. Demographics and statistical data
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