Press release
Calcium Carbide Industry to Achieve $25.28 Billion Growth by 2029
Calcium Carbide
How Will the Calcium Carbide Market Grow by 2025 in Terms of Size and Growth?
The market for calcium carbide has experienced a consistent growth in the past years. The market value will increase from $17.6 billion in 2024 to an estimated $18.45 billion in 2025, with a compound annual growth rate (CAGR) of 4.8%. This increase during the historic period is due to several factors such as the rising need for acetylene gas in the chemical and industrial sectors, development in the steel and metallurgy sectors for desulfurization, the growth of the plastics and chemicals manufacturing industry, the expanding use of acetylene in welding and cutting tasks, and the advancement of the construction and infrastructure development businesses.
What Are the Estimated Growth Rates for the Calcium Carbide Industry Through 2029?
In the coming years, the size of the calcium carbide market is projected to experience robust growth, projected to reach $25.28 billion by 2029 at a compound annual growth rate (CAGR) of 8.2%. This growth within the forecast period is due to numerous factors, including the push for sustainability and environmental awareness, increased usage of calcium carbide for acetylene-based power production in isolated areas, and the escalating use of acetylene in the automotive and aerospace industries. There is also a growing demand for calcium cyanamide as a soil enricher and plant growth modulator, together with regulatory endorsement for the safe management and storage of carbide products. Key trends within the forecast period encompass technological progress in calcium carbide production methods, advancements in energy storage technologies, the implementation of sustainable practices in carbide manufacturing and waste management, enhancements in manufacturing technology and process efficiency, along with investments in research and development of innovative carbide uses.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/calcium-carbide-global-market-report
What Are the Strategic Drivers Boosting Calcium Carbide Market Performance?
The calcium carbide market is predicted to experience growth, fueled by the escalating demand for plastic. The notion of plastic demand corresponds to the overall necessity or yearning for plastic goods in a certain market, compelled by assorted industries and consumer tastes. The surge in plastic demand can be attributed to influences such as heightened consumption of packaged items, the progression of the automobile and building sectors, advancements in plastic uses, and customer predilections for convenience and durability. The significance of calcium carbide for plastic demand lies predominantly in serving as a crucial element in the formation of acetylene, which is utilized in the fabrication of various plastics, including polyvinyl chloride (PVC) and other polymers. For example, as per an IBISWorld report released in May 2024, a company based in the US, in 2023, the plastic products industry employed 394,112 individuals, which soared up to 20 million metric tons in 2040. Hence, the escalation in plastic demand fuels the growth of the calcium carbide market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5883&type=smp
What Are the Segments in the Calcium Carbide Market?
The calcium carbide market covered in this report is segmented -
1) By Application: Acetylene Gas, Calcium Cyanamide, Reducing And Dehydrating Agents, Desulfurizing And Deoxidizing Agent, Other Applications
2) By End-User: Chemical, Metallurgy, Pharmaceutical, Food, Other End-users
3) By Distribution Channel: Online, Offline
Subsegments:
1) By Acetylene Gas: Industrial Uses (welding, cutting), Chemical Synthesis
2) By Calcium Cyanamide: Fertilizers, Agricultural Chemicals
3) By Reducing and Dehydrating Agents: Metal Production, Chemical Manufacturing
4) By Desulfurizing and Deoxidizing Agent: Steel Production, Non-Ferrous Metal Processing
5) By Other Applications: Carbide Lamps, Calcium Carbide for Phosphor Production, Rubber and Plastics Industry
What Are the Key Adoption Trends in the Calcium Carbide Market?
The evolution of production methodologies is a crucial trend gaining traction in the calcium carbide industry. These innovative technologies boost production efficiency by utilizing new tools to minimize manual labor and production duration. To illustrate, the AlzChem Group, a German chemicals business, launched CalciPro in the Russian steel market. CalciPro is extremely beneficial for the calcium treatment of liquefied steel and improves the casting capacity and mechanical features of the final steel products.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=5883&type=smp
Which Companies Lead the Competitive Landscape of the Calcium Carbide Industry?
Major companies operating in the calcium carbide market include AlzChem AG, Carbide Industries LLC, DCM Shriram Ltd., Denka Company Limited, Inner Mongolia Biayanhu Chemical Co. Ltd., Iran Carbide Co., KC Group Ltd., Lonza Group Ltd., MCB Industries Sdn. Bhd., Merck KGaA, Mil-Spec Industries Corporation, PT Emdeki Utama Tbk, Xinjiang Tianye Co. Ltd., Ningxia Jinhaoyuan Chemical Group Co. Ltd., Santa Cruz Biotechnology Inc., Thermo Fisher Scientific, American Elements Corp., Madhuraj Industrial Gases Pvt. Ltd., All Win Aluminium Industries, Powder Pack Chem, Xinjiang Zhongtai Chemical Co. Ltd., Erdos Xinhua Silicon Metal Industries Co. Ltd., Aldon Corporation, Praxair Inc., SA Calcium Carbide
Where Are the Key Calcium Carbide Market Opportunities by Region?
North America will be the largest region in the calcium carbide market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the calcium carbide market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Calcium Carbide Industry to Achieve $25.28 Billion Growth by 2029 here
News-ID: 4164821 • Views: …
More Releases from The Business Research Company
Key Factor Supporting Global Helpdesk Automation Market Development in 2025: Imp …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Helpdesk Automation Industry Market Size Be by 2025?
The market size for helpdesk automation has experienced exponential growth recently. It's projected to increase from $6.14 billion in 2024 to $8.13 billion in 2025, with a compound annual growth rate (CAGR) of 32.4%. Factors contributing to this…
Growth Of The Graph Technology Market Driven By The Expansion Of Internet of Thi …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Graph Technology Market Through 2025?
The market size for graph technology has experienced substantial growth in the recent past. Its expansion is anticipated to rise from $5.26 billion in 2024 to $6.4 billion in 2025, with a compound annual growth rate (CAGR)…
2025-2034 Generative Design Software Market Outlook: Key Drivers, Emerging Chall …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Generative Design Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size for generative design software has seen a swift expansion. This growth trajectory is projected to continue, rising from $2.25 billion in 2024 to $2.66 billion in 2025, representing…
Widespread Internet Access Fuels The Growth Of Generative AI In Movies Market Em …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Generative AI In Movies Market Size Growth Forecast: What to Expect by 2025?
The market size for generative ai in movies has experienced significant expansion in the past few years. The growth is projected to increase from $0.32 billion in 2024 to $0.4 billion in 2025 with a compound…
More Releases for Carbide
China's Apex Carbide Introduces Ground and Unground Tungsten Carbide Rods for En …
In a significant advancement for the manufacturing sector, Apex Carbide is proud to launch its new line of China High Quality Tungsten Solid Carbide Rods(https://www.apexcarbide.com/high-quality-solid-carbide-rod-blanks-with-ground-or-unground-product/), available in both ground and unground options. These rods are meticulously engineered to provide enhanced durability and performance, making them essential for a wide array of industrial applications. With over 20 years of experience, Apex Carbide has firmly established itself as a leader in the…
Tantalum Carbide-Niobium Carbide (TaNbC) Market 2025 - Trends, Growth Prospects …
LOS ANGELES, United States: QY Research is pleased to announce the release of its latest market study, titled "Global Tantalum Carbide-Niobium Carbide Market Research Report 2025." This comprehensive report provides an in-depth analysis of key market insights, trends, opportunities, drivers, and restraints shaping the global Tantalum Carbide-Niobium Carbide market. QY Research is committed to delivering well-researched, data-driven insights to meet client requirements and provide a clear understanding of market dynamics.…
Calcium Carbide Market to Have Good Business Opportunities in the Coming Years 2 …
This detailed market study covers calcium carbide market growth potentials which can assist the stakeholders to understand key trends and prospects in the calcium carbide market identifying the growth opportunities and competitive scenarios. The report also focuses on data from different primary and secondary sources and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The…
Calcium Carbide Market to Have Good Business Opportunities in the Coming Years 2 …
This detailed market study covers calcium carbide market growth potentials which can assist the stakeholders to understand key trends and prospects in the calcium carbide market identifying the growth opportunities and competitive scenarios. The report also focuses on data from different primary and secondary sources and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The…
Whats driving the Calcium Carbide Market Growth? Carbide Industries LLC, Denka, …
This detailed market study covers calcium carbide market growth potentials which can assist the stake holders to understand key trends and prospects in calcium carbide market identifying the growth opportunities and competitive scenarios. The report also focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The…
Global Calcium Carbide Market 2019 By Carbide Industries, Wanboda Group, Praxair …
The Calcium Carbide market globally is the most encouraging markets. This global market is evolving with a propelled rate and development of novel strategies are raising on buyers inclination. The Calcium Carbide market is a huge stage for contenders (Carbide Industries, Wanboda Group, Praxair technology, SA Calcium Carbide, SA Calcium Carbide (Pty), Shandong Dadao Chemicals, Lonza Group, DENKA, Aldon, Xiahuayuan Xuguang Chemical, MCB Industries, Inner Mongolia Baiyanhu Chemical, Xinjiang Zhongtai…
