H1 2023: Calcium carbide prices in China's domestic market fluctuated in H1 2023. Due to strong demand fundamentals, prices were up till the end of February 2023. The fundamentals of the Calcium Carbide market in China have been enhanced and improved by demand from PVC downstream sectors. However, from March, the prices started to decline. The decline in freight costs has also supported the downshift observed in the price realizations of Calcium Carbide. Prices for calcium carbide in China's domestic market stayed on the lower end till June 2023. The downturn in price realizations of calcium carbide was caused by a decrease in demand from downstream chemicals. Because of the overall impact of financial sector strain and restrictive monetary circumstances on trade activity, inquiries from Western nations were also muted. The high amounts of stocks for calcium carbide increased supply-side pressure in the Chinese market. There were no supply issues and China’s manufacturing units were running at a regular rate. Calcium carbide prices in the US market remained on the upper side till the end of February 2023. The manufacturing companies operated at regular rates, and more inputs were needed to support downstream production. Additionally, the inflationary pressures decreased in January, which improved manufacturer attitudes towards calcium carbide. From March prices started to fall in the US. The buyer's activity to refill inventory was weak and the demand dwindled in the downstream sectors, which resulted in lower prices of calcium carbide…
The global Calcium Carbide market stood at approximately 30 million tonnes in 2022 and is anticipated to grow at a CAGR of 4.90% during the forecast period until 2032.
Calcium carbide (CaC2) is also known as Calcium acetylide. Industrial production of calcium carbide involves the use of coke and calcium oxide. It is employed in the chemical industry for many different purposes, including the production of acetylene gas and its usage in carbide lights, the production of fertilizer chemicals, and the production of steel. Due to its excellent characteristics, including ductility and durability, steel is employed in the building industry. It is a substance that is utilized to make acetylene gas, as a reducing agent, to make steel, and to cut metal. Acetylene is used as a raw material to create products like vinyl chloride, acetic acid, and acrylonitrile, which is one of its most popular uses. Numerous fibers, films, cables, sheets, etc. that have many uses in the building and automotive industries are made with vinyl chloride. Calcium hydroxide is a byproduct of acetylene manufacturing and has many applications on its own. It is most frequently utilized in the process of removing sulphur compounds from stack gases in fossil fuel-based power plants before they are released into the atmosphere. Calcium cyanamide, a nitrogen-rich fertiliser used for horticultural and agricultural uses, is produced from calcium carbide. For cutting and drilling concrete, calcium carbide is frequently utilised as calcium carbide slurry. In procedures like controlled demolition, bridge deck repairs, and the creation of utility installation openings, it aids in the removal of hardened concrete. Underwater construction projects frequently involve the use of calcium carbide, especially when installing and repairing underwater piers, bridges, and pipelines. Acetylene gas, which can be utilised for underwater welding and cutting applications, can be produced thanks to it.
Calcium carbide, a frequently used part of the process, is used to produce acetylene gas. The main applications of acetylene are in heat treating, welding, and oxyacetylene cutting. In the chemical processing sector, bulk acetylene is also utilized as a raw material to create organic molecules such acetaldehyde, acetic acid, and acetic anhydride. Numerous end-user sectors, including the automotive, aerospace, metal fabrication employ acetylene for the metal-welding purposes. Also, the growing demand for calcium cyanamide in the fertilizer and construction sectors is also expected to provide a positive outlook to Calcium Carbide globally. The global Calcium Carbide market is anticipated to increase favorably as a result of these reasons and reach 48 million tonnes by 2032.
Based on region, Asia Pacific is the most prominent consumer of the Calcium Carbide market. The major producer and consumer of calcium carbide worldwide is China. End-user sectors like those in the chemical, metallurgical, and food industries, among others, are driving the demand in Asian nations. The amount of calcium carbide is likely to rise in Asia due to its growing need for producing butanediol (BDO), vinyl acetate monomer (VAM), and vinyl chloride monomer (VCM) from acetylene.
Based on the end-user industry, the global Calcium Carbide market is segmented into Acetylene, PVC Resins (Captive), Fertilizers, Iron & Steel Industry, and Others. However, Acetylene is the leading segment and held about 50% of the global Calcium Carbide market in 2022. Acetylene is the most commonly derived molecule and its demand is frequently directly related to infrastructure growth. The need for acetylene for cutting, welding, and similar applications is anticipated to rise as developing nations’ spending in infrastructure projects like building roads, bridges, buildings, and other structures will rise in the coming years.
Major players in the Global Calcium Carbide market are Bo ALZCHEMm Praxair S.T. Technology, Inc., Thermo Fisher Scientific, Mil-Spec Industries Corporation, Santa Cruz Biotechnology, Inc., CARBIDE INDUSTRIES, Merck KGaA, Denka Company Limited. Carbide Industries LLC, APH - Regency Power Group, MCB Industries Sdn. Bhd., KC Group, DCM Shriram Ltd., AlzChem, American Elements
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
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Objective of the Study:
• To assess the demand-supply scenario of Calcium Carbide which covers production, demand and supply of Calcium Carbide market in the globe.
• To analyse and forecast the market size of Calcium Carbide
• To classify and forecast Global Calcium Carbide market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Calcium Carbide market in the globe.
To extract data for Global Calcium Carbide market, primary research surveys were conducted with Calcium Carbide manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Calcium Carbide market over the coming years.
ChemAnalyst calculated Calcium Carbide demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Calcium Carbide. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Calcium Carbide manufacturers and other stakeholders
• Organizations, forums and alliances related to Calcium Carbide distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Calcium Carbide manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Calcium Carbide market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
30 million tonnes
Market size Volume in 2032
48 million tonnes
Growth Rate
CAGR of 4.90% from 2023 to 2032
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2032
Quantitative units
Demand in million tonnes and CAGR from 2023 to 2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade, Manufacturing Process.
Segments covered
By End-Use: (Acetylene, PVC Resins (Captive), Fertilizers, Iron & Steel Industry, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Calcium Carbide market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Calcium Carbide.
3. Capacity By Location
To better understand the regional supply of Calcium Carbide by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Calcium Carbide by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Acetylene, PVC Resins (Captive), Fertilizers, Iron & Steel Industry, and Others) are creating a market and the forecast for the growth of the Calcium Carbide market.
7. Demand by Region
Analyzing the change in demand of Calcium Carbide in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Calcium Carbide. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Calcium Carbide.
10. Company Share
Figure out what proportion of the market share of Calcium Carbide is currently held by leading players across the globe.
11. Country-wise Export
Get details about quantity of Calcium Carbide exported by major countries.
12. Country-wise Import
Get details about quantity of Calcium Carbide imported by major countries.
13. Manufacturing Process
Discover insights into the intricate manufacturing process of Calcium Carbide.
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into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was global market size of Calcium Carbide in terms of volume in 2022?
Ans:
The global market size of Calcium Carbide has reached approximately 30 million tonnes in 2022.
Q2.
Which industry is leading as a consumer of Calcium Carbide?
Ans:
Acetylene industry is the leading consumer of Calcium Carbide, which consumed roughly 50% of the global Calcium Carbide market in 2022.
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