Calcium Carbide Market Analysis

Application (Acetylene Gas, Calcium Cyanamide, Reducing & Dehydrating Agent, Desulfurizing & Deoxidizing Agent)

The calcium carbide market is segmented and analyzed for demand and supply by application into acetylene gas, calcium cyanamide, reducing & dehydrating agent, and desulfurizing & deoxidizing agent. The acetylene gas segment is projected to hold the highest market share. The use of this colorless gas as a fuel and a component of chemicals is widespread. A variety of industrial and commercial uses calcium carbide for the manufacture of acetylene (C2H2). In addition, there has been surging use of dissolved acetylene gas for welding, that is further expected to boost the segment’s growth in the market. It is employed as a cylinder gas for the fabrication of metal, the production of synthetic rubber, the carburization of steel, the manufacture of glass, the brazing process, as a food preservation additive, and in the building industry. For instance, in the fiscal year from April 2021 to March 2022, India consumed 0.8 million metric tons of synthetic rubber, an increment of 17% over the prior fiscal year. Furthermore, it is also used as a feedstock to make vinyl chloride and polyurethane fibers, an intermediate in the production of antiseptics, tableted pharmaceuticals, and antiseptics, as well as to make acetic acid.

End-user (Chemicals, Metallurgy, Pharmaceutical, Food)

The global calcium carbide market is also segmented and analyzed for demand and supply by the end-use industry into chemicals, metallurgy, pharmaceutical, and food. Out of these, the chemicals segment is anticipated to garner the largest revenue by the end of 2037, backed by growing investments and applications in the chemical industry. In industrial settings, calcium carbide is generally used to produce acetylene and other chemical compounds. The chemical and metallurgical sectors both use it extensively. Moreover, it is used in the vinylation of biomass feedstocks as a producer of acetylene. When CaC2 is used as the catalyst (approximately 10%), up to 39%-56% of the overall product yield is attained. In addition, by 2025, it is anticipated that investments in the Indian chemicals and petrochemicals sector would total about USD 100 billion.

Our in-depth analysis of the global market includes the following segments: