Calcium Carbide Market

Analysis by Application (Acetylene Gas, Calcium Cyanamide, Reducing & Dehydrating Agent, and Desulfurizing & Deoxidizing Agent); and by End-Use Industry (Chemicals, Metallurgy, Pharmaceutical, and Food) – Global Supply & Demand Analysis & Opportunity Outlook 2023- 2033

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Report ID: 4663 | Published On: Feb 24, 2023
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Global Calcium Carbide Market Size, Forecast, and Trend Highlights Over 2023 - 2033

The global calcium carbide market is estimated to garner a revenue of USD 22 billion by the end of 2033 by growing at a CAGR of ~5% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of USD 16 billion in the year 2022. Acetylene gas, which is employed to create polymers such as nylon 66, polyesters, and polyethylene terephthalate (PET), as well as other plastic products, is produced using calcium carbide, which is a frequently utilized component of the process. The increasing demand for plastic products, particularly PVC, nylon 66, and polyesters, can therefore be mostly attributed to market expansion. The global annual output of plastic has grown by around 230 times, i.e. from 2 million tonnes in 1950, reaching 460 million tonnes in 2019. The worldwide production of plastics was over 390 million metric tons in 2021, with a rise of 4% annually.

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Furthermore, it is anticipated that increased steel consumption across a number of industries will boost market growth. On account of its exceptional qualities, including durability and ductility, steel is mostly employed in the building and construction industry. It aids in the seismic resistance of buildings. The development of special railroads as a result of an increase in the number of high-speed trains in nations such as China, Japan, and India have increased the need for carbon steel. The need for crude steel is then anticipated to increase, propelling the calcium carbide market. Around 152 million tons (Mt) of crude steel were produced globally in September 2022, an increase of 4% from September 2021.

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Global Calcium Carbide Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2022)

~ USD 16 Billion

Forecast Year Market Size (2033)

~ USD 22 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Global Calcium Carbide Market: Growth Drivers and Challenges

Growth Drivers

  • Large Number of Earthquakes Taking Place - Earth is a dynamic planet, and earthquakes are constantly occurring somewhere. The National Earthquake Information Center actually tracks approximately 13,000 earthquakes annually. Calcium carbide is used in manufacturing steel, which is further expected to be utilized in constructing buildings. Owing to the growing risk of earthquakes and floods, the need for strong construction is demanding. Hence, the demand for calcium carbide is anticipated to increase over the forecast period.

  • Growing Usage of Fertilizers - Around 200 million metric tonnes of fertilizers are anticipated to be consumed globally in 2021. By 2021, rising crop prices would result in more need for calcium cyanamide as a fertilizer, a trend that has been particularly noticeable recently.

  • Growing Oil Industry - By 2045, it is anticipated that India's oil consumption will increase to approximately 10 million barrels per day.

  • Introduction of New Technologies - CacliPro was introduced to the Russian steel industry in January 2020 by the chemicals business AlzChem Group, based in Germany. In addition to improving the castability and mechanical properties of final steel products, CalciPro is very effective at adding calcium to molten steel.

  • Rising Production of PVC- It was predicted that the quantity of PVC production would rise from 42,931 thousand tons seven years ago to 55,715 thousand tons in 2022 across the globe.


  • Harmful Effects of Calcium Carbide on Health - Long-term exposure to calcium carbide could be damaging to a person's health. The fact that it contains phosphate and arsenic particles and produces acetylene gas when dissolved in water makes it particularly harmful when used to cure food. Arsenic and acetylene gas can affect many physiological processes and cause a variety of health problems, such as headaches, exhaustion, mood swings, seizures, and chronic hypoxia. Consequently, it is anticipated that this issue will impede market expansion.
  • Growing Environmental Awareness
  • Stringent Government Regulations

Market Segmentation

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.

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 2033, 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 calcium carbide market includes the following segments:

   By Application

  • Acetylene Gas
  • Calcium Cyanamide
  • Reducing & Dehydrating Agent
  • Desulfurizing & Deoxidizing Agent

    By End-Use Industry

  • Chemicals
  • Metallurgy
  • Pharmaceutical
  • Food

Global Calcium Carbide Market Regional Synopsis

The Asia Pacific calcium carbide market amongst the market in all the other regions is projected to hold the largest market share by the end of 2033. The market is expected to rise as a result of expanding steel output, increased production for PVC and other plastic derivatives, the expansion of China's food and beverage sector, and an increase in the number of agricultural green initiatives in this region, particularly in India. Throughout the projected period, the region will continue to provide significant businesses with growth prospects. China is the biggest producer of steel in the Asia Pacific region. China produced around 95 Mt of steel in 2021, up from about 5% in 2020, according to the World Steel Association. In comparison to other regions, the region is predicted to experience greater expansion in the forthcoming years.


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Top Featured Companies Dominating the Global Calcium Carbide Market

    Denka Company Limited

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
    • AlzChem Group AG
    • American Elements
    • Thermo Fisher Scientific Inc.
    • Carbide Industries LLC
    • Inner Mongolia Baiyanhu Chemical Co., Ltd.
    • Merck KGaA
    • Adani Enterprises Limited (AEL)
    • Mil-Spec Industries, Corp.
    • Santa Cruz Biotechnology, Inc.

In The News

  • April 2022: IBSRELA the first and only NHE3 inhibitor for the treatment of irritable bowel syndrome with constipation (IBS-C) in adults, has been made available by the biopharmaceutical company Ardelyx. The first Ardelyx product to receive approval from the US Food and Drug Administration is IBSRELA.
  • March 2022: Indegene a provider of technology-driven healthcare solutions, & meta Me Health, a maker of Regulora and a Prescription Digital Therapeutics (PDT) business, teamed up to offer Regulora as a remedy for irritable bowel syndrome-related stomach pain (IBS).

Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the calcium carbide market?

Ans: The major factors driving the growth of the market are large number of earthquakes taking place, growing usage of fertilizers, increase in production of steel, and others.

2) What would be the CAGR of calcium carbide market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023 – 2033.

3) What are the challenges affecting the calcium carbide market growth?

Ans: Harmful effects of calcium carbide on health, growing environmental awareness, and stringent government regulations are some of the major factors expected to hinder the rowth of the market.

4) Which region will provide more business opportunities for growth of calcium carbide market in future?

Ans: The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

5) Who are the major players dominating the calcium carbide market?

Ans: The major players in the market are Denka Company Limited, AlzChem Group AG, American Elements, Thermo Fisher Scientific, and more.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the calcium carbide market?

Ans: The market is segmented by application, end-use industry, and by region.

8) Which segment captures the largest market size in end-use industry in the calcium carbide market?

Ans: The chemicals segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.

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