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A rise in demand for plastic products are expected to drive innovation in calcium carbide manufacturing, thus driving the market during the forecast period.

The global calcium carbide market is expected to grow from $15.36 billion in 2022 to $16.46 billion in 2023, at a compound annual growth rate (CAGR) of 7.1%. The calcium carbide market size is expected to grow to $20.72 billion in 2027 at a CAGR of 5.9%.

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Global Calcium Carbide Market Segments Include:

• By Application:Acetylene Gas, Calcium Cyanamide, Reducing and Dehydrating Agents, Desulfurizing and Deoxidizing Agents, Other Applications
• By End-User:Chemical, Metallurgy, Pharmaceutical, Food, Other End-Users
• By Distribution Channel:Online, Offline
• By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global calcium carbide market in 2021.

Major Market Players in the calcium carbide market include AlzChem, Carbide Industries LLC, DCM Shriram Ltd., Denka Company Limited, Inner Mongolia Biayanhu Chemical Co. Ltd., Iran Carbide, KC Group, Lonza Group Ltd.

The advancement of production technologies is a key trend gaining popularity in the calcium carbide market. Production technologies improve productivity by applying new technologies to reduce human effort and production time. For instance, in January 2020, the Germany-based chemicals company AlzChem Group introduced CacliPro to the Russian steel industry. CalciPro is highly effective for the calcium treatment of molten steel and provides enhanced casting ability and mechanical qualities of finished steel products.

The Calcium Carbide Global Market Report 2023  provides a calcium carbide market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The calcium carbide market forecast analyzes calcium carbide market size, calcium carbide market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Calcium carbide (CaC2) is a crystalline, dark-gray chemical substance made industrially by combining lime and coke at a temperature of around 2200 °C. When calcium carbide is combined with water, acetylene gas and calcium hydroxide are produced. Acetylene gas is widely utilized as a raw material in the production of a variety of organic compounds, as well as a fuel component in metal cutting and the manufacturing of a variety of polymers.

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