Calcium Carbide Market - Forecasts from 2025 to 2030

Calcium Carbide Market - Forecasts from 2025 to 2030

The calcium carbide market is estimated at US$18.314 billion in 2025 and is anticipated to grow at a CAGR of 3.19% during the forecast period and reach US$21.431 billion in 2030.

Calcium carbide is a grayish-black solid compound of chemistry that reacts with water to give acetylene gas (C?H?) and calcium hydroxide. The most widespread use of calcium carbide these days is in the industrial production of acetylene, a major fuel in welding and metal cutting, and as a precursor in the chemical synthesis of organic compounds in general. Other uses of calcium carbide are in the manufacture of calcium cyanamide important source of nitrogen fertilizer in the desulfurization of iron.

In addition, the demand for calcium carbide is anticipated to grow, owing to the increase in the steel sector.

The increasing investment in the construction and automotive sectors is fuelling the demand for steel, which is propelling the calcium carbide market growth. For instance, according to the National Bureau of Statistics of China, the total value added to the industrial sector in 2023 was 39,910.3 billion yuan, which was 4.2% higher than in 2022. Similarly, the value added of construction enterprises was 8,569.1 billion yuan in 2023, which was 7.2% higher compared to 2022.

Similarly, according to the U.S. Department of Commerce, the total construction spending in the United States in July 2024 was US$2,162.7 billion, which was 6.7% higher than that of 2023, where the construction spending was US$2,027.4 billion. Hence, with the growing application of calcium carbide in various end-use sectors, the market for calcium carbide is expected to grow substantially in the projected period.

Calcium carbide market drivers

The growing demand for acetylene and acetylene derivatives is expected to impact the market for calcium carbide in the forecasted period. Acetylene is used in producing various chemicals, and its derivatives are used in producing resin, fiber, and polymer, among others. Furthermore, the use of acetylene in the rubber, dye, pharmaceutical, and plastic sectors is expected to impact the calcium carbide market in the projected period.
The growing plastic sector is anticipated to boost the demand for calcium carbide in the coming years. For instance, according to the Indian Brand Equity Foundation (IBEF), there are currently 50,000 plastic-producing industries in the country, most of which are micro, small, and medium enterprises (MSMEs). Moreover, these plastic industries in India are expected to contribute INR3.5 lakh crore (or USD42.89 billion) to the Indian economy.

Calcium carbide market geographical outlook
The Asia Pacific region is anticipated to hold a significant share in the coming years.

The Asia Pacific region is expected to grow at a noteworthy rate due to the propelling steel and chemical manufacturing industry in countries such as India and China. China is one of the major producers of crude steel. According to the World Steel Association, crude steel production in China was 90.2 million tons in May 2023 and grew to 92.6 million tons in May 2024. Additionally, the rising production of PVC in the region is expected to positively influence the market for calcium carbide in the forecasted period. Similarly, the North American region is anticipated to grow in the coming year due to increased demand for chemicals and steel in various end-use industrial sectors.

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Report Coverage:

Historical data & forecasts from 2022 to 2030
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
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The Calcium Carbide market is segmented and analyzed as follows:

By Application:

Acetylene Gas
Calcium Cyanamide
Reducing and Dehydrating Agent
Desulfurizing and Deoxidizing Agent
Others

By End-Use Industry:

Chemical
Metalluary
Others

By Geography:

North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
Japan
China
India
South Korea
Indonesia
Thailand
Others