Calcium Carbide Market Latest Innovations by Top Manufacturers: AlzChem, PT Emdeki Utama Tbk, Denka Company Limited, Carbide Industries LLC, KC Group, American Elements Forecast till 2025

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Calcium Carbide Market Latest Innovations by Top Manufacturers: AlzChem, PT Emdeki Utama Tbk, Denka Company Limited, Carbide Industries LLC, KC Group, American Elements Forecast till 2025

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The global calcium carbide market is expected to grow at a healthy CAGR of 5.6%. One of the main drivers for this is the increasing demand and production of steel in the world. According to World Steel Association estimates, in 2018, crude steel production reached 1,808.6 million tons globally. Moreover, the worldwide demand for steel is projected to reach 1,681 million tons in 2019, which will substantially expand the global calcium carbide market size in the forecast period. Calcium carbide is a crucial component in the production of steel as the compound is used as a desulfurizing and reducing agent. Thus, rising steel production, especially in China, Japan, and India will cause a spike in the global calcium carbide market demand. For more information in the analysis of this report, visit: – PowerPoint PPT presentation

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Title: Calcium Carbide Market Latest Innovations by Top Manufacturers: AlzChem, PT Emdeki Utama Tbk, Denka Company Limited, Carbide Industries LLC, KC Group, American Elements Forecast till 2025


1
Calcium Carbide Market Size, Share Industry
Analysis, By Application (Acetylene Gas, Calcium
Cynamide, Reducing Dehydrating Agents, Steel
Making, Others), By End User (Chemicals, Steel,
Others), and Regional Forecast, 2019-2026
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Published Date April 2019 Report Format PDF
Region Global Base Year 2018
2
Calcium Carbide Market Size, Share Industry
Analysis, By Application (Acetylene Gas, Calcium
Cynamide, Reducing Dehydrating Agents, Steel
Making, Others), By End User (Chemicals, Steel,
Others), and Regional Forecast, 2019-2026
Report Highlights The global calcium carbide
market is expected to grow at a healthy CAGR of
5.6. One of the main drivers for this is the
increasing demand and production of steel in the
world. According to World Steel Association
estimates, in 2018, crude steel production
reached 1,808.6 million tons globally. Moreover,
the worldwide demand for steel is projected to
reach 1,681 million tons in 2019, which will
substantially expand the global calcium carbide
market size in the forecast period. Calcium
carbide is a crucial component in the production
of steel as the compound is used as a
desulfurizing and reducing agent. Thus, rising
steel production, especially in China, Japan, and
India will cause a spike in the global calcium
carbide market demand. In its report, titled
Calcium Carbide Market Size, Share Industry
Analysis, By Application (Acetylene Gas, Calcium
Cynamide, Reducing Dehydrating Agents, Steel
Making, Others), By End User (Chemicals, Steel,
Others), and Regional Forecast, 2019-2026,
Fortune Business Insights projects the global
calcium carbide market value will reach USD 20.55
billion by 2026 from its current value of USD
13.39 billion. The report also contains a
detailed evaluation of the factors and dynamics
that will influence the market in the forecast
period.
3
Calcium Carbide Market Size, Share Industry
Analysis, By Application (Acetylene Gas, Calcium
Cynamide, Reducing Dehydrating Agents, Steel
Making, Others), By End User (Chemicals, Steel,
Others), and Regional Forecast, 2019-2026
Rising Acetylene Production to Propel the Global
Calcium Carbide Market Growth Calcium carbide
(CaC2) is a chemical compound that is widely used
across different manufacturing industries. It is
primarily used in the production of acetylene gas
which is used in torches for cutting and welding.
In China, calcium carbide is the central
ingredient in the production of polyvinyl
chloride (PVC). Acetylene is in high demand for
its diverse applicability in various
manufacturing processes such as making of plastic
and synthetic rubber, pharmaceuticals, and
oxyacetylene welding. Furthermore, acetylene is
also being utilized in various consumer products
such as lotions, hairsprays, and sunscreens. The
global calcium carbide market revenue will get a
boost owing to the widespread demand for
acetylene and its derivatives. Economic
Feasibility of Producing PVC Using Calcium
Carbide to Fuel the Market Polyvinyl chloride
(PVC) produced using calcium carbide is seen as
both economically viable and environmentally less
harmful. This is mainly because the use of
petroleum or natural gas can be avoided, which
bodes well for the global calcium carbide market
as world faces mounting environmental concerns.
Calcium carbide also lowers the molecular weight
of PVC and helps make more durable plastic.
Browse Complete Report Details https//www.fortu
nebusinessinsights.com/industry-reports/calcium-ca
rbide-market-101580
4
Calcium Carbide Market Size, Share Industry
Analysis, By Application (Acetylene Gas, Calcium
Cynamide, Reducing Dehydrating Agents, Steel
Making, Others), By End User (Chemicals, Steel,
Others), and Regional Forecast, 2019-2026
  • Top Players Mentioned
  • Fortune Business Insights profiles some of the
    key players in the global calcium carbide market
  • AlzChem
  • PT Emdeki Utama Tbk
  • Denka Company Limited
  • Carbide Industries LLC
  • KC Group
  • American Elements
  • Lonza
  • DCM Shriram Ltd.
  • Inner Mongolia Baiyanhu Chemical Co., Ltd.
  • APH - Regency Power Group

5
Calcium Carbide Market Size, Share Industry
Analysis, By Application (Acetylene Gas, Calcium
Cynamide, Reducing Dehydrating Agents, Steel
Making, Others), By End User (Chemicals, Steel,
Others), and Regional Forecast, 2019-2026
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a granular overview of the market they are
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help companies achieve sustainable growth. Our
team of experienced analysts and consultants use
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