Expert Market Research Explores the Top 5 Companies in the Global Calcium Carbide Market

The global calcium carbide market is expected to grow at a CAGR of about 4.6% in the forecast period of 2023-2028. As per the analysis by Expert Market Research, the market is expected to be driven by the increased use of acetylene gas in versatile applications.

The development of the steel industry will increase demand for a compound used in the steel manufacturing process, propelling the market forward. Acetylene is produced mainly from calcium carbide, and it is used to make a variety of resins, organic chemicals, plastics, and metal cutting and welding of oxyacetylene. In metallurgical processes, calcium carbide is frequently used as a dehydrating, reducing, and desulfurising agent. Calcium carbide is in high demand in industries like PVC and metallurgy, propelling the market forward.

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The Asia Pacific is among the fastest-growing areas for calcium carbide, and the region will continue to offer significant players growth opportunities over the forecast period. Factors such as increased steel production and the growth of the food and beverage industry in China, and an increasing number of agricultural sustainability projects across the region, particularly in India, are driving the calcium carbide market in the Asia Pacific forward. During the forecast period, the Asia Pacific region will account for more than 90% of demand growth. The region is expected to witness higher growth in the coming years as compared to other regions.

Top 5 Calcium Carbide Companies in the World:

Carbide Industries LLC

Carbide Industries LLC is part of the industrial chemical manufacturing industry and is the largest producer of calcium carbide in North America. The company has 150 total employees across all of its locations and generates USD 99.52 million in sales. The company also provides value-added services, including safety training, technical support, logistics management, inventory control, and flexible packaging choices.

Denka Company Limited

Denka Company Limited was established to produce calcium carbide and chemical fertilisers by utilising abundant limestone resources and its in-house electric power plants. The company has become a unique chemical manufacturer involved in producing and distributing a wide range of chemical products. The company specialises in elastomers and performance plastics, infrastructure and inorganic materials, electronic and innovative products, and biotechnology.

AlzChem Group AG

AlzChem Group AG has positioned itself in the world of specialty chemistry for global markets. The company has around 1,630 employees and annual revenue of more than 376 million euros. AlzChem continues to focus on NCN chemistry products with the typical nitrogen-carbon-nitrogen bonds developed in Trostberg, which have a wide range of uses. AlzChem's networked production structure creates a robust and effective value chain for the pharmaceutical, food, and agriculture industries focused on metallurgical additives, fertilisers, and essential intermediate products.

Inner Mongolia Baiyanhu Chemical Co. Ltd

Inner Mongolia Baiyanhu Chemical Limited Liability Company is a private enterprise engaged in calcium carbide manufacturing. Currently, the company has ten sets of 40500KVA full seal calcium carbide furnaces in operation. The company produces 800,000 tonnes of calcium carbide each year. The company's annual sales revenue exceeds 1.7 billion Yuan, and the total value of the company's assets exceeds 1.3 billion Yuan.

MCB Industries Sdn. Bhd.

MCB Industries Sdn. Bhd. is the leader in calcium carbide and lime production in Malaysia. MCB Industries Sdn. Bhd operates a fully integrated plant that uses the most modern technology. The plant includes two Calcium Carbide Furnaces with a monthly capacity of 3600 tonnes and a modern Lime Kiln with a monthly capacity of 7500 tonnes of quicklime. The company had also expanded its business to include the production of acetylene gas, quicklime powder, and putty lime.