In North America, Calcium Carbide Price fell in the first quarter of 2022 due to dwindling demand from the downward PVC and deoxidizers market. The number of inventories increased moving into Q1, and power deficit situations further supported the downward pricing trend in North America. However, high production cost in the market was attributed primarily to the global energy crisis that led to the curtailed production rates at the production facilities in the US region. In the USA, the price of Calcium Carbide went down to USD 1500/ton FOB in March, with an overall decrease of 11.2% in Q1 2022.
Global Calcium Carbide Market size is forecast to reach around $18 billion by 2025, after growing at a CAGR of 5.1% during 2020-2025. The demand for Calcium Carbide is growing due to its superior mechanical properties that meet today’s most demanding thermal, mechanical, and electrical performance requirements across various applications.
World trade was already slowing in 2019 before COVID 19 outbreak, weighed down by trade tensions and slowing economic growth, such as uncertainty generated from Brexit, the U.S.-China trade war, the Japan-South Korea trade war.
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Some of the prominent players in calcium market are Solvay S.A., Huber Engineered Materials, Tetra technologies, Aditya Birla Chemicals, Gujarat Alkalies and Chemical Limited, Sameer Chemicals, Occidental Chemical Corporation
Acetylene gas is produced through the combination of calcium carbide and water through which acetylene gas and calcium carbonate are produced. It is a highly flammable gas which can also be produced from hydrocarbon sources such as naphtha, crude oil and coal.
Bharat Book Bureau provides the report, on “Market Research Reports on China Coke Industry [2010-2019]” The report provides a basic overview of The Coke is widely used as reductant and fuel in blast furnace ironmaking, cupola ironmaking, ferroalloy smelting and non-ferrous metal smelting as well as in calcium carbide production, gasification and synthetic chemistry as raw material.
The Acetylene Gas market size is forecast to reach US$8.2 billion by 2027, after growing at a CAGR of 5.5% during 2022-2027. Acetylene is a highly flammable, colorless and lighter gas, widely used as fuel and a chemical building block. Acetylene gas is unstable in pure form so usually maintain as a solution. Acetylene is a compound of carbon and hydrogen known as hydrocarbon and is also the simplest alkyne. Acetylene is mainly produced by the hydrocarbon pyrolysis method and is also commercially generated by the chemical reaction between calcium carbide and water. Acetylene gas is used as an intermediate for the manufacturing of chemicals and also in brazing, soldering, cutting and welding functions in metal fabrication applications. It is also used across various end-use industries, including chemical, automotive, aerospace and pharmaceutical.
Acetylene demand in the America’s remained dampened during Q3 2020. Operations at the BASF's Geismar, Louisiana, petrochemical plant remained affected by the production outages caused due to Hurricane Laura, although with limited impact over the overall margins. The company’s Geismar Acetylene site holds the capacity of 130 tonnes per annum.
Calcium Carbide market in North America remained moderately strong, as the demand from downstream sectors was deemed low, however the prices showed marginal increment due to short supply.
The global Limestone market is forecasted to grow at a rate of 6.1% from USD 6.46 billion in 2019 to USD 9.98 billion in 2027. Growing demand from the construction and agricultural sectors is expected to boost the global lime market in the coming years.
The U.S. has one of the biggest waste water treatment plant of the world including Stickney water reclamation plant, Deer Island plant and Blue Plains advanced wastewater treatment plant. Increasing Nano boron carbide application scope in military owing to its growing use in ceramic body armor manufacturing.
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Marketreportsonchina.com presents a report on “Research Report on China Coke Industry 2010-2019”. http://www.marketreportsonchina.com/food-beverages-market-research-reports-3738/china-coke.html Currently, coke production in China could be classified into commercial machine-made coke manufacturer and coke manufacturers of large steel enterprises.
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Global Acetylene Market has shown considerable growth as it reached 1.9 million tonnes in 2020 and is expected to achieve a healthy CAGR of 4.10% during the forecast period until 2030.
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: https://www.fortunebusinessinsights.com/industry-reports/calcium-carbide-market-101580