How big is the Calcium Carbide Market | Size, Trends & Regional Insights 2025

Q: How big is the calcium carbide market?

The calcium carbide market was estimated at USD 18 billion in 2024 and is projected to reach USD 25 billion by 2031.

Q: What is driving the growth of the calcium carbide market?

Growth in steelmaking, acetylene demand, and agrochemical applications are major drivers.

Q: Who are the major players in the calcium carbide industry?

Key players include Albemarle, Carbide Industries, Denka, and Inner Mongolia Baiyanhu Chemical.

Q: What is the expected market growth rate?

The market is projected to grow at a CAGR of 6.7% between 2025 and 2031.

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Code: MTA5542

Publication Date: Jul 2025

What is the size of the Calcium Carbide Market?

According to 6Wresearch internal database and industry insights, the Global Calcium Carbide Market was estimated at USD 18 billion in 2024 and is projected to reach USD 25 billion by 2031, growing at a CAGR of 6.7% during the forecast period 2025–2031.

Due to its wide use in the production of acetylene gas, demand from the steel industry for desulfurization, and growing usage in chemicals and fertilizers, the growth of market is predicted to rise in the forthcoming years.

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Key Growth Factors of the Calcium Carbide Market

Increasing demand for acetylene in welding and cutting applications
Rising steel production requiring calcium carbide for desulfurization
Use of calcium cyanamide derived from calcium carbide in fertilizers
Expanding chemical manufacturing sectors in Asia-Pacific
Infrastructure and construction sector growth driving acetylene use

Calcium Carbide Market Trends

The calcium carbide market is moving forward with the notable trends such as rising demand from metal fabrication industries for acetylene-based processes. Also, the calcium carbide is increasingly used as a reducing agent in chemical processes and in the synthesis of organic compounds. This market is also observing the shift towards high-purity carbide grades to meet performance standards in industrial applications.

Emerging Developments in the Calcium Carbide Market

Calcium carbide market is developing with the advancements in submerged arc furnace operations are improving energy efficiency and output. With the time, the manufacturers started adopting the cleaner production practices to meet environmental norms. In terms of region, asia-Pacific continues to dominate the market, with China being the largest producer and consumer of calcium carbide globally.