Global Calcium Carbide Market 2020-2024 | Rising Demand for Calcium Cyanamide to Boost Growth | Technavio
View the full release here: https://www.businesswire.com/news/home/20191205005534/en/
The global calcium carbide market is expected to post a CAGR of close to 7% during the period 2020-2024, according to the latest market research report by Technavio. Request a free sample report
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191205005534/en/
Technavio has announced its latest market research report titled global calcium carbide market 2020-2024. (Graphic: Business Wire)
PVC is primarily manufactured through the reaction of calcium carbide, ethylene, and dichloroethane. Various industrial sectors including automotive, construction, electronics, and packaging are deploying PVCs as they are lightweight and offer superior abrasion resistance as well as mechanical strength. In addition, PVC is also used in pipes and fittings, rigid plates, rigid films and automotive parts due to its fire retardance and oil resistance. Thus, the growing demand for polyvinyl chloride (PVC) from end-user industries will drive the calcium carbide market growth.
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40209
As per Technavio, rising demand for calcium cyanamide will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2020-2024.
Global Calcium Carbide Market: Rising Demand for Calcium Cyanamide
Calcium cyanamide is increasingly being used as one of the most prominent fertilizers in the agriculture industry. It is nitrogen-based agricultural chemical used for protecting crops from a wide range of harmful insects and weeds. In addition, it prevents yield and quality losses during tight crop rotations. Thus, the rising global demand for fertilizers is anticipated to increase the demand for calcium cyanamide, in turn, boosting the growth of calcium carbide market during the forecast period.
“Increase in steel production, rising demand for acetylene, and growing demand for consumer goods are few other factors that will further boost the calcium carbide market growth during the forecast period”, says a senior analyst at Technavio.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform
Global Calcium Carbide Market: Segmentation Analysis
This market report segments the global calcium carbide market by application (acetylene production, reducing and dehydrating agent, steelmaking, calcium cyanamide production, and others) and geography (APAC, Europe, MEA, North America, and South America).
APAC led the market in 2019, followed by Europe, North America, South America, and MEA respectively due to the rising usage of calcium carbide in the food and beverage sector as well as the steel production industry in India and China. The region will contribute highest incremental growth in the market owing to increasing usage of calcium carbide in agricultural fertilizers.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Customer Landscape
Geographical Segmentation
- Geographic comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Vendor classification
- Market positioning of vendors
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191205005534/en/