The Europe Calcium Carbide Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 820.87 kilo tonnes, showcasing a growth of 3.7% (2019-2022).
In the pharmaceutical industry, it finds niche applications primarily as a source of acetylene gas, which is utilized in the synthesis of various pharmaceutical intermediates and active ingredients. Acetylene gas derived from this serve as a versatile starting material for the production of organic compounds. Therefore, the Italy market consumed 59.51 kilo tonnes, calcium carbide in 2022.
The Germany market dominated the Europe Calcium Carbide Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $337.5 Million by 2030. The UK market is exhibiting a CAGR of 4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 4.9% during (2023 - 2030).
The increasing demands of the construction, automotive, and infrastructure sectors are propelling the growth of the steel industry. Steel is utilized in the construction industry to construct roads, buildings, bridges, and other infrastructure projects.
Moreover, the automotive industry also relies heavily on steel for vehicle production. As urbanization and industrialization continue to drive the growth of these sectors, the steel demand is expected to increase, leading to a corresponding increase in the demand for it.
Swiss healthcare spending reached 11.9% of GDP in 2020, according to the OECD, with per capita spending on healthcare higher than any other European country. This high spending reflects Switzerland's commitment to providing high-quality healthcare services to its population. The high per capita spending on healthcare suggests that Switzerland has a well-developed healthcare system with access to advanced medical technologies and treatments.
Free Valuable Insights: The Global Calcium Carbide Market will Hit USD 17.1 Billion by 2030, at a CAGR of 4.8%
Based on End-User, the market is segmented into Chemicals, Metallurgy, Pharmaceutical, Food, and Others. Based on Application, the market is segmented into Acetylene Gas, Calcium Cyanamide, Reducing & Dehydrating Agent, Desulfurizing & Deoxidizing Agent, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By End-User (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 