The Latin America, Middle East and Africa Calcium Carbide Market would witness market growth of 5.8% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 1,473.22 kilo tonnes, showcasing a growth of 5.7% (2023-2030).
In metallurgy, it serves various crucial functions, primarily as a powerful desulfurizing and deoxidizing agent during steelmaking processes. When added to molten steel, calcium carbide reacts with sulfur impurities, forming calcium sulfide, which is then easily removed, leading to cleaner and higher-quality steel. Thus, The South Africa market consumed 133.59 kilo tonnes, calcium carbide in 2022.
The Brazil market dominated the LAMEA Calcium Carbide Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $259 Million by 2030. The Argentina market would register a CAGR of 6.6% during (2023 - 2030). Additionally, The UAE market is showcasing a CAGR of 6.8% during (2023 - 2030).
One key driver of the market is the growing demand for acetylene gas, which is produced by reacting this with water. Acetylene gas is widely used in various industries, including metal fabrication, welding, and chemical synthesis.
Additionally, another factor driving the growth of the market is the increasing demand for steel, particularly in emerging economies. Calcium carbide is used in steel production as a desulfurizing agent, helping to remove sulfur impurities from the molten steel.
According to the Food and Agriculture Organization of the United Nations, in 2022, Colombia imported 5495 tonnes of mangoes. It also exported 5717 and 238 tonnes of pineapples and papayas, respectively 2022. The expanding food sector in the LAMEA region, driven by population growth, urbanization, and changing consumer preferences, has increased the demand for fruits and vegetables.
Free Valuable Insights: The Worldwide Calcium Carbide Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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)
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