This report is based on the latest economic data, and it presents comprehensive and detailed insights regarding the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, and margins. It is a must-read for all entrepreneurs, investors, consultants, researchers, business strategists, and those with any form of stake in the calcium carbide industry.
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Calcium carbide, also called calcium acetylide, represents a chemical compound with the chemical formula CaC2. The pure chemical is colorless, but technical-grade calcium carbide can be grey or brown in color. Calcium carbide is industrially used in the manufacturing of calcium cyanamide and acetylene gas. It is also utilized in steelmaking and in the production of acetylene, various chemicals, fertilizers, etc.
The reaction of calcium carbide with water produces acetylene and calcium hydroxide. In line with this, the rising demand for acetylene in industrial applications is primarily driving the calcium carbide market. In addition to this, calcium carbide reacts with nitrogen at high temperatures to produce calcium cyanamide, which has extensive applications in the agricultural sector as a fertilizer. This, in turn, is also augmenting the market growth.
Furthermore, the growing product usage in marine applications, such as in the production of self-igniting signal flares, is acting as another significant growth-inducing factor. Apart from this, the elevating requirement for polyvinyl chloride in the chemical industry is also bolstering the global market. Moreover, the expanding product utilization as a mole repellent and to determine the moisture content of the soil is anticipated to fuel the calcium carbide market over the forecasted period.
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Other Production Cost Analysis Reports by Syndicated Analytics:
Citric Acid Production Cost Analysis – http://bit.do/fRvo6
Chlorosilanes Production Cost Analysis – http://bit.do/fRvo9
Epichlorohydrin Production Cost Analysis –http://bit.do/fRvpc
Chlorine Production Cost Analysis – http://bit.do/fRvpd
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