What is Global Calcium Cyanamide Market?
The Global Calcium Cyanamide Market is a vast and complex entity, but let's break it down into simpler terms. Calcium Cyanamide is a chemical compound used in various industries, and its market operates on a global scale. The market's value was estimated at US$ 310.6 million in 2022, and it's projected to grow to US$ 367.7 million by 2029. This growth represents a Compound Annual Growth Rate (CAGR) of 2.4% from 2023 to 2029. Now, let's talk about the major players in this market. China holds the lion's share of the market, contributing about 64% of the total revenue. This is a significant percentage, indicating China's dominance in the Calcium Cyanamide industry. The largest manufacturer in this market is AlzChem, which holds about 13% of the total market revenue.
Calcium Cyanamide Granular, Calcium Cyanamide Powder in the Global Calcium Cyanamide Market:
Now, let's delve into the different forms of Calcium Cyanamide - Granular and Powder. Both forms have their unique uses and applications, and their demand varies based on the requirements of different industries. The granular form of Calcium Cyanamide is often preferred for its ease of handling and application. On the other hand, the powder form is favored for its quick and efficient dissolution in various processes. Both forms have a significant presence in the Global Calcium Cyanamide Market, contributing to its overall value and growth.
Fertilizer Industry, Pesticide Industry in the Global Calcium Cyanamide Market:
The Global Calcium Cyanamide Market finds its applications in several industries, notably the Fertilizer and Pesticide industries. In the Fertilizer Industry, Calcium Cyanamide is used as a nitrogen fertilizer. It is favored for its slow-release properties, which provide a steady supply of nitrogen to crops over a prolonged period. This helps in improving the yield and quality of crops. In the Pesticide Industry, Calcium Cyanamide is used in the production of various pesticides. It is valued for its effectiveness in controlling a wide range of pests and diseases. These applications in the Fertilizer and Pesticide industries significantly contribute to the demand and growth of the Global Calcium Cyanamide Market.
Global Calcium Cyanamide Market Outlook:
In conclusion, the Global Calcium Cyanamide Market is a dynamic and growing market. It is driven by its various applications in different industries and the increasing demand for Calcium Cyanamide in these industries. The market's growth is further fueled by the major players in the market, such as China and AlzChem. As we move forward, the Global Calcium Cyanamide Market is expected to continue its growth trajectory, contributing to the global economy and the industries it serves.
Report Metric | Details |
Report Name | Calcium Cyanamide Market |
Accounted market size in 2023 | US$ 310.6 million |
Forecasted market size in 2030 | US$ 367.7 million |
CAGR | 2.4% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | AlzChem, NCI, Denka, Jiafeng Chemical, Ningxia Sunnyfield Chemical, Darong Group, Gulang Xinmiao, Yinglite Chemical, Beilite Chemical, Shandong Efirm Biochemistry, Ningxia Baoma Chemical |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |