The calcium carbide market growth is expected to reach a value of USD 19,997.11 Million by 2031, growing at a CAGR of 4.6% over the forecast period (2023-2031). The market is driven by the increasing demand for acetylene, a key derivative of calcium carbide, in various industries such as metalworking, chemicals, and lighting. However, the environmental concerns associated with calcium carbide production and the availability of alternative acetylene sources pose challenges to the market growth