The global demand for Acetylene Gas Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026.
Acetylene gas is a colourless flammable gas that is generated with the combination of calcium carbonate and water. It can also be produced using hydrocarbons such as coal, crude oil and naphtha and becomes highly explosive when it is liquified, compressed, heated or mixed with air. This gas is generally used as an intermediate for the producing of chemicals and cutting and welding functions in metalworking applications. It is also used for the manufacturing of acetylic alcohols and commercial dry-cell batteries and finds wide applications across various industries, including chemical, automotive, transportation, aerospace and pharmaceutical.
Rapid industrialization across the globe and noteworthy growth in the chemical industry represent as the key driving factor of the market. Due to its high flame-temperature properties, acetylene gas is widely used for various metalworking applications. Furthermore, acetylene gas is also utilized for the synthesis of various chemicals, such as acetic anhydride, acetic acid and acetaldehyde. Apart from this, it finds applications in the glass and materials processing industries for carbon coating as it helps in creating lubrication between the material surfaces. Other factors, including growing research and development (R&D) activities focused on generating the gas from biogas and other bio-based fuels, are also providing a boost to the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of acetylene gas.
The entire acetylene gas market has been sub-categorized into production method, application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Production Method
- Calcium Carbide
- Hydrocarbon Pyrolysis
- Chemical Synthesis
- Welding and Cutting
- Metal Fabrication
This section covers regional segmentation which accentuates on current and future demand for acetylene gas market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Acetylene Gas Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the acetylene gas market include Airgas, BASF SE, China Petroleum and Chemical Corporation, Gulf Cyro, Hebei Xingyu Chemical Co. Ltd., Ilmo Products Company, Linde Aktiengesellschaft, Praxair Inc., Shandong Xinlong Group Co. Ltd., Suzhou Jinhong Gas Co. Ltd., The Dow Chemical Company, Toho Acetylene. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.