Press Release

Global Acetylene Market by 2024: Global Industry Report with Manufacturers, Size, Regions, Trends, Challenges

Acetylene

The report provides an overview of the “Acetylene Market industry including definitions, division, key vendors, key Development and market challenges. The Acetylene Market analysis is provided the international markets including development trends, competitive landscape analysis, and key regions development status

Through the statistical analysis, the report depicts the global Acetylene Market including capacity, production, production value, cost/profit, supply/demand and import/export. The entire market is further distributed by company, by country, and by application/type for the competitive landscape analysis.

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The global acetylene market is expected to record a CAGR of over 2.5% during the forecast period 2019-2024. The major factor driving the market studied is the growing demand from the power and chemical industry. However, environmental regulations are expected to hinder the growth of the market studied.

– The Metalworking Industry dominated the market in 2018, and it is expected to experience growth during the forecast period, owing to the increasing metal working activities across the world.
– Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China and India.

The Acetylene Market report also presents the vendor countryside and a corresponding detailed analysis of the major vendors operating in the market. Acetylene Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.

  • BASF SE
  • CHENGDU XINJU CHEMICAL CO.
  • LTD.
  • Gulf Cryo
  • ILMO Products Company
  • Linde
  • Praxair Technology

    Key Market Trends

    Metalworking Industry to dominate the market

    – Acetylene is chiefly used for oxyacetylene cutting, heat treating, and welding. Bulk acetylene is also used as a raw material in the chemicals processing industry for the production of organic compounds, including acetaldehyde, acetic acid, and acetic anhydride.
    – Due to its triple bond structure, acetylene has the highest flame temperature. Acetylene achieves a flame temperature of 3090°C (5594°F), releasing 54.8 kJ/liter of energy when it undergoes combustion with oxygen. This highest flame temperature allows acetylene usage in metalworking applications like cutting, welding, soldering, brazing.
    – The above-mentioned applications of acetylene are used in many end-user industries like Automotive, Aerospace, metal fabrication, Pharmaceutical, Glass, and Others.
    – With the growing metalworking applications, the market for acetylene is projected to increase over the forecast period.

    Asia-Pacific Region to Dominate the Market

    – Asia-Pacific dominated the global market share in 2018. With growing transportation activities in countries such as China and Japan, the usage of acetylene (metalworking) is increasing in the region.
    – The total number of vehicles produced in China, in 2018 was 27,809,196 units, showing the highest number globally. And the number of vehicles produced in Japan was 9,728,528 units in 2018. India has seen an increase of 8% in the vehicle’s production from the year 2017 that is 4,782,896 units to 5,174,645 units in 2018.
    – Acetylene is also used to produce many essential chemicals such as; Vinyl chloride monomer, Acrylonitrile, Vinyl acetate, Vinyl ether, Acetaldehyde, 1,2-Dichloroethane, 1,4-Butynediol, Acrylate esters, Polyacetylene, and Polydiacetylene, among others. As Asia-pacific has a most significant market for the chemical industry as well, which shows an enormous scope for acetylene market
    – With the growing automotive and chemical industries in the region, the market for acetylene is likely to surge over the forecast period.

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    Reasons to Purchase this Report

    • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
    • Study on product type and application expected to dominate the market.
    • Study on regions expected to witness fastest growth during the forecast period.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • 3 months’ analyst support along with the Market Estimate sheet (in excel).

    Detailed Table of Content of Global Acetylene Market – Growth, Trends, Forecast and Challenges (2019 – 2024)

    1. Introduction

    1.1 Study Deliverables

    1.2 General Study Assumptions

    2. Research Methodology

    2.1 Introduction

    2.2 Analysis Methodology

    2.3 Study Phases

    2.4 Econometric Modelling

    3. Executive Summary

    4. Market Overview and Trends of Acetylene Market

    4.1 Introduction

    4.2 Market Trends

    4.3 Porter’s Five Force Framework

    4.3.1 Bargaining Power of Suppliers

    4.3.2 Bargaining Power of Consumers

    4.3.3 Threat of New Entrants

    4.3.4 Threat of Substitute Products and Services

    4.3.5 Competitive Rivalry within the Industry

    5. Market Dynamics of Acetylene Market

    5.1 Drivers

    5.1.1 Increasing Production

    5.1.2 Rising Demand

    5.2 Restraints

    5.3 Opportunities

    6. Global Acetylene Market Segmentation, By Capacity

    7. Global Acetylene Market Segmentation, By Material Type

    7.1 Type 1

    7.2 Type 2

    7.3 Type 3

    8. Global Acetylene Market Segmentation, Segmented by Region

    8.1 North America

    8.1.1 United States

    8.1.2 Canada

    8.1.3 Rest of North America

    8.2 Asia-Pacific

    8.2.1 China

    8.2.2 Japan

    8.2.3 India

    8.2.4 Rest of Asia-Pacific

    8.3 Europe

    8.3.1 United Kingdom

    8.3.2 Germany

    8.3.3 France

    8.3.4 Russia

    8.3.5 Rest of Europe

    8.4 Rest of the World

    8.4.1 Brazil

    8.4.2 South Africa

    8.4.3 Others

    9. Competitive Landscape and Introduction of Acetylene Market

    9.1 Introduction

    9.2 Market Share Analysis

    9.3 Developments of Key Players

    10. Key Vendor Analysis (Overview, Products & Services, Strategies)

    10.1 Company 1

    10.2 Company 2

    10.3 Company 3

    11. Disclaimer

    And Many More….

    No. of Pages: – 115

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