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Acetylene Market Size 2019 – Growing Demand Status of Top Manufacturers with Industry Share, Size, Projection, Consumption Forecast to 2024

Acetylene

The “Acetylene Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Acetylene market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Acetylene market is provided in detail in the report.

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Acetylene Market Covers Key Players:

  • BASF SE
  • CHENGDU XINJU CHEMICAL CO.,LTD.
  • Gulf Cryo
  • ILMO Products Company
  • Linde
  • Praxair Technology, Inc.
  • SINOPEC
  • Suzhou Jinhong Gas Co, Ltd.
  • Toho Acetylene Co., Ltd.
  • Xinglong group
  • xinju chemical

    Market Overview:

  • 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.<

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Acetylene Market opportunities and recommendations for new investments

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    Scope of the Report:

  • This report studies the global Acetylene market size, industry status and forecast, competition landscape and growth opportunity.

    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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    Detailed TOC of Acetylene Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Continuous demand in metal working industries across the globe
    4.1.2 Raising demand in chemical production
    4.1.3 Other Drivers
    4.2 Restraints
    4.2.1 Stringent Environment Regulations
    4.2.2 Harmful effects of Acetylene at higher concentrations
    4.2.3 Other Restraints
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Application
    5.1.1 Metal Working
    5.1.2 Chemical Raw Materials
    5.1.3 Lightening
    5.1.4 Others
    5.2 Geography
    5.2.1 Asia-Pacific
    5.2.1.1 China
    5.2.1.2 India
    5.2.1.3 Japan
    5.2.1.4 South Korea
    5.2.1.5 Rest of Asia-Pacific
    5.2.2 North America
    5.2.2.1 United States
    5.2.2.2 Canada
    5.2.2.3 Mexico
    5.2.3 Europe
    5.2.3.1 Germany
    5.2.3.2 United Kingdom
    5.2.3.3 Italy
    5.2.3.4 France
    5.2.3.5 Rest of Europe
    5.2.4 South America
    5.2.4.1 Brazil
    5.2.4.2 Argentina
    5.2.4.3 Rest of South America
    5.2.5 Middle East & Africa
    5.2.5.1 Saudi Arabia
    5.2.5.2 South Africa
    5.2.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 BASF SE
    6.4.2 CHENGDU XINJU CHEMICAL CO.,LTD.
    6.4.3 Gulf Cryo
    6.4.4 ILMO Products Company
    6.4.5 Linde
    6.4.6 Praxair Technology, Inc.
    6.4.7 SINOPEC
    6.4.8 Suzhou Jinhong Gas Co, Ltd.
    6.4.9 Toho Acetylene Co., Ltd.
    6.4.10 Xinglong group
    6.4.11 xinju chemical

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 opportunities

     

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