Press release
Acetylene Market Predicted to grow at a CAGR of USD 7.34 billion By 2024 | Leading Market Players - Linde AG, Airgas, Toho Acetylene, Xinju Chemicals, Gulf Cyro, BASF, the Dow Company, SINOPEC, ILMO, Xinlong Group.
The Acetylene market is valued at USD 5.23 billion in 2018 and is expected to reach USD 7.34 billion by 2024 at a CAGR of 3.56% from 2018 to 2024.
Acetylene may be generated by the chemical reaction between calcium carbide and water. Acetylene may also be generated by raising the temperature of various hydrocarbons to the point where their atomic bonds break, or crack, in what is known as a thermal cracking process. Acetylene is highly explosive, it must be stored and handled with great care. When it is transported through pipelines, the pressure is kept very low and the length of the pipeline is very short.When acetylene must be pressurized and stored for use in oxy-acetylene welding and metal cutting operations, special storage cylinders are used. The cylinders are filled with an absorbent material, like diatomaceous earth, and a small amount of acetone. When acetylene is liquefied, compressed, heated, or mixed with air, it becomes highly explosive. As a result, special precautions are required during its production and handling.
Browse details of 97 number of pages research report developed on Acetylene Market Research Report @https://www.researchcosmos.com/reports/global-acetylene-market-survey-and-trends-research-industry-analysis-and-future-forecast-2018-to-2/5798485
Acetylene Market Key Drivers, Challenges, and Opportunities:
The common use of acetylene is as a raw material for the production of various organic chemicals including the preparation of Polyurethane and polyester plastics, which is the major driver with the increase in plastic applications. The second most common use is as the fuel component in oxy – acetylene welding and metal cutting, which is growing with the rapid increase in industrialization. Some commercially useful acetylene compounds include acetylene black, which is used in certain dry-cell batteries and acetylenic alcohols, which are used in the synthesis of vitamins leads to increase in the market growth. However, the market growth declines due to the high storage and operational cost.
Ask Free Sample of the Report @https://www.researchcosmos.com/request/global-acetylene-market-survey-and-trends-research-industry-analysis-and-future-forecast-2018-to-2/5798485
Acetylene Market– Regional Presence:
Geographically, Asia Pacific is the dominant and fastest growing market due to increasing industrial investments in the emerging economies of India and China in the forecast period and expected to continue in future. North America is the second largest market due to the development of industrialization. Europe is expected to grow at a sluggish rate owing to increasing number of environmental regulations and saturation in several end user industries.
Some of the Key Players Profiled in this Acetylene Market Report are:
Linde AG, Airgas, Toho Acetylene, Xinju Chemicals, Gulf Cyro, BASF, the Dow Company, SINOPEC, ILMO, Xinlong Group, Lutianhua, Ho Tung Chemicals, Markor, JinHong Gas, JiuceGrou and Praxair Inc. among several others.
For any queries, inquire more @ https://www.researchcosmos.com/inquire/global-acetylene-market-survey-and-trends-research-industry-analysis-and-future-forecast-2018-to-2/5798485
About Us:
Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Contact:
Kevin Stewart
kevin@researchcosmos.com
Global Sales Manager
Research Cosmos
www.researchcosmos.com
+1 888 709 8757
https://marketreportsweb.com/
https://acutemarketinsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Acetylene Market Predicted to grow at a CAGR of USD 7.34 billion By 2024 | Leading Market Players - Linde AG, Airgas, Toho Acetylene, Xinju Chemicals, Gulf Cyro, BASF, the Dow Company, SINOPEC, ILMO, Xinlong Group. here
News-ID: 1729568 • Views: …
More Releases from Research Cosmos
Mobile Phone Insurance Market Size to Reach USD 32.24 Bn By 2025
The size of the Global mobile phone insurance market is estimated to reach USD 32.24 billion by 2025, growing at a CAGR of 12.5%, as per the recently published report by Research Cosmos. It is worth to claim insurance for mobile phones as we are spending a lot of money on purchasing. The policies include accidental damage, water damage, and screen cracking.
Browse details of the report @ https://www.researchcosmos.com/reports/mobile-phone-insurance-market/199557834
Growing utilization…
Social Employee Recognition Systems Market Predicted to grow at a CAGR of xx By …
Social Employee Recognition Systems Market Analysis Size, Growth rate and Overview:
Social Employee Recognition Systems Market was valued at USD xx million in 2018 and is expected to reach almost USD xx million by the end of 2025, growing at a CAGR of around xx% over the predicted period.
Throughout the world, social employee recognition systems have expanded dramatically to address the need to move away from traditional methods and programs of…
More Releases for Acetylene
Acetylene Carbon Black Research: the global Acetylene Carbon Black market size i …
QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Acetylene Carbon Black- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.
The…
Global Acetylene Gas Market Size & Trends
According to a new market research report published by Global Market Estimates, the global acetylene gas market is expected to grow at a CAGR of 5.4% from 2023 to 2028.
The global acetylene gas market growth is driven by factors such as growth in the end use industries such as automotive and construction industry.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Global Acetylene…
Acetylene Gas Market
According to a new research report distributed by eSherpa Market Reports titled, Acetylene Gas Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2015-2026, the global Acetylene Gas market was valued at $XXX million in 2020, and is expected to reach $XXX million by 2026, registering a CAGR of XX% from 2015 to 2026. Europe dominated the global Acetylene Gas market in 2020, accounting for one-third share…
Global Acetylene Market Top Players 2020 – 2026 : Linde, Airgas, Praxair, Toho …
The Global Acetylene Market Report is highly intended to offer robust acumen considering industry to aid a market contender with insightful analysis for Acetylene market size, share, competitive scenario, segments, sub-segments, and dominant industry competitors. The report focuses on the historic and current situation of the market to provide valuable forecast analysis based on sales revenue, global demand, and growth rate of the market.
The global Acetylene market is valued at…
Global Acetylene Market Growth 2019-2024
LP INFORMATION offers a latest published report on Acetylene Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Acetylene market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report…
Global Acetylene Market Insights, Forecast to 2025
The Global Acetylene Market interest for Acetylene is estimate to report solid development driven by utilization in major developing markets.
More development open doors will turn up somewhere in the range of 2019 and 2025 when contrasted with the previous five years, recommending fast pace of progress. Organizations rapidly adjusting to this changing scene are rising as the best entertainers and acquiring appealing incomes through maintainable progress, development, productive estimating…
