Acetylene Market Size, Status, Global Demand and Rising Trends 2022

The global acetylene market is expected to grow from $9.28 billion in 2021 to $10.18 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. The market is expected to grow to $14.32 billion in 2028 at a CAGR of 6.7%.

Global Acetylene Market Insights, Forecast to 2028

This Global Acetylene Market Research Report Forecast 2022-2028 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.

Top Leading Players in the Global Acetylene Market are Linde, Airgas, Praxair, Toho Acetylene, Gulf Cryo, ILMO, BASF, DuPont, Ho Tung Chemical, SINOPEC, Markor, Lutianhua, Jiuce Group, Xinju Chemical, JinHong Gas, Xinlong Group and others.

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Market Overview:

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.

Industry News:

Linde Starts Up New Syngas Processing Plant in the U.S. Gulf Coast

Guildford, UK, May 5, 2020 - Linde (NYSE: LIN; FWB: LIN) announced today it has started up a state-of-the-art syngas processing plant in Geismar, Louisiana. The new plant will supply carbon monoxide and hydrogen to a top global chemical company as well as other refining and chemical customers along Linde's hydrogen pipeline network in Southern Louisiana, all under long-term supply agreements.

(Source: linde.com)

This report segments the global Acetylene market based on Types are:

Calcium Carbide Production
Thermal Cracking Process

Based on Application, the Global Acetylene market is segmented into:

Chemical Raw Materials
Illumination
Welding
Others

Regional Analysis for Acetylene Market:

- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and the Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa)
- Rest of the world

Asia-Pacific dominated the global market share. With growing transportation activities in countries such as China and Japan, the usage of acetylene (metalworking) is increasing in the region. 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 the most significant market for the chemical industry as well, which shows an enormous scope for the acetylene market.

Crucial Elements from the Table of Contents of Global Acetylene Market:

- Global Market Overview
- Global Market Competition, Profiles/Analysis, Strategies
- Global Market Capacity, Production, Revenue (Value) by Region (2016-2021)
- Global Market Supply (Production), Consumption, Export, Import by Region (2016-2021)
- Global Market Regional Highlights
- Industrial Chain, Sourcing Strategy, and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Market Decisions concerning the present scenario
- Global Acetylene Market Forecast (2022-2028)
- Case Studies
- Research Findings and Conclusion

The research includes historic data from 2016 to 2021 and forecasts until 2028 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Acetylene Market report is a believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. Acetylene industry report additionally Presents new task SWOT examination, speculation attainability investigation, and venture return investigation.

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