Dissolved Acetylene Gas Market Analysis

  • Report ID: 3944
  • Published Date: May 31, 2023
  • Report Format: PDF, PPT

Dissolved Acetylene Gas Market Analysis

End-User (Aerospace, Shipbuilding, Automotive)

The dissolved acetylene gas market from automotive segment is slated to garner the largest revenue by 2035. The growth of the segment is influenced by the growing demand for alternative fuel. Benefits like affordability and environmental friendliness increase gas fuel consumption. Acetylene is a petrol fuel that is being considered as a substitute for petroleum-based fuels in internal combustion engines.

Application (Chemical Synthesis, Welding and Cutting, Metal Fabrication)

The dissolved acetylene gas market from chemical synthesis segment is projected to have luminous growth during the forecast timeline. One of acetylene's main uses is chemical synthesis. Several inorganic chemicals are made using acetylene. It aids in the production of several vitamins, including A and E. It is also used to make certain solvents and perfumery ingredients. Several acetylenic alcohols, including acetic acid and 1,4-butanediol (BDO), are also produced with it.

Our in-depth analysis of the global market includes the following segments:

     Production Method

  • Calcium Carbide
  • Hydrocarbon Pyrolysis

     Application

  • Chemical Synthesis
  • Welding and Cutting
  • Metal Fabrication

     End-User

  • Aerospace
  • Shipbuilding
  • Automotive
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 3944
  • Published Date: May 31, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are the growing production of plastic, the rising application of acetylene in the pharmaceutical sector, and the surge in the manufacturing of automotive.

The market size of dissolved acetylene gas is anticipated to attain a CAGR of ~3% over the forecast period, i.e., 2023-2035.

The major players in the market are Shandong Xinlong Group Co. Ltd., BASF SE, Praxair, Inc., China Petroleum & Chemical Corporation, and more.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by production method, application, end-user, and by region.

The automotive segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Not suitable for all materials, hold high risk, and require huge investment for specialized equipment are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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