Dissolved Acetylene Gas Market Share

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

Dissolved Acetylene Gas Market Share

APAC Market Statistics

The dissolved acetylene gas market share of dissolved acetylene gas in the Asia Pacific is predicted to have the highest growth by 2035. This is impelled by the growing production of chemicals. Among Asia Pacific, China has emerged as the largest producer of chemicals such as chemicals and pesticides. China produced about 228,000 tonnes of chemical pesticide technical in May 2022, up approximately 11% over the previous year. The cumulative output was about 2 million tonnes, up approximately 0.5% over the previous year.

North America Market Forecast

The dissolved acetylene gas market in North America for dissolved acetylene gas is anticipated to have significant growth over the forecast period. There has been growing manufacturing of aircraft in this region. The most popular method of welding used in aircraft is gas welding using oxygen/acetylene. Hence, with this, the market in this region is set to grow.

Research Nester
Global Dissolved Acetylene Gas Market Size
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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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