As per the latest report by IMARC Group, titled “Acetylene Gas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global acetylene gas market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global acetylene gas market size reached US$ 5.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2027, exhibiting a growth rate (CAGR) of 3.2% during 2022-2027. Acetylene (C2H2), also known as ethyne, is a colorless and flammable gas that is produced from numerous hydrocarbon sources, such as crude oil, naphtha, coal, etc. It becomes highly explosive when liquefied, heated, compressed, or mixed with air. Acetylene is widely used as a chemical building block and as a fuel. It is also utilized in oxyacetylene welding and cutting, as well as in the manufacturing of commercial dry-cell batteries and acetylic alcohols. Consequently, acetylene finds extensive applications across several industries, such as automotive, aerospace, transportation, pharmaceutical, etc.
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Global Acetylene Gas Market Trends:
The expanding chemical sector is one of the key factors driving the acetylene gas market. Additionally, the increasing adoption of acetylene gas for the synthesis of various chemicals, such as acetic anhydride, acetic acid, acetaldehyde, etc., is further catalyzing the market growth. Apart from this, the elevating product utilization in numerous metalworking applications, including heat treating, soldering, oxyacetylene cutting, brazing, welding, etc., owing to its high flame-temperature properties, is acting as another significant growth-inducing factor. Moreover, the growing usage of acetylene in the glass and materials processing industries for carbon coating are also augmenting the global market, since ethyne provides effective lubrication between material surfaces. Furthermore, the rising investments in research and development (R&D) activities aimed at generating gas from biogas and other bio-based fuels are anticipated to fuel the acetylene gas market over the forecasted period.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Airgas, Inc.
- BASF SE
- China Petroleum and Chemical Corporation
- Gulf Cyro
- Hebei Xingyu Chemical Co. Ltd.
- Ilmo Products Company
- Linde Plc
- Praxair, Inc.
- Shandong Xinlong Group Co. Ltd.
- Suzhou Jinhong Gas Co. Ltd.
- Dow Chemical Company
- Toho Acetylene Co. Ltd
Breakup by Application:
- Chemical Synthesis
- Welding and Cutting
- Metal Fabrication
- Others
Breakup by Production Method:
- Calcium Carbide
- Hydrocarbon Pyrolysis
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
List of Figures
Figure 1: Global: Acetylene Gas Market: Major Drivers and Challenges
Figure 2: Global: Acetylene Gas Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Acetylene Gas Market: Breakup by Production Method (in %), 2021
Figure 4: Global: Acetylene Gas Market: Breakup by Application (in %), 2021
Figure 5: Global: Acetylene Gas Market: Breakup by Region (in %), 2021
Figure 6: Global: Acetylene Gas Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 7: Global: Acetylene Gas (Calcium Carbide) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Acetylene Gas (Calcium Carbide) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Acetylene Gas (Hydrocarbon Pyrolysis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Acetylene Gas (Hydrocarbon Pyrolysis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Acetylene Gas (Chemical Synthesis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Acetylene Gas (Chemical Synthesis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Acetylene Gas (Welding and Cutting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Acetylene Gas (Welding and Cutting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Acetylene Gas (Metal Fabrication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Acetylene Gas (Metal Fabrication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Acetylene Gas (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Acetylene Gas (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: North America: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: North America: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: United States: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: United States: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Canada: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Canada: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Asia Pacific: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Asia Pacific: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: China: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: China: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Japan: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Japan: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: India: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: India: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: South Korea: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: South Korea: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Australia: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Australia: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Indonesia: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Indonesia: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Others: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Others: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Europe: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Europe: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Germany: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Germany: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: France: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: France: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: United Kingdom: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: United Kingdom: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Italy: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Italy: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Spain: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Spain: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Russia: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Russia: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Latin America: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Latin America: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Brazil: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Brazil: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Mexico: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Mexico: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Middle East and Africa: Acetylene Gas Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Middle East and Africa: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Global: Acetylene Gas Industry: SWOT Analysis
Figure 68: Global: Acetylene Gas Industry: Value Chain Analysis
Figure 69: Global: Acetylene Gas Industry: Porter’s Five Forces Analysis
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