The global acetylene market revenue was around US$ 10.18 billion in 2022 and is estimated to reach US$ 21.5 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.7% during the forecast period from 2023 to 2031.
Acetylene is a flammable, colorless gas with a unique smell. Only this fuel gas can be used for welding. Acetylene, the most basic alkyne, is often handled as a solution because of its unstable state. The thermal cracking process and the manufacturing of calcium carbide are the two basic ways to produce acetylene. The thermal cracking process and the manufacturing of calcium carbide are the two basic ways to produce acetylene. It has a triple bond structure that provides it with a high flame temperature, making it ideal for welding, brazing, and metalworking. In the refinement process known as thermal cracking, hydrocarbon molecules are disassembled, rearranged, or combined using heat and pressure.
Market Driving Factors
Regional Analysis
Asia Pacific dominated the market. This is due to the rising demand for acetylene in this region as a result of expanding transportation activities in nations like Japan and China. Furthermore, China produces the majority of the world's chemicals, making it a center for chemical processing. The Chinese government is putting a lot of effort into creating environmentally friendly steel production methods. The Ministry of Industry and Information Technology of China issued guidelines on promoting high-quality development of the iron and steel industry, which stated that the percentage of EAF steel output was to be increased of the total output of crude steel over the following years. The demand for intermediates from this industry, such as acetic acid, is anticipated to rise significantly over the projection period due to the rising global need for various chemicals. In addition, the growth of different industries in this region boosts the market.
However, North America is anticipated to increase considerably during the projection period. This is due to the high rate of adoption of cutting-edge technology and the existence of major companies in this region are going to produce several prospects for market expansion.
Prominent Companies
Segmentation Outline
The global acetylene market segmentation focuses on Type, Application, Sales Channel, and Region.
By Type
By Application
By Sales Channel
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL ACETYLENE MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: ACETYLENE MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL ACETYLENE MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL ACETYLENE MARKET, BY TYPE
5.1 OVERVIEW
5.2 CALCIUM CARBIDE PRODUCTION
5.3 THERMAL CRACKING PROCESS
6 GLOBAL ACETYLENE MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 AUTOMOTIVE
6.3 METAL FABRICATION
6.4 AEROSPACE
6.5 PHARMACEUTICAL
6.6 OTHER
7 GLOBAL ACETYLENE MARKET, BY SALES CHANNEL
7.1 OVERVIEW
7.2 DIRECT COMPANY SALE
7.3 DIRECT IMPORT
7.4 DISTRIBUTORS & TRADERS
8 GLOBAL ACETYLENE MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL ACETYLENE MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
9.4 COMPETITIVE DASHBOARD
9.5 PRODUCT MAPPING
9.6 TOP PLAYER POSITIONING, 2022
9.7 COMPETITIVE HEATMAP
9.8 TOP WINNING STRATEGIES
10 COMPANY PROFILES
10.1 BASF SE
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.2 GULF CRYO
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.3 LINDE
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.4 PRAXAIR TECHNOLOGY
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.5 SINOPEC
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.6 CHENGDU XINJU CHEMICAL CO. LTD
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.7 ILMO PRODUCTS COMPANY
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.8 SUZHOU JINHONG GAS CO. LTD
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.9 TOHO ACETYLENE CO. LTD
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.10 XINGLONG GROUP
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
10.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.11 AIR LIQUIDE
10.11.1 OVERVIEW
10.11.2 FINANCIAL PERFORMANCE
10.11.3 PRODUCT OUTLOOK
10.11.4 KEY DEVELOPMENTS
10.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
著作権 ©2022 無断複写・転載を禁じます