Global Dissolved Acetylene Gas Market to Grow by a CAGR of ~2.5% during 2022 – 2031;

Research Nester published a report titled “Dissolved Acetylene Gas Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global dissolved acetylene gas market in terms of market segmentation by production method, application, end-user, and by region.

 

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

 

The global dissolved acetylene gas market is estimated to grow at a CAGR of ~2.5% over the forecast period, i.e., 2022 – 2031. The market is segmented by end-user, into aerospace, shipbuilding, automotive, and others, out of which, the automotive segment is anticipated to hold a substantial share in the market over the forecast period. This can be accounted to the increasing application of dissolved acetylene for metal formulation, for manufacturing automobiles. Moreover, increasing sale of cars globally, is also anticipated to boost the market growth. According to the data by the International Energy Agency (IEA), in 2019, 25 million cars were sold in China, 17 million in United States, 17 million in European Union, and 21 million cars were sold in the rest of the world.

 

The global dissolved acetylene gas market is anticipated to witness growth on the back of increasing demand for liquid acetylene, as it is more stable for transportation and storage, as well as for usage. Acetylene gas independently can be highly unstable inside the cylinder, which can be hazardous for storage. Moreover, increasing use of dissolved acetylene gas for metal formulation is estimated to fuel the market growth, as it produces a high temperature flame on combustion with oxygen, which makes it suitable for welding metals.

 

Know More @ https://www.researchnester.com/reports/dissolved-acetylene-gas-market/3944

 

On the basis of geographical analysis, the global dissolved acetylene gas market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period, on the back of increasing export and import of chemical substances in the developed region. According to the data by the World Bank, chemicals added 15.804% value in manufacturing in the year 2019, in the United States.

 

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

 

 

Dissolved acetylene gas or liquid acetylene is a more stable form of acetylene gas, which has a high flame temperature on combustion with oxygen, which is why, acetylene gas is used for welding in the automobiles, aircrafts, shipbuilding, and other metal work. This factor is primarily anticipated to drive the market growth.

 

However, high cost of production of dissolved acetylene gas is expected to operate as key restraint to the growth of global dissolved acetylene gas market over the forecast period.

 

This report also provides the existing competitive scenario of some of the key players of the global dissolved acetylene gas market which includes company profiling of Shandong Xinlong Group Co. Ltd., Gulf Cryo, BASF SE, Praxair, Inc., China Petroleum & Chemical Corporation, Linde plc, The Messer Group GmbH, Akzo Nobel N.V., AmeriGas Partners, L.P., and Airgas USA LLC. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global dissolved acetylene gas market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

 

Request Report Sample@ https://www.researchnester.com/sample-request-3944

 

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.