Market Overview:
The global high purity industrial acetylene gases market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electronic products, machinery, chemicals and other applications across the globe. Additionally, factors such as technological advancements and rising investments in research and development are also contributing to the growth of this market. On the basis of type, the global high purity industrial acetylene gases market can be segmented into on-site gas and bottled gas. The on-site gas segment is projected to account for a larger share of the global high purity industrial acetylene gases market during the forecast period from 2018 to 2030. This can be attributed to its growing popularity among various end users owing to its easy availability and low installation cost as compared with bottled gas systems. On the basis of application,the global high purity industrial acetylene gasesmarket can be divided into electronic products, machinery, chemicalsand other applications including medical devicesand pharmaceuticals).
Product Definition:
High purity industrial acetylene gases have a low impurity content and are used in various industries for various purposes. Some examples of these industries include metalworking, glassmaking, and chemical synthesis.
On-site Gas:
On-site gas is a term used to define the gases which are produced on-site at a refinery or petrochemical plant. On site production of these gases results in their complete isolation from the external environment, thus providing an added measure of protection against contamination. The process also eliminates any risk of blow-down gasses entering surface water or groundwater as it is completely contained within the facility itself.
Bottled Gas:
Bottled gas is a mixture of compressed natural gas (CNG) and propane that has been pre-filtered, treated, and stored for use in high purity industrial acetylene gases. It can also be used as an alternative to the LPG/NGL in some applications. The product is manufactured by several companies including Linde Gas USA LLC; Air Liquide; Praxair Inc.; Ambre energy Ltd.; Air Products & Chemicals Inc.
Application Insights:
Electronic products were the leading application segment and accounted for over 40% of the global market revenue in 2016. The rising demand for high purity industrial acetylene gases is projected to arise from their use in various electronic applications such as semiconductor manufacturing, LED lighting, and gas-discharge lamps.
The machinery application segment is expected to witness a CAGR of XX% over the forecast period owing to increasing investments by manufacturers in R&D activities pertaining to new technologies and equipment with higher efficiency levels. Rising demand for highly purified acetylene gasses from machine tool manufacturers will also have a positive impact on market growth during the forecast period.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industries including electronic, machinery, automotive and chemicals. Factors such as low raw material cost, availability of cheap labor and proximity to raw material suppliers have attracted numerous manufacturers to set up their production facilities in this region which is likely to drive the demand for high purity industrial acetylene gases over the forecast period.
Europe accounted for a significant share of global revenue owing to stringent regulations regarding pollution control implemented by various regulatory bodies such as ECHA, OSHA etc., These regulatory policies are anticipated to boost demand from end-use sectors such as electronics & electricals industry that require high purity gases at frequent intervals throughout their manufacturing process resulting into higher sales volume compared with other regions.
Growth Factors:
- Increasing demand for acetylene in various end-use industries such as automotive, aerospace, and construction is expected to drive the growth of the global high purity industrial acetylene gases market during the forecast period.
- The growing popularity of advanced materials such as carbon fiber and composites is also anticipated to fuel the demand for high purity industrial acetylene gases in the near future.
- Rapid urbanization and rising disposable income are some of the other key factors that are likely to boost market growth over the next few years.
- Growing awareness about safety measures and regulations related to handling of flammable gases is also projected to propel market expansion in forthcoming years. 5) Technological advancements in production processes are expected to create new opportunities for players operating in this market over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Industrial Acetylene Gases Market Research Report
By Type
On-site Gas, Bottled Gas
By Application
Electronic Products, Machinery, Chemicals, Other
By Companies
Linde Gas, Air Liquide, Praxair, Air Products and Chemicals, Iwatani, Messer, Matheson Tri-Gas, Iceblick, Advanced Specialty Gases
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Industrial Acetylene Gases Market Report Segments:
The global High Purity Industrial Acetylene Gases market is segmented on the basis of:
Types
On-site Gas, Bottled Gas
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic Products, Machinery, Chemicals, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Linde Gas
- Air Liquide
- Praxair
- Air Products and Chemicals
- Iwatani
- Messer
- Matheson Tri-Gas
- Iceblick
- Advanced Specialty Gases
Highlights of The High Purity Industrial Acetylene Gases Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-site Gas
- Bottled Gas
- By Application:
- Electronic Products
- Machinery
- Chemicals
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Industrial Acetylene Gases Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High purity industrial acetylene gases are those that have been processed to remove any impurities. This means that the gas is free of carbon dioxide, water vapor, and other contaminants.
Some of the major players in the high purity industrial acetylene gases market are Linde Gas, Air Liquide, Praxair, Air Products and Chemicals, Iwatani, Messer, Matheson Tri-Gas, Iceblick, Advanced Specialty Gases.
The high purity industrial acetylene gases market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Industrial Acetylene Gases Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Industrial Acetylene Gases Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Industrial Acetylene Gases Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Industrial Acetylene Gases Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Industrial Acetylene Gases Market Size & Forecast, 2020-2028
4.5.1 High Purity Industrial Acetylene Gases Market Size and Y-o-Y Growth
4.5.2 High Purity Industrial Acetylene Gases Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 On-site Gas
5.2.2 Bottled Gas
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronic Products
6.2.2 Machinery
6.2.3 Chemicals
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Industrial Acetylene Gases Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Industrial Acetylene Gases Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 On-site Gas
9.6.2 Bottled Gas
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronic Products
9.10.2 Machinery
9.10.3 Chemicals
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 On-site Gas
10.6.2 Bottled Gas
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronic Products
10.10.2 Machinery
10.10.3 Chemicals
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 On-site Gas
11.6.2 Bottled Gas
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronic Products
11.10.2 Machinery
11.10.3 Chemicals
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 On-site Gas
12.6.2 Bottled Gas
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronic Products
12.10.2 Machinery
12.10.3 Chemicals
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 On-site Gas
13.6.2 Bottled Gas
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronic Products
13.10.2 Machinery
13.10.3 Chemicals
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Industrial Acetylene Gases Market: Competitive Dashboard
14.2 Global High Purity Industrial Acetylene Gases Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Linde Gas
14.3.2 Air Liquide
14.3.3 Praxair
14.3.4 Air Products and Chemicals
14.3.5 Iwatani
14.3.6 Messer
14.3.7 Matheson Tri-Gas
14.3.8 Iceblick
14.3.9 Advanced Specialty Gases
