Market Overview:
The global industrial grade acetylene market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for acetylene in chemical and semiconductor applications. Additionally, the growing demand for acetylene in cutting and welding applications is also contributing to the growth of this market. Based on type, the global industrial grade acetylene market can be segmented into hydrocarbon pyrolysis type and calcium carbide type. The hydrocarbon pyrolysis type segment is expected to account for a major share of the global industrial grade acetylene market during the forecast period owing to its high purity and low cost as compared with other types of acetylene available in the market. Based on application,the global industrial grade acetyelenemarket can be divided into chemical, cutting and welding, semiconductor,and others segments.
Product Definition:
Industrial grade acetylene is a fuel gas used in oxy-acetylene welding and cutting. It is important because it has a very high flame temperature, which makes it ideal for welding and cutting metals.
Hydrocarbon Pyrolysis Type:
Hydrocarbon pyrolysis type is a process used to convert hydrocarbons such as coal, petroleum, and natural gas into carbon and hydrogen. The process takes place at high temperatures (around 800°C) in the presence of oxygen which helps in breaking down the larger molecules into their component parts.
The end-product of this reaction is called syngas or synthesis gas which contains mostly carbon along with some hydrogen and other gases such as nitrogen, argon, helium.
Calcium Carbide Type:
Calcium carbide is a chemical compound, which is a salt formed by the reaction of calcium oxide with carbon. It has several properties such as high tensile strength, good electrical conductivity, and high hardness. These features make it useful in manufacturing industrial-grade acetylene (I-GA).
The I-GA market was valued at USD 3.6 billion in 2015.
Application Insights:
The chemical segment dominated the global industry grade acetylene market in terms of revenue share in 2017. The growth can be attributed to increasing demand for chemicals across various end-use industries such as pharmaceuticals, paints and coatings, and others. In addition, growing demand from the plastics industry is also expected to drive the global chemical segment over the forecast period.
The cutting and welding application segment accounted for a significant share of 11% in 2017 owing to rising demand from construction sector across various regions including Asia Pacific and Middle East & Africa. Furthermore, high penetration of gasohol fuel blend (gasoline/ethanol) vehicles globally will further propel product consumption over next seven years as per International Energy Agency (IEA). Cutting applications include metal cutting machines used by carpenter or woodworker for sharp edges or corners on furniture making etc.
Regional Analysis:
Asia Pacific dominated the global industry and accounted for over 45% of the total market volume in 2016. The region is expected to witness significant growth in terms of revenue during the forecast period, with China being a major contributor to regional growth. Increasing demand from end-use industries such as chemical, semiconductor and others are projected to drive product demand over the coming years.
China emerged as a prominent consumer of industrial grade acetylene owing to rapid economic development coupled with increasing domestic production levels at lower prices compared to other regions. In addition, favorable government policies promoting investments in various sectors including energy have resulted in increased consumption levels across several applications within China since 2012. However, slowdowns or halts in manufacturing operations due to labor issues may negatively impact product demand from time-to-time which may result into inventory buildup or price revision downward by up tp 10%.
Growth Factors:
- Increasing demand for acetylene in the automotive and transportation sector as a fuel and chemical intermediate
- Growing demand for acetylene from the electronics industry for use in semiconductor manufacturing
- Rising demand from the construction sector for use in welding and metal fabrication applications
- Increasing utilization of acetylene in medical applications such as cryotherapy, cancer treatment, and wound healing
- Growing popularity of acetylene-based laser technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Grade Acetylene Market Research Report
By Type
Hydrocarbon Pyrolysis Type, Calcium Carbide Type
By Application
Chemical, Cutting and Welding, Semiconductor, Others
By Companies
Linde plc, BASF, Air Liquide, Air Products and Chemicals, Sinopec, Taiyo Nippon Sanso, Koatsu Gas Kogyo Co., Ltd., Toho Acetylene Co., Ltd., Gulf Cryo, Messer, Linde plc
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Grade Acetylene Market Report Segments:
The global Industrial Grade Acetylene market is segmented on the basis of:
Types
Hydrocarbon Pyrolysis Type, Calcium Carbide Type
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
Chemical, Cutting and Welding, Semiconductor, Others
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 plc
- BASF
- Air Liquide
- Air Products and Chemicals
- Sinopec
- Taiyo Nippon Sanso
- Koatsu Gas Kogyo Co., Ltd.
- Toho Acetylene Co., Ltd.
- Gulf Cryo
- Messer
- Linde plc
Highlights of The Industrial Grade Acetylene 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:
- Hydrocarbon Pyrolysis Type
- Calcium Carbide Type
- By Application:
- Chemical
- Cutting and Welding
- Semiconductor
- Others
- 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 Industrial Grade Acetylene 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
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- 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?
Industrial grade acetylene is a type of acetylene that has been treated to make it more resistant to corrosion and other environmental factors.
Some of the major players in the industrial grade acetylene market are Linde plc, BASF, Air Liquide, Air Products and Chemicals, Sinopec, Taiyo Nippon Sanso, Koatsu Gas Kogyo Co., Ltd., Toho Acetylene Co., Ltd., Gulf Cryo, Messer, Linde plc.
The industrial grade acetylene market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Grade Acetylene 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 Industrial Grade Acetylene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Grade Acetylene 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 Industrial Grade Acetylene 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 Industrial Grade Acetylene Market Size & Forecast, 2018-2028
4.5.1 Industrial Grade Acetylene Market Size and Y-o-Y Growth
4.5.2 Industrial Grade Acetylene Market Absolute $ Opportunity
Chapter 5 Global Industrial Grade Acetylene 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 Industrial Grade Acetylene Market Size Forecast by Type
5.2.1 Hydrocarbon Pyrolysis Type
5.2.2 Calcium Carbide Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Grade Acetylene 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 Industrial Grade Acetylene Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Cutting and Welding
6.2.3 Semiconductor
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Grade Acetylene 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 Industrial Grade Acetylene 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 Industrial Grade Acetylene Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Grade Acetylene 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 Industrial Grade Acetylene Market Size Forecast by Type
9.6.1 Hydrocarbon Pyrolysis Type
9.6.2 Calcium Carbide Type
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 Industrial Grade Acetylene Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Cutting and Welding
9.10.3 Semiconductor
9.10.4 Others
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 Industrial Grade Acetylene Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Grade Acetylene 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 Industrial Grade Acetylene Market Size Forecast by Type
10.6.1 Hydrocarbon Pyrolysis Type
10.6.2 Calcium Carbide Type
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 Industrial Grade Acetylene Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Cutting and Welding
10.10.3 Semiconductor
10.10.4 Others
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 Industrial Grade Acetylene Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Grade Acetylene 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 Industrial Grade Acetylene Market Size Forecast by Type
11.6.1 Hydrocarbon Pyrolysis Type
11.6.2 Calcium Carbide Type
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 Industrial Grade Acetylene Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Cutting and Welding
11.10.3 Semiconductor
11.10.4 Others
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 Industrial Grade Acetylene Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Grade Acetylene 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 Industrial Grade Acetylene Market Size Forecast by Type
12.6.1 Hydrocarbon Pyrolysis Type
12.6.2 Calcium Carbide Type
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 Industrial Grade Acetylene Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Cutting and Welding
12.10.3 Semiconductor
12.10.4 Others
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) Industrial Grade Acetylene Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Grade Acetylene 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) Industrial Grade Acetylene Market Size Forecast by Type
13.6.1 Hydrocarbon Pyrolysis Type
13.6.2 Calcium Carbide Type
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) Industrial Grade Acetylene Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Cutting and Welding
13.10.3 Semiconductor
13.10.4 Others
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 Industrial Grade Acetylene Market: Competitive Dashboard
14.2 Global Industrial Grade Acetylene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Linde plc
14.3.2 BASF
14.3.3 Air Liquide
14.3.4 Air Products and Chemicals
14.3.5 Sinopec
14.3.6 Taiyo Nippon Sanso
14.3.7 Koatsu Gas Kogyo Co., Ltd.
14.3.8 Toho Acetylene Co., Ltd.
14.3.9 Gulf Cryo
14.3.10 Messer
14.3.11 Linde plc
