A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Acetylene
Gas
market. The study,
titled “Acetylene
Gas Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2014 - 2020”,
is available for sale on the firm’s website.
Acetylene
gas is a highly flammable colorless gas with a triple
bond structure. Acetylene gas possesses garlic like odor and has a
high flame temperature. The gas is produced by reaction of calcium
carbide and water. The reaction produces acetylene gas and calcium
carbonate slurry or hydrated lime as a byproduct. Acetylene gas is
also produced from hydrocarbon sources such as naphtha, crude oil and
coal among others.
Several
other gases such as carbon dioxide, hydrogen and carbon monoxide
among others are also produces as byproducts in the process. Solvents
such as water, chilled methanol, acetone, etc. are used to segregate
acetylene gas depending on the process.
Get
Sample Of This Research Report At:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2505
Acetylene
gas is used as a feedstock in the production of chemicals such as 1,4
butanediol. Chemical production is the most dominant application
segment for acetylene gas and the trend is anticipated to continue
for a foreseeable future. High flame temperature is the foremost USP
of acetylene gas and combustion with oxygen helps in achieving
temperature of over 5500 degree Celsius. Therefore acetylene gas is
widely used for welding applications and metal cutting.
Fuel
component for welding applications is the second largest application
segment for acetylene gas. Acetylene black, a compound of acetylene
is used in dry cell batteries and acetylene alcohol is used for
vitamin synthesis. Acetylene gas is used in the acetylene black
process for the production of carbon black, a carbon powder used
mainly in production of tires for automobiles. Major end user
industries for acetylene gas include automotive, metal fabrication,
aerospace, pharmaceutical and glass among others.
Chemicals
produced using acetylene gas has varied application such as
production of plastics and polyurethanes among others. Increasing
demand for acetylene gas for chemical production has been among
foremost growth drivers for acetylene gas market. Acetylene gas has
the highest flame temperature among hydrocarbons therefore; has high
acceptance for metal cutting and metal fabrication applications.
Metal cutting and fabrication applications have been driving demand
for acetylene gas and the trend is anticipated to continue during the
forecast period. Major raw material employed for production of
acetylene gas includes crude oil therefore volatile raw material
pricing is a major restraint for acetylene gas market.
Moreover,
several greenhouse gases are emitted during the production of
acetylene gas. Therefore, the environmental hazards associated with
acetylene gas also have been restraining market growth and increasing
the threat of substitution. Research and development activities to
produce acetylene gas from renewable and bio based sources such as
bio gas is anticipated to offer huge growth opportunities in the
market.
Browse
The Full Research Report
At:http://www.transparencymarketresearch.com/acetylene-gas-market.html
Asia
Pacific dominates the global demand for acetylene gas and the trend
is anticipated to continue for a foreseeable future. Increasing
industrial investments in the emerging economies of India and China
is among the foremost growth drivers for acetylene gas market in the
region. Acetylene gas market in North America and Europe is expected
to grow at a sluggish rate owing to increasing number of
environmental regulations and saturation in several end user
industries
Acetylene
gas market is concentrated and dominated by few major global players
that constitute major portion of the global market share. The market
is characterized high degree of competition and major players compete
by pricing differentiation. Increasing investment in the emerging
economies of Asia Pacific region has led to surge in merger and
acquisition activities in the market. Major players in the acetylene
gas market include Air Products and Chemicals Inc., Linde AG and
Praxair Inc among several others.
This
research report analyzes this market depending on its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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