Dissolved acetylene is acetylene gas that is dissolved in acetone or dimethylformamide (DMF) under pressure to make it nonexplosive. This acetylene is stored in gaseous form with a porous filling in steel cylinders as it is explosive in the liquid state. It is one of the hottest gas of all the fuel gases. It is used in the production of neoprene rubber, plastics, and resins. It caters to applications such as gas welding, cutting, flame heating, flame gouging, flame straightening and flame cleaning. Therefore, it is widely used within the fabrication industry.
The global dissolved acetylene market is estimated to grow at a CAGR of XX.X% in terms of value from 2017 to 2022. Asia Pacific recorded the highest consumption of dissolved acetylene in 2016 and will continue to follow similar trend due to strong growth in the XXX region and increased industrial activity and investments in the emerging economies of India and China are driving the dominance of the region in the global demand for dissolved acetylene.
The market has been segmented on basis of end-use industry such as automotive, metal fabrication, aerospace, and pharmaceutical, among others. XXX held the largest share in 2016 followed by XXX owing to rising demand from the emerging markets such as Asia Pacific.
The market has been segmented on basis of applications such as welding, portable lighting, and plastics, among others. XXX held the largest share in 2016 followed by XXX. On basis of dissolving material, the market is segmented into acetone or dimethylformamide (DMF). The XXX held the largest share in 2016 and is expected to be growing at the highest CAGR of XX.X% during the forecast period.
An in-depth market share analysis, in terms of revenue, of the top companies, is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts and key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the leading players in the global dissolved acetylene market has been covered in this report. The key companies in this market include Linde North America, Inc., Air Products and Chemicals, Inc., and Praxair Technology, Inc., among others.
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