Acetylene Cylinder Market Segments Dynamics and Trends Strategies Forecast 2017-2022
Global
Acetylene Cylinder Market is expected to grow at a significant CAGR in the
upcoming year as the scope, Product Types and its application are increasing
across the globe. Acetylene is having chemical formula C2H2. It is a
hydrocarbon and the simplest alkyne. This is a colorless gas and extensively
used as a fuel and an organic building block. It is uneven in its unadulterated
procedure and typically touched as a solution. Pure acetylene is odorless, but
profitable marks typically have a patent odor due to impurities.
Acetylene
Cylinder Market is segmented By Type into 40L. Acetylene Cylinder Market is
segmented By Application into Welding and metal fabrication, plastic industry,
and Chemical synthesis. The “plastic industry” segment will witness higher
growth in the market for the acetylene gas market in the upcoming period. The
smallest account of acetylene produced during the steam cracking process is
used to produce ethylene, which produces a change of polyethylene plastic
products.
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Acetylene
Cylinder Market is segmented, By Geographical Region into Asia Pacific (China,
India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC
countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America
(Brazil, Rest of Latin America), Western Europe (Germany, Italy, France,
England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia,
Rest of Eastern Europe).
APAC
will grow higher in terms of the prospects and there is a cumulative demand for
acetylene from this region. China is the leading company in manufacturing and
accounts for the highest consumption acetylene; due to the increasing usage of
the industrial gases in this region. Additionally, the excessive usage of the
chemical synthesis of the different products including plastics, increasing the
disposable income of middle-class people in China and other countries in APAC
is expected to drive the market in the years to come. Acetylene Cylinder Market
Key Players include Worthington, Tianhai, Norris Cylinder, JAI MARUTI GAS, ECS,
BOC (Linde), Henan Shenghui, MNK Gases, Cyl-Tec, Henan Saite, and Ningbo Meike.
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