Dissolved Acetylene Gas Market Trends

Grwoth Drivers

• Growing Production of Plastic - The most popular application for acetylene is as a raw material for the synthesis of other organic compounds. These include 1,4-butanediol, which is crucial for the manufacturing of polyester and polyurethane polymers. So, with the growing production of plastic, the demand for dissolved acetylene gas is also slated to grow.

• Rising Application of Acetylene in the Pharmaceutical Sector - Acetylene is utilized in the manufacture of a variety of medications. Aspirin, paracetamol, and other painkillers to name a few. It is also employed in the manufacture of several antibiotics, including ampicillin and penicillin. Some cancer medications, such as doxorubicin and vincristine, are also made using acetylene. A few hormones, including estrogen and testosterone, are also made using acetylene.

• Surge in Manufacturing of Automotive- In 2021, more than 79 million vehicles were produced. This number indicates an increase of around 2% from the prior year. Owing to this, more acetylene gas is used in the manufacturing of automotive parts.

Challenges

• Not unsuitable for All Materials

• Hold High Risk - If done incorrectly, oxy-acetylene welding could potentially be risky. The torch's flames have a maximum temperature of 6,000 degrees Fahrenheit, which makes severe burns very likely. Additionally, this method of welding uses highly volatile acetylene gas, therefore improper equipment use increases the risk of explosions. Hence, this factor is estimated to hinder the growth of the market.

• Require Huge Investment for Specialized Equipment