Acetylene is a predominant component of the hydrocarbon series comprising of one or more pairs of carbon atoms which is combined with triple bonds, this chain is called as the acetylenic series (alkynes).
It is the least common component and is referred to as ethyne. It is extremely flammable and colourless gas.
It is extensively employed like metal cutting processes, oxyacetylene welding, and is used as a raw ingredient in several plastics and organic compounds synthesis. It has a garlic-like odour
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The top acetylene producing countries on a global scale are China, Germany, the United Kingdom, the United States, and Italy.
Key Details About the Acetylene Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Acetylene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Acetylene price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Acetylene Price Trend:
Acetylene is used extensively in industry as a fuel and a chemical building component, which has a significant impact on the price trend.
Acetylene is used in the production of synthetic rubber, acetic acid, brazing, the glass industry, soldering, precipitating metals, and steel carburisation. Other than that, it is also used to preserve food products, and is employed in the manufacturing of acrylonitrite.
Additionally, it’s utilised as a gasoline additive, acrylonitrile feedstock, and a food ingredient to preserve food. Other than that, it is also utilised in soldering metals, and in the brazing processes.
It also finds its application in production of plastics, and is commonly used in welding and cutting process.
Key Market Players:
- BASF SE
- Gulf Cryo
- Linde
- Praxair Technology Inc.
- SINOPEC
- Chengdu Xinju Chemical Co. Ltd.
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