Acetylene Prices, Trends & Forecasts | Provided by Procurement Resource
Acetylene or Ethyne (C2H2) is a colourless gas that has a faint garlicky odour. It is one of the simplest and widely known members of the hydrocarbon series containing one or more pairs of carbon atoms linked to triple bonds called the acetylenic series, or alkynes. It is a terminal acetylenic compound which is produced using calcium carbide and has traces of phosphine. The gas is easily combustible and burns with a sooty flame.
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It is lighter than air in weight and has the respective boiling and melting point of -84.7°C and −80.8 °C.The top Acetylene importers are China, and its top exporters are India 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, including India Acetylene price, USA Acetylene price, pricing database, and analysis can prove valuable for 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 mainly used as a fuel in oxyacetylene welding run metal cutting. It is also used as the chemical building block for plastic and organic chemical synthesis that is used to make products like acrylonitrile and vinyl chloride, synthetic rubber, vinyl acetate butyrolactone, acrylate, trichloroethylene 1,4-butanediol and vinyl alkyl ethers and pyrrolidone etc. Furthermore, it works as an illuminant and has various other uses, such as producing acetic acid used for metallurgical processes like brazing, metalizing and hardening.
Key Players:
- BASF SE
- Gulf Cryo
- Linde
- Praxair Technology Inc.
- SINOPEC
- Chengdu Xinju Chemical Co. Ltd.
News & Recent Development
- October 22, 2022- SCGC and Denka announced their collaboration for the production of acetylene black, which will produce 11,000 tonnes of the product annually and is expected to start operations in 2025.
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