Acetylene Market - Global Industry Size, Share, Trends
Techsciresearch17 Oct, 2024Business
Global Acetylene Market was valued at USD 6.15 Billion in 2023 and is expected to reach USD 7.46 Billion by 2029 with a CAGR of 3.48% during the forecast period. Acetylene, a hydrocarbon gas with high flammability, serves as a key raw material for various chemical processes, and its unique properties have cemented its position as a crucial industrial gas. The market’s growth trajectory is expected to continue as new applications and technological advancements emerge, particularly in developing regions.
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