Global Acetylene Gas Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Calcium Carbide and Hydrocarbon Pyrolysis.

By Application;

Chemical Synthesis, Welding & Metal Fabrication, and Others.

By End-Use;

Transportation, Building & Construction, Electric & Electronics, Pharmaceutical, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn154729277 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Acetylene Gas Market (USD Million), 2021 - 2031

In the year 2024, the Global Acetylene Gas Market was valued at USD 116.20 million. The size of this market is expected to increase to USD 142.92 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.

The Global Acetylene Gas Market is a significant segment within the chemical industry, characterized by its extensive applications and vital role in various industrial processes. Acetylene gas, a hydrocarbon compound known for its high flammability and energy density, is primarily used as a fuel and a building block for synthesizing other chemicals. Its properties make it indispensable in welding, cutting, and as a precursor in the production of acetaldehyde and other chemicals. The market's growth is closely tied to industrial activities, particularly in sectors like metallurgy, automotive, and construction.

Recent advancements in technology and increasing industrial activities are driving the demand for acetylene gas globally. Innovations in gas production and storage techniques, along with the expansion of industrial infrastructure in emerging economies, are contributing to market growth. Additionally, the rise of eco-friendly technologies and regulations focusing on reducing carbon footprints are influencing the market dynamics, with companies exploring more sustainable methods for acetylene production and usage.

Despite its robust market growth, the Global Acetylene Gas Market faces challenges such as fluctuating raw material prices and regulatory constraints related to safety and environmental impact. Companies operating in this market must navigate these challenges while adapting to evolving industry trends. The market's future will likely be shaped by ongoing technological advancements, shifting regulatory landscapes, and the increasing emphasis on sustainable practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Region
  4. Global Acetylene Gas Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial Growth
        2. Technological Advancements
        3. High Demand for Welding Applications
      2. Restraints
        1. Regulatory Constraints
        2. Raw Material Price Fluctuations
        3. Safety Concerns
      3. Opportunities
        1. Emerging Markets
        2. Eco-friendly Production Methods
        3. Technological Innovations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Acetylene Gas Market, By Product, 2021 - 2031 (USD Million)
      1. Calcium Carbide
      2. Hydrocarbon Pyrolysis
    2. Global Acetylene Gas Market, By Application, 2021 - 2031 (USD Million)
      1. Chemical Synthesis
      2. Welding & Metal Fabrication
      3. Others
    3. Global Acetylene Gas Market, By End-use, 2021 - 2031 (USD Million)
      1. Transportation
      2. Building & Construction
      3. Electric & Electronics
      4. Pharmaceutical
      5. Others
    4. Global Acetylene Gas Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Air Products and Chemicals Inc.
      2. BASF SE
      3. Coregas Pty Ltd
      4. Dow Inc.
      5. Koatsu Gas Kogyo Co. Ltd.
      6. L Air Liquide SA
      7. Linde plc
      8. Premier Cryogenics Ltd.
      9. Saudi Basic Industries Corp.
      10. SOL Spa
  7. Analyst Views
  8. Future Outlook of the Market