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

By Production Type;

Calcium Carbide, Thermal Cracking, and Hydrocarbon Pyrolysis.

By Application;

Metal Working, Chemical Raw Materials, Lamps, and Other Applications.

By End User;

Automotive, Metal Fabrication, Aerospace, Pharmaceutical, Glass, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn717714891 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Acetylene Market (USD Million), 2021 - 2031

In the year 2024, the Global Acetylene Market was valued at USD 7,502.10 million. The size of this market is expected to increase to USD 9,352.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.2%.

The global acetylene market plays a crucial role in various industrial sectors due to acetylene's unique properties and applications. Acetylene (C₂H₂) is a colorless gas with a distinctive odor, known for its high flammability and ability to produce a very hot flame when burned. This makes it an essential component in oxy-acetylene welding and cutting processes, which are widely used in metalworking and construction industries.

The market is driven by several factors, including the increasing demand for acetylene in the production of chemicals such as acetic acid, acetaldehyde, and vinyl chloride. These chemicals are fundamental to manufacturing processes in industries ranging from textiles to plastics. Additionally, the growth of the automotive and aerospace sectors contributes to the rising demand for acetylene, as it is used in various applications such as precision cutting and welding of metal components.

Geographically, the acetylene market exhibits diverse dynamics. Emerging economies in Asia-Pacific, particularly China and India, are witnessing significant industrial growth, thereby boosting the demand for acetylene. Conversely, mature markets in North America and Europe show steady growth, driven by technological advancements and stringent industrial regulations that emphasize safety and efficiency in acetylene handling and usage.

However, the market faces challenges related to the environmental impact and safety concerns associated with acetylene production and transportation. The production of acetylene is often linked to the consumption of energy-intensive processes and the emission of greenhouse gases. Consequently, there is a growing emphasis on developing more sustainable production methods and implementing safety measures to mitigate risks associated with acetylene use, ensuring that the market evolves to meet both industry and environmental standards.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Production Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Acetylene Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial Demand
        2. Welding Applications
        3. Chemical Production
      2. Restraints
        1. Safety Concerns
        2. High Costs
        3. Regulatory Challenges
      3. Opportunities
        1. Emerging Markets
        2. Technological Advancements
        3. Alternative Uses
    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 Market, By Production Type, 2021 - 2031 (USD Million)
      1. Calcium Carbide
      2. Thermal Cracking
      3. Hydrocarbon Pyrolysis
    2. Global Acetylene Market, By Application, 2021 - 2031 (USD Million)
      1. Metal Working
      2. Chemical Raw Materials
      3. Lamps
      4. Other Applications
    3. Global Acetylene Market, By End User, 2021 - 2031 (USD Million)
      1. Automotive
      2. Metal Fabrication
      3. Aerospace
      4. Pharmaceutical
      5. Glass
      6. Others
    4. Global Acetylene 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. BASF SE
      2. TOHO ACETYLENE Co. Ltd
      3. Suzhou Jinhong Gas Co. Ltd
      4. Praxair Technology, Inc.
      5. The Linde Group
      6. ILMO Products Company
      7. Gulf Cryo
      8. China Petrochemical Corporation
      9. CHENGDU XINJU CHEMICAL CO. LTD
  7. Analyst Views
  8. Future Outlook of the Market