Acetylene Gas Market

By Product;

Calcium Carbide and Hydrocarbon Pyrolysis

By Application;

Metal Working, Lamps, Chemicals, and Others

By End-Use;

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

By Geography;

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

Acetylene Gas Market Overview

Acetylene Gas Market (USD Million)

Acetylene Gas Market was valued at USD 116.20 million in the year 2024. 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%.


Acetylene Gas Market

*Market size in USD million

CAGR 3.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.0 %
Market Size (2024)USD 116.20 Million
Market Size (2031)USD 142.92 Million
Market ConcentrationHigh
Report Pages360
116.20
2024
142.92
2031

Major Players

  • Air Products and Chemicals Inc.
  • BASF SE
  • Coregas Pty Ltd
  • Dow Inc.
  • Koatsu Gas Kogyo Co. Ltd.
  • L Air Liquide SA
  • Linde plc
  • Premier Cryogenics Ltd.
  • Saudi Basic Industries Corp.
  • SOL Spa

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Acetylene Gas Market

Fragmented - Highly competitive market without dominant players


The Acetylene Gas Market is experiencing consistent growth due to its wide usage in welding, metal cutting, and fabrication processes. Approximately 40% of industrial cutting operations depend on acetylene because of its high-temperature flame and precision. Its efficiency makes it a vital part of the industrial gases market.

Industrial Applications Driving Growth
Almost 35% of acetylene utilization comes from machinery, automotive, and aerospace industries. Its capability to produce durable and high-strength welds makes it indispensable in heavy manufacturing. This demand reinforces the importance of the acetylene gas industry in advancing industrial productivity.

Technological Advancements in Usage
Close to 30% of innovation efforts focus on safe storage systems, upgraded cylinder technology, and advanced distribution networks. These upgrades are improving safety standards while ensuring operational efficiency. The acetylene gas market is benefiting from such advancements, which are supporting sustainable industrial growth.

Diversification into Chemical Production
About 25% of acetylene is consumed in the chemical industry as a raw material for producing plastics, solvents, and intermediates. Its versatility as a chemical feedstock underlines its value across multiple downstream sectors, strengthening the acetylene gas market outlook.

Positive Market Outlook
Over 45% of ongoing developments emphasize eco-efficiency, innovation, and performance improvements. With rising demand across industries, the Acetylene Gas Market is expected to grow steadily, supported by technological progress and its expanding role in industrial and chemical applications.

  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. 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. Acetylene Gas Market, By Product, 2021 - 2031 (USD Million)
      1. Calcium Carbide
      2. Hydrocarbon Pyrolysis
    2. Acetylene Gas Market, By Application, 2021 - 2031 (USD Million)
      1. Metal Working
      2. Lamps
      3. Chemical
      4. Others
    3. Acetylene Gas Market, By End-use, 2021 - 2031 (USD Million)
      1. Transportation
      2. Building & Construction
      3. Electric & Electronics
      4. Pharmaceutical
      5. Others
    4. 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