Global Acetylene Gas Market to Grow at 2.32% During 2025-2033, Fostered by Expanding Applications

January 20, 2025 | Chemical & Materials

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As per the latest report by IMARC Group, titled “Acetylene Gas Market Report by Production Method (Calcium Carbide, Hydrocarbon Pyrolysis), Application (Chemical Synthesis, Welding and Cutting, Metal Fabrication, and Others), and Region 2025-2033,” the global acetylene gas market size reached USD 6.2 Billion in 2024. Also known as ethyne, acetylene (C₂H₂) is a flammable, colorless gas produced from hydrocarbon sources, such as naphtha, crude oil and coal. It has a faint garlic-like odor due to the presence of phosphine and becomes highly explosive when heated, liquefied, compressed or mixed with air. It is widely utilized as a fuel, chemical building block and raw material in the production of polyester plastics and polyurethane. Moreover, acetylene is one of the most preferred gases used in various industries, such as aerospace, automotive and transportation, for oxyacetylene welding and cutting.

Global Acetylene Gas Market Trends:

Acetylene gas is utilized in synthesizing chemicals, such as acetic acid, acetaldehyde and acetic anhydride. Moreover, as it assists in creating lubrication between the surface of different materials, it finds applications in the glass and materials processing industries for carbon coating. Apart from this, acetylene gas is used for various metalworking applications, such as brazing, welding, soldering, heat treating and oxyacetylene cutting. Furthermore, on account of rising environmental concerns and stringent government policies, leading players are increasing their R&D activities to generate acetylene gas from biogas and other bio-based fuels. Looking forward, the market value is projected to reach USD 7.7 Billion by 2033, expanding at a CAGR of 2.32% during 2025-2033.

Market Summary:

Based on the production method, the market has been bifurcated into calcium carbide and hydrocarbon pyrolysis.
On the basis of the application, the market has been segmented into chemical synthesis, welding and cutting, metal fabrication, and others.
Region-wise, the market has been classified into North America (the United States and Canada) Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others) Europe (the United Kingdom, Germany, France, Italy, Spain, Russia and others) Latin America (Brazil, Mexico and others) and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being Airgas, Inc., BASF SE, China Petroleum and Chemical Corporation, Gulf Cyro, Hebei Xingyu Chemical Co. Ltd., Ilmo Products Company, Linde Plc, Praxair, Inc., Shandong Xinlong Group Co. Ltd., Suzhou Jinhong Gas Co. Ltd., Dow Chemical Company and Toho Acetylene Co. Ltd.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Production Method, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Airgas, Inc., BASF SE, China Petroleum and Chemical Corporation, Gulf Cyro, Hebei Xingyu Chemical Co. Ltd., Ilmo Products Company, Linde Plc, Praxair, Inc., Shandong Xinlong Group Co. Ltd., Suzhou Jinhong Gas Co. Ltd., Dow Chemical Company and Toho Acetylene Co. Ltd.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Acetylene Gas Market to Grow at 2.32% During 2025-2033, Fostered by Expanding Applications

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