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Acetylene Gas Market Size, Share & Trends Analysis Report By End-use (Transportation, Building & Construction, Electric & Electronics, Pharmaceutical), By Application (Metal Working, Chemicals, Lamps), By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 80 Pages
  • September 2023
  • Region: Global
  • Grand View Research
  • ID: 5893169
Description Jump to:
The global acetylene gas market is expected to reach USD 5.4 billion by 2030. It is expected to expand at a CAGR of 5.4% from 2023 to 2030. The growth of the welding market, which is driving the demand for acetylene gas as a fuel gas for welding.

The welding market has been experiencing significant growth in recent years, which has contributed to the increased demand for products as a fuel gas for welding. Welding is a process that involves joining two or more pieces of metal by heating the surfaces to their melting points, causing them to fuse together. Acetylene gas, when mixed with oxygen, produces a flame that can reach temperatures high enough to melt most metals, making it an ideal fuel gas for welding.

The growth of the welding market can be attributed to several factors, including the increasing demand for metal fabrication in various industries such as construction, automotive, and aerospace. Welding is also used in the repair and maintenance of metal structures and equipment, which is becoming increasingly important as companies seek to extend the lifespan of their assets.

Furthermore, advances in welding technology have made the process more efficient and cost-effective, which has further contributed to its growth. For example, the use of robotic welding systems has enabled companies to increase their production rates while reducing labor costs. The growth of the welding market is expected to continue in the coming years, which is likely to drive the demand for the market.

Acetylene Gas Market Report Highlights

  • The Asia Pacific region witnesses the fastest growth rate with a CAGR of 5.6% as it is driven by factors such as increasing demand for rubber products, growth in end-use industries such as automotive and personal care, and rapid industrialization and urbanization.
  • The chemicals application segment witnessed the fastest growth rate with a CAGR of 5.7%. The increasing demand for chemicals in different industries such as pharmaceuticals, paints, and coatings are expected to drive the demand for acetylene gas in this sector.
  • The acetylene gas market is fragmented in nature due to the presence of major companies, including Praxair Technology Inc., Gulf Cryo, Linde PLC, and Air Liquide, among others.
  • In Feb 2022. The construction of a verified engineering Oxy acetylene gas unit is currently underway at its Feruka plant located in Mutare. The unit is expected to be commissioned by the end of 2022 and is anticipated to provide a significant impetus for the growth of local industries.
  • BASF SE has commenced operations of its newly established acetylene plant at the Ludwigshafen Verbund site. The plant has an initial annual production capacity of 90, 000 metric tons.


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Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 InEnd-Useation Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.4 InEnd-Useation analysis
1.5 Market End-Useulation & data visualization
1.6 Data validation & publishing
1.6.1 Research scope and assumptions
1.6.2 List to Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segmental Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Acetylene gas: Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global Market Outlook
3.2 Industry Value Chain Analysis
3.3 Price Trend Analysis, 2018 - 2030
3.4 Regulatory Framework
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.2 Market Restraint Analysis
3.5.3 Industry Challenges Analysis
3.5.4 Industry opportunities analysis
3.6 Industry Analysis - Porter’s Analysis
3.7 Macroeconomic Analysis - PESTLE
Chapter 4 Acetylene gas Market: End-Use Estimates & Trend Analysis
4.1 End-Use Movement Analysis & Market Share, 2022 & 2030
4.2 Acetylene Gas Market Estimates & Forecast, by End-Use (Kilotons) (USD Million)
4.2.1 Transportation
4.2.1.1 Acetylene Gas Market Estimates and Forecasts, in Transportation 2018 - 2030 (Kilotons) (USD Million)
4.2.2 Building & Construction
4.2.2.1 Acetylene Gas Market Estimates and Forecasts, in Building & Construction 2018 - 2030 (Kilotons) (USD Million)
4.2.3 Electric & Electronics
4.2.3.1 Acetylene Gas Market Estimates and Forecasts, in Electric & Electronics 2018 - 2030 (Kilotons) (USD Million)
4.2.4 Pharmaceutical
4.2.4.1 Acetylene Gas Market Estimates and Forecasts, in Pharmaceutical 2018 - 2030 (Kilotons) (USD Million)
4.2.5 Other End-Use
4.2.5.1 Acetylene Gas Market Estimates and Forecasts, in Other End-Uses 2018 - 2030 (Kilotons) (USD Million)
Chapter 5 Acetylene gas Market: Application Estimates & Trend Analysis
5.1 Application Movement Analysis & Market Share, 2022 & 2030
5.2 Acetylene Gas Market Estimates & Forecast, by Application (Kilotons) (USD Million)
5.2.1 Metal Working
5.2.1.1 Acetylene Gas Market Estimates and Forecasts, in Metal Working, 2018 - 2030 (Kilotons) (USD Million)
5.2.2 Chemicals
5.2.2.1 Acetylene gas Market Estimates and Forecasts, in Chemicals 2018 - 2030 (Kilotons) (USD Million)
5.2.3 Pharmaceutical
5.2.3.1 Acetylene gas Market Estimates and Forecasts, in Chemicals 2018 - 2030 (Kilotons) (USD Million)
5.2.4 Electronics
5.2.4.1 Acetylene gas Market Estimates and Forecasts, in Electronics 2018 - 2030 (Kilotons) (USD Million)
5.2.5 Other Applications
5.2.5.1 Acetylene gas Market Estimates and Forecasts, in Other Applications 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Acetylene gas Market: Regional Estimates & Trend Analysis
6.1 Acetylene Gas Market: Regional Outlook
6.2 North America
6.2.1 North America Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2 U.S.
6.2.2.1 Key country dynamics
6 2.2.2 U.S. Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.3 Canada
6.2.3.1 Key country dynamics
6.2.3.2 Canada Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.4 Mexico
6.2.4.1 Key country dynamics
6.2.4.2 Mexico Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3 Europe
6.3.1 Europe Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.2 Germany
6.3.2.1 Key country dynamics
6.3.2.2 Germany Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.3 Italy
6.3.3.1 Key country dynamics
6.3.3.2 Italy Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.4 Spain
6 3.4.1 Key country dynamics
6.3.4.2 Spain Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.5 UK
6.3.5.1 Key country dynamics
6.3.5.2 UK Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.6 France
6.3.6.1 Key country dynamics
6.3.6 2 France Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.7 Netherland
6.3.7.1 Key country dynamics
6.3.7.2 Netherland Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.8 Russia
6.3.8.1 Key country dynamics
6.3.8.2 Russia Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.9 Switzerland
6.3.9.1 Key country dynamics
6.3 9.2 Switzerland Acetylene GasMarket Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.2 China
6.4.2.1 Key country dynamics
6.4.2.2 China Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.3 India
6.4.3.1 Key country dynamics
6.4.3.2 India Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.4 Japan
6.4.4.1 Key country dynamics
6.4.4.2 Japan Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.5 Malaysia
6.4.5.1 Key country dynamics
6.4.5.2 Malaysia Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.6 Indoneisa
6.4.6.1 Key country dynamics
6.4.6.2 Indoneisa Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.7 Vietnam
6.4.7.1 Key country dynamics
6.4.7.2 Vietnam Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.8 Australia
6.4.8.1 Key country dynamics
6.4.8.2 Australia Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.9 New Zealand
6.4.9.1 Key country dynamics
6.4.9.2 New Zealand Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5 Middle East & Africa
6.5.1 Middle East & Africa Acetylene Gas Market Estimates & Forecasts, 2018 - 2030,(Kilotons) (USD Million)
6.5.2 Saudi Arabia
6.5.2.1 Key country dynamics
6.5.2.2 Saudi Arabia Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.3 South Africa
6.5.3.1 Key country dynamics
6.5.3.2 South Africa Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.4 Iran
6.5.4.1 Key country dynamics
6.5.4.2 Iran Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.6 Oman
6.5.6.1 Key country dynamics
6.5.6.2 Oman Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.7 Qatar
6.5.7.1 Key country dynamics
6.5.7.2 Qatar Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.8 Kuwait
6.5.8.1 Key country dynamics
6.5.8.2 Kuwait Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.9 Anghola
6.5.9.1 Key country dynamics
6.5.9 2 Angola Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.10 Nigeria
6.5.10.1 Key country dynamics
6.5.10.2 Nigeria Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.11 UAE
6.5.11.1 Key country dynamics
6.5.11.2 UAE Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6 Central & South America
6.6.1 Central & South America Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.2 Brazil
6.6.2.1 Key country dynamics
6.6.2.2 Brazil Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.3 Argentina
6.6.3.1 Key country dynamics
6.6.3.2 Argentina Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.4 Colombia
6.6.4.1 Key country dynamics
6.6.4.2 Colombia Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.5 Chile
6.6.5.1 Key country dynamics
6.6.5.2 Chile Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Competitive Landscape
7.1 Company Categorization
7.2 Company Market Positioning
7.3 Company Heat Map Analysis
7.4 Strategy Mapping
7.5 Company Listing (Company Overview, Product Benchmarking, Financial PerEnd-Useance)
7.5.1 BASF SE
7.5.2 Airgas
7.5.3 Gulf Cyro
7.5.4 China Petroleum and Chemical Corporation
7.5.5 Linde Group
7.5.6 SINOPEC
7.5.7 Praxair Technology Inc.
7.5.8 Dow Chemical Company
7.5.9 Toho Acetylene
7.5.10 Sichuan Vinylon
List of Tables
Table 1 U.S. macro-economic outlay
Table 2 Canada macro-economic outlay
Table 3 Mexico macro-economic outlay
Table 4 Germany macro-economic outlay
Table 5 UK macro-economic outlay
Table 6 France macro-economic outlay
Table 7 Italy macro-economic outlay
Table 8 Netherland macro-economic outlay
Table 9 Spain macro-economic outlay
Table 10 Switzerland macro-economic outlay
Table 11 Russia macro-economic outlay
Table 12 China macro-economic outlay
Table 13 India macro-economic outlay
Table 14 Japan macro-economic outlay
Table 15 Malaysia macro-economic outlay
Table 16 Indoneisa macro-economic outlay
Table 17 Vietnam macro-economic outlay
Table 18 Australia macro-economic outlay
Table 19 New Zealand macro-economic outlay
Table 20 Brazil macro-economic outlay
Table 21 Argentina macro-economic outlay
Table 22 Columbia macro-economic outlay
Table 23 Chile macro-economic outlay
Table 24 Saudi Arabia macro-economic outlay
Table 25 South Africa macro-economic outlay
Table 26 Iran macro-economic outlay
Table 27 Oman macro-economic outlay
Table 28 UAE macro-economic outlay
Table 29 Qatar macro-economic outlay
Table 30 Kuwait macro-economic outlay
Table 31 Nigeria macro-economic outlay
Table 32 Angola macro-economic outlay
Table 33 Participant’s Overview
Table 34 Financial PerEnd-Useance
Table 35 Product Benchmarking
Table 36 Recent Developments & Impact Analysis, By Key Market Participants
Table 37 Company Heat Map Analysis
Table 38 Key companies undergoing expansions
Table 39 Key companies involved in mergers & acquisitions
Table 40 Key companies undergoing partnerships
Table 41 Key companies launching new products
List of Figures
Fig. 1 Acetylene Gas Market Segmentation & Scope
Fig. 2 Data analysis models
Fig. 3 Market End-Useulation and validation
Fig. 4 Data validating & publishing
Fig. 5 Acetylene Gas Market Snapshot
Fig. 6 Acetylene Gas Market Segment Snapshot
Fig. 7 Acetylene Gas Market Competitive Landscape Snapshot
Fig. 8 Acetylene Gas Market: Value Chain Analysis
Fig. 9 Acetylene Gas: Market Dynamics
Fig. 10 Acetylene Gas Market: PORTER Analysis
Fig. 11 Acetylene Gas Market: PESTLE Analysis
Fig. 12 Acetylene Gas Market Estimates & Forecasts, by End-Use: Key Takeaways
Fig. 13 Acetylene Gas Market Share, By End-Use, 2022 & 2030
Fig. 14 TransportationMarket Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 15 Acetylene Gas Market Estimates & Forecasts, in Building & Construction 2018-2030 (Kilotons) (USD Million)
Fig. 16 Acetylene Gas Market Estimates & Forecasts, in Electric & Electronic 2018-2030 (Kilotons) (USD Million)
Fig. 17 Acetylene Gas Market Estimates & Forecasts, in Pharmaceutical 2018-2030 (Kilotons) (USD Million)
Fig. 18 Acetylene Gas Market Estimates & Forecasts, in Other End-Use 2018-2030 (Kilotons) (USD Million)
Fig. 19 Acetylene Gas Market Estimates & Forecasts, by Application: Key Takeaways
Fig. 20 Acetylene Gas Market Share, By Application, 2022 & 2030
Fig. 21 Acetylene Gas Market Estimates & Forecasts, in Metal Working 2018-2030 (Kilotons) (USD Million)
Fig. 22 Acetylene Gas Market Estimates & Forecasts, in Lamps 2018-2030 (Kilotons) (USD Million)
Fig. 23 Acetylene Gas Market Estimates & Forecasts, in Chemicals 2018-2030 (Kilotons) (USD Million)
Fig. 24 Acetylene Gas Market Estimates & Forecasts, in Others Applications 2018-2030 (Kilotons) (USD Million)
Fig. 25 Acetylene Gas Market Revenue, by Region, 2022 & 2030 (USD Million)
Fig. 26 North America Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 27 U.S. Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 28 Canada Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 29 Mexico Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 30 Europe Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 31 Germany Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 32 UK Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 33 France Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 34 Italy Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 35 Netherland Acetylene Gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 36 Belgium Acetylene Gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 37 Russia Acetylene Gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 38 Asia Pacific Acetylene Gas Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 39 China Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 40 India Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 41 Japan Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 42 Malaysia Acetylene Gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 43 Indonesia Acetylene Gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 44 Vietnam Acetylene Gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 45 Australia Acetylene Gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 46 New Zealand Acetylene Gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 47 Central & South America Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 48 Brazil Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 49 Argentina Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 50 Columbia Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 51 Peru Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 52 Middle East & Africa Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 53 Saudi Arabia Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 54 Iran Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 55 Oman Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 56 UAE Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 57 Qatar Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 58 Kuwait Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 59 Nigeria Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 60 Angola Acetylene Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 61 Key Company Categorization
Fig. 62 Company Market Positioning

Companies Mentioned

  • BASF SE
  • Airgas
  • Gulf Cyro
  • China Petroleum and Chemical Corporation
  • Linde Group
  • SINOPEC
  • Praxair Technology Inc.
  • Dow Chemical Company
  • Toho Acetylene
  • Sichuan Vinylon

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedSeptember 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 3.6 Billion
Forecasted Market Value ( USD ) by 2030 $ 5.4 Billion
Compound Annual Growth Rate5.4%
Regions CoveredGlobal
No. of Companies Mentioned10

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About the Acetylene Gas Market

Acetylene gas is a chemical auxiliary agent used in a variety of industrial processes. It is a colorless, combustible gas with a distinctive odor, and is composed of two carbon atoms and two hydrogen atoms. Acetylene gas is used in welding and cutting, as a fuel for oxy-acetylene torches, and as a chemical intermediate in the production of a variety of organic compounds. It is also used in the production of polymers, plastics, and synthetic rubber. Acetylene gas is produced by the thermal decomposition of calcium carbide, a process that is energy-intensive and requires careful monitoring. The global acetylene gas market is driven by the increasing demand for welding and cutting applications, as well as the growing demand for organic compounds. Some of the major companies in the acetylene gas market include Air Liquide, Praxair, Linde, Air Products, and Messer Group. Show Less Read more

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