Acetylene Market Report 2026

The acetylene market size has grown strongly in recent years. It will grow from $12.15 billion in 2025 to $13.14 billion in 2026 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growth in metal fabrication activities, widespread use in oxy fuel welding, expansion of automotive manufacturing, availability of calcium carbide production, industrialization of emerging economies.

The acetylene market size is expected to see strong growth in the next few years. It will grow to $17.64 billion in 2030 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growth in infrastructure construction, rising demand from repair and maintenance activities, expansion of industrial manufacturing, advancements in gas handling safety, continued demand from fabrication workshops. Major trends in the forecast period include stable demand in welding and cutting applications, continued use in metal fabrication industries, growing industrial gas consumption, expansion of manufacturing activities, preference for high temperature fuel gases.

The increasing demand for construction activities is expected to propel the growth of the acetylene market in the future. Construction activities encompass a variety of tasks and processes involved in the creation of structures, infrastructure, and other physical facilities, including planning, design, construction, and maintenance of diverse projects. Acetylene plays a crucial role in construction by being used for welding, cutting, melting, and joining metal components, such as connecting steel beams and cutting through steel pipes and structural elements during renovation or demolition projects. For example, in February 2024, Eurostat, a Luxembourg-based government agency, reported that the average annual building production in the EU and the euro area increased by 0.1% and 0.2%, respectively, compared to 2022. As a result, the rising demand for construction activities is fueling the expansion of the acetylene market.

Leading companies in the acetylene market are prioritizing advancements in lithium-ion battery production to enhance energy storage solutions, improve battery efficiency, and meet the growing demand for sustainable energy applications. Lithium-ion batteries are rechargeable storage devices that rely on lithium ions as the primary charge carriers, offering high energy density and efficiency. These batteries are extensively used in applications such as consumer electronics, electric vehicles, and renewable energy systems due to their lightweight design, long lifespan, and substantial energy storage capacity. For instance, in November 2023, Transform Materials, a U.S.-based acetylene provider, partnered with Denka Company Limited, a Japan-based chemical manufacturer, to develop a groundbreaking microwave plasma technology. This innovation enables the production of acetylene and hydrogen without CO2 emissions, positioning the companies as leaders in sustainable chemical production. The initiative aims to accelerate low-carbon acetylene mass production, supporting the sustainability of lithium-ion battery manufacturing.

In June 2024, Transform Materials LLC, a US-based clean-technology company specializing in the production of acetylene and hydrogen from short-chain hydrocarbons, partnered with Johnson Matthey Plc to reduce the carbon footprint of polyvinyl chloride (PVC) production. Through this collaboration, the companies aim to provide mercury-free alternative pathways for PVC manufacturing by combining Transform Materials’ low-carbon acetylene production technology with Johnson Matthey’s proprietary mercury-free hydrochlorination catalyst, which converts acetylene into vinyl chloride monomer (VCM), the key precursor for PVC. Johnson Matthey Plc is a UK-based science and technology company focused on advanced catalysis and sustainable chemical solutions.

Major companies operating in the acetylene market are Linde plc, Air Liquide, Air Products and Chemicals Inc, Messer Group, SOL S.p.A., BASF SE, Sinopec, Markor Chemical Industry, Lutianhua Group, Toho Acetylene Co. Ltd, Suzhou Jinhong Gas Co. Ltd, SIG Gases Berhad, Cryogas, Sichuan Vinylon Works, Xinju Chemical Co. Ltd, Chengdu Xinju Chemical Co. Ltd, Jiuce Group, Dongxiang Gas, Ho Tung Chemical, Gulf Cryo, Matheson Gas.

Asia-Pacific was the largest region in the acetylene market in 2025. North America was the second-largest region in the global acetylene market. The regions covered in the acetylene market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the acetylene market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The acetylene market consists of the sales of acetylene used for cutting, brazing, flame gouging, texturing, spot heating, hardening, cleaning, and thermal spraying various materials. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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