Acetylene Market Analysis

Application (Welding, Chemical Raw Materials, Portable Lighting)

The global acetylene market is segmented and analyzed for demand and supply by application into welding, chemical raw materials, portable lighting, and others. Out of these four types of segments, the welding segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the high flame temperature of acetylene that creates more intense heat and thus assists in creating a stronger weld on metals. Combustion of acetylene with oxygen produces an extreme flame of over 3,330°Celsius, which is highly suitable for welding and other metal works. which is estimated to boost the segment growth. In addition to this, increasing demand for welding products, along with the globally rising production of steel is also anticipated to surge the growth of the segment over the forecast period as the welding process is highly used in the manufacturing of steel. For instance, the worldwide production of crude steel increased from 1.875 billion metric tons in 2020 to 1.960 billion metric tons in 2021.

End-user (Aerospace, Automotive, Chemical, Agriculture, Metal Fabrication)

The global acetylene market is also segmented and analyzed for demand and supply by end-user into aerospace, automotive, chemical, agriculture, metal fabrication, and others. Amongst these five segments, the automotive segment is expected to garner a significant share. The growth of the segment can be attributed to the surging production of automotive vehicles throughout the world. The demand for passenger and commercial vehicle is radically rising. This rising demand for vehicles is also fueling the utilization of acetylene at a larger scale as acetylene is highly used for making the body and other metallic parts of vehicles. Besides this, the metal fabrication segment is also anticipated to grasp a notable market share. The growth of this segment is credited to the escalating application of metalworking in various industries throughout the world. This, as a result, is anticipated to create numerous opportunities for the growth of the segment in the projected time frame.

Our in-depth analysis of the global market includes the following segments:

By Production	Thermal Cracking Calcium Carbide Hydrocarbon Pyrolysis
By Application	Welding Chemical Raw Materials Portable Lighting Others
By End-User	Aerospace Automotive Chemical Agriculture Metal Fabrication Others

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of acetylene is assessed at USD 6.71 billion.

The acetylene market size was over USD 6.51 billion in 2024 and is projected to reach USD 10.65 billion by the end of 2037, growing at around 3.9% CAGR during the forecast period i.e., between 2025-2037. Growth in automotive industry, worldwide rising production of synthetic rubber, and rising demand for polymers and resins will boost the market growth.

Asia Pacific is likely to dominate majority industry share by 2037, attributed to increasing transportation activities in the nations including India, Japan, China, and so on, coupled with growing sale of automobiles, higher surge in the sale of vehicles, along with presence of major automobile manufacturers in the region.

The major players in the market include BASF SE, Praxair, Inc., China Petrochemical Corporation, Linde plc, Gulf Cryo, Akzo Nobel N.V., AmeriGas Propane, L.P., Ferrellgas Partners, L.P., Messer SE & CO. KGaA, Airgas, Inc.

Acetylene Market Analysis