Global Acetylene Gas Market Size Study, by End-use (Transportation, Building & Construction, Electric & Electronics, Pharmaceutical), by Application (Metal Working, Chemicals, Lamps), and Regional Forecasts 2022-2032

Description

The Global Acetylene Gas Market, valued at approximately USD 3.79 billion in 2023, is poised for substantial growth, with a forecasted CAGR of 5.40% during the period 2024-2032. Acetylene gas, a crucial hydrocarbon in industrial applications, is widely recognized for its high-temperature flame and chemical versatility. This makes it indispensable in various sectors, including transportation, building and construction, and pharmaceuticals. As industries strive for operational efficiency and environmental compliance, acetylene gas continues to find new avenues of application, particularly in metalworking processes, chemical synthesis, and specialty lamp production.

Driven by advancements in acetylene manufacturing technologies, the market benefits from enhanced safety protocols and energy-efficient production techniques. Key players are investing significantly in research to reduce the environmental footprint of acetylene gas production. However, challenges such as stringent regulatory frameworks and fluctuating raw material prices may constrain growth. Nevertheless, innovations in sustainable production methods and the development of acetylene-derived specialty chemicals present lucrative opportunities for stakeholders in the market.

Geographically, North America dominates the market, supported by its robust manufacturing base and significant demand from the automotive and construction sectors. Europe retains a substantial share, driven by its advanced industrial infrastructure and emphasis on environmentally sustainable practices. Meanwhile, the Asia-Pacific region is expected to experience the fastest growth, fueled by rapid industrialization, urbanization, and increasing investments in infrastructure projects in countries like China and India.

Major market players included in this report are:

Air Products and Chemicals, Inc.
Linde plc
BASF SE
Praxair, Inc.
Air Liquide
Taiyo Nippon Sanso Corporation
Messer Group GmbH
Gulf Cryo
Chengdu Xinju Chemical Co., Ltd.
Bhuruka Gases Limited
Coregas Pty Ltd.
Guangdong Huate Gas Co., Ltd.
Koatsu Gas Kogyo Co., Ltd.
DOW Chemical Company
Universal Industrial Gases, Inc.

The detailed segments and sub-segments of the market are explained below:

By End-use:

Transportation
Building & Construction
Electric & Electronics
Pharmaceutical

By Application:

Metal Working
Chemicals
Lamps

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
UAE
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024-2032

Key Takeaways:

Comprehensive market estimates and forecasts from 2022 to 2032.
Regional analysis covering major countries and regions.
In-depth evaluation of the competitive landscape, highlighting key players and their strategies.
Strategic recommendations for stakeholders to capitalize on emerging trends.
Detailed demand-side and supply-side market analysis.

Chapter 1. Global Acetylene Gas Market Executive Summary

1.1. Global Acetylene Gas Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By End-use
- 1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Acetylene Gas Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Acetylene Gas Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Demand in Transportation Sector
- 3.1.2. Technological Advancements in Acetylene Manufacturing
- 3.1.3. Increasing Use in Metal Working and Chemical Applications
3.2. Market Challenges
- 3.2.1. Stringent Regulatory Frameworks
- 3.2.2. Fluctuating Raw Material Prices
3.3. Market Opportunities
- 3.3.1. Innovations in Sustainable Production Methods
- 3.3.2. Development of Specialty Acetylene-derived Chemicals
- 3.3.3. Expansion into Emerging Markets

Chapter 4. Global Acetylene Gas Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Acetylene Gas Market Size & Forecasts by End-use 2022-2032

5.1. Segment Dashboard
5.2. Global Acetylene Gas Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Transportation
- 5.2.2. Building & Construction
- 5.2.3. Electric & Electronics
- 5.2.4. Pharmaceutical

Chapter 6. Global Acetylene Gas Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Acetylene Gas Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Metal Working
- 6.2.2. Chemicals
- 6.2.3. Lamps

Chapter 7. Global Acetylene Gas Market Size & Forecasts by Region 2022-2032

7.1. North America Acetylene Gas Market
- 7.1.1. U.S. Acetylene Gas Market
  - 7.1.1.1. End-use Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Acetylene Gas Market
7.2. Europe Acetylene Gas Market
- 7.2.1. UK Acetylene Gas Market
- 7.2.2. Germany Acetylene Gas Market
- 7.2.3. France Acetylene Gas Market
- 7.2.4. Italy Acetylene Gas Market
- 7.2.5. Spain Acetylene Gas Market
- 7.2.6. Rest of Europe Acetylene Gas Market
7.3. Asia-Pacific Acetylene Gas Market
- 7.3.1. China Acetylene Gas Market
- 7.3.2. India Acetylene Gas Market
- 7.3.3. Japan Acetylene Gas Market
- 7.3.4. South Korea Acetylene Gas Market
- 7.3.5. Australia Acetylene Gas Market
- 7.3.6. Rest of Asia Pacific Acetylene Gas Market
7.4. Latin America Acetylene Gas Market
- 7.4.1. Brazil Acetylene Gas Market
- 7.4.2. Mexico Acetylene Gas Market
- 7.4.3. Rest of Latin America Acetylene Gas Market
7.5. Middle East & Africa Acetylene Gas Market
- 7.5.1. Saudi Arabia Acetylene Gas Market
- 7.5.2. UAE Acetylene Gas Market
- 7.5.3. South Africa Acetylene Gas Market
- 7.5.4. Rest of Middle East & Africa Acetylene Gas Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Air Products and Chemicals, Inc.
- 8.1.2. Linde plc
- 8.1.3. BASF SE
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Air Products and Chemicals, Inc.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Linde plc
- 8.3.3. BASF SE
- 8.3.4. Praxair, Inc.
- 8.3.5. Air Liquide
- 8.3.6. Taiyo Nippon Sanso Corporation
- 8.3.7. Messer Group GmbH
- 8.3.8. Gulf Cryo
- 8.3.9. Chengdu Xinju Chemical Co., Ltd.
- 8.3.10. Bhuruka Gases Limited
- 8.3.11. Coregas Pty Ltd.
- 8.3.12. Guangdong Huate Gas Co., Ltd.
- 8.3.13. Koatsu Gas Kogyo Co., Ltd.
- 8.3.14. DOW Chemical Company
- 8.3.15. Universal Industrial Gases, Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes