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Acetylene Gas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global acetylene gas market exhibited steady growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 2.7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Acetylene is a colourless combustible gas that is produced through the combination of calcium carbonate and water. It can also be generated using hydrocarbons, such as coal, crude oil, and naphtha, and becomes highly explosive when it is liquified, compressed, heated or mixed with air. This gas is most commonly used as an intermediate for the manufacturing of chemicals and cutting and welding functions in metalworking applications. It is also used for the manufacturing of commercial dry-cell batteries and acetylic alcohols and finds extensive applications across various industries, including chemical, automotive, transportation, aerospace and pharmaceutical. 

The market is primarily being driven by the significant growth in the chemical industry, along with rapid industrialization across the globe. Owing to its high flame-temperature properties, acetylene gas is extensively used for various metalworking applications, including oxyacetylene cutting, heat treating, soldering, brazing and welding. In comparison to the traditionally used oxygen-based fuels, the combination of oxyacetylene provides faster piercing and preheating. This offers improved cutting quality, speed and cut initiation time, thereby leading to enhanced efficiency and widespread utilization of the gas across industries. Furthermore, acetylene gas is also utilized for the synthesis of various chemicals, such as acetic anhydride, acetic acid and acetaldehyde. Apart from this, it finds applications in the glass and materials processing industries for carbon coating as it aids in creating lubrication between the material surfaces. Other factors, including extensive research and development (R&D) activities focused on generating the gas from biogas and other bio-based fuels, are also providing a boost to the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global acetylene gas market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on production method and application.

Breakup by Production Method:

  • Calcium Carbide
  • Hydrocarbon Pyrolysis
     

Breakup by Application:

  • Chemical Synthesis
  • Welding and Cutting
  • Metal Fabrication
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Airgas, BASF SE, China Petroleum and Chemical Corporation, Gulf Cyro, Hebei Xingyu Chemical Co. Ltd., Ilmo Products Company, Linde Aktiengesellschaft, Praxair Inc., Shandong Xinlong Group Co. Ltd., Suzhou Jinhong Gas Co. Ltd., The Dow Chemical Company, Toho Acetylene, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
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, BASF SE, China Petroleum and Chemical Corporation, Gulf Cyro, Hebei Xingyu Chemical Co. Ltd., Ilmo Products Company, Linde Aktiengesellschaft, Praxair Inc., Shandong Xinlong Group Co. Ltd., Suzhou Jinhong Gas Co. Ltd., The Dow Chemical Company and Toho Acetylene
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
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)

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Acetylene Gas Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19 
    5.4    Market Forecast
6   Market Breakup by Production Method
    6.1    Calcium Carbide
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Hydrocarbon Pyrolysis
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Application
    7.1    Chemical Synthesis
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Welding and Cutting
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Metal Fabrication
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9   SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12  Price Indicators
13  Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Airgas
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio 
        13.3.2    BASF SE
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio 
           13.3.2.3 Financials
           13.3.2.4 SWOT Analysis
        13.3.3    China Petroleum and Chemical Corporation
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio 
           13.3.3.3 Financials
           13.3.3.4 SWOT Analysis
        13.3.4    Gulf Cyro
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio 
        13.3.5    Hebei Xingyu Chemical Co. Ltd.
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio 
        13.3.6    Ilmo Products Company
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio 
        13.3.7    Linde Aktiengesellschaft
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio 
           13.3.7.3 Financials
        13.3.8    Praxair Inc.
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio 
        13.3.9    Shandong Xinlong Group Co. Ltd.
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio 
        13.3.10    Suzhou Jinhong Gas Co. Ltd.
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio 
        13.3.11    The Dow Chemical Company
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio 
        13.3.12    Toho Acetylene
           13.3.12.1 Company Overview
           13.3.12.2 Product Portfolio 
           13.3.12.3 Financials

List of Figures

Figure 1: Global: Acetylene Gas Market: Major Drivers and Challenges
Figure 2: Global: Acetylene Gas Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Acetylene Gas Market: Breakup by Production Method (in %), 2020
Figure 4: Global: Acetylene Gas Market: Breakup by Application (in %), 2020
Figure 5: Global: Acetylene Gas Market: Breakup by Region (in %), 2020
Figure 6: Global: Acetylene Gas Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 7: Global: Acetylene Gas (Calcium Carbide) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Acetylene Gas (Calcium Carbide) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Acetylene Gas (Hydrocarbon Pyrolysis) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Acetylene Gas (Hydrocarbon Pyrolysis) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Acetylene Gas (Chemical Synthesis) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Acetylene Gas (Chemical Synthesis) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Acetylene Gas (Welding and Cutting) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Acetylene Gas (Welding and Cutting) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Acetylene Gas (Metal Fabrication) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Acetylene Gas (Metal Fabrication) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Acetylene Gas (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Acetylene Gas (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: North America: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: North America: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: United States: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: United States: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Canada: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Canada: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Asia Pacific: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Asia Pacific: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: China: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: China: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Japan: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Japan: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: India: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: India: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: South Korea: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: South Korea: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Australia: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Australia: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Indonesia: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Indonesia: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Others: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Others: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Europe: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Europe: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Germany: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Germany: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: France: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: France: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: United Kingdom: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: United Kingdom: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Italy: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Italy: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Spain: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Spain: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Russia: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Russia: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Others: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Others: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Latin America: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Latin America: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Brazil: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Brazil: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Mexico: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Mexico: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Others: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Others: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Middle East and Africa: Acetylene Gas Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Middle East and Africa: Acetylene Gas Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Global: Acetylene Gas Industry: SWOT Analysis
Figure 68: Global: Acetylene Gas Industry: Value Chain Analysis
Figure 69: Global: Acetylene Gas Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Acetylene Gas Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Acetylene Gas Market Forecast: Breakup by Production Method (in Million US$), 2021-2026
Table 3: Global: Acetylene Gas Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Acetylene Gas Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Acetylene Gas Market: Competitive Structure
Table 6: Global: Acetylene Gas Market: Key Players

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Key Question Answered in this Report

We expect the global acetylene gas market to exhibit a CAGR of 2.7% during 2021-2026.

A significant growth in the chemical industry, along with elevating levels of industrialization, represent some of the factors driving the global acetylene gas market.

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries for acetylene gas.

Based on the application, the global acetylene gas market can be divided into chemical synthesis, welding and cutting, metal fabrication, and others. Among these, welding and cutting currently represents the largest application of the market.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market. 

Some of the major players in the global acetylene gas market include Airgas, BASF SE, China Petroleum and Chemical Corporation, Gulf Cyro, Hebei Xingyu Chemical Co. Ltd., Ilmo Products Company, Linde Aktiengesellschaft, Praxair Inc., Shandong Xinlong Group Co. Ltd., Suzhou Jinhong Gas Co. Ltd., The Dow Chemical Company, Toho Acetylene, etc.

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