The India acetylene market size reached USD 387.10 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 627.30 Million by 2033, exhibiting a growth rate (CAGR) of 5.51% during 2025-2033. The rising demand in metal fabrication, expanding chemical manufacturing, increasing adoption in the automotive and aerospace industries, advancements in gas production technologies, and government initiatives promoting industrialization are boosting market expansion.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 387.10 Million |
Market Forecast in 2033 | USD 627.30 Million |
Market Growth Rate 2025-2033 | 5.51% |
Expansion of the Metal Fabrication Industry
The metal fabrication sector in India is experiencing substantial growth, significantly boosting the demand for acetylene, primarily used in welding and cutting applications. Acetylene's high flame temperature, approximately 3,200°C, makes it ideal for precision welding tasks in industries such as construction, automotive, and shipbuilding. Government initiatives like the "Make in India" campaign and the National Infrastructure Pipeline (NIP), which aims to invest over ₹111 lakh crore (approximately USD 1.5 trillion) by 2025, are driving infrastructure development. This surge in construction activities necessitates extensive metal fabrication, thereby increasing acetylene consumption. Moreover, India's automotive industry is expanding rapidly, with the country producing over 4.5 million vehicles in 2023, marking a 7% increase from the previous year. The manufacturing processes for these vehicles require significant metal fabrication, relying heavily on acetylene for welding and cutting operations, which is propelling the market forward.
Advancements in Acetylene Production Technologies
Technological advancements in acetylene production improve efficiency, safety, and environmental compliance, making it more accessible and desirable to a wide range of sectors. The development of highly efficient acetylene manufacturing processes has decreased operational costs while improving safety, making acetylene more accessible to small and medium-sized businesses. Furthermore, as environmental restrictions become more stringent, the acetylene market places a greater premium on sustainable manufacturing processes. Companies are investing in green solutions that use renewable resources or seek to minimize carbon emissions from acetylene manufacturing. For instance, Denka partnered with Transform Materials LLC in June 2023 to establish a low-carbon acetylene supply chain. The company will install acetylene and hydrogen production equipment at its Omuta Plant in Japan, aiming to reduce CO2 emissions and achieve carbon neutrality by 2050. The agreement aims to attain a "three-star business" with specialty, megatrends, and sustainability under its eight-year management plan, Mission 2030. These developments in production technology not only make acetylene more cost-effective but also correspond with global environmental trends, resulting in growing usage across numerous industrial applications in India.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on production, application, and end user.
Production Insights:
The report has provided a detailed breakup and analysis of the market based on the production. This includes thermal cracking, calcium carbide, and hydrocarbon pyrolysis.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes welding, chemical raw material, and portable lighting.
End User Insights:
The report has provided a detailed breakup and analysis of the market based on the end user. This includes aerospace, automotive, chemical, agriculture, and metal fabrication.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Productions Covered | Thermal Cracking, Calcium Carbide, Hydrocarbon Pyrolysis |
Applications Covered | Welding, Chemical Raw Material, Portable Lighting |
End Users Covered | Aerospace, Automotive, Chemical, Agriculture, Metal Fabrication |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
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) |