아세틸렌 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 형태별, 최종사용자별, 지역별＆경쟁(2021-2031년)

The Global Acetylene Market is projected to expand from USD 7.04 Billion in 2025 to USD 8.65 Billion by 2031, registering a CAGR of 3.49%. Chemically defined as C2H2, this highly flammable hydrocarbon gas is widely utilized for its intense flame temperature in oxy-fuel welding and cutting, while also serving as a vital feedstock in the synthesis of organic chemicals such as vinyl chloride monomer. Key drivers supporting this growth include persistent demand from the metal fabrication industry for precision cutting applications and an expanding chemical manufacturing sector that relies on acetylene to produce essential derivatives. Highlighting the sector's vast scale, the European Industrial Gases Association (EIGA) reported that the global industrial gas market, of which acetylene is a critical fuel gas segment, was valued at €86.9 billion in 2024.

Despite this strong demand, a significant challenge hindering market expansion is the gas's inherent instability at high pressures, which necessitates complex storage solutions involving dissolved solvents and porous mass within heavy cylinders. This requirement for specialized handling infrastructure significantly increases logistical costs and imposes stringent safety compliance burdens. Consequently, these factors can restrict supply chain flexibility when compared to more stable alternative fuel gases.

Market Driver

The expansion of construction and infrastructure development acts as a primary catalyst for the acetylene market, driving the consumption of oxy-acetylene for structural steel cutting and welding. As emerging economies accelerate urbanization, the need for metal fabrication in bridges, railways, and commercial buildings ensures a steady demand for this high-temperature fuel gas. Government-led fiscal initiatives are heavily incentivizing these metal-intensive projects, securing a consistent baseline of consumption for dissolved acetylene. For instance, the Ministry of Finance, Government of India, announced in the 'Interim Budget 2024-2025' in February 2024 that the capital expenditure outlay for infrastructure was increased by 11.1% to ₹11,11,111 crore, signaling a massive pipeline of construction activities that necessitate robust industrial gas supply chains.

Simultaneously, the surging adoption of acetylene black in electric vehicle batteries represents a high-value growth vector, shifting the gas's role from a fuel to a critical electronic material. Acetylene serves as the precursor for producing highly conductive carbon black, which is essential for lithium-ion battery cathodes to improve conductivity and discharge rates, a use case directly correlated with the global transition toward e-mobility. According to the International Energy Agency's 'Global EV Outlook 2024' released in April 2024, global electric car sales reached nearly 14 million in 2023, creating a parallel surge in demand for battery-grade precursors. To support such diverse industrial gas requirements, major suppliers are maintaining significant financial scale; for example, Linde plc reported full-year 2023 sales of $32.9 billion in 2024, highlighting the substantial economic capacity available to modernize acetylene distribution infrastructure.

Market Challenge

The inherent instability of acetylene at high pressures constitutes a formidable barrier to market growth, primarily by enforcing a rigid and capital-intensive supply chain. Unlike stable industrial gases that can be compressed into lightweight vessels, acetylene requires storage in heavy cylinders packed with a porous mass and dissolved in a solvent like acetone to prevent explosive decomposition. This necessity creates severe logistical inefficiencies, as the substantial tare weight of the cylinders compels distributors to transport significant "dead weight" relative to the actual volume of fuel gas. Consequently, transportation fuel costs per unit of energy delivered are disproportionately high, reducing the economic reach of suppliers.

Furthermore, the volatility of the gas imposes stringent regulatory and safety compliance burdens that drive up operational expenditures. Facilities must invest heavily in specialized infrastructure and continuous workforce training to manage the risks associated with handling such hazardous material. This reliance on human capital for safety assurance is substantial; according to the 'European Industrial Gases Association' in '2024', the industrial gases sector in the EU-27 directly employed approximately 40,100 people, reflecting the massive human resource investment required to maintain safe operations. These elevated handling and logistical costs erode profit margins and render acetylene less competitive compared to more stable, easier-to-transport alternatives like propane, thereby directly hampering its expansion in cost-sensitive markets.

Market Trends

Manufacturers are increasingly revisiting acetylene as a viable alternative building block to ethylene, particularly in regions leveraging coal-to-chemical strategies. This resurgence is driven by the need to diversify raw material sources and capitalize on abundant coal reserves for producing vinyl chloride monomer and other derivatives. This strategic shift is highlighted by the sector's expanding input consumption; according to Climate Change News in August 2025, in the article 'China's emissions fall but growing coal-to-chemicals sector raises concern', the coal-to-chemicals industry, which extensively utilizes the carbide-acetylene route, witnessed a 20% year-on-year increase in coal consumption during the first half of 2025. This surge underscores the market's pivot towards indigenous feedstocks to secure supply chain resilience against volatile oil-based olefin prices.

The market is also undergoing a digital transformation through the integration of IoT and automated supply chain solutions to optimize gas management. Suppliers are transitioning from manual operations to advanced filling systems and smart monitoring tools that ensure precise mixture accuracy and real-time inventory tracking. This operational modernization is generating substantial demand for specialized technology; according to GAWDA Media in March 2025, in the '2025 Supplier Forecast', automation specialist Weldcoa projects a 20-25% growth in 2025, driven specifically by the surging demand for their automated gas blending and analytical packages. This adoption reflects a critical focus on mitigating the safety risks inherent in handling volatile fuel gases while improving logistical efficiency.

Key Market Players

• Airgas, Inc.
• Linde plc
• China Petroleum & Chemical Corporation
• Jinhong Gas Co., Ltd
• Gulf Cryo Holding C.S.C
• Praxair Technology, Inc.
• Messer Canada Inc.
• Ellenbarrie Industrial Gases Limited
• Matheson Tri-Gas, Inc.
• Rexarc International, Inc.

Report Scope

In this report, the Global Acetylene Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Acetylene Market, By Form

• Gas
• Liquid
• Others

Acetylene Market, By End User

• Automotive
• Metal Fabrication
• Aerospace
• Pharmaceutical
• Glass
• Others

Acetylene Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Acetylene Market.

Available Customizations:

Global Acetylene Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Acetylene Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Form (Gas, Liquid, Others)
  • 5.2.2. By End User (Automotive, Metal Fabrication, Aerospace, Pharmaceutical, Glass, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America Acetylene Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Form
  • 6.2.2. By End User
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Acetylene Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Form
      • 6.3.1.2.2. By End User
  • 6.3.2. Canada Acetylene Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Form
      • 6.3.2.2.2. By End User
  • 6.3.3. Mexico Acetylene Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Form
      • 6.3.3.2.2. By End User

7. Europe Acetylene Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Form
  • 7.2.2. By End User
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Acetylene Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Form
      • 7.3.1.2.2. By End User
  • 7.3.2. France Acetylene Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Form
      • 7.3.2.2.2. By End User
  • 7.3.3. United Kingdom Acetylene Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Form
      • 7.3.3.2.2. By End User
  • 7.3.4. Italy Acetylene Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Form
      • 7.3.4.2.2. By End User
  • 7.3.5. Spain Acetylene Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Form
      • 7.3.5.2.2. By End User

8. Asia Pacific Acetylene Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Form
  • 8.2.2. By End User
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Acetylene Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Form
      • 8.3.1.2.2. By End User
  • 8.3.2. India Acetylene Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Form
      • 8.3.2.2.2. By End User
  • 8.3.3. Japan Acetylene Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Form
      • 8.3.3.2.2. By End User
  • 8.3.4. South Korea Acetylene Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Form
      • 8.3.4.2.2. By End User
  • 8.3.5. Australia Acetylene Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Form
      • 8.3.5.2.2. By End User

9. Middle East & Africa Acetylene Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Form
  • 9.2.2. By End User
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Acetylene Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Form
      • 9.3.1.2.2. By End User
  • 9.3.2. UAE Acetylene Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Form
      • 9.3.2.2.2. By End User
  • 9.3.3. South Africa Acetylene Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Form
      • 9.3.3.2.2. By End User

10. South America Acetylene Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Form
  • 10.2.2. By End User
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Acetylene Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Form
      • 10.3.1.2.2. By End User
  • 10.3.2. Colombia Acetylene Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Form
      • 10.3.2.2.2. By End User
  • 10.3.3. Argentina Acetylene Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Form
      • 10.3.3.2.2. By End User

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Acetylene Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Airgas, Inc.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Linde plc
• 15.3. China Petroleum & Chemical Corporation
• 15.4. Jinhong Gas Co., Ltd
• 15.5. Gulf Cryo Holding C.S.C
• 15.6. Praxair Technology, Inc.
• 15.7. Messer Canada Inc.
• 15.8. Ellenbarrie Industrial Gases Limited
• 15.9. Matheson Tri-Gas, Inc.
• 15.10. Rexarc International, Inc.

16. Strategic Recommendations

17. About Us & Disclaimer