Home > > Materials And Chemicals > > Acetylene Cylinder Market to Reach USD 5.86 Billion by 2032 | CAGR 5.5%
ID : CBI_3065 | Updated on : | Author : Sagar Walame | Category : Materials And Chemicals
Acetylene Cylinder Market Size is estimated to reach over USD 5.86 Billion by 2032 from a value of USD 3.94 Billion in 2024 and is projected to grow by USD 4.07 Billion in 2025, growing at a CAGR of 5.5% from 2025 to 2032.
An acetylene cylinder is a specialized container designed to store and transport acetylene gas, a highly flammable hydrocarbon used primarily for welding, cutting, and chemical synthesis. They are filled with a porous material, such as balsa wood or charcoal, soaked in acetone and acetylene gas is then dissolved in this acetone. This design is crucial because acetylene is unstable in its pure compressed form and can decompose explosively. The porous material stabilizes the gas, preventing large pockets of free acetylene from forming, while the acetone allows for a greater volume of gas to be safely stored at a lower pressure. These cylinders are typically maroon in color and have specific safety features, including fusible plugs that melt at high temperatures to release pressure and left-handed valve threads to prevent accidental connection to other gas systems.
Infrastructure projects, such as the construction of bridges, highways, railways, buildings, and pipelines, heavily rely on welding and cutting of steel and other metals. Acetylene, when combined with oxygen, produces a very high flame temperature, ideal for these applications. As infrastructure development accelerates, the demand for oxy-acetylene welding and cutting increases proportionally, leading to higher consumption of acetylene gas and, consequently, driving the acetylene cylinder market size.
Consequently, infrastructure development is driving the acetylene cylinder market expansion.
The highly flammable nature of acetylene necessitates strict regulations concerning its production, storage, transportation, and usage. These regulations, implemented by various authorities worldwide like OSHA in the US and DSEAR in the UK, increase operational costs for businesses involved in the acetylene market. Compliance requires significant investments in safety equipment, training, and infrastructure, potentially hindering market expansion, especially for smaller players.
Additionally, acetylene's instability, particularly in its pure compressed form, leads to a high risk of fires and explosions if not handled correctly. This inherent danger necessitates specialized cylinders (filled with porous material and acetone to dissolve the gas), handling procedures, and safety measures. Accidents can lead to severe consequences, including injuries, fatalities, property damage, and environmental hazards, potentially impacting the reputation and growth of the industry.
Therefore, as per the analysis, these combined factors are significantly hindering acetylene cylinder market share.
Traditional acetylene production often relies on non-renewable resources like coal or natural gas, contributing to greenhouse gas emissions. Biogas, derived from the anaerobic digestion of organic waste such as agricultural residues, sewage sludge, etc., offer a renewable and potentially carbon-neutral pathway for acetylene production. Successful commercialization of these methods significantly reduces the environmental footprint of acetylene, an attractive option for environmentally conscious industries. Additionally, shifting towards bio-based acetylene production would reduce the reliance on finite fossil fuel reserves and their price volatility. This increased energy independence can lead to more stable and potentially lower production costs, making acetylene more competitive with alternative fuels and processes, hence boosting acetylene cylinder market demand.
Hence, based on the analysis, ongoing R&D efforts focused on producing acetylene from biogas and other bio-based fuels are expected to create acetylene cylinder market opportunities.
Based on the Material, the market is categorized into Steel Cylinders and Composite Cylinders.
Trends in the Material:
Steel Cylinders accounted for the largest revenue share in 2024 and is also projected to register the fastest growth during the forecast period.
Based on the Capacity, the market is classified into Below 10L, 10L-40L, and Above 40L.
Trends in the Capacity:
10L-40L accounted for the largest revenue share of 58.47% in 2024.
Above 40L is predicted to register the fastest CAGR during the forecast period.
Based on the Application, the market is categorized into Industrial, Chemical Synthesis, Scientific Research, and Others.
Trends in the Application:
Industrial accounted for the largest revenue share in 2024.
Chemical Synthesis is predicted to register the fastest CAGR during the forecast period.
The global acetylene cylinder market has been classified by region into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Asia Pacific was valued at USD 1.31 Billion in 2024. Moreover, it is projected to grow by USD 1.36 Billion in 2025 and reach over USD 2.01 Billion by 2032. Out of these, China accounted for the largest revenue share of 35.01% in 2024. The expanding chemical sector in the Asia Pacific region is indeed a significant driver for the acetylene cylinder market. Acetylene is used in the manufacturing of PVC (polyvinyl chloride) and acrylics, which have extensive applications in construction, automotive, and consumer goods. It is also used in the production of agrochemicals including pesticides and herbicides essential for the agricultural sector.
North America region was valued at USD 1.19 Billion in 2024. Moreover, it is projected to grow by USD 1.22 Billion in 2025 and reach over USD 1.73 Billion by 2032. The aerospace sector in U.S. demands high-precision welding for manufacturing aircraft components using lightweight and high-strength materials. Oxy-acetylene welding provides the necessary control and heat intensity for these applications. Acetylene is also utilized in the maintenance, repair, and overhaul (MRO) of aircraft, thus contributing notably in accelerating the market expansion.
As per the acetylene cylinder market analysis, the European market is relatively mature with established players and stringent safety regulations, seeing growth from consistent industrial demand, especially in the automotive sector. Additionally, Latin America region shows increase, driven by expanding industrial sectors like oil & gas, and increasing infrastructure development in countries like Brazil. Further, the acetylene cylinder market is growing in Middle East and Africa due to increased industrialization, rising construction activities, and extension in the oil & gas sector, particularly in Saudi Arabia and the UAE.
The market is highly competitive with major players providing acetylene cylinder to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the market. Key players in the acetylene cylinder industry include-
Report Attributes | Report Details |
Study Timeline | 2019-2032 |
Market Size in 2032 | USD 5.86 Billion |
CAGR (2025-2032) | 5.5% |
By Material |
|
By Capacity |
|
By Application |
|
By Region |
|
Key Players |
|
North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
|
The acetylene cylinder market size is estimated to reach over USD 5.86 Billion by 2032 from a value of USD 3.94 Billion in 2024 and is projected to grow by USD 4.07 Billion in 2025, growing at a CAGR of 5.5% from 2025 to 2032.
The acetylene cylinder report includes specific segmentation details for material, capacity, application, and regions.
In the acetylene cylinder market, chemical synthesis is the fastest-growing segment during the forecast period.
The key participants in the acetylene cylinder market are Air Products (United States), Linde plc (Ireland), Worthington Cylinders (United States), Norris Cylinder (United States), Axcel Gases (India), GCE Group (Sweden), Messer Group (Germany), MATHESON (United States), Kanto Koatsu-Yoki Manufacturing Co., Ltd. (Japan), Harris Products Group (United States), and Others.