Global Acetylene Gas Market Shows Steady Industrial Growth

Thu, 08 May 2025 06:11:23 +0000

The global acetylene gas market was valued at USD 6.83 billion in 2023 and is projected to grow at a CAGR of 5.27% from 2024 to 2033. This growth is primarily driven by increasing demand across key industries such as chemical manufacturing, metal fabrication, and automotive production. Acetylene’s unique properties—particularly its high flame temperature and rapid ignition—make it highly effective for brazing, welding, and cutting applications. Additionally, the healthcare sector is emerging as a promising growth area due to acetylene’s use in treating medical conditions like angina and hypertension.