The Asia Pacific Acetylene Gas Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 868.2 Kilo Tonnes, showcasing a growth of 5.6% (2019-2022).
The market has witnessed several notable trends that have shaped its growth and development. These trends are reflective of the evolving industrial landscape and changing customer demands. As safety and environmental regulations become increasingly stringent, there is a growing emphasis on safer acetylene handling and storage. Innovations in acetylene storage and distribution systems continually evolve to meet these requirements while reducing environmental impact.
Additionally, the industry has seen advancements in acetylene production technology, focusing on enhancing efficiency and reducing energy consumption. Developing advanced gas generation and purification methods contributes to a more sustainable and cost-effective supply chain. While acetylene remains a popular choice for cutting and welding, alternative methods such as laser and plasma arc cutting are gaining traction. These methods offer advantages such as higher precision and reduced environmental impact.
Many countries in the Asia-Pacific region are experiencing rapid urbanization, leading to increased demand for infrastructure to support growing urban populations. Cities are expanding, and there's a need for improved transportation, housing, and utilities. For example, the objective of India's "Smart Cities Mission" is to enhance the infrastructure, transportation, and public services of 100 cities in India, thereby transforming them into smart cities. This initiative includes investments in public transportation, housing, waste management, and technology solutions.
As per the data released by the State Council of China in 2022, the Government has decided to increase infrastructure investment by issuing financial bonds, aiming to raise 300 billion yuan (approximately $44.71 billion). This amount will be used to replenish major projects and other measures. As of May, special bonds amounting to 2.03 trillion yuan were issued, representing 59 percent of the total quota. This indicates a significant increase of 1.4 trillion yuan compared to the corresponding period in the previous year. Therefore, growing infrastructure investments in countries like China and India are expected to increase the demand for acetylene gas in the Asia Pacific region.
The China market dominated the Asia Pacific Acetylene Gas Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $496.2 Million by 2030. The Japan market is exhibiting a CAGR of 5% during (2023 - 2030). Additionally, The India market would experience a CAGR of 6.3% during (2023 - 2030).
Based on Application, the market is segmented into Metal Working, Chemicals, Lamps, and Others. Based on End-Use, the market is segmented into Transportation, Electric & Electronics, Building & Construction, Pharmaceutical, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Acetylene Gas Market is Predict to reach USD 5.3 Billion by 2030, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Airgas, Inc. (L’AIR LIQUIDE S.A.), Gulf Cryo, Linde plc, The Dow Chemical Company, Asia Technical Gas Co (Pte) Ltd, Jinhong Gas Co., Ltd, Koatsu Gas Kogyo Co., Ltd., Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings), and Butler Gas Products Company.
Scope of the Study
Market Segments Covered in the Report:
By Application(Volume, Kilo Tonnes, USD Million, 2019-2030)
- Metal Working
- Chemicals
- Lamps
- Others
By End-Use (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Transportation
- Electric & Electronics
- Building & Construction
- Pharmaceutical
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Airgas, Inc. (L’AIR LIQUIDE S.A.)
- Gulf Cryo
- Linde plc
- The Dow Chemical Company
- Asia Technical Gas Co (Pte) Ltd
- Jinhong Gas Co., Ltd
- Koatsu Gas Kogyo Co., Ltd.
- Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings)
- Butler Gas Products Company
TABLE 1 Asia Pacific Acetylene Gas Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Acetylene Gas Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Acetylene Gas Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Acetylene Gas Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Acetylene Gas Market by Application, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Acetylene Gas Market by Application, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Acetylene Gas Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Acetylene Gas Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Metal Working Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Metal Working Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Metal Working Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Metal Working Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Chemicals Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Chemicals Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Chemicals Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Chemicals Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Lamps Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Lamps Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Lamps Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Lamps Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Acetylene Gas Market by End-Use, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Acetylene Gas Market by End-Use, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Acetylene Gas Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Acetylene Gas Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Transportation Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Transportation Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Transportation Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Transportation Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Electric & Electronics Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Electric & Electronics Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Electric & Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Electric & Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Building & Construction Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Building & Construction Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Building & Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Building & Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Asia Pacific Pharmaceutical Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Pharmaceutical Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Pharmaceutical Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Asia Pacific Pharmaceutical Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Asia Pacific Acetylene Gas Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Acetylene Gas Market by Country, 2023 - 2030, USD Million
TABLE 51 Asia Pacific Acetylene Gas Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Asia Pacific Acetylene Gas Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 China Acetylene Gas Market, 2019 - 2022, USD Million
TABLE 54 China Acetylene Gas Market, 2023 - 2030, USD Million
TABLE 55 China Acetylene Gas Market, 2019 - 2022, Kilo Tonnes
TABLE 56 China Acetylene Gas Market, 2023 - 2030, Kilo Tonnes
TABLE 57 China Acetylene Gas Market by Application, 2019 - 2022, USD Million
TABLE 58 China Acetylene Gas Market by Application, 2023 - 2030, USD Million
TABLE 59 China Acetylene Gas Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 China Acetylene Gas Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 China Acetylene Gas Market by End-Use, 2019 - 2022, USD Million
TABLE 62 China Acetylene Gas Market by End-Use, 2023 - 2030, USD Million
TABLE 63 China Acetylene Gas Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 64 China Acetylene Gas Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 65 Japan Acetylene Gas Market, 2019 - 2022, USD Million
TABLE 66 Japan Acetylene Gas Market, 2023 - 2030, USD Million
TABLE 67 Japan Acetylene Gas Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Japan Acetylene Gas Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Japan Acetylene Gas Market by Application, 2019 - 2022, USD Million
TABLE 70 Japan Acetylene Gas Market by Application, 2023 - 2030, USD Million
TABLE 71 Japan Acetylene Gas Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 Japan Acetylene Gas Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 Japan Acetylene Gas Market by End-Use, 2019 - 2022, USD Million
TABLE 74 Japan Acetylene Gas Market by End-Use, 2023 - 2030, USD Million
TABLE 75 Japan Acetylene Gas Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 76 Japan Acetylene Gas Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 77 India Acetylene Gas Market, 2019 - 2022, USD Million
TABLE 78 India Acetylene Gas Market, 2023 - 2030, USD Million
TABLE 79 India Acetylene Gas Market, 2019 - 2022, Kilo Tonnes
TABLE 80 India Acetylene Gas Market, 2023 - 2030, Kilo Tonnes
TABLE 81 India Acetylene Gas Market by Application, 2019 - 2022, USD Million
TABLE 82 India Acetylene Gas Market by Application, 2023 - 2030, USD Million
TABLE 83 India Acetylene Gas Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 India Acetylene Gas Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 India Acetylene Gas Market by End-Use, 2019 - 2022, USD Million
TABLE 86 India Acetylene Gas Market by End-Use, 2023 - 2030, USD Million
TABLE 87 India Acetylene Gas Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 88 India Acetylene Gas Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 89 South Korea Acetylene Gas Market, 2019 - 2022, USD Million
TABLE 90 South Korea Acetylene Gas Market, 2023 - 2030, USD Million
TABLE 91 South Korea Acetylene Gas Market, 2019 - 2022, Kilo Tonnes
TABLE 92 South Korea Acetylene Gas Market, 2023 - 2030, Kilo Tonnes
TABLE 93 South Korea Acetylene Gas Market by Application, 2019 - 2022, USD Million
TABLE 94 South Korea Acetylene Gas Market by Application, 2023 - 2030, USD Million
TABLE 95 South Korea Acetylene Gas Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 South Korea Acetylene Gas Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 South Korea Acetylene Gas Market by End-Use, 2019 - 2022, USD Million
TABLE 98 South Korea Acetylene Gas Market by End-Use, 2023 - 2030, USD Million
TABLE 99 South Korea Acetylene Gas Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 100 South Korea Acetylene Gas Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 101 Singapore Acetylene Gas Market, 2019 - 2022, USD Million
TABLE 102 Singapore Acetylene Gas Market, 2023 - 2030, USD Million
TABLE 103 Singapore Acetylene Gas Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Singapore Acetylene Gas Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Singapore Acetylene Gas Market by Application, 2019 - 2022, USD Million
TABLE 106 Singapore Acetylene Gas Market by Application, 2023 - 2030, USD Million
TABLE 107 Singapore Acetylene Gas Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 Singapore Acetylene Gas Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 Singapore Acetylene Gas Market by End-Use, 2019 - 2022, USD Million
TABLE 110 Singapore Acetylene Gas Market by End-Use, 2023 - 2030, USD Million
TABLE 111 Singapore Acetylene Gas Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 112 Singapore Acetylene Gas Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 113 Malaysia Acetylene Gas Market, 2019 - 2022, USD Million
TABLE 114 Malaysia Acetylene Gas Market, 2023 - 2030, USD Million
TABLE 115 Malaysia Acetylene Gas Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Malaysia Acetylene Gas Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Malaysia Acetylene Gas Market by Application, 2019 - 2022, USD Million
TABLE 118 Malaysia Acetylene Gas Market by Application, 2023 - 2030, USD Million
TABLE 119 Malaysia Acetylene Gas Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Malaysia Acetylene Gas Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Malaysia Acetylene Gas Market by End-Use, 2019 - 2022, USD Million
TABLE 122 Malaysia Acetylene Gas Market by End-Use, 2023 - 2030, USD Million
TABLE 123 Malaysia Acetylene Gas Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 124 Malaysia Acetylene Gas Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Asia Pacific Acetylene Gas Market, 2019 - 2022, USD Million
TABLE 126 Rest of Asia Pacific Acetylene Gas Market, 2023 - 2030, USD Million
TABLE 127 Rest of Asia Pacific Acetylene Gas Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Asia Pacific Acetylene Gas Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of Asia Pacific Acetylene Gas Market by Application, 2019 - 2022, USD Million
TABLE 130 Rest of Asia Pacific Acetylene Gas Market by Application, 2023 - 2030, USD Million
TABLE 131 Rest of Asia Pacific Acetylene Gas Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of Asia Pacific Acetylene Gas Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of Asia Pacific Acetylene Gas Market by End-Use, 2019 - 2022, USD Million
TABLE 134 Rest of Asia Pacific Acetylene Gas Market by End-Use, 2023 - 2030, USD Million
TABLE 135 Rest of Asia Pacific Acetylene Gas Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of Asia Pacific Acetylene Gas Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 137 Key Information – Airgas, Inc.
TABLE 138 Key Information – Gulf Cryo
TABLE 139 Key Information – Linde PLC
TABLE 140 Key Information – Jinhong Gas Co., Ltd
TABLE 141 Key Information – Koatsu Gas Kogyo Co., Ltd.
TABLE 142 Key Information – Butler Gas Products Company
TABLE 143 Key Information – Asia Technical Gas Co (Pte) Ltd
TABLE 144 Key Information – BASF SE
TABLE 145 Key Information – The Dow Chemical Company
TABLE 146 Key Information – Nippon Sanso Holdings Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Acetylene Gas Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting acetylene gas market
FIG 4 Porter’s Five Forces Analysis – Acetylene Gas Market
FIG 5 Asia Pacific Acetylene Gas Market share by Application, 2022
FIG 6 Asia Pacific Acetylene Gas Market share by Application, 2030
FIG 7 Asia Pacific Acetylene Gas Market by Application, 2019 - 2030, USD Million
FIG 8 Asia Pacific Acetylene Gas Market share by End-Use, 2022
FIG 9 Asia Pacific Acetylene Gas Market share by End-Use, 2030
FIG 10 Asia Pacific Acetylene Gas Market by End-Use, 2019 - 2030, USD Million
FIG 11 Asia Pacific Acetylene Gas Market share by Country, 2022
FIG 12 Asia Pacific Acetylene Gas Market share by Country, 2030
FIG 13 Asia Pacific Acetylene Gas Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Airgas, Inc.
FIG 15 SWOT Analysis: Gulf Cryo
FIG 16 SWOT Analysis: Linde plc
FIG 17 SWOT Analysis: Jinhong Gas Co., Ltd
FIG 18 SWOT Analysis: Koatsu Gas Kogyo Co., Ltd.
FIG 19 SWOT Analysis: Butler Gas Products Company
FIG 20 SWOT Analysis: Asia Technical Gas Co (Pte) Ltd
FIG 21 SWOT Analysis: BASF SE
FIG 22 SWOT Analysis: The Dow Chemical Company
FIG 23 SWOT Analysis: Nippon Sanso Holdings Co., Ltd.