North America Acetylene Gas Market Size, Share & Industry Trends Analysis Report By Application (Metal Working, Chemicals, Lamps, and Others), By End-Use, By Country and Growth Forecast, 2023 - 2030

North America Acetylene Gas Market Size, Share & Industry Trends Analysis Report By Application (Metal Working, Chemicals, Lamps, and Others), By End-Use, By Country and Growth Forecast, 2023 - 2030


The North America Acetylene Gas Market would witness market growth of 4.8% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 780.4 Kilo Tonnes, showcasing a growth of 4.8% (2019-2022).

The market is a dynamic and vital segment within the broader industrial gas industry. Acetylene, a hydrocarbon gas composed of two carbon and two hydrogen atoms, is renowned for its versatility and unique properties that have made it indispensable in various industrial applications. The adoption of acetylene gas in industrial processes and applications has a rich history that dates back over a century. Acetylene has found its place in numerous sectors due to its remarkable qualities. Its adoption has been primarily driven by its high flame temperature, making it an invaluable tool for cutting, welding, and brazing in the metalworking industry.

One of the key factors contributing to the widespread adoption of acetylene is its easy and safe generation. The reaction of calcium carbide with water typically yields acetylene gas. This simplicity, combined with the ability to generate acetylene on-site, has made it a practical choice for industries where a continuous and reliable gas supply is essential. In addition to its use in welding and cutting, acetylene has seen adoption in various other sectors. The chemical industry leverages acetylene as a precursor for producing various organic compounds, including plastics and pharmaceuticals. Introducing acetylene into the production of chemicals has added a layer of significance to its adoption in modern industries.

As per the data released by the Government of British Columbia in July 2021, through the Investing in Canada Plan, the Government of Canada has allocated more than $180 billion over a span of 12 years for diverse initiatives. These initiatives encompass public transit projects, green infrastructure, social infrastructure, trade and transportation routes, as well as the development of rural and northern communities in Canada. Through the Investing in Canada Plan, the Government of Canada is already investing $28.7 billion to support public transit projects, including $5 billion available for investment through the Canada Infrastructure Bank. Therefore, rising investment in the transportation sector in North America will directly boost the growth of the market in the region.

The US market dominated the North America Acetylene Gas Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,086.6 Million by 2030. The Canada market is registering a CAGR of 7.2% during (2023 - 2030). Additionally, The Mexico market would showcase 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 U.S., Mexico, Canada, and Rest of North America.

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)
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • 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
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Acetylene Gas Market, by Application
1.4.2 North America Acetylene Gas Market, by End-Use
1.4.3 North America Acetylene Gas Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Acetylene Gas Market by Application
4.1 North America Metal Working Market by Country
4.2 North America Chemicals Market by Country
4.3 North America Lamps Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Acetylene Gas Market by End-Use
5.1 North America Transportation Market by Country
5.2 North America Electric & Electronics Market by Country
5.3 North America Building & Construction Market by Country
5.4 North America Pharmaceutical Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Acetylene Gas Market by Country
6.1 US Acetylene Gas Market
6.1.1 US Acetylene Gas Market by Application
6.1.2 US Acetylene Gas Market by End-Use
6.2 Canada Acetylene Gas Market
6.2.1 Canada Acetylene Gas Market by Application
6.2.2 Canada Acetylene Gas Market by End-Use
6.3 Mexico Acetylene Gas Market
6.3.1 Mexico Acetylene Gas Market by Application
6.3.2 Mexico Acetylene Gas Market by End-Use
6.4 Rest of North America Acetylene Gas Market
6.4.1 Rest of North America Acetylene Gas Market by Application
6.4.2 Rest of North America Acetylene Gas Market by End-Use
Chapter 7. Company Profiles
7.1 Airgas, Inc. (L’AIR LIQUIDE S.A.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Gulf Cryo
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Linde PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Jinhong Gas Co., Ltd
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Koatsu Gas Kogyo Co., Ltd.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Butler Gas Products Company
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Asia Technical Gas Co (Pte) Ltd
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 BASF SE
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 SWOT Analysis
7.9 The Dow Chemical Company
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis

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