The India acetylene market size reached USD 387.10 Million in 2024 and is projected to reach USD 627.30 Million by 2033, growing at a CAGR of 5.51% during 2025-2033. Market growth is driven by increasing demand in metal fabrication, expanding chemical manufacturing, rising adoption in automotive and aerospace sectors, advancements in production technologies, and supportive government industrialization initiatives. The report presents a thorough review featuring the India Acetylene Market Trends, share, trends, and research of the industry.
STUDY ASSUMPTION YEARS
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
INDIA ACETYLENE MARKET KEY TAKEAWAYS
- Current Market Size: USD 387.10 Million in 2024
- CAGR: 5.51% during 2025-2033
- Forecast Period: 2025-2033
- The metal fabrication industry’s expansion significantly boosts acetylene demand for welding and cutting.
- Technological advancements in acetylene production increase efficiency and promote sustainability.
- Government initiatives like "Make in India" and National Infrastructure Pipeline propel infrastructure development.
- Rising vehicle production by 7% in 2023 increases acetylene use in automotive manufacturing.
- Growing focus on low-carbon acetylene supply chains exemplified by Denka’s partnership with Transform Materials LLC.
Sample Request Link: https://www.imarcgroup.com/india-acetylene-market/requestsample
MARKET TRENDS
The metal fabrication sector in India is witnessing significant growth, driving acetylene demand primarily for welding and cutting applications. Acetylene’s high flame temperature of approximately 3,200°C makes it ideal for precision welding tasks across construction, automotive, and shipbuilding industries. Government initiatives such as the "Make in India" campaign and the National Infrastructure Pipeline (NIP), aiming to invest over ₹111 lakh crore (about USD 1.5 trillion) by 2025, are stimulating infrastructure expansion. This infrastructure boom necessitates extensive metal fabrication, thereby escalating acetylene consumption.
Technological progress in acetylene production has enhanced manufacturing efficiency, safety, and environmental compliance, thus appealing to a broader industrial base. Improved manufacturing processes reduce operational costs and enhance safety, rendering acetylene more accessible to small and medium enterprises. Concurrently, stringent environmental regulations incentivize manufacturers to adopt green processes. For example, Denka’s collaboration with Transform Materials LLC targets a low-carbon acetylene supply chain to reduce CO2 emissions and achieve carbon neutrality by 2050, aligning with global sustainability trends.
The automotive industry’s rapid growth further fuels acetylene demand. India produced over 4.5 million vehicles in 2023, a 7% increase from the previous year. Manufacturing these vehicles involves intensive metal fabrication activities dependent on acetylene, particularly for welding and cutting. This sector’s expansion, combined with broader industrial applications, supports sustained acetylene market growth in India.
MARKET GROWTH FACTORS
Rising industrial fabrication needs, especially in metal cutting and welding, significantly drive the India acetylene market. The sector’s expansion is stimulated by infrastructure projects and automotive manufacturing increases, requiring precise welding that acetylene’s high flame temperature facilitates. Government initiatives to bolster industrialization, such as "Make in India," contribute to enhanced acetylene consumption across multiple industrial applications.
Advancements in acetylene production technology reduce costs and improve safety, making acetylene more viable for small and medium-sized businesses. Sustainable manufacturing processes gain importance amid stricter environmental regulations. Companies are investing in low-emission solutions using renewable resources or emission-minimizing technologies, exemplified by Denka’s partnership to establish a low-carbon supply chain, supporting environmental objectives while expanding market reach.
The automotive and aerospace industries’ growing adoption of acetylene reflects diversification of market applications. Increased vehicle production and aerospace manufacturing demand welding and chemical synthesis involving acetylene. Furthermore, expanding chemical manufacturing in India broadens market opportunities. Together, these factors foster sustained acetylene demand and market growth through 2033.
MARKET SEGMENTATION
Production Insights:
- Thermal Cracking: Includes acetylene produced via thermal cracking techniques.
- Calcium Carbide: Covers acetylene derived from calcium carbide methods.
- Hydrocarbon Pyrolysis: Includes production via hydrocarbon pyrolysis.
Application Insights:
- Welding: Use of acetylene in welding processes mainly for cutting and joining metals.
- Chemical Raw Material: Application as a fundamental chemical input for manufacturing various compounds.
- Portable Lighting: Use in lighting devices that operate portably.
End User Insights:
- Aerospace: Acetylene used in aerospace manufacturing and maintenance applications.
- Automotive: Utilization in automotive industry processes such as vehicle fabrication.
- Chemical: Application in chemical manufacturing sectors.
- Agriculture: Usage in agricultural processes and equipment.
- Metal Fabrication: In metalworking industries for cutting, welding, and shaping metals.
Regional Insights:
- North India: Key region for market consumption and production.
- South India: Important regional market sector.
- East India: Regional market segment.
- West India: One of the significant regional markets.
REGIONAL INSIGHTS
The report provides comprehensive regional analyses for North India, South India, East India, and West India. However, the source does not specify which region is dominant or the exact market shares or CAGR for individual regions.
Summary: Not provided in source.
RECENT DEVELOPMENTS & NEWS
- February 2025: PCBL Chemical Ltd. signed a technology transfer agreement with Chinese company Ningxia Jinhua Chemical Co. to manufacture acetylene black in India. This plant aims to serve the growing Indian battery sector and international battery, semiconductor, and conductive industries.
- June 2024: Transform Materials and Johnson Matthey collaborated to develop mercury-free alternatives for PVC production. This partnership combines plasma-based acetylene manufacturing and acetylene-based VCM technology, allowing PVC producers to increase output without compromising environmental goals.
KEY PLAYERS
- PCBL Chemical Ltd.
- Ningxia Jinhua Chemical Co.
- Denka
- Transform Materials LLC
- Johnson Matthey
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
ABOUT US
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
CONTACT US
IMARC Group,
134 N 4th St. Brooklyn, NY 11249, USA,
Email: [email protected],
Tel No: (D) +91-120-433-0800,
United States: +1-201-971-6302
