The Global Acetylene Market was valued at USD 3,944.9 Million in 2022 and is projected to reach USD 3,469.4 Million by 2029, declining at a Compound Annual Growth Rate (CAGR) of -1.8% during the forecast period (2023–2029). This market is being shaped by shifting industrial demands, safety regulations, and the increasing specialization of acetylene applications across chemical processing, metal fabrication, and illumination sectors.

As industries worldwide adapt to evolving regulations and seek more sustainable chemical feedstocks, the focus falls on the key industrial gas and chemical companies driving innovation, safety standards, and application development. In this blog, we profile the Top 10 Companies in the Acetylene Industry—a mix of global gas leaders, chemical producers, and regional suppliers shaping acetylene’s role in modern manufacturing.

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🔟 1. Linde plc

Headquarters: Dublin, Ireland
Key Offering: Dissolved acetylene, high-purity acetylene, acetylene gas mixtures

Linde is the world’s largest industrial gas company, offering high-purity acetylene for welding, cutting, and chemical synthesis applications. Their comprehensive gas solutions serve manufacturing, construction, and heavy industries with stringent safety protocols and reliable supply chains across global markets.

Market Position:

• Global leader in industrial gases infrastructure

• Integrated production and distribution network

• Leading R&D in acetylene applications and alternatives

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9️⃣ 2. Airgas (Air Liquide)

Headquarters: Radnor, Pennsylvania, USA
Key Offering: Acetylene cylinders, bulk acetylene, specialty gas mixtures

As part of the Air Liquide group, Airgas operates one of the largest independent acetylene distribution networks in North America. The company serves thousands of industrial customers with packaged gases and related equipment.

Market Position:

• Largest U.S. supplier of industrial gases

• Extensive safety training and compliance programs

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8️⃣ 3. Praxair (Linde)

Headquarters: Danbury, Connecticut, USA
Key Offering: Acetylene for welding and cutting

Now integrated with Linde following their merger, Praxair maintained strong acetylene production capabilities and distribution infrastructure across the Americas, serving diverse industrial sectors.

Market Position:

• Major supplier to metal fabrication industries

• Advanced cylinder filling and gas purification technologies

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7️⃣ 4. Toho Acetylene Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-purity acetylene, dissolved acetylene cylinders

Toho Acetylene is one of Japan’s leading specialized acetylene producers, serving domestic industrial markets with high-quality gas products and safety-compliant solutions.

Market Position:

• Leading position in Japanese acetylene market

• Strong focus on acetylene derivative chemicals

Download FREE Sample Report: Acetylene Market – View in Detailed Research Report

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6️⃣ 5. Gulf Cryo

Headquarters: Riyadh, Saudi Arabia
Key Offering: Industrial acetylene, specialty gas mixtures

Gulf Cryo is a major industrial and medical gas supplier across the Middle East and North Africa region, providing acetylene for welding, construction, and industrial maintenance applications.

Market Position:

• Leading supplier in MENA region

• Strategic partnerships with energy and industrial sectors

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5️⃣ 6. ILMO Products Company

Headquarters: Jacksonville, Illinois, USA
Key Offering: Acetylene gas, cylinder filling services

ILMO is a significant regional industrial gas supplier in the United States, specializing in acetylene and other fuel gases for industrial applications and local manufacturing ecosystems.

Market Position:

• Major distributor in Midwestern U.S.

• Focus on independent distribution model

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4️⃣ 7. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Acetylene derivatives, specialty chemicals

BASF is a global chemical leader that utilizes acetylene as a key chemical building block for various downstream products and chemical synthesis processes.

Market Position:

• Integrated chemical production

• Research into acetylene-based polymers

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3️⃣ 8. SINOPEC (China Petroleum & Chemical Corporation)

Headquarters: Beijing, China
Key Offering: Acetylene for chemical synthesis

As China’s largest integrated energy and chemical company, SINOPEC maintains significant acetylene production capacity, primarily serving the chemical industry as a key feedstock.

Market Position:

• Major producer in world’s largest chemical market

• State-owned enterprise with strategic priorities

Download FREE Sample Report: Acetylene Market – View in Detailed Research Report

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2️⃣ 9. Ho Tung Chemical Corp.

Headquarters: Taipei, Taiwan
Key Offering: Acetylene-derived chemicals, vinyl acetate monomer

Ho Tung Chemical is a major Taiwanese chemical company specializing in acetylene derivatives and petrochemical intermediates for various industrial applications.

Market Position:

• Specialized in acetylene chemistry

• Strong presence in Asian chemical markets

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1️⃣ 10. JinHong Gas Co., Ltd.

Headquarters: Suzhou, China
Key Offering: Industrial gases, specialty acetylene mixtures

JinHong Gas is one of China’s leading industrial gas suppliers, providing acetylene and other specialty gases to manufacturing, metallurgy, and construction industries.

Market Position:

• Domestic market leader in China

• Growing international gas business operations

Get Full Report Here: Acetylene Market – View in Detailed Research Report

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🌍 Outlook: The Future of Acetylene Is Specialized and Regulated

The acetylene market is undergoing significant transformation. While traditional applications still drive volume, the industry is adapting to safety regulations, environmental considerations, and emerging alternative technologies.

📈 Key Trends Shaping the Market:

• Stricter safety regulations governing acetylene storage, transport, and use

• Shift toward alternative feedstocks in chemical production

• Concentration on high-value specialty applications

• Regional market variations with Asia maintaining stable demand

Get Full Report Here: Acetylene Market – View in Detailed Research Report

The companies listed above are not only supplying essential industrial gases—they’re navigating the complex transition toward specialized chemical applications.