Dissolved Acetylene Gas Market Size

Dissolved Acetylene Gas Market size was valued at USD 10.33 Billion in 2023 and is projected to reach USD 15.75 Billion by the end of 2036, expanding at around 3.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of dissolved acetylene gas is assessed at USD 10.64 Billion. The growth of the market is poised to grow on account of growing mining activities.

Furthermore, it is extensively being used in metal industries for the application of cutting, welding, and heat treatment. Hence, with the growing production of metal, the dissolved acetylene gas market growth is set to rise. In April–October 2022, the world produced around 40.67 million tonnes of aluminum metal compared to the 40.79 million tonnes that were consumed globally, creating a 0.12 million tonne market deficit.