The report on the Global Propionic Acid Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Propionic acid is a chemical compound which naturally occurs as carboxylic acid. Propionic acid is clear oily liquid with an irritating and strong pungent smell. Propionic acid is corrosive in nature and miscible with water. It resembles general properties of carboxylic acid and can form amides, esters, anhydrides, amide and other salts which are called propionates. Propionic acid has various industrial applications and is used in food preservatives and additives, pharmaceuticals, solvents, pesticides and in production of polymers. Propionic acid inhibits anti-bacterial properties which aids in reducing bacteria in food products.
Propionic acid also has several biological applications and is used to prepare different chemical compounds. Global propionic acid is segmented on the basis of applications as food preservatives, calcium and sodium salts, animal feed and grain preservatives, herbicides, cellulose acetate propionate and other which include biocides and solvents.
Animal feed and grain preservatives are the major application segments which contributed to the rapid growth of global propionic acid market. In addition, rising use of food preservatives in food products is empowering the growth of this market. Use of propionic acid to increase the nutrient content in animal feed is a significant factor to upsurge the growth of global propionic acid market. Rapid growth of pharmaceutical industry is another factor expected to drive this market for the forecast period. Environmental concerns and health hazards due to the use propionic acid are factors holding up the growth of global propionic acid market.
Global propionic acid market is segmented by geography as Europe, North America, Asia Pacific, Latin America and Middle East and Africa. Europe and North America are leading geographies for the global propionic acid market.
Key companies participating in the global propionic acid market include:
TABLE OF CONTENTS
1 . PREFACE
1.1. Report Description
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Propionic Acid Market
2.2. Global Propionic Acid Market Snapshot
3 . PROPIONIC ACID – INDUSTRY ANALYSIS
3.2. Market Drivers of Propionic Acid Market
3.3. Market Restraints of Propionic Acid Market
3.4. Opportunities of Propionic Acid Market
3.5. Trends of Propionic Acid Market
3.6. Porter’s Five Force Analysis of Propionic Acid Market
3.7. Propionic Acid Market Attractiveness Analysis
3.7.1 Market Attractive Analysis by Applications
3.7.2 Market Attractive Analysis by Region
4 . VALUE CHAIN ANALYSIS
4.1. Propionic Acid Value Chain Analysis
4.2. Propionic Acid Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Propionic Acid Raw Material Manufactures List
4.2.3. Price Trend of Propionic Acid Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL PROPIONIC ACID MARKET ANALYSIS BY APPLICATIONS
5.1 Overview by Applications
5.2 Global Propionic Acid Market Analysis by Applications
5.3 Market Analysis of Animal Feed And Grain Preservatives by Regions
5.4 Market Analysis of Food Preservatives by Regions
5.5 Market Analysis of Herbicides by Regions
5.6 Market Analysis of Calcium And Sodium Propionate by Regions
5.7 Market Analysis of Cellulose Acetate Propionate by Regions
5.8 Market Analysis of Other (biocides, solvents) by Regions
6 . GLOBAL PROPIONIC ACID MARKET ANALYSIS BY GEOGRAPHY
6.1. Regional Outlook
6.3. North America
6.3.2. North America Propionic Acid Market Estimate by Market Segment
6.3.3. North America Propionic Acid Market Estimate by Country
6.3.4. United State
6.3.5. Rest of North America
6.4.2. Europe Propionic Acid Market Estimate by Market Segment
6.4.3. Europe Propionic Acid Market Estimate by Country
6.4.4. United Kingdom
6.4.6 Rest of Europe
6.5. Asia Pacific
6.5.2. Asia Pacific Propionic Acid Market Estimate by Market Segment
6.5.3. Asia Pacific Propionic Acid Market Estimate by Country
6.5.6. Rest of Asia Pacific
6.6. Latin America
6.6.2. Latin America Propionic Acid Market Estimate by Market Segment
6.6.3. Latin America Propionic Acid Market Estimate by Country
6.6.5. Rest of Latin America
6.7. Middle East & Africa
6.7.2. Middle East & Africa Propionic Acid Market Estimate by Market Segment
6.7.3. Middle East & Africa Propionic Acid Market Estimate by Country
6.7.4. Middle East
7 . COMPETITIVE LANDSCAPE OF THE PROPIONIC ACID COMPANIES
7.1. Propionic Acid Market Competition
7.3. Merger And Acquisitions
7.4. New Product Launch
7.5. Other Developments
8 . COMPANY PROFILES OF PROPIONIC ACID INDUSTRY
8.1. Company Share Analysis
8.2. Market Concentration Rate
8.3. BASF SE
8.3.1. Company Overview
8.3.4. Recent Developments
8.4. Biomin Holdings GmbH
8.4.1. Company Overview
8.4.4. Recent Developments
8.5. A.M Food Chemical Co Ltd
8.5.1. Company Overview
8.5.4. Recent Developments
8.6. Celanese Corporation
8.6.1. Company Overview
8.6.4. Recent Developments
8.7. Daicel Corporation
8.7.1. Company Overview
8.7.4. Recent Developments
8.8. Dow Chemical Company
8.8.1. Company Overview
8.8.4. Recent Developments
8.9. Holdings GmbH
8.9.1. Company Overview
8.9.4. Recent Developments
8.10. Perstorp Holdings GmbH
8.10.1. Company Overview
8.10.4. Recent Developments
8.11. Prathista Industries Ltd.
8.11.1. Company Overview
8.11.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
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