Global Propionic Acid Market Growth 2025-2031

Publication ID:

LPI03254424

Publication Date:

March 24, 2025

Pages:

100

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Chemicals) [2]

Chemicals [3]

Description:

The global Propionic Acid market size is predicted to grow from US$ 826 million in 2025 to US$ 999 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.
The Propionic Acid market covers Oxo process, Reppe process, By-product process, etc. The typical players include BASF, Dow, Perstorp, Eastman, Sasol, BASF-YPC, etc.
In the global Propionic Acid market, the main companies are BASF, Dow, Perstorp and Eastman, with a market share of more than 70%. The main regions are the Asia-Pacific region and the US market, with a market share of more than 60%. Reppe Process has the largest share of the Propionic Acid market, close to 50%. The application scenarios of Propionic Acid are mainly concentrated on Grain and Feed Preservatives, with a market share of about 40%.
The 鈥淧ropionic Acid Industry Forecast鈥� looks at past sales and reviews total world Propionic Acid sales in 2024, providing a comprehensive analysis by region and market sector of projected Propionic Acid sales for 2025 through 2031. With Propionic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Propionic Acid industry.
This Insight Report provides a comprehensive analysis of the global Propionic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Propionic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Propionic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Propionic Acid and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Propionic Acid.
This report presents a comprehensive overview, market shares, and growth opportunities of Propionic Acid market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Oxo Process
Reppe Process
By-product Process
Segmentation by Application:
Grain and Feed Preservatives
Calcium and Sodium Salts
Herbicides
Cellulose Acetate Propionate
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC.Co.,Ltd.
Yancheng Huade
Key Questions Addressed in this Report
What is the 10-year outlook for the global Propionic Acid market?
What factors are driving Propionic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Propionic Acid market opportunities vary by end market size?
How does Propionic Acid break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Propionic Acid Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Propionic Acid by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Propionic Acid by Country/Region, 2020, 2024 & 2031
2.2 Propionic Acid Segment by Type
2.2.1 Oxo Process
2.2.2 Reppe Process
2.2.3 By-product Process
2.3 Propionic Acid Sales by Type
2.3.1 Global Propionic Acid Sales Market Share by Type (2020-2025)
2.3.2 Global Propionic Acid Revenue and Market Share by Type (2020-2025)
2.3.3 Global Propionic Acid Sale Price by Type (2020-2025)
2.4 Propionic Acid Segment by Application
2.4.1 Grain and Feed Preservatives
2.4.2 Calcium and Sodium Salts
2.4.3 Herbicides
2.4.4 Cellulose Acetate Propionate
2.4.5 Others
2.5 Propionic Acid Sales by Application
2.5.1 Global Propionic Acid Sale Market Share by Application (2020-2025)
2.5.2 Global Propionic Acid Revenue and Market Share by Application (2020-2025)
2.5.3 Global Propionic Acid Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Propionic Acid Breakdown Data by Company
3.1.1 Global Propionic Acid Annual Sales by Company (2020-2025)
3.1.2 Global Propionic Acid Sales Market Share by Company (2020-2025)
3.2 Global Propionic Acid Annual Revenue by Company (2020-2025)
3.2.1 Global Propionic Acid Revenue by Company (2020-2025)
3.2.2 Global Propionic Acid Revenue Market Share by Company (2020-2025)
3.3 Global Propionic Acid Sale Price by Company
3.4 Key Manufacturers Propionic Acid Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Propionic Acid Product Location Distribution
3.4.2 Players Propionic Acid Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Propionic Acid by Geographic Region
4.1 World Historic Propionic Acid Market Size by Geographic Region (2020-2025)
4.1.1 Global Propionic Acid Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Propionic Acid Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Propionic Acid Market Size by Country/Region (2020-2025)
4.2.1 Global Propionic Acid Annual Sales by Country/Region (2020-2025)
4.2.2 Global Propionic Acid Annual Revenue by Country/Region (2020-2025)
4.3 Americas Propionic Acid Sales Growth
4.4 APAC Propionic Acid Sales Growth
4.5 Europe Propionic Acid Sales Growth
4.6 Middle East & Africa Propionic Acid Sales Growth
5 Americas
5.1 Americas Propionic Acid Sales by Country
5.1.1 Americas Propionic Acid Sales by Country (2020-2025)
5.1.2 Americas Propionic Acid Revenue by Country (2020-2025)
5.2 Americas Propionic Acid Sales by Type (2020-2025)
5.3 Americas Propionic Acid Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Propionic Acid Sales by Region
6.1.1 APAC Propionic Acid Sales by Region (2020-2025)
6.1.2 APAC Propionic Acid Revenue by Region (2020-2025)
6.2 APAC Propionic Acid Sales by Type (2020-2025)
6.3 APAC Propionic Acid Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Propionic Acid by Country
7.1.1 Europe Propionic Acid Sales by Country (2020-2025)
7.1.2 Europe Propionic Acid Revenue by Country (2020-2025)
7.2 Europe Propionic Acid Sales by Type (2020-2025)
7.3 Europe Propionic Acid Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Propionic Acid by Country
8.1.1 Middle East & Africa Propionic Acid Sales by Country (2020-2025)
8.1.2 Middle East & Africa Propionic Acid Revenue by Country (2020-2025)
8.2 Middle East & Africa Propionic Acid Sales by Type (2020-2025)
8.3 Middle East & Africa Propionic Acid Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Propionic Acid
10.3 Manufacturing Process Analysis of Propionic Acid
10.4 Industry Chain Structure of Propionic Acid
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Propionic Acid Distributors
11.3 Propionic Acid Customer
12 World Forecast Review for Propionic Acid by Geographic Region
12.1 Global Propionic Acid Market Size Forecast by Region
12.1.1 Global Propionic Acid Forecast by Region (2026-2031)
12.1.2 Global Propionic Acid Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Propionic Acid Forecast by Type (2026-2031)
12.7 Global Propionic Acid Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 BASF
13.1.1 BASF Company Information
13.1.2 BASF Propionic Acid Product Portfolios and Specifications
13.1.3 BASF Propionic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 BASF Main Business Overview
13.1.5 BASF Latest Developments
13.2 Dow
13.2.1 Dow Company Information
13.2.2 Dow Propionic Acid Product Portfolios and Specifications
13.2.3 Dow Propionic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Dow Main Business Overview
13.2.5 Dow Latest Developments
13.3 Perstorp
13.3.1 Perstorp Company Information
13.3.2 Perstorp Propionic Acid Product Portfolios and Specifications
13.3.3 Perstorp Propionic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Perstorp Main Business Overview
13.3.5 Perstorp Latest Developments
13.4 Eastman
13.4.1 Eastman Company Information
13.4.2 Eastman Propionic Acid Product Portfolios and Specifications
13.4.3 Eastman Propionic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Eastman Main Business Overview
13.4.5 Eastman Latest Developments
13.5 Sasol
13.5.1 Sasol Company Information
13.5.2 Sasol Propionic Acid Product Portfolios and Specifications
13.5.3 Sasol Propionic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Sasol Main Business Overview
13.5.5 Sasol Latest Developments
13.6 BASF-YPC.Co.,Ltd.
13.6.1 BASF-YPC.Co.,Ltd. Company Information
13.6.2 BASF-YPC.Co.,Ltd. Propionic Acid Product Portfolios and Specifications
13.6.3 BASF-YPC.Co.,Ltd. Propionic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 BASF-YPC.Co.,Ltd. Main Business Overview
13.6.5 BASF-YPC.Co.,Ltd. Latest Developments
13.7 Yancheng Huade
13.7.1 Yancheng Huade Company Information
13.7.2 Yancheng Huade Propionic Acid Product Portfolios and Specifications
13.7.3 Yancheng Huade Propionic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Yancheng Huade Main Business Overview
13.7.5 Yancheng Huade Latest Developments
14 Research Findings and Conclusion

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