
Propionic acid is a three- carbon carboxylic acid with a molecular formula of CH3CH2COOH. It is a clear, colorless liquid with a pungent odor. It is commercially manufactured by the hydrocarboxylation of ethylene in the presence of nickel carbonyI catalyst. Propionic acid and derivatives are largely used as feed and food preservatives. It inhibits the growth of molds and bacteria. It is also used to make some specialized propionates, such as cellulose acetate propionate (CAP), which is a useful thermoplastic. The other applications include herbicides, pharmaceuticals, and solvents. It may cause rritation to the human body in case of contact, so various health organizations are involved in continuously monitoring its exposure levels.
The global Propionic Acid and Derivatives market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Propionic Acid and Derivatives 91ÖÆÆ¬³§.
The global propionic acid market has grown significantly during the past few years and is expected to grow at a more rapid pace in the next five years, mainly driven by the growing demand from feed preservatives, grain preservatives, and food preservatives. Europe emerged as the largest market of propionic acid & derivatives mostly driven by the ban imposed on the antibiotics in some applications since 2006. The demand in the European region is likely to remain healthy due to huge demand for the feed and grain preservatives segment. The U.S. is the largest single market across the globe. Its consumption in other countries had improved over the past few years and is expected increase further over the near term.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Propionic Acid and Derivatives market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC.Co.,Ltd.
Yancheng Huade
Segment by Type
Propionic Acid
Propionic Acid Derivatives
Segment by Application
Grain and Feed Preservatives
Calcium and Sodium Salts
Herbicides
Cellulose Acetate Propionate
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Propionic Acid and Derivatives report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Propionic Acid and Derivatives Market Overview
1.1 Product Definition
1.2 Propionic Acid and Derivatives Segment by Type
1.2.1 Global Propionic Acid and Derivatives Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Propionic Acid
1.2.3 Propionic Acid Derivatives
1.3 Propionic Acid and Derivatives Segment by Application
1.3.1 Global Propionic Acid and Derivatives Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Grain and Feed Preservatives
1.3.3 Calcium and Sodium Salts
1.3.4 Herbicides
1.3.5 Cellulose Acetate Propionate
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Propionic Acid and Derivatives Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Propionic Acid and Derivatives Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Propionic Acid and Derivatives Production Estimates and Forecasts (2018-2029)
1.4.4 Global Propionic Acid and Derivatives Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Propionic Acid and Derivatives Production Market Share by Manufacturers (2018-2023)
2.2 Global Propionic Acid and Derivatives Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Propionic Acid and Derivatives, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Propionic Acid and Derivatives Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Propionic Acid and Derivatives Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Propionic Acid and Derivatives, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Propionic Acid and Derivatives, Product Offered and Application
2.8 Global Key Manufacturers of Propionic Acid and Derivatives, Date of Enter into This Industry
2.9 Propionic Acid and Derivatives Market Competitive Situation and Trends
2.9.1 Propionic Acid and Derivatives Market Concentration Rate
2.9.2 Global 5 and 10 Largest Propionic Acid and Derivatives Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Propionic Acid and Derivatives Production by Region
3.1 Global Propionic Acid and Derivatives Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Propionic Acid and Derivatives Production Value by Region (2018-2029)
3.2.1 Global Propionic Acid and Derivatives Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Propionic Acid and Derivatives by Region (2024-2029)
3.3 Global Propionic Acid and Derivatives Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Propionic Acid and Derivatives Production by Region (2018-2029)
3.4.1 Global Propionic Acid and Derivatives Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Propionic Acid and Derivatives by Region (2024-2029)
3.5 Global Propionic Acid and Derivatives Market Price Analysis by Region (2018-2023)
3.6 Global Propionic Acid and Derivatives Production and Value, Year-over-Year Growth
3.6.1 North America Propionic Acid and Derivatives Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Propionic Acid and Derivatives Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Propionic Acid and Derivatives Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Propionic Acid and Derivatives Production Value Estimates and Forecasts (2018-2029)
4 Propionic Acid and Derivatives Consumption by Region
4.1 Global Propionic Acid and Derivatives Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Propionic Acid and Derivatives Consumption by Region (2018-2029)
4.2.1 Global Propionic Acid and Derivatives Consumption by Region (2018-2023)
4.2.2 Global Propionic Acid and Derivatives Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Propionic Acid and Derivatives Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Propionic Acid and Derivatives Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Propionic Acid and Derivatives Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Propionic Acid and Derivatives Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Propionic Acid and Derivatives Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Propionic Acid and Derivatives Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Propionic Acid and Derivatives Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Propionic Acid and Derivatives Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Propionic Acid and Derivatives Production by Type (2018-2029)
5.1.1 Global Propionic Acid and Derivatives Production by Type (2018-2023)
5.1.2 Global Propionic Acid and Derivatives Production by Type (2024-2029)
5.1.3 Global Propionic Acid and Derivatives Production Market Share by Type (2018-2029)
5.2 Global Propionic Acid and Derivatives Production Value by Type (2018-2029)
5.2.1 Global Propionic Acid and Derivatives Production Value by Type (2018-2023)
5.2.2 Global Propionic Acid and Derivatives Production Value by Type (2024-2029)
5.2.3 Global Propionic Acid and Derivatives Production Value Market Share by Type (2018-2029)
5.3 Global Propionic Acid and Derivatives Price by Type (2018-2029)
6 Segment by Application
6.1 Global Propionic Acid and Derivatives Production by Application (2018-2029)
6.1.1 Global Propionic Acid and Derivatives Production by Application (2018-2023)
6.1.2 Global Propionic Acid and Derivatives Production by Application (2024-2029)
6.1.3 Global Propionic Acid and Derivatives Production Market Share by Application (2018-2029)
6.2 Global Propionic Acid and Derivatives Production Value by Application (2018-2029)
6.2.1 Global Propionic Acid and Derivatives Production Value by Application (2018-2023)
6.2.2 Global Propionic Acid and Derivatives Production Value by Application (2024-2029)
6.2.3 Global Propionic Acid and Derivatives Production Value Market Share by Application (2018-2029)
6.3 Global Propionic Acid and Derivatives Price by Application (2018-2029)
7 Key Companies Profiled
7.1 BASF
7.1.1 BASF Propionic Acid and Derivatives Corporation Information
7.1.2 BASF Propionic Acid and Derivatives Product Portfolio
7.1.3 BASF Propionic Acid and Derivatives Production, Value, Price and Gross Margin (2018-2023)
7.1.4 BASF Main Business and Markets Served
7.1.5 BASF Recent Developments/Updates
7.2 Dow
7.2.1 Dow Propionic Acid and Derivatives Corporation Information
7.2.2 Dow Propionic Acid and Derivatives Product Portfolio
7.2.3 Dow Propionic Acid and Derivatives Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Dow Main Business and Markets Served
7.2.5 Dow Recent Developments/Updates
7.3 Perstorp
7.3.1 Perstorp Propionic Acid and Derivatives Corporation Information
7.3.2 Perstorp Propionic Acid and Derivatives Product Portfolio
7.3.3 Perstorp Propionic Acid and Derivatives Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Perstorp Main Business and Markets Served
7.3.5 Perstorp Recent Developments/Updates
7.4 Eastman
7.4.1 Eastman Propionic Acid and Derivatives Corporation Information
7.4.2 Eastman Propionic Acid and Derivatives Product Portfolio
7.4.3 Eastman Propionic Acid and Derivatives Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Eastman Main Business and Markets Served
7.4.5 Eastman Recent Developments/Updates
7.5 Sasol
7.5.1 Sasol Propionic Acid and Derivatives Corporation Information
7.5.2 Sasol Propionic Acid and Derivatives Product Portfolio
7.5.3 Sasol Propionic Acid and Derivatives Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Sasol Main Business and Markets Served
7.5.5 Sasol Recent Developments/Updates
7.6 BASF-YPC.Co.,Ltd.
7.6.1 BASF-YPC.Co.,Ltd. Propionic Acid and Derivatives Corporation Information
7.6.2 BASF-YPC.Co.,Ltd. Propionic Acid and Derivatives Product Portfolio
7.6.3 BASF-YPC.Co.,Ltd. Propionic Acid and Derivatives Production, Value, Price and Gross Margin (2018-2023)
7.6.4 BASF-YPC.Co.,Ltd. Main Business and Markets Served
7.6.5 BASF-YPC.Co.,Ltd. Recent Developments/Updates
7.7 Yancheng Huade
7.7.1 Yancheng Huade Propionic Acid and Derivatives Corporation Information
7.7.2 Yancheng Huade Propionic Acid and Derivatives Product Portfolio
7.7.3 Yancheng Huade Propionic Acid and Derivatives Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Yancheng Huade Main Business and Markets Served
7.7.5 Yancheng Huade Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Propionic Acid and Derivatives Industry Chain Analysis
8.2 Propionic Acid and Derivatives Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Propionic Acid and Derivatives Production Mode & Process
8.4 Propionic Acid and Derivatives Sales and Marketing
8.4.1 Propionic Acid and Derivatives Sales Channels
8.4.2 Propionic Acid and Derivatives Distributors
8.5 Propionic Acid and Derivatives Customers
9 Propionic Acid and Derivatives Market Dynamics
9.1 Propionic Acid and Derivatives Industry Trends
9.2 Propionic Acid and Derivatives Market Drivers
9.3 Propionic Acid and Derivatives Market Challenges
9.4 Propionic Acid and Derivatives Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC.Co.,Ltd.
Yancheng Huade
Ìý
Ìý
*If Applicable.
