
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.
The global Propionic Acid market is projected to reach US$ 959.6 million by 2030 from an estimated US$ 799 million in 2024, at a CAGR of 3.1% during 2024 and 2030.
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%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Propionic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Propionic Acid.
The Propionic Acid market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Propionic Acid market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Propionic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and regions.
Market Segmentation
By Company
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC.Co.,Ltd.
Yancheng Huade
Segment by Type
Oxo Process
Reppe Process
By-product Process
Segment by Application
Grain and Feed Preservatives
Calcium and Sodium Salts
Herbicides
Cellulose Acetate Propionate
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Propionic Acid in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Propionic Acid manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Propionic Acid sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion.
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1 Study Coverage
1.1 Propionic Acid Product Introduction
1.2 Market by Type
1.2.1 Global Propionic Acid Market Size Growth Rate by Type (2019 VS 2023 VS 2030)
1.2.2 Oxo Process
1.2.3 Reppe Process
1.2.4 By-product Process
1.3 Market by Application
1.3.1 Global Propionic Acid Market Size Growth Rate by Application (2019 VS 2023 VS 2030)
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 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Propionic Acid Market Size Estimates and Forecasts
2.1.1 Global Propionic Acid Revenue 2019-2030
2.1.2 Global Propionic Acid Sales 2019-2030
2.2 Propionic Acid Market Size by Region: 2023 Versus 2030
2.3 Propionic Acid Sales by Region (2019-2030)
2.3.1 Global Propionic Acid Sales by Region: 2019-2024
2.3.2 Global Propionic Acid Sales Forecast by Region (2025-2030)
2.3.3 Global Propionic Acid Sales Market Share by Region (2019-2030)
2.4 Propionic Acid Market Estimates and Projections by Region (2025-2030)
2.4.1 Global Propionic Acid Revenue by Region: 2019-2024
2.4.2 Global Propionic Acid Revenue Forecast by Region (2025-2030)
2.4.3 Global Propionic Acid Revenue Market Share by Region (2019-2030)
3 Global Propionic Acid by Manufacturers
3.1 Global Top Propionic Acid Manufacturers by Sales
3.1.1 Global Propionic Acid Sales by Manufacturer (2019-2024)
3.1.2 Global Propionic Acid Sales Market Share by Manufacturer (2019-2024)
3.2 Global Top Propionic Acid Manufacturers by Revenue
3.2.1 Global Propionic Acid Revenue by Manufacturer (2019-2024)
3.2.2 Global Propionic Acid Revenue Share by Manufacturer (2019-2024)
3.3 Global Propionic Acid Price by Manufacturer (2019-2024)
3.4 Competitive Landscape
3.4.1 Key Propionic Acid Manufacturers Covered: Ranking by Revenue
3.4.2 Global Propionic Acid Market Concentration Ratio (CR5 and HHI) & (2019-2024)
3.4.3 Global Propionic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.5 Global Propionic Acid Manufacturing Base Distribution, Product Type
3.5.1 Propionic Acid Manufacturers Manufacturing Base Distribution, Headquarters
3.5.2 Manufacturers Propionic Acid Product Type
3.5.3 Date of International Manufacturers Enter into Propionic Acid Market
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Company Profiles
4.1 BASF
4.1.1 BASF Company Information
4.1.2 BASF Description, Business Overview
4.1.3 BASF Propionic Acid Products Offered
4.1.4 BASF Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
4.1.5 BASF Propionic Acid Sales by Product in 2023
4.1.6 BASF Propionic Acid Sales by Application in 2023
4.1.7 BASF Propionic Acid Sales by Geographic Area in 2023
4.1.8 BASF Recent Developments
4.2 Dow
4.2.1 Dow Company Information
4.2.2 Dow Description, Business Overview
4.2.3 Dow Propionic Acid Products Offered
4.2.4 Dow Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
4.2.5 Dow Propionic Acid Sales by Product in 2023
4.2.6 Dow Propionic Acid Sales by Application in 2023
4.2.7 Dow Propionic Acid Sales by Geographic Area in 2023
4.2.8 Dow Recent Developments
4.3 Perstorp
4.3.1 Perstorp Company Information
4.3.2 Perstorp Description, Business Overview
4.3.3 Perstorp Propionic Acid Products Offered
4.3.4 Perstorp Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
4.3.5 Perstorp Propionic Acid Sales by Product in 2023
4.3.6 Perstorp Propionic Acid Sales by Application in 2023
4.3.7 Perstorp Propionic Acid Sales by Geographic Area in 2023
4.3.8 Perstorp Recent Developments
4.4 Eastman
4.4.1 Eastman Company Information
4.4.2 Eastman Description, Business Overview
4.4.3 Eastman Propionic Acid Products Offered
4.4.4 Eastman Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
4.4.5 Eastman Propionic Acid Sales by Product in 2023
4.4.6 Eastman Propionic Acid Sales by Application in 2023
4.4.7 Eastman Propionic Acid Sales by Geographic Area in 2023
4.4.8 Eastman Recent Developments
4.5 Sasol
4.5.1 Sasol Company Information
4.5.2 Sasol Description, Business Overview
4.5.3 Sasol Propionic Acid Products Offered
4.5.4 Sasol Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
4.5.5 Sasol Propionic Acid Sales by Product in 2023
4.5.6 Sasol Propionic Acid Sales by Application in 2023
4.5.7 Sasol Propionic Acid Sales by Geographic Area in 2023
4.5.8 Sasol Recent Developments
4.6 BASF-YPC.Co.,Ltd.
4.6.1 BASF-YPC.Co.,Ltd. Company Information
4.6.2 BASF-YPC.Co.,Ltd. Description, Business Overview
4.6.3 BASF-YPC.Co.,Ltd. Propionic Acid Products Offered
4.6.4 BASF-YPC.Co.,Ltd. Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
4.6.5 BASF-YPC.Co.,Ltd. Propionic Acid Sales by Product in 2023
4.6.6 BASF-YPC.Co.,Ltd. Propionic Acid Sales by Application in 2023
4.6.7 BASF-YPC.Co.,Ltd. Propionic Acid Sales by Geographic Area in 2023
4.6.8 BASF-YPC.Co.,Ltd. Recent Development
4.7 Yancheng Huade
4.7.1 Yancheng Huade Company Information
4.7.2 Yancheng Huade Description, Business Overview
4.7.3 Yancheng Huade Propionic Acid Products Offered
4.7.4 Yancheng Huade Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
4.7.5 Yancheng Huade Propionic Acid Sales by Product in 2023
4.7.6 Yancheng Huade Propionic Acid Sales by Application in 2023
4.7.7 Yancheng Huade Propionic Acid Sales by Geographic Area in 2023
4.7.8 Yancheng Huade Recent Development
5 Breakdown Data by Type
5.1 Global Propionic Acid Sales by Type (2019-2030)
5.1.1 Global Propionic Acid Sales by Type (2019-2024)
5.1.2 Global Propionic Acid Sales Forecast by Type (2025-2030)
5.1.3 Global Propionic Acid Sales Market Share by Type (2019-2030)
5.2 Global Propionic Acid Revenue Forecast by Type (2019-2030)
5.2.1 Global Propionic Acid Revenue by Type (2019-2024)
5.2.2 Global Propionic Acid Revenue Forecast by Type (2025-2030)
5.2.3 Global Propionic Acid Revenue Market Share by Type (2019-2030)
5.3 Propionic Acid Average Selling Price (ASP) by Type (2019-2030)
6 Breakdown Data by Application
6.1 Global Propionic Acid Sales by Application (2019-2030)
6.1.1 Global Propionic Acid Sales by Application (2019-2024)
6.1.2 Global Propionic Acid Sales Forecast by Application (2025-2030)
6.1.3 Global Propionic Acid Sales Market Share by Application (2019-2030)
6.2 Global Propionic Acid Revenue Forecast by Application (2019-2030)
6.2.1 Global Propionic Acid Revenue by Application (2019-2024)
6.2.2 Global Propionic Acid Revenue Forecast by Application (2025-2030)
6.2.3 Global Propionic Acid Revenue Market Share by Application (2019-2030)
6.3 Propionic Acid Average Selling Price (ASP) by Application (2019-2030)
7 North America
7.1 North America Propionic Acid Market Size YoY Growth 2019-2030
7.2 North America Propionic Acid Market Facts & Figures by Country
7.2.1 North America Propionic Acid Sales by Country (2019-2030)
7.2.2 North America Propionic Acid Revenue by Country (2019-2030)
7.3 North America Propionic Acid Sales by Type (2019-2024)
7.4 North America Propionic Acid Sales by Application (2019-2024)
8 Asia-Pacific
8.1 Asia-Pacific Propionic Acid Market Size YoY Growth 2019-2030
8.2 Asia-Pacific Propionic Acid Market Facts & Figures by Region
8.2.1 Asia-Pacific Propionic Acid Sales by Region (2019-2030)
8.2.2 Asia-Pacific Propionic Acid Revenue by Region (2019-2030)
8.3 Asia-Pacific Propionic Acid Sales by Type (2019-2024)
8.4 Asia-Pacific Propionic Acid Sales by Application (2019-2024)
9 Europe
9.1 Europe Propionic Acid Market Size YoY Growth 2019-2030
9.2 Europe Propionic Acid Market Facts & Figures by Country
9.2.1 Europe Propionic Acid Sales by Country (2019-2030)
9.2.2 Europe Propionic Acid Revenue by Country (2019-2030)
9.3 Europe Propionic Acid Sales by Type (2019-2024)
9.4 Europe Propionic Acid Sales by Application (2019-2024)
10 Latin America
10.1 Latin America Propionic Acid Market Size YoY Growth 2019-2030
10.2 Latin America Propionic Acid Market Facts & Figures by Country
10.2.1 Latin America Propionic Acid Sales by Country (2019-2030)
10.2.2 Latin America Propionic Acid Revenue by Country (2019-2030)
10.3 Latin America Propionic Acid Sales by Type (2019-2024)
10.4 Latin America Propionic Acid Sales by Application (2019-2024)
11 Middle East and Africa
11.1 Middle East and Africa Propionic Acid Market Size YoY Growth 2019-2030
11.2 Middle East and Africa Propionic Acid Market Facts & Figures by Country
11.2.1 Middle East and Africa Propionic Acid Sales by Country (2019-2030)
11.2.2 Middle East and Africa Propionic Acid Revenue by Country (2019-2030)
11.3 Middle East and Africa Propionic Acid Sales by Type (2019-2024)
11.4 Middle East and Africa Propionic Acid Sales by Application (2019-2024)
12 Supply Chain and Sales Channel Analysis
12.1 Propionic Acid Supply Chain Analysis
12.2 Propionic Acid Key Raw Materials and Upstream Suppliers
12.3 Propionic Acid Clients Analysis
12.4 Propionic Acid Sales Channel and Sales Model Analysis
12.4.1 Propionic Acid Distribution Channel Analysis: Indirect Sales VS Direct Sales
12.4.2 Propionic Acid Distribution Channel Analysis: Online Sales VS Offline Sales
12.4.3 Propionic Acid Distributors
13 Market Dynamics
13.1 Propionic Acid Industry Trends
13.2 Propionic Acid Market Drivers
13.3 Propionic Acid Market Challenges
13.4 Propionic Acid Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC.Co.,Ltd.
Yancheng Huade
Ìý
Ìý
*If Applicable.
