
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.
Market Analysis and Insights: Global Propionic Acid Market
Due to the COVID-19 pandemic, the global Propionic Acid market size is estimated to be worth US$ 773 million in 2022 and is forecast to a readjusted size of US$ 959.6 million by 2029 with a CAGR of 3.1% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Oxo Process accounting for % of the Propionic Acid global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Grain and Feed Preservatives segment is altered to an % CAGR throughout this forecast period.
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%.
Global Propionic Acid Scope and Market Size
The global Propionic Acid market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Propionic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
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
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC.Co.,Ltd.
Yancheng Huade
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1 Propionic Acid Market Overview
1.1 Propionic Acid Product Scope
1.2 Propionic Acid Segment by Type
1.2.1 Global Propionic Acid Sales by Type (2018 & 2022 & 2029)
1.2.2 Oxo Process
1.2.3 Reppe Process
1.2.4 By-product Process
1.3 Propionic Acid Segment by Application
1.3.1 Global Propionic Acid Sales Comparison by Application (2018 & 2022 & 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 Propionic Acid Market Estimates and Forecasts (2018-2029)
1.4.1 Global Propionic Acid Market Size in Value Growth Rate (2018-2029)
1.4.2 Global Propionic Acid Market Size in Volume Growth Rate (2018-2029)
1.4.3 Global Propionic Acid Price Trends (2018-2029)
2 Propionic Acid Estimates and Forecasts by Region
2.1 Global Propionic Acid Market Size by Region: 2018 VS 2022 VS 2029
2.2 Global Propionic Acid Retrospective Market Scenario by Region (2018-2023)
2.2.1 Global Propionic Acid Sales Market Share by Region (2018-2023)
2.2.2 Global Propionic Acid Revenue Market Share by Region (2018-2023)
2.3 Global Propionic Acid Market Estimates and Forecasts by Region (2024-2029)
2.3.1 Global Propionic Acid Sales Estimates and Forecasts by Region (2024-2029)
2.3.2 Global Propionic Acid Revenue Forecast by Region (2024-2029)
2.4 Geographic Market Analysis: Market Facts & Figures
2.4.1 United States Propionic Acid Estimates and Projections (2018-2029)
2.4.2 Europe Propionic Acid Estimates and Projections (2018-2029)
2.4.3 China Propionic Acid Estimates and Projections (2018-2029)
2.4.4 Japan Propionic Acid Estimates and Projections (2018-2029)
2.4.5 Southeast Asia Propionic Acid Estimates and Projections (2018-2029)
2.4.6 India Propionic Acid Estimates and Projections (2018-2029)
3 Global Propionic Acid Competition Landscape by Players
3.1 Global Top Propionic Acid Players by Sales (2018-2023)
3.2 Global Top Propionic Acid Players by Revenue (2018-2023)
3.3 Global Propionic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Propionic Acid as of 2022)
3.4 Global Propionic Acid Average Price by Company (2018-2023)
3.5 Manufacturers Propionic Acid Manufacturing Sites, Area Served, Product Type
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Global Propionic Acid Market Size by Type
4.1 Global Propionic Acid Historic Market Review by Type (2018-2023)
4.1.1 Global Propionic Acid Sales by Type (2018-2023)
4.1.2 Global Propionic Acid Revenue by Type (2018-2023)
4.1.3 Global Propionic Acid Price by Type (2018-2023)
4.2 Global Propionic Acid Market Estimates and Forecasts by Type (2024-2029)
4.2.1 Global Propionic Acid Sales Forecast by Type (2024-2029)
4.2.2 Global Propionic Acid Revenue Forecast by Type (2024-2029)
4.2.3 Global Propionic Acid Price Forecast by Type (2024-2029)
5 Global Propionic Acid Market Size by Application
5.1 Global Propionic Acid Historic Market Review by Application (2018-2023)
5.1.1 Global Propionic Acid Sales by Application (2018-2023)
5.1.2 Global Propionic Acid Revenue by Application (2018-2023)
5.1.3 Global Propionic Acid Price by Application (2018-2023)
5.2 Global Propionic Acid Market Estimates and Forecasts by Application (2024-2029)
5.2.1 Global Propionic Acid Sales Forecast by Application (2024-2029)
5.2.2 Global Propionic Acid Revenue Forecast by Application (2024-2029)
5.2.3 Global Propionic Acid Price Forecast by Application (2024-2029)
6 United States Propionic Acid Market Facts & Figures
6.1 United States Propionic Acid Sales by Company
6.1.1 United States Propionic Acid Sales by Company (2018-2023)
6.1.2 United States Propionic Acid Revenue by Company (2018-2023)
6.2 United States Propionic Acid Sales Breakdown by Type
6.2.1 United States Propionic Acid Sales Breakdown by Type (2018-2023)
6.2.2 United States Propionic Acid Sales Breakdown by Type (2024-2029)
6.3 United States Propionic Acid Sales Breakdown by Application
6.3.1 United States Propionic Acid Sales Breakdown by Application (2018-2023)
6.3.2 United States Propionic Acid Sales Breakdown by Application (2024-2029)
7 Europe Propionic Acid Market Facts & Figures
7.1 Europe Propionic Acid Sales by Company
7.1.1 Europe Propionic Acid Sales by Company (2018-2023)
7.1.2 Europe Propionic Acid Revenue by Company (2018-2023)
7.2 Europe Propionic Acid Sales Breakdown by Type
7.2.1 Europe Propionic Acid Sales Breakdown by Type (2018-2023)
7.2.2 Europe Propionic Acid Sales Breakdown by Type (2024-2029)
7.3 Europe Propionic Acid Sales Breakdown by Application
7.3.1 Europe Propionic Acid Sales Breakdown by Application (2018-2023)
7.3.2 Europe Propionic Acid Sales Breakdown by Application (2024-2029)
8 China Propionic Acid Market Facts & Figures
8.1 China Propionic Acid Sales by Company
8.1.1 China Propionic Acid Sales by Company (2018-2023)
8.1.2 China Propionic Acid Revenue by Company (2018-2023)
8.2 China Propionic Acid Sales Breakdown by Type
8.2.1 China Propionic Acid Sales Breakdown by Type (2018-2023)
8.2.2 China Propionic Acid Sales Breakdown by Type (2024-2029)
8.3 China Propionic Acid Sales Breakdown by Application
8.3.1 China Propionic Acid Sales Breakdown by Application (2018-2023)
8.3.2 China Propionic Acid Sales Breakdown by Application (2024-2029)
9 Japan Propionic Acid Market Facts & Figures
9.1 Japan Propionic Acid Sales by Company
9.1.1 Japan Propionic Acid Sales by Company (2018-2023)
9.1.2 Japan Propionic Acid Revenue by Company (2018-2023)
9.2 Japan Propionic Acid Sales Breakdown by Type
9.2.1 Japan Propionic Acid Sales Breakdown by Type (2018-2023)
9.2.2 Japan Propionic Acid Sales Breakdown by Type (2024-2029)
9.3 Japan Propionic Acid Sales Breakdown by Application
9.3.1 Japan Propionic Acid Sales Breakdown by Application (2018-2023)
9.3.2 Japan Propionic Acid Sales Breakdown by Application (2024-2029)
10 Southeast Asia Propionic Acid Market Facts & Figures
10.1 Southeast Asia Propionic Acid Sales by Company
10.1.1 Southeast Asia Propionic Acid Sales by Company (2018-2023)
10.1.2 Southeast Asia Propionic Acid Revenue by Company (2018-2023)
10.2 Southeast Asia Propionic Acid Sales Breakdown by Type
10.2.1 Southeast Asia Propionic Acid Sales Breakdown by Type (2018-2023)
10.2.2 Southeast Asia Propionic Acid Sales Breakdown by Type (2024-2029)
10.3 Southeast Asia Propionic Acid Sales Breakdown by Application
10.3.1 Southeast Asia Propionic Acid Sales Breakdown by Application (2018-2023)
10.3.2 Southeast Asia Propionic Acid Sales Breakdown by Application (2024-2029)
11 India Propionic Acid Market Facts & Figures
11.1 India Propionic Acid Sales by Company
11.1.1 India Propionic Acid Sales by Company (2018-2023)
11.1.2 India Propionic Acid Revenue by Company (2018-2023)
11.2 India Propionic Acid Sales Breakdown by Type
11.2.1 India Propionic Acid Sales Breakdown by Type (2018-2023)
11.2.2 India Propionic Acid Sales Breakdown by Type (2024-2029)
11.3 India Propionic Acid Sales Breakdown by Application
11.3.1 India Propionic Acid Sales Breakdown by Application (2018-2023)
11.3.2 India Propionic Acid Sales Breakdown by Application (2024-2029)
12 Company Profiles and Key Figures in Propionic Acid Business
12.1 BASF
12.1.1 BASF Corporation Information
12.1.2 BASF Business Overview
12.1.3 BASF Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
12.1.4 BASF Propionic Acid Products Offered
12.1.5 BASF Recent Development
12.2 Dow
12.2.1 Dow Corporation Information
12.2.2 Dow Business Overview
12.2.3 Dow Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
12.2.4 Dow Propionic Acid Products Offered
12.2.5 Dow Recent Development
12.3 Perstorp
12.3.1 Perstorp Corporation Information
12.3.2 Perstorp Business Overview
12.3.3 Perstorp Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
12.3.4 Perstorp Propionic Acid Products Offered
12.3.5 Perstorp Recent Development
12.4 Eastman
12.4.1 Eastman Corporation Information
12.4.2 Eastman Business Overview
12.4.3 Eastman Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
12.4.4 Eastman Propionic Acid Products Offered
12.4.5 Eastman Recent Development
12.5 Sasol
12.5.1 Sasol Corporation Information
12.5.2 Sasol Business Overview
12.5.3 Sasol Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
12.5.4 Sasol Propionic Acid Products Offered
12.5.5 Sasol Recent Development
12.6 BASF-YPC.Co.,Ltd.
12.6.1 BASF-YPC.Co.,Ltd. Corporation Information
12.6.2 BASF-YPC.Co.,Ltd. Business Overview
12.6.3 BASF-YPC.Co.,Ltd. Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
12.6.4 BASF-YPC.Co.,Ltd. Propionic Acid Products Offered
12.6.5 BASF-YPC.Co.,Ltd. Recent Development
12.7 Yancheng Huade
12.7.1 Yancheng Huade Corporation Information
12.7.2 Yancheng Huade Business Overview
12.7.3 Yancheng Huade Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
12.7.4 Yancheng Huade Propionic Acid Products Offered
12.7.5 Yancheng Huade Recent Development
13 Propionic Acid Manufacturing Cost Analysis
13.1 Propionic Acid Key Raw Materials Analysis
13.1.1 Key Raw Materials
13.1.2 Key Raw Materials Price Trend
13.1.3 Key Suppliers of Raw Materials
13.2 Proportion of Manufacturing Cost Structure
13.3 Manufacturing Process Analysis of Propionic Acid
13.4 Propionic Acid Industrial Chain Analysis
14 Marketing Channel, Distributors and Customers
14.1 Marketing Channel
14.2 Propionic Acid Distributors List
14.3 Propionic Acid Customers
15 Market Dynamics
15.1 Propionic Acid Industry Trends
15.2 Propionic Acid Market Drivers
15.3 Propionic Acid Market Challenges
15.4 Propionic Acid Market Restraints
16 Research Findings and Conclusion
17 Appendix
17.1 Research Methodology
17.1.1 Methodology/Research Approach
17.1.2 Data Source
17.2 Author List
17.3 Disclaimer
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC.Co.,Ltd.
Yancheng Huade
Ìý
Ìý
*If Applicable.
