Global Propionic Acid Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Propionic Acid Market Size, Manufacturers, Opportunities and Forecast to 2030


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.

According to APO Research, The global Propionic Acid market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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, analyze 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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC.Co.,Ltd.
Yancheng Huade

Propionic Acid segment by Type

Oxo Process
Reppe Process
By-product Process

Propionic Acid segment by Application

Grain and Feed Preservatives
Calcium and Sodium Salts
Herbicides
Cellulose Acetate Propionate
Others

Propionic Acid Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Propionic Acid market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Propionic Acid and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Propionic Acid.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Propionic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Propionic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Propionic Acid Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Propionic Acid Sales Estimates and Forecasts (2019-2030)
1.3 Propionic Acid Market by Type
1.3.1 Oxo Process
1.3.2 Reppe Process
1.3.3 By-product Process
1.4 Global Propionic Acid Market Size by Type
1.4.1 Global Propionic Acid Market Size Overview by Type (2019-2030)
1.4.2 Global Propionic Acid Historic Market Size Review by Type (2019-2024)
1.4.3 Global Propionic Acid Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Propionic Acid Sales Breakdown by Type (2019-2024)
1.5.2 Europe Propionic Acid Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Propionic Acid Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Propionic Acid Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Propionic Acid Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Propionic Acid Industry Trends
2.2 Propionic Acid Industry Drivers
2.3 Propionic Acid Industry Opportunities and Challenges
2.4 Propionic Acid Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Propionic Acid Revenue (2019-2024)
3.2 Global Top Players by Propionic Acid Sales (2019-2024)
3.3 Global Top Players by Propionic Acid Price (2019-2024)
3.4 Global Propionic Acid Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Propionic Acid Key Company Manufacturing Sites & Headquarters
3.6 Global Propionic Acid Company, Product Type & Application
3.7 Global Propionic Acid Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Propionic Acid Market CR5 and HHI
3.8.2 Global Top 5 and
10 Propionic Acid Players Market Share by Revenue in 2023
3.8.3 20
23 Propionic Acid Tier 1, Tier 2, and Tier 3
4 Propionic Acid Regional Status and Outlook
4.1 Global Propionic Acid Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Propionic Acid Historic Market Size by Region
4.2.1 Global Propionic Acid Sales in Volume by Region (2019-2024)
4.2.2 Global Propionic Acid Sales in Value by Region (2019-2024)
4.2.3 Global Propionic Acid Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Propionic Acid Forecasted Market Size by Region
4.3.1 Global Propionic Acid Sales in Volume by Region (2025-2030)
4.3.2 Global Propionic Acid Sales in Value by Region (2025-2030)
4.3.3 Global Propionic Acid Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Propionic Acid by Application
5.1 Propionic Acid Market by Application
5.1.1 Grain and Feed Preservatives
5.1.2 Calcium and Sodium Salts
5.1.3 Herbicides
5.1.4 Cellulose Acetate Propionate
5.1.5 Others
5.2 Global Propionic Acid Market Size by Application
5.2.1 Global Propionic Acid Market Size Overview by Application (2019-2030)
5.2.2 Global Propionic Acid Historic Market Size Review by Application (2019-2024)
5.2.3 Global Propionic Acid Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Propionic Acid Sales Breakdown by Application (2019-2024)
5.3.2 Europe Propionic Acid Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Propionic Acid Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Propionic Acid Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Propionic Acid Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 BASF
6.1.1 BASF Comapny Information
6.1.2 BASF Business Overview
6.1.3 BASF Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
6.1.4 BASF Propionic Acid Product Portfolio
6.1.5 BASF Recent Developments
6.2 Dow
6.2.1 Dow Comapny Information
6.2.2 Dow Business Overview
6.2.3 Dow Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Dow Propionic Acid Product Portfolio
6.2.5 Dow Recent Developments
6.3 Perstorp
6.3.1 Perstorp Comapny Information
6.3.2 Perstorp Business Overview
6.3.3 Perstorp Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Perstorp Propionic Acid Product Portfolio
6.3.5 Perstorp Recent Developments
6.4 Eastman
6.4.1 Eastman Comapny Information
6.4.2 Eastman Business Overview
6.4.3 Eastman Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Eastman Propionic Acid Product Portfolio
6.4.5 Eastman Recent Developments
6.5 Sasol
6.5.1 Sasol Comapny Information
6.5.2 Sasol Business Overview
6.5.3 Sasol Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Sasol Propionic Acid Product Portfolio
6.5.5 Sasol Recent Developments
6.6 BASF-YPC.Co.,Ltd.
6.6.1 BASF-YPC.Co.,Ltd. Comapny Information
6.6.2 BASF-YPC.Co.,Ltd. Business Overview
6.6.3 BASF-YPC.Co.,Ltd. Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
6.6.4 BASF-YPC.Co.,Ltd. Propionic Acid Product Portfolio
6.6.5 BASF-YPC.Co.,Ltd. Recent Developments
6.7 Yancheng Huade
6.7.1 Yancheng Huade Comapny Information
6.7.2 Yancheng Huade Business Overview
6.7.3 Yancheng Huade Propionic Acid Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Yancheng Huade Propionic Acid Product Portfolio
6.7.5 Yancheng Huade Recent Developments
7 North America by Country
7.1 North America Propionic Acid Sales by Country
7.1.1 North America Propionic Acid Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Propionic Acid Sales by Country (2019-2024)
7.1.3 North America Propionic Acid Sales Forecast by Country (2025-2030)
7.2 North America Propionic Acid Market Size by Country
7.2.1 North America Propionic Acid Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Propionic Acid Market Size by Country (2019-2024)
7.2.3 North America Propionic Acid Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Propionic Acid Sales by Country
8.1.1 Europe Propionic Acid Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Propionic Acid Sales by Country (2019-2024)
8.1.3 Europe Propionic Acid Sales Forecast by Country (2025-2030)
8.2 Europe Propionic Acid Market Size by Country
8.2.1 Europe Propionic Acid Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Propionic Acid Market Size by Country (2019-2024)
8.2.3 Europe Propionic Acid Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Propionic Acid Sales by Country
9.1.1 Asia-Pacific Propionic Acid Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Propionic Acid Sales by Country (2019-2024)
9.1.3 Asia-Pacific Propionic Acid Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Propionic Acid Market Size by Country
9.2.1 Asia-Pacific Propionic Acid Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Propionic Acid Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Propionic Acid Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Propionic Acid Sales by Country
10.1.1 Latin America Propionic Acid Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Propionic Acid Sales by Country (2019-2024)
10.1.3 Latin America Propionic Acid Sales Forecast by Country (2025-2030)
10.2 Latin America Propionic Acid Market Size by Country
10.2.1 Latin America Propionic Acid Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Propionic Acid Market Size by Country (2019-2024)
10.2.3 Latin America Propionic Acid Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Propionic Acid Sales by Country
11.1.1 Middle East and Africa Propionic Acid Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Propionic Acid Sales by Country (2019-2024)
11.1.3 Middle East and Africa Propionic Acid Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Propionic Acid Market Size by Country
11.2.1 Middle East and Africa Propionic Acid Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Propionic Acid Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Propionic Acid Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Propionic Acid Value Chain Analysis
12.1.1 Propionic Acid Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Propionic Acid Production Mode & Process
12.2 Propionic Acid Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Propionic Acid Distributors
12.2.3 Propionic Acid Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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