Propionic Acid Industry Research Report 2024

Propionic Acid Industry Research Report 2024


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 valued at US$ million in 2023 and is anticipated to reach 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 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 by regions.

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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Propionic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Propionic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Propionic Acid in regional level and country 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, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Propionic Acid by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Oxo Process
2.2.3 Reppe Process
2.2.4 By-product Process
2.3 Propionic Acid by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Grain and Feed Preservatives
2.3.3 Calcium and Sodium Salts
2.3.4 Herbicides
2.3.5 Cellulose Acetate Propionate
2.3.6 Others
2.4 Global Market Growth Prospects
2.4.1 Global Propionic Acid Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Propionic Acid Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Propionic Acid Production Estimates and Forecasts (2019-2030)
2.4.4 Global Propionic Acid Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Propionic Acid Production by Manufacturers (2019-2024)
3.2 Global Propionic Acid Production Value by Manufacturers (2019-2024)
3.3 Global Propionic Acid Average Price by Manufacturers (2019-2024)
3.4 Global Propionic Acid Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Propionic Acid Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Propionic Acid Manufacturers, Product Type & Application
3.7 Global Propionic Acid Manufacturers, Date of Enter into This Industry
3.8 Global Propionic Acid Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 BASF
4.1.1 BASF Propionic Acid Company Information
4.1.2 BASF Propionic Acid Business Overview
4.1.3 BASF Propionic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.1.4 BASF Product Portfolio
4.1.5 BASF Recent Developments
4.2 Dow
4.2.1 Dow Propionic Acid Company Information
4.2.2 Dow Propionic Acid Business Overview
4.2.3 Dow Propionic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.2.4 Dow Product Portfolio
4.2.5 Dow Recent Developments
4.3 Perstorp
4.3.1 Perstorp Propionic Acid Company Information
4.3.2 Perstorp Propionic Acid Business Overview
4.3.3 Perstorp Propionic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.3.4 Perstorp Product Portfolio
4.3.5 Perstorp Recent Developments
4.4 Eastman
4.4.1 Eastman Propionic Acid Company Information
4.4.2 Eastman Propionic Acid Business Overview
4.4.3 Eastman Propionic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.4.4 Eastman Product Portfolio
4.4.5 Eastman Recent Developments
4.5 Sasol
4.5.1 Sasol Propionic Acid Company Information
4.5.2 Sasol Propionic Acid Business Overview
4.5.3 Sasol Propionic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.5.4 Sasol Product Portfolio
4.5.5 Sasol Recent Developments
4.6 BASF-YPC.Co.,Ltd.
4.6.1 BASF-YPC.Co.,Ltd. Propionic Acid Company Information
4.6.2 BASF-YPC.Co.,Ltd. Propionic Acid Business Overview
4.6.3 BASF-YPC.Co.,Ltd. Propionic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.6.4 BASF-YPC.Co.,Ltd. Product Portfolio
4.6.5 BASF-YPC.Co.,Ltd. Recent Developments
4.7 Yancheng Huade
4.7.1 Yancheng Huade Propionic Acid Company Information
4.7.2 Yancheng Huade Propionic Acid Business Overview
4.7.3 Yancheng Huade Propionic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.7.4 Yancheng Huade Product Portfolio
4.7.5 Yancheng Huade Recent Developments
5 Global Propionic Acid Production by Region
5.1 Global Propionic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Propionic Acid Production by Region: 2019-2030
5.2.1 Global Propionic Acid Production by Region: 2019-2024
5.2.2 Global Propionic Acid Production Forecast by Region (2025-2030)
5.3 Global Propionic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Propionic Acid Production Value by Region: 2019-2030
5.4.1 Global Propionic Acid Production Value by Region: 2019-2024
5.4.2 Global Propionic Acid Production Value Forecast by Region (2025-2030)
5.5 Global Propionic Acid Market Price Analysis by Region (2019-2024)
5.6 Global Propionic Acid Production and Value, YOY Growth
5.6.1 North America Propionic Acid Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Propionic Acid Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Propionic Acid Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Propionic Acid Production Value Estimates and Forecasts (2019-2030)
6 Global Propionic Acid Consumption by Region
6.1 Global Propionic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Propionic Acid Consumption by Region (2019-2030)
6.2.1 Global Propionic Acid Consumption by Region: 2019-2030
6.2.2 Global Propionic Acid Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Propionic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Propionic Acid Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Propionic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Propionic Acid Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Propionic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Propionic Acid Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Propionic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Propionic Acid Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Propionic Acid Production by Type (2019-2030)
7.1.1 Global Propionic Acid Production by Type (2019-2030) & (Kiloton)
7.1.2 Global Propionic Acid Production Market Share by Type (2019-2030)
7.2 Global Propionic Acid Production Value by Type (2019-2030)
7.2.1 Global Propionic Acid Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Propionic Acid Production Value Market Share by Type (2019-2030)
7.3 Global Propionic Acid Price by Type (2019-2030)
8 Segment by Application
8.1 Global Propionic Acid Production by Application (2019-2030)
8.1.1 Global Propionic Acid Production by Application (2019-2030) & (Kiloton)
8.1.2 Global Propionic Acid Production by Application (2019-2030) & (Kiloton)
8.2 Global Propionic Acid Production Value by Application (2019-2030)
8.2.1 Global Propionic Acid Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Propionic Acid Production Value Market Share by Application (2019-2030)
8.3 Global Propionic Acid Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Propionic Acid Value Chain Analysis
9.1.1 Propionic Acid Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Propionic Acid Production Mode & Process
9.2 Propionic Acid Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Propionic Acid Distributors
9.2.3 Propionic Acid Customers
10 Global Propionic Acid Analyzing Market Dynamics
10.1 Propionic Acid Industry Trends
10.2 Propionic Acid Industry Drivers
10.3 Propionic Acid Industry Opportunities and Challenges
10.4 Propionic Acid Industry Restraints
11 Report Conclusion
12 Disclaimer

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