Global Propionic Acid Competitive Landscape Professional Research Report 2024

Global Propionic Acid Competitive Landscape Professional Research Report 2024

Research Summary

Propionic acid is a carboxylic acid with the chemical formula CH3CH2COOH. It is a naturally occurring organic acid that belongs to the group of short-chain fatty acids. This compound is characterized by its pungent odor and is found in some types of cheeses as a byproduct of bacterial fermentation. In industrial settings, propionic acid is often produced through the chemical synthesis of ethylene and carbon monoxide. It is used primarily as a preservative in the food industry to inhibit the growth of molds and bacteria, particularly in bread and baked goods. Additionally, propionic acid has applications in the production of various chemicals, pharmaceuticals, and plastics. Its antimicrobial properties and role in different chemical processes make it a versatile compound with significance in both the food and chemical industries.

According to DIResearch's in-depth investigation and research, the global Propionic Acid market size will reach XX US$ Million in 2024, and is expected to reach XX US$ Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be XX US$ Million, accounting for approximately XX% of the world. It is expected to reach XX US$ Million in 2030, and the global share will reach XX%.

The major global manufacturers of Propionic Acid include BASF, Dow, Perstorp, Eastman, Sasol, BASF-YPC, Yancheng Huade etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.

This report studies the market size, price trends and future development prospects of Propionic Acid. Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Propionic Acid market. The report data covers historical data from 2018 to 2023, based year in 2024 and forecast data from 2025 to 2030.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Propionic Acid market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Propionic Acid industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Propionic Acid Include:

BASF

Dow

Perstorp

Eastman

Sasol

BASF-YPC

Yancheng Huade

Propionic Acid Product Segment Include:

Oxo Process

Reppe Process

By-product Process

Propionic Acid Product Application Include:

Grain and Feed Preservatives

Calcium and Sodium Salts

Herbicides

Cellulose Acetate Propionate

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Propionic Acid Capacity and Production Analysis

Chapter 3: Global Propionic Acid Industry PESTEL Analysis

Chapter 4: Global Propionic Acid Industry Porter’s Five Forces Analysis

Chapter 5: Global Propionic Acid Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 6: Global Propionic Acid Market Size and Forecast by Type and Application Analysis

Chapter 7: North America Propionic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: Europe Propionic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: China Propionic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: APAC (Excl. China) Propionic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Latin America Propionic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Middle East and Africa Propionic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 13: Global Propionic Acid Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 16: Research Findings and Conclusion

Chapter 17: Methodology and Data Sources