Propionic Acid Market (Updated Version Available)

The report offers detailed coverage of Propionic Acid industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Propionic Acid by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Propionic acid is a three-carbon carboxylic acid with a molecular formula of CH3CH2COOH. It is a clear, colorless liquid with a pungent odor. Propionic acid is an ideal preservative, it can inhibit the growth of molds and bacteria, so propionic acid and derivatives are largely used as feed and food preservatives. Nowadays, growing high quality animal feed consumption has led to increased feed preservatives demand which in turn is expected to drive propionic acid market growth. Besides, the product also finds applications in food & grain preservatives, herbicides and chemical & pharmaceutical industry.

The report forecast global Propionic Acid market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2028.

First, this report covers the present status and the future prospects of the global Propionic Acid market for 2015-2028.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
BASF
Dow
Perstorp
Eastman
Daicel
Sasol
BASF-YPC
SINOPEC Qilu
Yancheng Huade
Yancheng Hongtai
Shanghai Jianbei


At the same time, we classify Propionic Acid according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Oxo process
Reppe process
By-product process

Market by Application
Grain and feed preservatives
Calcium and sodium salts
Herbicides
Cellulose acetate propionate
Others


Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Propionic Acid market for the forecast period 2020 - 2028?
• What are the driving forces in the Propionic Acid market for the forecast period 2020 - 2028?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Propionic Acid industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?