The report on the Global Propionic Acid Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints. 
 
Propionic acid is a chemical compound which naturally occurs as carboxylic acid. Propionic acid is clear oily liquid with an irritating and strong pungent smell. Propionic acid is corrosive in nature and miscible with water. It resembles general properties of carboxylic acid and can form amides, esters, anhydrides, amide and other salts which are called propionates. Propionic acid has various industrial applications and is used in food preservatives and additives, pharmaceuticals, solvents, pesticides and in production of polymers. Propionic acid inhibits anti-bacterial properties which aids in reducing bacteria in food products. 
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Propionic acid also has several biological applications and is used to prepare different chemical compounds. Global propionic acid is segmented on the basis of applications as food preservatives, calcium and sodium salts, animal feed and grain preservatives, herbicides, cellulose acetate propionate and other which include biocides and solvents. 
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Animal feed and grain preservatives are the major application segments which contributed to the rapid growth of global propionic acid market. In addition, rising use of food preservatives in food products is empowering the growth of this market. Use of propionic acid to increase the nutrient content in animal feed is a significant factor to upsurge the growth of global propionic acid market. Rapid growth of pharmaceutical industry is another factor expected to drive this market for the forecast period. Environmental concerns and health hazards due to the use propionic acid are factors holding up the growth of global propionic acid market. 
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Global propionic acid market is segmented by geography as Europe, North America, Asia Pacific, Latin America and Middle East and Africa. Europe and North America are leading geographies for the global propionic acid market. 
 
Key companies participating in the global propionic acid market include:
<ul>
	<li>BASF SE</li>
	<li>Celanese Corporation</li>
	<li>Daicel Corporation</li>
	<li>Dow Chemical Company</li>
	<li>Holdings GmbH</li>
	<li>Perstorp Holdings GmbH</li>
	<li>Prathista Industries Ltd.</li>
	<li>A.M Food Chemical Co Ltd</li>
	<li>Biomin Holdings GmbH.</li>
</ul>
 
SEGMENTATIONS IN REPORT: 
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Propionic Acid By Applications:

<ul>
	<li>Animal Feed And Grain Preservatives</li>
	<li>Food Preservatives</li>
	<li>Herbicides</li>
	<li>Calcium And Sodium Propionate</li>
	<li>Cellulose Acetate Propionate</li>
	<li>Other (biocides, solvents)</li>
</ul>
&nbsp; 
Propionic Acid By Geography:

<ul>
	<li>Asia Pacific</li>
	<li>North America</li>
	<li>Europe</li>
	<li>Latin America</li>
	<li>Middle East And Africa</li>
</ul>
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The Global Propionic Acid Market has been exhibited in detail in the following chapters - 
Chapter 1 Propionic Acid Market Preface&nbsp; 
Chapter 2 Executive Summary 
Chapter 3 Propionic Acid Industry Analysis 
Chapter 4 Propionic Acid Market Value Chain Analysis 
Chapter 5 Propionic Acid Market Analysis By Applications 
Chapter 6 Propionic Acid Market Analysis By Geography 
Chapter 7 Competitive Landscape Of Propionic Acid Companies 
Chapter 8 Company Profiles Of Propionic Acid Industry 
 
METHODOLOGY: 
A combination of primary and secondary research has been used to determine the market estimates and forecasts.&nbsp;Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.&nbsp;

Global Propionic Acid Market Research Report

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