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Synopsis
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.
The global Propionic Acid market was valued at US$ 773 million in 2023 and is anticipated to reach US$ 959.6 million by 2030, witnessing a CAGR of 3.1% 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%.
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.
Report Scope
The Propionic Acid market size, estimations, and forecasts are provided in terms of output/shipments (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.
The report will help the Propionic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- BASF
- Dow
- Perstorp
- Eastman
- Sasol
- BASF-YPC.Co.,Ltd.
- Yancheng Huade
Segment by Type
- Oxo Process
- Reppe Process
- By-product Process
Segment by Application
- Grain and Feed Preservatives
- Calcium and Sodium Salts
- Herbicides
- Cellulose Acetate Propionate
- Others
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, 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)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 2: Detailed analysis of Propionic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: 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 6: 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 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index
1 Propionic Acid Market Overview
1.1 Product Definition
1.2 Propionic Acid Segment by Type
1.2.1 Global Propionic Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Oxo Process
1.2.3 Reppe Process
1.2.4 By-product Process
1.3 Propionic Acid Segment by Application
1.3.1 Global Propionic Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Grain and Feed Preservatives
1.3.3 Calcium and Sodium Salts
1.3.4 Herbicides
1.3.5 Cellulose Acetate Propionate
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Propionic Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Propionic Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Propionic Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global Propionic Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Propionic Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global Propionic Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Propionic Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Propionic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Propionic Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Propionic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Propionic Acid, Product Offered and Application
2.8 Global Key Manufacturers of Propionic Acid, Date of Enter into This Industry
2.9 Propionic Acid Market Competitive Situation and Trends
2.9.1 Propionic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Propionic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Propionic Acid Production by Region
3.1 Global Propionic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Propionic Acid Production Value by Region (2019-2030)
3.2.1 Global Propionic Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Propionic Acid by Region (2025-2030)
3.3 Global Propionic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Propionic Acid Production by Region (2019-2030)
3.4.1 Global Propionic Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Propionic Acid by Region (2025-2030)
3.5 Global Propionic Acid Market Price Analysis by Region (2019-2024)
3.6 Global Propionic Acid Production and Value, Year-over-Year Growth
3.6.1 North America Propionic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Propionic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Propionic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Propionic Acid Production Value Estimates and Forecasts (2019-2030)
4 Propionic Acid Consumption by Region
4.1 Global Propionic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Propionic Acid Consumption by Region (2019-2030)
4.2.1 Global Propionic Acid Consumption by Region (2019-2024)
4.2.2 Global Propionic Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Propionic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Propionic Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Propionic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Propionic Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Propionic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Propionic Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Propionic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Propionic Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Propionic Acid Production by Type (2019-2030)
5.1.1 Global Propionic Acid Production by Type (2019-2024)
5.1.2 Global Propionic Acid Production by Type (2025-2030)
5.1.3 Global Propionic Acid Production Market Share by Type (2019-2030)
5.2 Global Propionic Acid Production Value by Type (2019-2030)
5.2.1 Global Propionic Acid Production Value by Type (2019-2024)
5.2.2 Global Propionic Acid Production Value by Type (2025-2030)
5.2.3 Global Propionic Acid Production Value Market Share by Type (2019-2030)
5.3 Global Propionic Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global Propionic Acid Production by Application (2019-2030)
6.1.1 Global Propionic Acid Production by Application (2019-2024)
6.1.2 Global Propionic Acid Production by Application (2025-2030)
6.1.3 Global Propionic Acid Production Market Share by Application (2019-2030)
6.2 Global Propionic Acid Production Value by Application (2019-2030)
6.2.1 Global Propionic Acid Production Value by Application (2019-2024)
6.2.2 Global Propionic Acid Production Value by Application (2025-2030)
6.2.3 Global Propionic Acid Production Value Market Share by Application (2019-2030)
6.3 Global Propionic Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 BASF
7.1.1 BASF Propionic Acid Corporation Information
7.1.2 BASF Propionic Acid Product Portfolio
7.1.3 BASF Propionic Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 BASF Main Business and Markets Served
7.1.5 BASF Recent Developments/Updates
7.2 Dow
7.2.1 Dow Propionic Acid Corporation Information
7.2.2 Dow Propionic Acid Product Portfolio
7.2.3 Dow Propionic Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Dow Main Business and Markets Served
7.2.5 Dow Recent Developments/Updates
7.3 Perstorp
7.3.1 Perstorp Propionic Acid Corporation Information
7.3.2 Perstorp Propionic Acid Product Portfolio
7.3.3 Perstorp Propionic Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Perstorp Main Business and Markets Served
7.3.5 Perstorp Recent Developments/Updates
7.4 Eastman
7.4.1 Eastman Propionic Acid Corporation Information
7.4.2 Eastman Propionic Acid Product Portfolio
7.4.3 Eastman Propionic Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Eastman Main Business and Markets Served
7.4.5 Eastman Recent Developments/Updates
7.5 Sasol
7.5.1 Sasol Propionic Acid Corporation Information
7.5.2 Sasol Propionic Acid Product Portfolio
7.5.3 Sasol Propionic Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Sasol Main Business and Markets Served
7.5.5 Sasol Recent Developments/Updates
7.6 BASF-YPC.Co.,Ltd.
7.6.1 BASF-YPC.Co.,Ltd. Propionic Acid Corporation Information
7.6.2 BASF-YPC.Co.,Ltd. Propionic Acid Product Portfolio
7.6.3 BASF-YPC.Co.,Ltd. Propionic Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 BASF-YPC.Co.,Ltd. Main Business and Markets Served
7.6.5 BASF-YPC.Co.,Ltd. Recent Developments/Updates
7.7 Yancheng Huade
7.7.1 Yancheng Huade Propionic Acid Corporation Information
7.7.2 Yancheng Huade Propionic Acid Product Portfolio
7.7.3 Yancheng Huade Propionic Acid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Yancheng Huade Main Business and Markets Served
7.7.5 Yancheng Huade Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Propionic Acid Industry Chain Analysis
8.2 Propionic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Propionic Acid Production Mode & Process
8.4 Propionic Acid Sales and Marketing
8.4.1 Propionic Acid Sales Channels
8.4.2 Propionic Acid Distributors
8.5 Propionic Acid Customers
9 Propionic Acid Market Dynamics
9.1 Propionic Acid Industry Trends
9.2 Propionic Acid Market Drivers
9.3 Propionic Acid Market Challenges
9.4 Propionic Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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