Market Executive Summary

The global market for Propionic Acid was estimated to be worth US$ 773 million in 2023 and is forecast to a readjusted size of US$ 959.6 million by 2030 with 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%.

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.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Propionic Acid, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Propionic Acid by region & country, by Type, and by Application.

The Propionic Acid market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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.

Global Propionic Acid Companies Covered

BASF, Dow, Perstorp, Eastman, Sasol, BASF-YPC.Co.,Ltd., Yancheng Huade.

Global Propionic Acid Market, Segment by Type

Oxo Process

Reppe Process

By-product Process

Global Propionic Acid Market, Segment by Application

Grain and Feed Preservatives

Calcium and Sodium Salts

Herbicides

Cellulose Acetate Propionate

Others

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Propionic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: 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 4: 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 5: Sales, revenue of Propionic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Propionic Acid in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.