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Propionic Acid-Global Market Insights and Sales Trends 2025
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 size is expected to reach US$ 959.6 million by 2029, growing at a CAGR of 3.1% from 2023 to 2029. The market is mainly driven by the significant applications of Propionic Acid in various end use industries. The expanding demands from the Grain and Feed Preservatives, Calcium and Sodium Salts, Herbicides and Cellulose Acetate Propionate, are propelling Propionic Acid market. Oxo Process, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reppe Process segment is estimated at % CAGR for the next seven-year period.
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%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Propionic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Propionic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Propionic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Propionic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Propionic Acid covered in this report include BASF, Dow, Perstorp, Eastman, Sasol, BASF-YPC.Co.,Ltd. and Yancheng Huade, etc.
The global Propionic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC.Co.,Ltd.
Yancheng Huade
Global Propionic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Propionic Acid market, Segment by Type:
Oxo Process
Reppe Process
By-product Process
Global Propionic Acid market, by Application
Grain and Feed Preservatives
Calcium and Sodium Salts
Herbicides
Cellulose Acetate Propionate
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Propionic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: 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 future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 size is expected to reach US$ 959.6 million by 2029, growing at a CAGR of 3.1% from 2023 to 2029. The market is mainly driven by the significant applications of Propionic Acid in various end use industries. The expanding demands from the Grain and Feed Preservatives, Calcium and Sodium Salts, Herbicides and Cellulose Acetate Propionate, are propelling Propionic Acid market. Oxo Process, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reppe Process segment is estimated at % CAGR for the next seven-year period.
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%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Propionic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Propionic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Propionic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Propionic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Propionic Acid covered in this report include BASF, Dow, Perstorp, Eastman, Sasol, BASF-YPC.Co.,Ltd. and Yancheng Huade, etc.
The global Propionic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC.Co.,Ltd.
Yancheng Huade
Global Propionic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Propionic Acid market, Segment by Type:
Oxo Process
Reppe Process
By-product Process
Global Propionic Acid market, by Application
Grain and Feed Preservatives
Calcium and Sodium Salts
Herbicides
Cellulose Acetate Propionate
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Propionic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: 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 future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Propionic Acid Market Overview
1.1 Propionic Acid Product Overview
1.2 Propionic Acid Market Segment by Type
1.2.1 Oxo Process
1.2.2 Reppe Process
1.2.3 By-product Process
1.3 Global Propionic Acid Market Size by Type
1.3.1 Global Propionic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Propionic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Propionic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Propionic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Propionic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Propionic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Propionic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Propionic Acid Sales Breakdown by Type (2018-2023)
2 Global Propionic Acid Market Competition by Company
2.1 Global Top Players by Propionic Acid Sales (2018-2023)
2.2 Global Top Players by Propionic Acid Revenue (2018-2023)
2.3 Global Top Players by Propionic Acid Price (2018-2023)
2.4 Global Top Manufacturers Propionic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Propionic Acid Market Competitive Situation and Trends
2.5.1 Propionic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Propionic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Propionic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Propionic Acid Market
2.8 Key Manufacturers Propionic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Propionic Acid Status and Outlook by Region
3.1 Global Propionic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Propionic Acid Historic Market Size by Region
3.2.1 Global Propionic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Propionic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Propionic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Propionic Acid Forecasted Market Size by Region
3.3.1 Global Propionic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Propionic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Propionic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Propionic Acid by Application
4.1 Propionic Acid Market Segment by Application
4.1.1 Grain and Feed Preservatives
4.1.2 Calcium and Sodium Salts
4.1.3 Herbicides
4.1.4 Cellulose Acetate Propionate
4.1.5 Others
4.2 Global Propionic Acid Market Size by Application
4.2.1 Global Propionic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Propionic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Propionic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Propionic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Propionic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Propionic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Propionic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Propionic Acid Sales Breakdown by Application (2018-2023)
5 North America Propionic Acid by Country
5.1 North America Propionic Acid Historic Market Size by Country
5.1.1 North America Propionic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Propionic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Propionic Acid Sales in Value by Country (2018-2023)
5.2 North America Propionic Acid Forecasted Market Size by Country
5.2.1 North America Propionic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Propionic Acid Sales in Value by Country (2024-2029)
6 Europe Propionic Acid by Country
6.1 Europe Propionic Acid Historic Market Size by Country
6.1.1 Europe Propionic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Propionic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Propionic Acid Sales in Value by Country (2018-2023)
6.2 Europe Propionic Acid Forecasted Market Size by Country
6.2.1 Europe Propionic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Propionic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Propionic Acid by Region
7.1 Asia-Pacific Propionic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Propionic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Propionic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Propionic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Propionic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Propionic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Propionic Acid Sales in Value by Region (2024-2029)
8 Latin America Propionic Acid by Country
8.1 Latin America Propionic Acid Historic Market Size by Country
8.1.1 Latin America Propionic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Propionic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Propionic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Propionic Acid Forecasted Market Size by Country
8.2.1 Latin America Propionic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Propionic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Propionic Acid by Country
9.1 Middle East and Africa Propionic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Propionic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Propionic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Propionic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Propionic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Propionic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Propionic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Propionic Acid Products Offered
10.1.5 BASF Recent Development
10.2 Dow
10.2.1 Dow Company Information
10.2.2 Dow Introduction and Business Overview
10.2.3 Dow Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Dow Propionic Acid Products Offered
10.2.5 Dow Recent Development
10.3 Perstorp
10.3.1 Perstorp Company Information
10.3.2 Perstorp Introduction and Business Overview
10.3.3 Perstorp Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Perstorp Propionic Acid Products Offered
10.3.5 Perstorp Recent Development
10.4 Eastman
10.4.1 Eastman Company Information
10.4.2 Eastman Introduction and Business Overview
10.4.3 Eastman Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Eastman Propionic Acid Products Offered
10.4.5 Eastman Recent Development
10.5 Sasol
10.5.1 Sasol Company Information
10.5.2 Sasol Introduction and Business Overview
10.5.3 Sasol Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sasol Propionic Acid Products Offered
10.5.5 Sasol Recent Development
10.6 BASF-YPC.Co.,Ltd.
10.6.1 BASF-YPC.Co.,Ltd. Company Information
10.6.2 BASF-YPC.Co.,Ltd. Introduction and Business Overview
10.6.3 BASF-YPC.Co.,Ltd. Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 BASF-YPC.Co.,Ltd. Propionic Acid Products Offered
10.6.5 BASF-YPC.Co.,Ltd. Recent Development
10.7 Yancheng Huade
10.7.1 Yancheng Huade Company Information
10.7.2 Yancheng Huade Introduction and Business Overview
10.7.3 Yancheng Huade Propionic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Yancheng Huade Propionic Acid Products Offered
10.7.5 Yancheng Huade Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Propionic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Propionic Acid Industrial Chain Analysis
11.4 Propionic Acid Market Dynamics
11.4.1 Propionic Acid Industry Trends
11.4.2 Propionic Acid Market Drivers
11.4.3 Propionic Acid Market Challenges
11.4.4 Propionic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Propionic Acid Distributors
12.3 Propionic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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