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Propionic Acid Market Propionic Acid Market By Application (Animal Feed and Food Preservatives, Rubber Products, Herbicides, (Calcium, Ammonium, and Sodium Salts), Plasticizers, and Cellulose Acetate Propionate) and By End-user (Personal Care, Agriculture, Pharmaceutical, Food and Beverage, and Other): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

  • Publish On: Jun-2020
  • Total Pages: 215
  • Report Code: FAF-1091
  • Base Year: 2019
  • Format:

Industry Insights

[215+ Pages PDF Report] Global Propionic Acid market was approximately USD 1.45 Billion in 2019 and is anticipated to reach around USD 1.80 Billion by 2026, at a CAGR of 3% during the forecast period.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Propionic Acid industry. The report analyzes and declares the historical and current trends analysis of the Propionic Acid industry and subsequently recommends the projected trends anticipated to be observed in the Propionic Acid market during the upcoming years.

The Propionic Acid market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Propionic Acid market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Propionic Acid industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Propionic Acid industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Propionic Acid market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Propionic Acid industry. The Propionic Acid market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Propionic Acid sector. Key strategic developments in the Propionic Acid market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Propionic Acid market are appropriately highlighted in the report.

The Propionic Acid market research report delivers an acute valuation and taxonomy of the Propionic Acid industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Propionic Acid industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Propionic Acid industry is provided for the leading economies of the world.

The Propionic Acid market is segmented based on Application and End-user.  On the basis of application segmentation, the market is bifurcated into Animal Feed and Food Preservatives, Rubber Products, Herbicides, (Calcium, Ammonium, and Sodium Salts), Plasticizers, and Cellulose Acetate Propionate. In terms of End-user segmentation, the market is bifurcated into Personal Care, Agriculture, Pharmaceutical, Food and Beverage, and Other.

Top Market Reports

Some of the essential players operating in the Propionic Acid market, but not restricted to include Perstorp Holding AB, Biomin Holdings GmbH, BASF SE, Eastman Chemical Company, Niacet Corporation, Celanese Corporation, Dow Inc., Hawkins Inc., Oman Oil Company SAOC, Corbion, Merck KGaA, and Otto Chemie Pvt. Ltd.

The taxonomy of the Propionic Acid market by its scope and segmentation is as follows:

Global Propionic Acid Market: By Application Segmentation Analysis (Customizable)

  • Animal Feed and Food Preservatives
  • Rubber Products
  • Herbicides
  • Calcium, Ammonium, and Sodium Salts
  • Plasticizers
  • Cellulose Acetate Propionate

Global Propionic Acid Market: By End-user Segmentation Analysis (Customizable)

  • Personal Care
  • Agriculture
  • Pharmaceutical
  • Food and Beverage
  • Other End-user Industries

Global Propionic Acid Market: Regional Segmentation Analysis (Customizable)

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

KEY REPORT POINTERS & HIGHLIGHTS:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable  Segments and Sub-segments of the Market
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
  • Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
  • Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
  • Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
  • Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
  • The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises a buoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Propionic Acid Market market – Application Analysis
    1. 2.1. Global Propionic Acid Market Market – Application Overview
    2. 2.2. Global Propionic Acid Market Market Share, by Application, 2019 & 2026 (USD Million)
    3. 2.3. Global Propionic Acid Market Market share, by Application, 2019 & 2026 (Kilo Tons)
    4. 2.4. Animal Feed and Food Preservatives
      1. 2.4.1. Global Animal Feed and Food Preservatives Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 2.4.2. Global Animal Feed and Food Preservatives Propionic Acid Market Market, 2016-2026 (Kilo Tons)
    5. 2.5. Rubber Products
      1. 2.5.1. Global Rubber Products Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 2.5.2. Global Rubber Products Propionic Acid Market Market, 2016-2026 (Kilo Tons)
    6. 2.6. Herbicides
      1. 2.6.1. Global Herbicides Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 2.6.2. Global Herbicides Propionic Acid Market Market, 2016-2026 (Kilo Tons)
    7. 2.7. Calcium, Ammonium, and Sodium Salts
      1. 2.7.1. Global Calcium, Ammonium, and Sodium Salts Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 2.7.2. Global Calcium, Ammonium, and Sodium Salts Propionic Acid Market Market, 2016-2026 (Kilo Tons)
    8. 2.8. Plasticizers
      1. 2.8.1. Global Plasticizers Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 2.8.2. Global Plasticizers Propionic Acid Market Market, 2016-2026 (Kilo Tons)
    9. 2.9. Cellulose Acetate Propionate
      1. 2.9.1. Global Cellulose Acetate Propionate Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 2.9.2. Global Cellulose Acetate Propionate Propionic Acid Market Market, 2016-2026 (Kilo Tons)
    10. 2.10. Others
      1. 2.10.1. Global Others Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 2.10.2. Global Others Propionic Acid Market Market, 2016-2026 (Kilo Tons)
  3. CHAPTER 3. Propionic Acid Market market – End-user Analysis
    1. 3.1. Global Propionic Acid Market Market – End-user Overview
    2. 3.2. Global Propionic Acid Market Market Share, by End-user, 2019 & 2026 (USD Million)
    3. 3.3. Global Propionic Acid Market Market share, by End-user, 2019 & 2026 (Kilo Tons)
    4. 3.4. Personal Care
      1. 3.4.1. Global Personal Care Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 3.4.2. Global Personal Care Propionic Acid Market Market, 2016-2026 (Kilo Tons)
    5. 3.5. Agriculture
      1. 3.5.1. Global Agriculture Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 3.5.2. Global Agriculture Propionic Acid Market Market, 2016-2026 (Kilo Tons)
    6. 3.6. Pharmaceutical
      1. 3.6.1. Global Pharmaceutical Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 3.6.2. Global Pharmaceutical Propionic Acid Market Market, 2016-2026 (Kilo Tons)
    7. 3.7. Food and Beverage
      1. 3.7.1. Global Food and Beverage Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 3.7.2. Global Food and Beverage Propionic Acid Market Market, 2016-2026 (Kilo Tons)
    8. 3.8. Other
      1. 3.8.1. Global Other Propionic Acid Market Market, 2016-2026 (USD Million)
      2. 3.8.2. Global Other Propionic Acid Market Market, 2016-2026 (Kilo Tons)
  4. CHAPTER 4. Propionic Acid Market market – Regional Analysis
    1. 4.1. Global Propionic Acid Market Market Regional Overview
    2. 4.2. Global Propionic Acid Market Market Share, by Region, 2019 & 2026 (Value)
    3. 4.3. Global Propionic Acid Market Market Share, by Region, 2019 & 2026 (Volume)
    4. 4.4. North America
      1. 4.4.1. North America Propionic Acid Market Market size and forecast, 2016-2026
      2. 4.4.2. North America Propionic Acid Market Market, by Country, 2019 - 2026 (USD Million)
      3. 4.4.3. North America Market size and forecast, 2016-2026 (Kilo Tons)
      4. 4.4.4. North America Propionic Acid Market Market, by Country, 2019 - 2026 (Kilo Tons)
      5. 4.4.5. North America Propionic Acid Market Market, by Application, 2016-2026
        1. 4.4.5.1. North America Propionic Acid Market Market, by Application, 2016-2026 (USD Million)
        2. 4.4.5.2. North America Propionic Acid Market Market, by Application, 2016-2026 (Kilo Tons)
      6. 4.4.6. North America Propionic Acid Market Market, by End-user, 2016-2026
        1. 4.4.6.1. North America Propionic Acid Market Market, by End-user, 2016-2026 (USD Million)
        2. 4.4.6.2. North America Propionic Acid Market Market, by End-user, 2016-2026 (Kilo Tons)
      7. 4.4.7. U.S.
        1. 4.4.7.1. U.S. Market size and forecast, 2016-2026 (USD Million)
        2. 4.4.7.2. U.S. Market size and forecast, 2016-2026 (Kilo Tons)
      8. 4.4.8. Canada
        1. 4.4.8.1. Canada Market size and forecast, 2016-2026 (USD Million)
        2. 4.4.8.2. Canada Market size and forecast, 2016-2026 (Kilo Tons)
    5. 4.5. Europe
      1. 4.5.1. Europe Propionic Acid Market Market size and forecast, 2016-2026
      2. 4.5.2. Europe Propionic Acid Market Market, by Country, 2019 - 2026 (USD Million)
      3. 4.5.3. Europe Market size and forecast, 2016-2026 (Kilo Tons)
      4. 4.5.4. Europe Propionic Acid Market Market, by Country, 2019 - 2026 (Kilo Tons)
      5. 4.5.5. Europe Propionic Acid Market Market, by Application, 2016-2026
        1. 4.5.5.1. Europe Propionic Acid Market Market, by Application, 2016-2026 (USD Million)
        2. 4.5.5.2. Europe Propionic Acid Market Market, by Application, 2016-2026 (Kilo Tons)
      6. 4.5.6. Europe Propionic Acid Market Market, by End-user, 2016-2026
        1. 4.5.6.1. Europe Propionic Acid Market Market, by End-user, 2016-2026 (USD Million)
        2. 4.5.6.2. Europe Propionic Acid Market Market, by End-user, 2016-2026 (Kilo Tons)
      7. 4.5.7. Germany
        1. 4.5.7.1. Germany Market size and forecast, 2016-2026 (USD Million)
        2. 4.5.7.2. Germany Market size and forecast, 2016-2026 (Kilo Tons)
      8. 4.5.8. France
        1. 4.5.8.1. France Market size and forecast, 2016-2026 (USD Million)
        2. 4.5.8.2. France Market size and forecast, 2016-2026 (Kilo Tons)
      9. 4.5.9. U.K.
        1. 4.5.9.1. U.K. Market size and forecast, 2016-2026 (USD Million)
        2. 4.5.9.2. U.K. Market size and forecast, 2016-2026 (Kilo Tons)
      10. 4.5.10. Italy
        1. 4.5.10.1. Italy Market size and forecast, 2016-2026 (USD Million)
        2. 4.5.10.2. Italy Market size and forecast, 2016-2026 (Kilo Tons)
      11. 4.5.11. Spain
        1. 4.5.11.1. Spain Market size and forecast, 2016-2026 (USD Million)
        2. 4.5.11.2. Spain Market size and forecast, 2016-2026 (Kilo Tons)
      12. 4.5.12. Rest of Europe
        1. 4.5.12.1. Rest of Europe Market size and forecast, 2016-2026 (USD Million)
        2. 4.5.12.2. Rest of Europe Market size and forecast, 2016-2026 (Kilo Tons)
    6. 4.6. Asia Pacific
      1. 4.6.1. Asia Pacific Propionic Acid Market Market size and forecast, 2016-2026
      2. 4.6.2. Asia Pacific Propionic Acid Market Market, by Country, 2019 - 2026 (USD Million)
      3. 4.6.3. Asia Pacific Market size and forecast, 2016-2026 (Kilo Tons)
      4. 4.6.4. Asia Pacific Propionic Acid Market Market, by Country, 2019 - 2026 (Kilo Tons)
      5. 4.6.5. Asia Pacific Propionic Acid Market Market, by Application, 2016-2026
        1. 4.6.5.1. Asia Pacific Propionic Acid Market Market, by Application, 2016-2026 (USD Million)
        2. 4.6.5.2. Asia Pacific Propionic Acid Market Market, by Application, 2016-2026 (Kilo Tons)
      6. 4.6.6. Asia Pacific Propionic Acid Market Market, by End-user, 2016-2026
        1. 4.6.6.1. Asia Pacific Propionic Acid Market Market, by End-user, 2016-2026 (USD Million)
        2. 4.6.6.2. Asia Pacific Propionic Acid Market Market, by End-user, 2016-2026 (Kilo Tons)
      7. 4.6.7. China
        1. 4.6.7.1. China Market size and forecast, 2016-2026 (USD Million)
        2. 4.6.7.2. China Market size and forecast, 2016-2026 (Kilo Tons)
      8. 4.6.8. Japan
        1. 4.6.8.1. Japan Market size and forecast, 2016-2026 (USD Million)
        2. 4.6.8.2. Japan Market size and forecast, 2016-2026 (Kilo Tons)
      9. 4.6.9. India
        1. 4.6.9.1. India Market size and forecast, 2016-2026 (USD Million)
        2. 4.6.9.2. India Market size and forecast, 2016-2026 (Kilo Tons)
      10. 4.6.10. South Korea
        1. 4.6.10.1. South Korea Market size and forecast, 2016-2026 (USD Million)
        2. 4.6.10.2. South Korea Market size and forecast, 2016-2026 (Kilo Tons)
      11. 4.6.11. South-East Asia
        1. 4.6.11.1. South-East Asia Market size and forecast, 2016-2026 (USD Million)
        2. 4.6.11.2. South-East Asia Market size and forecast, 2016-2026 (Kilo Tons)
      12. 4.6.12. Rest of Asia Pacific
        1. 4.6.12.1. Rest of Asia Pacific Market size and forecast, 2016-2026 (USD Million)
        2. 4.6.12.2. Rest of Asia Pacific Market size and forecast, 2016-2026 (Kilo Tons)
    7. 4.7. Latin America
      1. 4.7.1. Latin America Propionic Acid Market Market size and forecast, 2016-2026
      2. 4.7.2. Latin America Propionic Acid Market Market, by Country, 2019 - 2026 (USD Million)
      3. 4.7.3. Latin America Market size and forecast, 2016-2026 (Kilo Tons)
      4. 4.7.4. Latin America Propionic Acid Market Market, by Country, 2019 - 2026 (Kilo Tons)
      5. 4.7.5. Latin America Propionic Acid Market Market, by Application, 2016-2026
        1. 4.7.5.1. Latin America Propionic Acid Market Market, by Application, 2016-2026 (USD Million)
        2. 4.7.5.2. Latin America Propionic Acid Market Market, by Application, 2016-2026 (Kilo Tons)
      6. 4.7.6. Latin America Propionic Acid Market Market, by End-user, 2016-2026
        1. 4.7.6.1. Latin America Propionic Acid Market Market, by End-user, 2016-2026 (USD Million)
        2. 4.7.6.2. Latin America Propionic Acid Market Market, by End-user, 2016-2026 (Kilo Tons)
      7. 4.7.7. Brazil
        1. 4.7.7.1. Brazil Market size and forecast, 2016-2026 (USD Million)
        2. 4.7.7.2. Brazil Market size and forecast, 2016-2026 (Kilo Tons)
      8. 4.7.8. Mexico
        1. 4.7.8.1. Mexico Market size and forecast, 2016-2026 (USD Million)
        2. 4.7.8.2. Mexico Market size and forecast, 2016-2026 (Kilo Tons)
      9. 4.7.9. Rest of Latin America
        1. 4.7.9.1. Rest of Latin America Market size and forecast, 2016-2026 (USD Million)
        2. 4.7.9.2. Rest of Latin America Market size and forecast, 2016-2026 (Kilo Tons)
    8. 4.8. The Middle-East and Africa
      1. 4.8.1. The Middle-East and Africa Propionic Acid Market Market size and forecast, 2016-2026
      2. 4.8.2. The Middle-East and Africa Propionic Acid Market Market, by Country, 2019 - 2026 (USD Million)
      3. 4.8.3. The Middle-East and Africa Market size and forecast, 2016-2026 (Kilo Tons)
      4. 4.8.4. The Middle-East and Africa Propionic Acid Market Market, by Country, 2019 - 2026 (Kilo Tons)
      5. 4.8.5. The Middle-East and Africa Propionic Acid Market Market, by Application, 2016-2026
        1. 4.8.5.1. The Middle-East and Africa Propionic Acid Market Market, by Application, 2016-2026 (USD Million)
        2. 4.8.5.2. The Middle-East and Africa Propionic Acid Market Market, by Application, 2016-2026 (Kilo Tons)
      6. 4.8.6. The Middle-East and Africa Propionic Acid Market Market, by End-user, 2016-2026
        1. 4.8.6.1. The Middle-East and Africa Propionic Acid Market Market, by End-user, 2016-2026 (USD Million)
        2. 4.8.6.2. The Middle-East and Africa Propionic Acid Market Market, by End-user, 2016-2026 (Kilo Tons)
      7. 4.8.7. GCC Countries
        1. 4.8.7.1. GCC Countries Market size and forecast, 2016-2026 (USD Million)
        2. 4.8.7.2. GCC Countries Market size and forecast, 2016-2026 (Kilo Tons)
      8. 4.8.8. South Africa
        1. 4.8.8.1. South Africa Market size and forecast, 2016-2026 (USD Million)
        2. 4.8.8.2. South Africa Market size and forecast, 2016-2026 (Kilo Tons)
      9. 4.8.9. Rest of Middle-East Africa
        1. 4.8.9.1. Rest of Middle-East Africa Market size and forecast, 2016-2026 (USD Million)
        2. 4.8.9.2. Rest of Middle-East Africa Market size and forecast, 2016-2026 (Kilo Tons)
  5. CHAPTER 5. Propionic Acid Market Production, Consumption, Export, Import by Regions
    1. 5.1. Global Propionic Acid Market production and revenue, 2016-2026 (USD Million) (Kilo Tons)
    2. 5.2. Global Import and Export Analysis, by Region
  6. CHAPTER 6. Propionic Acid Market market – Competitive Landscape
    1. 6.1. Competitor Market Share – Revenue
    2. 6.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 6.3. Competitor Market Share – Volume
    4. 6.4. Strategic Development
      1. 6.4.1. Acquisitions and Mergers
      2. 6.4.2. New Products
      3. 6.4.3. Research & Development Activities
  7. CHAPTER 7. Company Profiles
    1. 7.1. BASF SE
      1. 7.1.1. Company Overview
      2. 7.1.2. BASF SE Sales, Revenue, Price, and Gross Margin
      3. 7.1.3. Product portfolio
      4. 7.1.4. Recent initiatives
    2. 7.2. Biomin Holdings GmbH
      1. 7.2.1. Company Overview
      2. 7.2.2. Biomin Holdings GmbH Sales, Revenue, Price, and Gross Margin
      3. 7.2.3. Product portfolio
      4. 7.2.4. Recent initiatives
    3. 7.3. Eastman Chemical Company
      1. 7.3.1. Company Overview
      2. 7.3.2. Eastman Chemical Company Sales, Revenue, Price, and Gross Margin
      3. 7.3.3. Product portfolio
      4. 7.3.4. Recent initiatives
    4. 7.4. Niacet Corporation
      1. 7.4.1. Company Overview
      2. 7.4.2. Niacet Corporation Sales, Revenue, Price, and Gross Margin
      3. 7.4.3. Product portfolio
      4. 7.4.4. Recent initiatives
    5. 7.5. Perstorp Holding AB
      1. 7.5.1. Company Overview
      2. 7.5.2. Perstorp Holding AB Sales, Revenue, Price, and Gross Margin
      3. 7.5.3. Product portfolio
      4. 7.5.4. Recent initiatives
    6. 7.6. Celanese Corporation
      1. 7.6.1. Company Overview
      2. 7.6.2. Celanese Corporation Sales, Revenue, Price, and Gross Margin
      3. 7.6.3. Product portfolio
      4. 7.6.4. Recent initiatives
    7. 7.7. Dow Inc.
      1. 7.7.1. Company Overview
      2. 7.7.2. Dow Inc. Sales, Revenue, Price, and Gross Margin
      3. 7.7.3. Product portfolio
      4. 7.7.4. Recent initiatives
    8. 7.8. Hawkins Inc.
      1. 7.8.1. Company Overview
      2. 7.8.2. Hawkins Inc. Sales, Revenue, Price, and Gross Margin
      3. 7.8.3. Product portfolio
      4. 7.8.4. Recent initiatives
    9. 7.9. Oman Oil Company SAOC
      1. 7.9.1. Company Overview
      2. 7.9.2. Oman Oil Company SAOC Sales, Revenue, Price, and Gross Margin
      3. 7.9.3. Product portfolio
      4. 7.9.4. Recent initiatives
    10. 7.10. Corbion N.V.
      1. 7.10.1. Company Overview
      2. 7.10.2. Corbion N.V. Sales, Revenue, Price, and Gross Margin
      3. 7.10.3. Product portfolio
      4. 7.10.4. Recent initiatives
    11. 7.11. Merck KGaA
      1. 7.11.1. Company Overview
      2. 7.11.2. Merck KGaA Sales, Revenue, Price, and Gross Margin
      3. 7.11.3. Product portfolio
      4. 7.11.4. Recent initiatives
    12. 7.12. Otto Chemie Pvt. Ltd.
      1. 7.12.1. Company Overview
      2. 7.12.2. Otto Chemie Pvt. Ltd. Sales, Revenue, Price, and Gross Margin
      3. 7.12.3. Product portfolio
      4. 7.12.4. Recent initiatives
  8. CHAPTER 8. Propionic Acid Market — Industry Analysis
    1. 8.1. Introduction and Taxonomy
    2. 8.2. Propionic Acid Market Market – Key Trends
      1. 8.2.1. Market Drivers
      2. 8.2.2. Market Restraints
      3. 8.2.3. Market Opportunities
    3. 8.3. Value Chain Analysis
    4. 8.4. Key Mandates and Regulations
    5. 8.5. Technology Roadmap and Timeline
    6. 8.6. Propionic Acid Market market – Attractiveness Analysis
      1. 8.6.1. By Application
      2. 8.6.2. By End-user
      3. 8.6.3. By Region
  9. CHAPTER 9. Raw Material analysis
    1. 9.1. Propionic Acid Market Key Raw Material Analysis
      1. 9.1.1. Key Raw Materials
      2. 9.1.2. Price Trend of Key Raw Materials
    2. 9.2. Key Suppliers of Raw Materials
    3. 9.3. Proportion of Manufacturing Cost Structure
      1. 9.3.1. Raw Materials
      2. 9.3.2. Labor Cost
    4. 9.4. Manufacturing Expenses Analysis of Propionic Acid Market
  10. CHAPTER 10. Industrial Chain, Sourcing Strategy and Downstream Buyers
    1. 10.1. Propionic Acid Market Industrial Chain Analysis
    2. 10.2. Upstream Raw Materials Sourcing
      1. 10.2.1. Risk Mitigation:
      2. 10.2.2. Supplier Relationships:
      3. 10.2.3. Business Processes:
      4. 10.2.4. Securing the Product:
    3. 10.3. Raw Materials Sources of Propionic Acid Market Major Manufacturers in 2016
    4. 10.4. Downstream Buyers
    5. 10.5. Distributors/Traders List
  11. CHAPTER 11. Marketing Strategy Analysis, Distributors
    1. 11.1. Marketing Channel
    2. 11.2. Direct Marketing
    3. 11.3. Indirect Marketing
    4. 11.4. Marketing Channel Development Trend
    5. 11.5. Economic/Political Environmental Change
  12. CHAPTER 12. Report Conclusion
  13. CHAPTER 13. Research Approach & Methodology
    1. 13.1. Report Description
    2. 13.2. Research Scope
    3. 13.3. Research Methodology
      1. 13.3.1. Secondary Research
      2. 13.3.2. Primary Research
      3. 13.3.3. Models
        1. 13.3.3.1. Company Share Analysis Model
        2. 13.3.3.2. Revenue Based Modeling
        3. 13.3.3.3. Research Limitations

        List of Figures

        FIG. 1 Global Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 2 Global Propionic Acid Market Market Share, by Application, 2019 & 2026 (USD Million)
        FIG. 3 Global Propionic Acid Market Market share, by Application, 2019 & 2026 (Kilo Tons)
        FIG. 4 Global Animal Feed and Food Preservatives Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 5 Global Animal Feed and Food Preservatives Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 6 Global Rubber Products Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 7 Global Rubber Products Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 8 Global Herbicides Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 9 Global Herbicides Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 10 Global Calcium, Ammonium, and Sodium Salts Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 11 Global Calcium, Ammonium, and Sodium Salts Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 12 Global Plasticizers Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 13 Global Plasticizers Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 14 Global Cellulose Acetate Propionate Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 15 Global Cellulose Acetate Propionate Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 16 Global Others Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 17 Global Others Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 18 Global Propionic Acid Market Market Share, by End-user, 2019 & 2026 (USD Million)
        FIG. 19 Global Propionic Acid Market Market share, by End-user, 2019 & 2026 (Kilo Tons)
        FIG. 20 Global Personal Care Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 21 Global Personal Care Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 22 Global  Agriculture Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 23 Global  Agriculture Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 24 Global Pharmaceutical Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 25 Global Pharmaceutical Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 26 Global Food and Beverage Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 27 Global Food and Beverage Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 28 Global  Other Propionic Acid Market Market, 2016-2026 (USD Million)
        FIG. 29 Global  Other Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 30 Global Propionic Acid Market Market Share, by Region, 2019 & 2026
        FIG. 31 Global Propionic Acid Market Market Share, by Region, 2019 & 2026
        FIG. 32 North America Propionic Acid Market Market, 2016-2026
        FIG. 33 North America Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 34 U.S. Propionic Acid Market Market, 2016-2026
        FIG. 35 U.S. Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 36 Canada Propionic Acid Market Market, 2016-2026
        FIG. 37 Canada Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 38 Europe Propionic Acid Market Market, 2016-2026
        FIG. 39 Europe Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 40 Germany Propionic Acid Market Market, 2016-2026
        FIG. 41 Germany Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 42 France Propionic Acid Market Market, 2016-2026
        FIG. 43 France Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 44 U.K. Propionic Acid Market Market, 2016-2026
        FIG. 45 U.K. Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 46 Italy Propionic Acid Market Market, 2016-2026
        FIG. 47 Italy Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 48 Spain Propionic Acid Market Market, 2016-2026
        FIG. 49 Spain Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 50 Rest of Europe Propionic Acid Market Market, 2016-2026
        FIG. 51 Rest of Europe Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 52 Asia Pacific Propionic Acid Market Market, 2016-2026
        FIG. 53 Asia Pacific Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 54 China Propionic Acid Market Market, 2016-2026
        FIG. 55 China Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 56 Japan Propionic Acid Market Market, 2016-2026
        FIG. 57 Japan Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 58 India Propionic Acid Market Market, 2016-2026
        FIG. 59 India Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 60 South  Korea Propionic Acid Market Market, 2016-2026
        FIG. 61 South  Korea Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 62 South-East Asia Propionic Acid Market Market, 2016-2026
        FIG. 63 South-East Asia Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 64 Rest of Asia Pacific Propionic Acid Market Market, 2016-2026
        FIG. 65 Rest of Asia Pacific Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 66 Latin America Propionic Acid Market Market, 2016-2026
        FIG. 67 Latin America Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 68 Brazil Propionic Acid Market Market, 2016-2026
        FIG. 69 Brazil Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 70 Mexico Propionic Acid Market Market, 2016-2026
        FIG. 71 Mexico Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 72 Rest of Latin America Propionic Acid Market Market, 2016-2026
        FIG. 73 Rest of Latin America Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 74 The Middle-East and Africa Propionic Acid Market Market, 2016-2026
        FIG. 75 The Middle-East and Africa Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 76 GCC Countries Propionic Acid Market Market, 2016-2026
        FIG. 77 GCC Countries Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 78 South Africa Propionic Acid Market Market, 2016-2026
        FIG. 79 South Africa Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 80 Rest of Middle-East Africa Propionic Acid Market Market, 2016-2026
        FIG. 81 Rest of Middle-East Africa Propionic Acid Market  Market, 2016-2026 (Kilo Tons)
        FIG. 82 Global Propionic Acid Market production and revenue, 2016-2026 (USD Million) (Kilo Tons)
        FIG. 83 North America Propionic Acid Market production and revenue, 2016-2026 (USD Million) (Kilo Tons)
        FIG. 84 Europe Propionic Acid Market production and revenue, 2016-2026 (USD Million) (Kilo Tons)
        FIG. 85 Asia Pacific Propionic Acid Market production and revenue, 2016-2026 (USD Million) (Kilo Tons)
        FIG. 86 Latin America Propionic Acid Market production and revenue, 2016-2026 (USD Million) (Kilo Tons)
        FIG. 87 Middle East and Africa Propionic Acid Market production and revenue, 2016-2026 (USD Million) (Kilo Tons)
        FIG. 88 Competitor Market Share – Revenue
        FIG. 89 Competitor Market Share – Volume
        FIG. 90 BASF SE Revenue and Growth Rate
        FIG. 91 BASF SE Market Share
        FIG. 92 Biomin Holdings GmbH Revenue and Growth Rate
        FIG. 93 Biomin Holdings GmbH Market Share
        FIG. 94 Eastman Chemical Company Revenue and Growth Rate
        FIG. 95 Eastman Chemical Company Market Share
        FIG. 96 Niacet Corporation Revenue and Growth Rate
        FIG. 97 Niacet Corporation Market Share
        FIG. 98 Perstorp Holding AB Revenue and Growth Rate
        FIG. 99 Perstorp Holding AB Market Share
        FIG. 100 Celanese Corporation Revenue and Growth Rate
        FIG. 101 Celanese Corporation Market Share
        FIG. 102 Dow Inc. Revenue and Growth Rate
        FIG. 103 Dow Inc. Market Share
        FIG. 104 Hawkins Inc. Revenue and Growth Rate
        FIG. 105 Hawkins Inc. Market Share
        FIG. 106 Oman Oil Company SAOC Revenue and Growth Rate
        FIG. 107 Oman Oil Company SAOC Market Share
        FIG. 108 Corbion N.V. Revenue and Growth Rate
        FIG. 109 Corbion N.V. Market Share
        FIG. 110 Merck KGaA Revenue and Growth Rate
        FIG. 111 Merck KGaA Market Share
        FIG. 112 Otto Chemie Pvt. Ltd. Revenue and Growth Rate
        FIG. 113 Otto Chemie Pvt. Ltd. Market Share
        FIG. 114 Market Dynamics
        FIG. 115 Global Propionic Acid Market – Value Chain Analysis
        FIG. 116 Key Mandates and Regulations
        FIG. 117 Technology Roadmap and Timeline
        FIG. 118 Market Attractiveness Analysis – By Application
        FIG. 119 Market Attractiveness Analysis – By End-user
        FIG. 120 Market Attractiveness Analysis – By Region
        FIG. 121 Manufacturing Cost Structure of Propionic Acid Market
        FIG. 122 Propionic Acid Market Industrial Chain Analysis
        FIG. 123 Market Channel
        FIG. 124 Marketing Channel Development Trend
        FIG. 125 Growth in World Gross Product, 2008-2019

        List of Tables

        TABLE 1 Global Propionic Acid Market market, 2019 & 2026 (USD Million)
        TABLE 2 Global Propionic Acid Market market, by Application, 2016-2026 (USD Million)
        TABLE 3 Global Propionic Acid Market market, by Application, 2016-2026 (Kilo Tons)
        TABLE 4 Global Propionic Acid Market market, by End-user, 2016-2026 (USD Million)
        TABLE 5 Global Propionic Acid Market market, by End-user, 2016-2026 (Kilo Tons)
        TABLE 6 Global Propionic Acid Market market, by region, 2016-2026 (USD Million)
        TABLE 7 Global Propionic Acid Market market, by region, 2016-2026 (Kilo Tons)
        TABLE 8 North America Propionic Acid Market Market, by Application, 2016-2026 (USD Million)
        TABLE 9 North America Propionic Acid Market Market, by Application, 2016-2026 (Kilo Tons)
        TABLE 10 North America Propionic Acid Market Market, by End-user, 2016-2026 (USD Million)
        TABLE 11 North America Propionic Acid Market Market, by End-user, 2016-2026 (Kilo Tons)
        TABLE 12 Europe Propionic Acid Market Market, by Application, 2016-2026 (USD Million)
        TABLE 13 Europe Propionic Acid Market Market, by Application, 2016-2026 (Kilo Tons)
        TABLE 14 Europe Propionic Acid Market Market, by End-user, 2016-2026 (USD Million)
        TABLE 15 Europe Propionic Acid Market Market, by End-user, 2016-2026 (Kilo Tons)
        TABLE 16 Asia Pacific Propionic Acid Market Market, by Application, 2016-2026 (USD Million)
        TABLE 17 Asia Pacific Propionic Acid Market Market, by Application, 2016-2026 (Kilo Tons)
        TABLE 18 Asia Pacific Propionic Acid Market Market, by End-user, 2016-2026 (USD Million)
        TABLE 19 Asia Pacific Propionic Acid Market Market, by End-user, 2016-2026 (Kilo Tons)
        TABLE 20 Latin America Propionic Acid Market Market, by Application, 2016-2026 (USD Million)
        TABLE 21 Latin America Propionic Acid Market Market, by Application, 2016-2026 (Kilo Tons)
        TABLE 22 Latin America Propionic Acid Market Market, by End-user, 2016-2026 (USD Million)
        TABLE 23 Latin America Propionic Acid Market Market, by End-user, 2016-2026 (Kilo Tons)
        TABLE 24 The Middle-East and Africa Propionic Acid Market Market, by Application, 2016-2026 (USD Million)
        TABLE 25 The Middle-East and Africa Propionic Acid Market Market, by Application, 2016-2026 (Kilo Tons)
        TABLE 26 The Middle-East and Africa Propionic Acid Market Market, by End-user, 2016-2026 (USD Million)
        TABLE 27 The Middle-East and Africa Propionic Acid Market Market, by End-user, 2016-2026 (Kilo Tons)
        TABLE 28 North America Propionic Acid Market Production, Consumption, Export, Import, 2016-2019
        TABLE 29 Europe Propionic Acid Market Production, Consumption, Export, Import, 2016-2019
        TABLE 30 Asia Pacific Propionic Acid Market Production, Consumption, Export, Import, 2016-2019
        TABLE 31 Latin America Propionic Acid Market Production, Consumption, Export, Import, 2016-2019
        TABLE 32 Middle East & Africa Propionic Acid Market Production, Consumption, Export, Import, 2016-2019
        TABLE 33 Global Propionic Acid Market Market - Company Revenue Analysis 2016-2019 (USD Million)
        TABLE 34 Global Propionic Acid Market Market - Company Revenue Share Analysis 2016-2019(%)
        TABLE 35 Global Propionic Acid Market Market - Company Volume Analysis 2016-2019 (Kilo Tons)
        TABLE 36 Global Propionic Acid Market Market - Company Volume Share Analysis 2016-2019(%)
        TABLE 37 Acquisitions and Mergers
        TABLE 38 New Product/Service Launch
        TABLE 39 Research & Development Activities
        TABLE 40 Market Drivers
        TABLE 41 Market Restraints
        TABLE 42 Market Opportunities
        TABLE 43 Production Base and Market Concentration Rate of Raw Material
        TABLE 44 Key Suppliers of Raw Materials
        TABLE 45 Raw Materials Sources of Propionic Acid Market Major Manufacturers in 2016
        TABLE 46 Major Buyers of Propionic Acid Market
        TABLE 47 Distributors/Traders of Propionic Acid Market by Region

Key Insights from Primary Research

  • It was recognized through primary research that the Propionic Acid market was valued at around USD 1.46 Billion in 2019.
  • Europe is expected to hold the largest market share of the Propionic Acid in revenue, in 2019.
  • Based on application-based segmentation the “Rubber Products” category, was the leading revenue-generating category in 2019.
  • Based on the end-user, the “Agriculture” category, contributing to the largest revenue-generation.
  • According to our primary respondents, the Propionic Acid market is set to grow annually at a rate of around 3%.

Key Recommendations from Analysts

  • Propionic acid is important for both healthy animal products and human health promoters of antibiotic development.
  • Europe region is estimated to hold a significant share of the propionic acid market in the forecast period. Growing Agriculture and food industry in the region is the propelling demand for propionic acid.
  • Asia Pacific region is estimated to witness the highest growth in the forecast period. The growing population demands an increase in the present agriculture production which is anticipated to boost agriculture region production in the region.
  • The wide use of rubber products in various industries and the shift of farmers to organic farming are fueling the market demand.
  • The growing population is increasing the demand for food production. Also, the demand for organic fruits and vegetables from the health-aware population is projected to boost market growth.  

Industry Major Market Players

  • Perstorp Holding AB
  • Biomin Holdings GmbH
  • BASF SE
  • Eastman Chemical Company
  • Niacet Corporation
  • Celanese Corporation
  • Dow Inc.
  • Hawkins Inc.
  • Oman Oil Company SAOC
  • Corbion
  • Merck KGaA
  • Otto Chemie Pvt. Ltd.

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