Propionic Acid Market By Application (Animal feed & food preservatives, Calcium and sodium Salts, Cellulose acetate propionate, Herbicides, Others (Flavors, fragrances, etc.); By End-User (Agriculture, Food and Beverage, Personal Care, Chemical, Pharmaceutical); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032

Propionic Acid Market Overview

According to a comprehensive study by KD Market Insights analyzes and forecasts the Propionic Acid Market at both global and regional level. The report provides an analysis of 10 years, in which 2020 is the base year, 2021 as an estimated year and 2022-2032 is forecasted period. The report consists of overall market size in 2019 and its anticipated growth in further 10 years. It gives grasp about the high demanding region for Propionic Acid. It also includes the factors that drive the growth of the market along with emerging and current opportunities. The competitor's strategies for long-term and short-term goals are also a key part of this research methodology.

The Global propionic acid market is expected to grow from USD 1.9 billion in 2021 to USD 3.7 billion by 2032, at a CAGR of 6.9% during the forecast period 2022-2032.

The report includes an in-depth price chain analysis, that provides an in depth read of the world Propionic Acid Market. The Porter’s 5 Forces analysis provided within the report helps to know the competitive state of affairs within the international Propionic Acid Market. The study incorporates market attractiveness analysis, whereby the market segments for product type and application square measure benchmarked supported their market size, rate of growth, and attractiveness in terms of chance. so as to grant an entire analysis of the general competitive state of affairs within the Propionic Acid Market, each geographical area mentioned within the report is supplied with attractiveness analysis.

A market Overview chapter explains the market trends and dynamics that embody the market drivers, restraining factors, and opportunities for the present and future Propionic Acid Market. Market outlook analysis has been provided globally within the report. to boot, the report conjointly provides analysis of various business ways being adopted by market leaders of the Propionic Acid Market. Market introduction chapter assists in gaining an inspiration of various trends and services associated with Propionic Acid.

Propionic Acid Market Report Description

The research offers a comprehensive analysis of Propionic Acid Market with respect to various sub-markets. The segmentation of Propionic Acid is by application, by End-User and by global regions. By Application, the market is sub-segmented into directed Animal feed & food preservatives, Calcium and sodium Salts, Cellulose acetate propionate, Herbicides, Others (Flavors, fragrances, etc.). By End-User, the market is sub-segmented into directed Agriculture, Food and Beverage, Personal Care, Chemical, Pharmaceutical.

The report covers every segment so that every segment is analyzed properly, and every area is considered while preparing the report so that requirements from that particular area can be analyzed and further modification can be made accordingly. The Geographical areas covered in this report are North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Russia, Spain and rest of Europe), Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa), Latin America (Argentina, Mexico, Brazil and Rest of Latin America). The report covers the leading trends in the market, insights and plan and policies adopted by the competitors in the market that can hamper the conditions of the market.

The report describes the key competitors ruling in the market and plans and strategies adopted by them to grab their target market and working with consistency in the market so that company can prepare itself beforehand for the unforeseen circumstances. The key players profiled in the global Propionic Acid Market includes BASF SE, The Dow Chemical Company, Eastman Chemical Company, The Perstorp Group, Hawkins Inc., Macco Organiques Inc. and Others Major & Niche Key Players. Companies are focusing on expanding their business through strategic acquisitions and partnerships with several end-use industries.

In the last section of the report, the current scenario of the market has been shown to provide a better overview of the market. The report highlights the data collected by the report. A perfect combination of the primary, as well as secondary research, has been made to collect all the facts and figures about the market and the company itself. Primary data research includes telephonic interviews; e-mail conversation, face to face interviews whereas secondary research includes the annual report depicting the financial position of the company, government regulations, shareholders reviews and statistical database. The further secondary method has been considered as a reliable method as a comparison to primary data.

By Application

- Animal feed & food preservatives
- Calcium and sodium Salts
- Cellulose acetate propionate
- Herbicides
- Others (Flavors, fragrances, etc.)

By End-User

- Agriculture
- Food and Beverage
- Personal Care
- Chemical
- Pharmaceutical

Propionic Acid market Key Players

- BASF SE
- The Dow Chemical Company
- Eastman Chemical Company
- The Perstorp Group
- Hawkins Inc.
- Macco Organiques Inc.
- Others Major & Niche Key Players

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Drivers & Issues in Global Propionic Acid Market
3. Global Propionic Acid Market Trends
4. Opportunities in Global Propionic Acid Market
5. Recent Industry Activities, 2019
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Propionic Acid Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

9. Global Propionic Acid Market Segmentation Analysis, By Application
9.1. Introduction
9.2. Market Attractiveness, By Application
9.3. BPS Analysis, By Application
9.4. Animal feed & food preservatives Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.5. Calcium and sodium Salts Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.6. Cellulose acetate propionate Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.7. Herbicides Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.8. Others Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.8.1. Flavors Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.8.2. Fragrances Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

10. Global Propionic Acid Market Segmentation Analysis, By End-User
10.1. Introduction
10.2. Market Attractiveness, By End-User
10.3. BPS Analysis, By End-User
10.4. Agriculture Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5. Food and Beverage Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6. Personal Care Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.7. Chemical Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.8. Pharmaceutical Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

11. Geographical Analysis
11.1. Introduction
11.2. North America Propionic Acid Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.1. By Application
11.2.2. By End-User
11.2.3. By Country
11.2.3.1. Market Attractiveness, By End-user
11.2.3.2. BPS Analysis, By End-User
11.2.3.3. U.S. Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.3.4. Canada Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

11.3. Europe Propionic Acid Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.1. By Application
11.3.2. By End-User
11.3.3. By Country
11.3.3.1. Market Attractiveness, By Country
11.3.3.2. BPS Analysis, By Country
11.3.3.3. Germany Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.4. United Kingdom Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.5. France Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.6. Italy Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.7. Spain Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.8. Russia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.9. Rest of Europe Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

11.4. Asia Pacific Propionic Acid Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.1. By Application
11.4.2. By End-User
11.4.3. By Country
11.4.3.1. Market Attractiveness, By Country
11.4.3.2. BPS Analysis, By Country
11.4.3.3. China Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.4. India Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.5. Japan Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.6. South Korea Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.7. Indonesia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.8. Taiwan Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.9. Australia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.10. New Zealand Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.11. Rest of Asia Pacific Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

11.5. Latin America Propionic Acid Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.1. By Application
11.5.2. By End-User
11.5.3. By Country
11.5.3.1. Market Attractiveness, By Country
11.5.3.2. BPS Analysis, By Country
11.5.3.3. Brazil Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.4. Mexico Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.5. Rest of Latin America Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

11.6. Middle East & Africa Propionic Acid Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.1. By Application
11.6.2. By End-User
11.6.3. By Geography
11.6.3.1. Market Attractiveness, By Geography
11.6.3.2. BPS Analysis, By Geography
11.6.3.3. GCC Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.4. North Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.5. South Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.6. Rest of Middle East & Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

12. Competitive Landscape
12.1. Market Share of Key Players
12.2. Market Positioning of Major Players in Global Propionic Acid Market
12.3. Company Profiles
12.3.1. BASF SE
12.3.1.1. Product Offered
12.3.1.2. Business Strategy
12.3.1.3. Financials
12.3.1.4. SWOT Analysis
12.3.1.5. Market Share Analysis
12.3.1.6. Key Achievements & Developments
12.3.2. The Dow Chemical Company
12.3.3. Eastman Chemical Company
12.3.4. The Perstorp Group
12.3.5. Hawkins Inc.
12.3.6. Macco Organiques Inc.
12.3.7. Other Major & Niche Players