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PROPIONIC ACID
EDITION NUMBER: 9 PUBLISHED: JUNE 2019
 Propionic Acid

GLOBAL PROPIONIC ACID MARKET TO 2025

Global Propionic Acid Market Outlook and Growth Frequency, Time Period
Opportunities to 2025: By Application (Animal Feed & Food - Base year Data for 2018
Preservatives; Cellulose Acetate Propionate; Calcium, - Five Year Annual Forecast, 2019-
2025
Ammonium, And Sodium Salts; Plasticizers; Rubber Products; - Updated on Annual Basis
Herbicides; and Other Applications), By End Use Industry
(Agriculture, Personal Care, Pharmaceutical, Food & Beverages,
and Others) and By Region Metrics
- Revenues ($)
- Prices
The 9th edition of Propionic Acid market report focuses on Critical factors - Volumes
for success, market size and forecast growth rates, industry structure and
dynamics, key companies, products and functions and trends and strategic
issues. Availability

This report assists chemical professionals to: - Annual Subscription

- single report purchase
 Assess market-by-market conditions, competition and outlook
 Forecast demand and prioritize your marketing efforts
 Analyze the strategies of leading players and their product profile
 Stay ahead of competition through detailed company analysis
 Identify the critical success factors for sustainable profitability

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 Propionic Acid

Market Scope and Definition

END USER APPLICATION

Methacrylates Animal feed & food
preservatives
Acrylates
Cellulose Acetate
Hybrids
Propionate
Calcium, ammonium, and
sodium Salts
Plasticizers
Rubber Products
Herbicides
Others
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 Propionic Acid

COMPANIES

BASF SE
Niacet Corporation
Eastman Chemical
Hawkins Inc.
The Dow Chemical Company
Celanese Corporation
Macco Organiques Inc.
Perstorp
Addcon Group Gmbh
Daicel Corporation

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 Propionic Acid

Market Overview

Global Propionic Acid Market is poised to report 7.81% year-on-year growth in 2019.Growing demand for animal
feed and other grain preservatives is driving factor for global Propionic acid market growth. On the other hand,
rising penetration of Propionic acid in developing economics and growing demand for cellulose acetate propionate
(CAP) from downstream industry are other factors that are pushing the global Propionic acid market.

Propionic acid is naturally occurring carboxylic acid catering its application in numerous end-user industries
encompassing food & beverage, agriculture, automotive, pharmaceutical and others. This acid is available in the form
of esters in essential oils and serves as an intermediate in the production of crop protection agents, pharmaceutical
products and other solvents.

Environmental issues related to usage of pesticides, lack of production facilities and harmful effects of propionic acid
on human health are the major factors limiting the growth of propionic acid market in a short to medium terms.

Animal feed & food preservatives is the major application segment in global Propionic acid market:

The reportanalysesthe global propionic acid marketbased on applicationas animal feed & food
preservatives;cellulose acetate propionate; calcium, ammonium, and sodium salts;plasticizers, rubber products;
herbicides; and other applications.Animal feed& food preservatives is the fastest growing application segment in
global propionic acid market owing to the growing demand for high quality animal nutrition and feed stock. Followed
by animal feed application, propionic acid is used as an intermediate in chemical derivatives such as calcium

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 Propionic Acid

ammonium & sodium propionate, cellulose acetate propionate (CAP), among others. This wide application range of
propionic acid is expected to offer key opportunities for the market players participating in propionic acid industry.

Agriculture remains as the major end use industry in global Propionic acid market:

Population growth in emerging markets are resulting to high consumption of food products. This has also pushed
agricultural sector to yield more output, thereby leading to more demand for sanitization and preservatives.
Therefore, agriculture occupies as a major end use industry in global propionic acid market. In addition to agriculture
segment, the global propionic acid market is segmented into personal care, pharmaceutical, food & beverage, and
other end use industries.

Europe is the leading region in global Propionic acid market:

Europe emerged out to be the leading market for propionic acid, driven by the use of propionic acid as a substitute
for the antibiotics in numerous applications.Increasing investments for food and agricultural industries in countries such
as Germany, Russia and France driving the demand for propionic acid.

Some countries such as US, Germany, Netherlands, Sweden and Canada are key exporters of propionic acid.
Countries such as India, France, Spain, Brazil and others are key importers of propionic acid. In addition to Europe,
the global propionic acid market is analysed for countries across North America, Asia Pacific, South & Central
America, and Middle East & Africa.

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Propionic Acid
Competitive Landscape of global propionic acid market:

Key manufacturers operating in global propionic acid market includes BASF SE (Germany), Niacet Corporation
(United States), Eastman Chemical (United States), Hawkins Inc. (United States), The Dow Chemical Company (United
States), Celanese Corporation (United States), Macco Organiques Inc. (Canada), Perstorp (Sweden), Addcon Group
Gmbh (Germany), and Daicel Corporation (Japan).

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 Propionic Acid

Scope of the Report

Long term perspective on the Propionic Acid industry: 2018 (base year), 2019- 2025 (forecast period)

Propionic Acid Market- Forecasts by Segments- Application and End Use Industry by geography.

 The research report classifies the global propionic acid market into 7 applications including animal feed &
food preservatives; cellulose acetate propionate; calcium, ammonium, and sodium salts; plasticizers; rubber
products; herbicides; and other applications.
 This report provides the market outlook by 5end use industries including agriculture, personal care,
pharmaceutical, food & beverages, and other end use industries.
 The report analyses the global propionic acid market across countries in 5 regions including Asia-Pacific,
Europe, North America, South & Central America, and Middle East & Africa .

Propionic Acid Market- Strategic Analysis Review

 Key strategies opted by leading players

 Short to Long Term Industry Trends
 Porter’s Five Forces Analysis
 Supply side and Demand Side Drivers and Challenges

Propionic Acid Market- Growth Opportunities

 Potential New Business Opportunities

 Key Areas of Focus in forecast period

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Propionic Acid

Propionic Acid Market- Competitive Scenario

 10 companies are analysed in the report including BASF SE, Niacet Corporation, Eastman Chemical, Hawkins
Inc., The Dow Chemical Company, Celanese Corporation, Macco Organiques Inc., Perstorp, Addcon Group
Gmbh, and Daicel Corporation.
 Company Peer-to-Peer Comparison
 Company Profile and SWOT Analysis
 Financial Analysis

Recent Propionic Acid Market News and Deals

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 Propionic Acid

Table of Contents
1. Table of Contents

1.1 List of Tables

1.2 List of Figures

2. Introduction to Global Propionic Acid Market

2.1 Global Propionic Acid Market Snapshot, 2018

2.2Propionic Acid Industry Overview

2.3 Research Perspective

3. Global Propionic Acid Market- Strategic Analysis

3.1 Short Term and Long Term Industry Trends Affecting Global Propionic Acid Markets

3.2 Leading Propionic Acid Types Targeted by Global Manufacturers

3.3 Key Consumption Patterns of Propionic Acid

3.4 Potential Markets Vital for business Expansion

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Propionic Acid
3.5 Five Forces Analysis

3.6 Drivers and Restraints

4. Global Propionic Acid Market Outlook and Growth Opportunities by Application

4.1Propionic Acid Demand in Animal feed & food preservatives, Market Outlook, 2019- 2025

4.2 Propionic Acid Demand in Cellulose Acetate Propionate (CAP), Market Outlook, 2019- 2025

4.3 Propionic Acid Demand in Calcium, ammonium, and sodium Salts, Market Outlook, 2019- 2025

4.4 Propionic Acid Demand in Plasticizers, Market Outlook, 2019- 2025

4.5 Propionic Acid Demand in Rubber Products, Market Outlook, 2019- 2025

4.6 Propionic Acid Demand in Herbicides, Market Outlook, 2019- 2025

4.7 Propionic Acid Demand in Other Applications, Market Outlook, 2019- 2025

5. Global Propionic Acid Market Outlook and Growth Opportunities by End Use Industry

5.1 Propionic Acid Demand in Agriculture, Market Outlook, 2019- 2025

5.2 Propionic Acid Demand in Personal care, Market Outlook, 2019- 2025

5.3 Propionic Acid Demand in Pharmaceutical, Market Outlook, 2019- 2025

5.4 Propionic Acid Demand in Food & beverage, Market Outlook, 2019- 2025
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 Propionic Acid

5.5 Propionic Acid Demand in Other End Use Industries, Market Outlook, 2019- 2025

6. Asia Pacific Propionic Acid Market Outlook and Growth Opportunities

6.1 Key Findings, 2018

6.2 Asia Pacific Propionic Acid Market Outlook by Application, 2019- 2025

6.3 Asia Pacific Propionic Acid Market Outlook by End Use Industry, 2019- 2025

6.4 Asia Pacific Propionic Acid Market Outlook by Country, 2019- 2025

7. Europe Propionic Acid Market Outlook and Growth Opportunities

7.1 Key Findings, 2018

7.2 Europe Propionic Acid Market Outlook by Application, 2019- 2025

7.3 Europe Propionic Acid Market Outlook by End Use Industry, 2019- 2025

7.4 Europe Propionic Acid Market Outlook by Country, 2019- 2025

8. North America Propionic Acid Market Outlook and Growth Opportunities

8.1 Key Findings, 2018

8.2 North America Propionic Acid Market Outlook by Application, 2019- 2025

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Propionic Acid
8.3 North America Propionic Acid Market Outlook by End Use Industry, 2019- 2025

8.4 North America Propionic Acid Market Outlook by Country, 2019- 2025

9. South & Central America Propionic Acid Market Outlook and Growth Opportunities

9.1 Key Findings, 2018

9.2 South & Central America Propionic Acid Market Outlook by Application, 2019- 2025

9.3South & Central America Propionic Acid Market Outlook by End Use Industry, 2019- 2025

9.4South & Central America Propionic Acid Market Outlook by Country, 2019- 2025

10. Middle East & Africa Propionic Acid Market Outlook and Growth Opportunities

10.1 Key Findings, 2018

10.2 Middle East & Africa Propionic Acid Market Outlook by Application, 2019- 2025

10.3 Middle East & Africa Propionic Acid Market Outlook by End Use Industry, 2019- 2025

10.4 Middle East & Africa Propionic Acid Market Outlook by Country, 2019- 2025

11. Competitive Landscape

11.1 Leading Players (Company Profile, SWOT Analysis, Propionic Acid Products, Financial Analysis)
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 Propionic Acid

11.1.1 BASF SE

11.1.2 Niacet Corporation

11.1.3 Eastman Chemical

11.1.4 Hawkins Inc.

11.1.5 The Dow Chemical Company

11.1.6 Celanese Corporation

11.1.7 Macco Organiques Inc.

11.1.8 Perstorp

11.1.9 Addcon Group Gmbh

11.1.10 Daicel Corporation

11.2 Company Benchmarking

11.3 Financial Analysis

12. Recent News and Deals Landscape

12.1 Mergers and Acquisitions

12.2 New Product Launches

12.3 Asset Transactions

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Propionic Acid
12.4 Financial Announcements

13 Appendix

13.1 OGAnalysis Expertise

13.2 Sources and Research Methodology

13.3 Contact Information

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 Propionic Acid

Research Methodology
Over 1000 companies rely on OGAnalysis research for accurate data and analytics for business development. Accordingly, we
have developed a robust methodology that has been redefined again and again over the past 10 years to arrive at the best-in-
class methodology.

We understand the importance of research for your business!

Our strategic market intelligence is uniquely designed to transform data points into actionable insights for strategic planning and
business development. Our methodology includes series of iterative processes integrating qualitative and quantitative research
methods.

Scope and Report Design Phase

Our well experienced team of experts carefully designs the study scope, objectives and deliverables. Through clear understanding
of research needs of our clients, we design a clear scope for all the segments and sub-segments of the report. Strong knowledge on
emerging trends, client interactions, conferences and latest thinking assist us in formulating the most suitable design process.

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Propionic Acid
Data Sourcing

OGAnalysis has a large pool of industrial partners across companies and business functions. Data is sourced through extensive
primary and secondary research methods. Through collaborative efforts, primary data is sourced from industry organizations,
leading companies, suppliers, traders and consumers to ensure a comprehensive industry perspective.

Strong primary research abilities set us apart from crowd

In-house Proprietary Databases

Our proprietary databases with over 10 million data points act as a strong historic source for all the information gathered during
Data Sourcing phase. A dedicated team of analysts work on a daily basis- crawling thousands of websites and primary calls to
constantly update the information in our databases.

Data Triangulation

The benefits of data triangulation include boosting data trustworthiness, identifying novel ways of understanding, generating new
insights and gain clear understanding of markets. Through use of historical trend analysis, bottom-up and top-down demand
modeling coupled with comparative analysis, we assess the diverse and quantitative data gathered through primary and secondary
research methods.

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 Propionic Acid

Data Triangulation Can Provide Novel Insights

Forecast methodology

Forecasting is no more a simple quantitative modeling exercise. It is an iterative operating process where identifying the right things
to forecast is followed by gathering and improving the data to include real-world scenarios. Emphasis on scalability and
adaptability of the model in current market conditions with confidence remains the key for any forecast model. The forecasting
process concludes with adaptability in business model so as to constantly improve the entire process.

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 Propionic Acid

Related Products and Solutions

Low-Density Polyethylene
Propionic Acid 3D Printing Plastic Crosslinking Agents (LDPE) Polymer Foam
Plastic 3D Printing Powder Dimer Acid Medical Polymers Polymer Gel
Dimethyl Terephthalate and Metal Soaps and Organotin Polymethyl
Polyamide Acrylic Sheet Terephthalic Acid Heat Stabilizers Methacrylate
Metalized Biaxially Oriented
Polyols Acrylonitrile Electrically Conductive Adhesives Polypropylene Films Polyolefin
Acrylonitrile Butadiene
Polypropylene Styrene Resins Electroactive Polymers Metallic Stearate Polyolefin Fibers
Adhesive, Composite,
Polystyrene and Coating Epoxy Emulsion Polymer Methyl Methacrylate Polyoxymethylene
Methyl, Ethyl and Other
Rosin Adipic Acid Engineering Plastics Cellulose Ethers Polyphenylene Oxide
Polyphenylene Sulfide
White Oil Aluminum Oxide Epoxidized Soybean Oil (ESO) Mulch film Resins
High Temperature Amine and Anhydride Epoxy and Polyester Corrosion
Resin Epoxy Curing Agents Resistant Resins Novolac Resins Polypropylene Resins
Low Temperature
Coating Amino Resins Epoxy Coatings Nylon 6 and 66 Polysilicon
Polytetrafluoroethylen
Maleic Anhydride Anti-Fog Additives Epoxy Resin Nylon Monofilament e
Medical Plastics Antimicrobial Plastic Epoxy Surface Coatings Nylon Resins Polyurea
Organic Coatings, Inorganic
Methacrylate Automotive Epoxy, Silicone, Polyurethane and Coatings and Other Barrier Polyvinyl Chloride
Monomers Polycarbonate Glazing Other High Temperature Adhesives Films Resins
Epoxy, Vinyl Ester and Polyester Purified Terephthalic
Opaque Polymers Azodicarbonamide Glass Flake Coatings Packaging Films Acid
Petroleum Resin Bakelite Ethylene Copolymers Paint Protection Film Reinforced Plastics
Rigid Transparent
Phenolic Resin Barrier Resisns Ethylene Glycols PET Polymer Plastics

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 Propionic Acid
Plastic Additives Bio Plasticizers Ethylene Oxide Phosgene Shrink Film
Bio-based Polyethylene
Plastisols Terephthalate Ethylene Propylene Diene Monomer Plastic Compounding Smart Polymers
Styrene-Acrylonitrile
Polyamide Bio-based Polypropylene Extruded Polypropylene Foam Plastic Dielectric Films Resins
Styrenic Block
Polycarbonate Films Biodegradable Plastics Fiber Reinforced Composites Plastic Films and Sheets Copolymers
Fiber Reinforced Polymer
Polyetheramine Biodegradable Polymers Composites Plasticizer Alcohol Styrenic Copolymers
Biodegradable
Superabsorbent
Polymer Dispersions Materials Flexible Epoxy Resin Plasticizers Styrenic Polymers
Polymethyl
Methacrylate
Microspheres Bioplastics Fluorotelomers Polyacetal Resins Styrenics
Polyphenylene
Sulfide Bio-Polyamide Furan Resins Polyacrylamide Sulfone Polymers
Polypropylene Superabsorbent
Catalysts Biopolymer Furandicarboxylic Acid Polyamide Resins Polymers
Synthetic and Bio-
Polyvinyl Butyral Bioresorbable Polymers Glass Fiber Polyamide-Imide Based Polypropylene
Synthetic Water-
Precipitated Silica Bisphenol A Gum Rosin Polyaryletherketone Soluble Polymers
Thermoformed
Protective Films Blow Molded Plastics HDPE (High-Density Polyethylene) Polyarylsulfone Plastics
Thermoplastic
Polyester Engineering
PVC Additives Breathable Film HDPE Polyethylene Resins Polycarbonate Resins Resins
Thermoplastic
PVC Stabilizer Cellulose Acetate Heat Resistant Polymer Polychlorotrifluoroethylene Polyolefins
Saturated Polyester Thermoplastic
Resin Cellulose Acetate Flake Hexamethylenediamine Polyester Film Vulcanizates
Synthetic Latex
Polymers Cellulose Ester High Density Polyethylene Polyester Polyols Triethylene Glycol

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Propionic Acid
Cellulose Ether and Ultraviolet Curable
Transparent Plastics Derivatives Hydrazine Polyether Ether Ketone Resins
Tris Nonylphenyl Unsaturated Polyester
Phosphite Cellulose Films Impact Modifiers Polyether Polyols Resins
Chlorinated
UV Absorbers Polyethylene (PE-C) Injection Molded Plastics Polyethylene Furanoate UV Light Stabilizers
Chlorinated
Polyethylene Resins and Water Soluble
UV Stabilizer Elastomers Ion Exchange Resins Polyethylene Glycol Polymers
Wood Plastic
Water Based Resin Chromatography Resin LDPE Polyethylene Resins Polyethylene Naphthalate Composite
Water Soluble Film Coating Resins Linear LDPE Polyethylene Resins Polyethylene Terephthalate Solid-State Resins
Waterborne Epoxy
Resins Conductive Polymers Liquid Crystal Polymers Polyimides and Imide Polymers
Waterborne UV Corrosion Resistant
Curable Resins Resin Low Profile Additives Polymer Chameleons

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 Propionic Acid

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