APAC Propionic Acid Market - Trends, COVID-19 impact and Growth Forecasts to 2026

ChemIntel360’s APAC Propionic Acid market study is a 52 slide report containing in depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from application perspective. Despite the adverse effects of the COVID-19 pandemic, the market is expected to rebound and grow at a CAGR of 3.8% over 2021-2026. The main factors driving growth is the chemical’s extensive use in the production of feed preservatives and mold-inhibiting additives, the demand for which has witnessed robust growth in the region.

Scope

This study contains APAC market size data - value and volume. The numbers are broken down by application (Animal Feed and Food Preservatives, Herbicides, Cellulose Acetate Propionate, Plasticizers, Calcium, Ammonium, and Sodium Salts, and others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.

Market Overview

The APAC Propionic Acid market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$0.23 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the APAC Propionic Acid market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.

 

Figure 1: APAC Propionic Acid Market during 2015-2026 in kilo tons

 

Figure 2: APAC Propionic Acid market by application in 2020

Table of Contents

 

 

Executive summary

Table of contents

List of tables

List of figures

 

Chapter-1: Introduction

1.1 Objective of the report

1.2 Market definition

1.3 Scope of the report

1.3.1 Markets covered

1.3.2 Years covered

1.4 Conventions

1.5 Stakeholder

1.6 Summary methodology

1.7 Data collection

1.7.1 Secondary research

1.7.2 Primary research

1.8 Market size estimation

1.8.1 Bottom-up approach

1.8.2 Top-down approach

1.9 Data triangulation

1.10 Assumptions and limitations

1.11 COVID-19 Impact

 

Chapter-2: Market analysis by application

2.1 APAC: Propionic Acid application market size composition

2.1.1 APAC: Propionic Acid market overview, 2015-2026 (US$ billion)

2.1.2 APAC: Propionic Acid market overview, 2015-2026 (kilo tons)

2.2.1 APAC Propionic Acid market overview, 2015-2026 (US$ billion)

2.2.2 APAC Propionic Acid market overview, 2015-2026 (Kilo tons)

2.3.1 APAC Propionic Acid market: Animal Feed and Food Preservatives (US$ billion)

2.3.2 APAC Propionic Acid market: Animal Feed and Food Preservatives (Kilo tons)             

2.4.1 APAC Propionic Acid market: Herbicides (US$ billion)

2.4.2 APAC Propionic Acid market: Herbicides (Kilo tons)             

2.5.1 APAC Propionic Acid market: Cellulose Acetate Propionate (US$ billion)

2.5.2 APAC Propionic Acid market: Cellulose Acetate Propionate (Kilo tons)    

2.6.1 APAC Propionic Acid market: Calcium, Ammonium, and Sodium Salts (US$ billion)

2.6.2 APAC Propionic Acid market: Calcium, Ammonium, and Sodium Salts (Kilo tons)          

2.7.1 APAC Propionic Acid market: Plasticizers (US$ billion)

2.7.2 APAC Propionic Acid market: Plasticizers (Kilo tons)          

2.8.1 APAC Propionic Acid market: Others (US$ billion)

2.8.2 APAC Propionic Acid market: Others (Kilo tons)             

 

Chapter-3: Key markets analysis

3.1 APAC Propionic Acid key market size composition

3.1.1 APAC Propionic Acid overview, 2015-2026 (US$ billion)

3.1.2 APAC Propionic Acid overview, 2015-2026 (kilo tons)

3.2.1 APAC Propionic Acid market: China (US$ billion)

3.2.2 APAC Propionic Acid market: China (kilo tons)

3.3.1 APAC Propionic Acid market: India (US$ billion)

3.3.2 APAC Propionic Acid market: India (kilo tons)

3.4.1 APAC Propionic Acid market: Japan (US$ billion)

3.4.2 APAC Propionic Acid market: Japan (kilo tons)

 

Appendix

Glossary of terms

Disclaimer

About Us

 

 

List of Tables

Table 1: By value: Propionic Acid market by application during 2015-2026 in US$ billion

Table 2: By volume: Propionic Acid market by application during 2015-2026 in kilo tons

Table 3: By Value: Key Propionic Acid markets in APAC in US$ billion

Table 4: By Volume: Key Propionic Acid markets in APAC in kilo tons

 

List of Figures

Figure 1: By value: Propionic Acid market by application during 2015-2026 in %

Figure 2: By volume: Propionic Acid market by application during 2015-2026 in %

Figure 3: By value: Use of Propionic Acid in APAC during 2015-2026 in %

Figure 4: By value: Use of Propionic Acid in APAC during 2015-2026 in US$ billion

Figure 5: By volume: Use of Propionic Acid in APAC during 2015-2026 in %

Figure 6: By volume: Use of Propionic Acid in APAC during 2015-2026 in kilo tons

Figure 7: By value: Use of Propionic Acid in APAC Animal Feed and Food Preservatives market during 2015-2026 in %

Figure 8: By value: Use of Propionic Acid in APAC Animal Feed and Food Preservatives market during 2015-2026 in US$ billion

Figure 9: By volume: Use of Propionic Acid in APAC Animal Feed and Food Preservatives market during 2015-2026 in %

Figure 10: By volume: Use of Propionic Acid in APAC Animal Feed and Food Preservatives market during 2015-2026 in kilo tons

Figure 11: By value: Use of Propionic Acid in APAC Herbicides market during 2015-2026 in %

Figure 12: By value: Use of Propionic Acid in APAC Herbicides market during 2015-2026 in US$ billion

Figure 13: By volume: Use of Propionic Acid in APAC Herbicides market during 2015-2026 in %

Figure 14: By volume: Use of Propionic Acid in APAC Herbicides market during 2015-2026 in kilo tons

Figure 15: By value: Use of Propionic Acid in APAC Cellulose Acetate Propionate market during 2015-2026 in %

Figure 16: By value: Use of Propionic Acid in APAC Cellulose Acetate Propionate market during 2015-2026 in US$ billion

Figure 17: By volume: Use of Propionic Acid in APAC Cellulose Acetate Propionate market during 2015-2026 in %

Figure 18: By volume: Use of Propionic Acid in APAC Cellulose Acetate Propionate market during 2015-2026 in kilo tons

Figure 19: By value: Use of Propionic Acid in APAC Calcium, Ammonium, and Sodium Salts market during 2015-2026 in %

Figure 20: By value: Use of Propionic Acid in APAC Calcium, Ammonium, and Sodium Salts market during 2015-2026 in US$ billion

Figure 21: By volume: Use of Propionic Acid in APAC Calcium, Ammonium, and Sodium Salts market during 2015-2026 in %

Figure 22: By volume: Use of Propionic Acid in APAC Calcium, Ammonium, and Sodium Salts market during 2015-2026 in kilo tons

Figure 23: By value: Use of Propionic Acid in APAC Plasticizers market during 2015-2026 in %

Figure 24: By value: Use of Propionic Acid in APAC Plasticizers market during 2015-2026 in US$ billion

Figure 25: By volume: Use of Propionic Acid in APAC Plasticizers market during 2015-2026 in %

Figure 26: By volume: Use of Propionic Acid in APAC Plasticizers market during 2015-2026 in kilo tons

Figure 27: By value: Use of Propionic Acid in APAC Others market during 2015-2026 in %

Figure 28: By value: Use of Propionic Acid in APAC Others market during 2015-2026 in US$ billion

Figure 29: By volume: Use of Propionic Acid in APAC Others market during 2015-2026 in %

Figure 30: By volume: Use of Propionic Acid in APAC Others market during 2015-2026 in kilo tons

Figure 31: By Value: key Propionic Acid markets in APAC US$ billion

Figure 32: By Volume: key Propionic Acid markets in APAC in kilo tons

Figure 33: By value: China Propionic Acid market during 2015-2026 in %

Figure 34: By value: China Propionic Acid market during 2015-2026 in US$ billion

Figure 35: By volume: China Propionic Acid market during 2015-2026 in %

Figure 36: By volume: China Propionic Acid market during 2015-2026 in kilo tons

Figure 37: By value: India Propionic Acid market during 2015-2026 in %

Figure 38: By value: India Propionic Acid market during 2015-2026 in US$ billion

Figure 39: By volume: India Propionic Acid market during 2015-2026 in %

Figure 40: By volume: India Propionic Acid market during 2015-2026 in kilo tons

Figure 41: By value: Japan Propionic Acid market during 2015-2026 in %

Figure 42: By value: Japan Propionic Acid market during 2015-2026 in US$ billion

Figure 43: By volume: Japan Propionic Acid market during 2015-2026 in %

Figure 44: By volume: Japan Propionic Acid market during 2015-2026 in kilo tons

 

Research Methodology

This report uses a comprehensive and iterative research methodology including bottom-up and top-down approaches, to minimize deviance and consequently provide accurate market estimates and forecasts. Additionally, we make use of market breakdown and data triangulation procedures to validate our findings.

 

Secondary Research

We strictly make use of authentic and credible secondary sources such as company filings, white papers published by reputable authorities and institutions, journals, articles published by industry experts and other gold and silver standard databases such as Bloomberg, Dunn & Bradstreet, Standard & Poor’s and Thomson Reuters, among others.

Primary Research

Our findings from secondary sources are then validated by exhaustive primary interviews either through online surveys or on the phone. Importantly, we conduct these interviews all across the world, either internally or through channel partners in various locations, to get critical local insights as well.

Report Parameters Details
Time Period Considered
Historical Period
Forecast Period
Units considered
Report Coverage
COVID-19
Segments
Regions included in the study
Companies Profiled


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