Global Propionic Acid Market - Trends, COVID-19 impact and Growth Forecasts to 2029
Global Propionic Acid Market 2018-2029 by application (Animal Feed and Food Preservatives, Herbicides, Cellulose Acetate Propionate, Calcium, Ammonium, and Sodium Salts, Plasticizers, and Others), by region (Asia-Pacific, North America, Europe, South America, Middle East and Africa), with forecasts till 2029 (value and volume)
The Global Propionic Acid market is valued at US$1.7 billion in 2021 and is expected to grow at a CAGR of over 4.6% during the forecasted period. ChemIntel360’s Global Propionic Acid market study is a 210-page report comprising an in-depth analysis of historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and applications perspective.
Propionic Acid (PA) is a naturally occurring colourless and corrosive carboxylic acid with a molecular formula of CH3CH2COOH. It is also known as Ethane carboxylic Acid, Carboxyethane, and Ethylformic Acid. The main factors driving growth is the chemical’s extensive use in feed and food preservatives, the demand for which has witnessed robust growth in the agricultural industry.
Figure 1: Global Propionic Acid Market during 2018-2029 in US$ billion
Objectives of the report
- To define, describe, and forecast the Propionic Acid market on the basis of application, raw material type, region, and selected countries.
- To analyze and forecast the propionic acid market segments (type and end use) based on major regions such as Asia-Pacific, North America, Europe, South America, and Middle East and Africa.
- To analyze and provide information on various market dynamics including trends, drivers, opportunities, and challenges, that directly or indirectly influence the market during the forecast period.
- To analyzeand provide details of a competitive landscape for market leaders.
- To analyze recent developments in terms of operational and strategic changes such as new product developments, capacity expansion, alliances, joint ventures, and mergers & acquisitions in the market
Key insights from the Global Propionic Acid report
Insights on application:
The Global Propionic Acid market is further segmented by application into Animal Feed and Food Preservatives, Herbicides, Cellulose Acetate Propionate, Calcium, Ammonium, and Sodium Salts, Plasticizers, and Other applications. The report further breaks out the market size of each of these applications in terms of their volumes and values.
Animal feed is one of the larger application segments which is growing on account of higher demand for nutritional animal food. Farm owners and animal feed manufacturers in the EU are under the directives to produce and provide feed under hygienic conditions, leading to higher usage for propionic acid in animal feed additives.
Since Propionic Acid is also used for preserving bakery products, it is being used to increase the shelf life of packaged food. Thus, we expect an increasing demand for propionic acid in such applications.
Regional Insights
- Europe is expected to be the largest regional market, while the APAC will continue to be the fastest growing market for Propionic Acid.
- The European Propionic Acid market includes Germany, France, Italy, the UK, and rest of Europe. It holds the largest market share, and we expect the growth in the region to be moderate during the forecast period, owing to market maturity.
- Germany has a sizable market share of the food industry and agriculture sector. The use of Propionic Acid in both industries will boost the growth of the market. Additionally, ongoing investments in the food industry will further drive the market growth.
- Furthermore, Germany also has the biggest market for cosmetics. The growing demand for creams with advanced solutions will drive the demand for Propionic Acid in the region.
- Propionic Acid derivatives are used in the manufacturing of anti-inflammatory drugs, and France being one of the largest consumers of pharmaceuticals globally, the Propionic Acid market in the country is likely to witness growth in the forecasted period.
- Asia-Pacific is also witnessing a positive growth rate mainly due to the increase in demand for food grains, the cultivation of which requires herbicides in large quantities. Propionic acid is one of the main ingredients in herbicides. Additionally, the growth in the packaged food industry which makes liberal use of Propionic Acid as a food preservative, is also expected to drive the market.
Market dynamics
Trends
According to the OECD-FAO study titled Agriculture Outlook 2020-2029, growth in the livestock sector would increase consumption of animal feed such as maize, wheat, and protein meals, which account for over 75% of total feed demand. Furthermore, with the growth in per-capita income of consumers and population, there is a huge demand for food crops. This in turn would increase the demand for Propionic Acid based fungicides and bactericides, which is used to control fungi and bacteria in stored grains, hay, poultry litter, and drinking water, for poultry and livestock.
Drivers
Increasing demand in food & beverage industry to drive growth
Propionic Acid is a liquid organic acid which prevents the growth of different molds. It is a natural preservative and also has anti-bacterial properties. Therefore, it is used in cheese, baked goods and other ready-to-eat foods to increase their shelf life. The extensive use of Propionic Acid in the food & beverage industry will boost its market growth.
Opportunities
Anti-fungal and anti-bacterial properties to boost demand
Propionic Acid is used extensively in food preservatives. The growing demand for packaged food is expected to contribute significantly towards the growth of the market.
Also, it is highly effective for storing grains for a longer period in places with high moisture, owing to its anti-bacterial and anti-fungal properties. The increasing demand for safe animal feed and awareness on grain preservation is likely to accelerate growth of the Propionic Acid market.
Propionate Esters are used as an alternative for solvents or artificial flavourings, which may provide opportunities for market growth in the future.
Challenges
Concerns over usage of Propionic Acid on human health
Propionic acid is a natural preservative and is therefore used as a medium in many production processes. However, it can also cause moderate to serious health issues such as skin irritation, burns or permanent blindness in extreme cases.
The growing awareness among consumers related to health consciousness is also hindering the demand for food preservatives, as they start preferring fresh foods and vegetables over preserved ones. This change in consumer preference may adversely affect the growth of the market.
Impact of COVID-19
The Propionic Acid market was negatively affected by the COVID-19 pandemic, due to a sudden fall in demand from major end-use industries such as agriculture, pharmaceuticals, and cosmetics and also because of supply chain bottlenecks caused by border closures and strict lockdowns. This was especially true in Europe, which is the leading producer and exporter of animal feed globally.
The agriculture industry was among the worst affected owing to the chemical’s extensive use to sanitize grain storage facilities and as a preservative in animal feed and grain.
In the pharmaceutical industry, the impact was felt due to the ban on some anti-inflammatory drugs containing propionic acid, as they were deemed to increase the risk of contracting COVID-19. This was especially true in Italy. Additionally, the cosmetic industry has also been negatively impacted by the COVID-19 crisis. Production of cosmetics products have declined due to shutdown of production facilities and sales has been hampered due to social distancing norms. These factors have in turn affected the demand for Propionic Acid globally.
Scope of the Global Propionic Acid report
This report provides analysis of the latest industry trends and estimates revenue and volume growth at global, regional, and country levels. For this report, ChemIntel360 has segmented the Global Propionic Acid market based on end use, type and region.
Insights on application (Volume in Kilotons; Revenue in US$ billion/ million, 2015-2026)
- Animal Feed and Food Preservatives
- Herbicides
- Cellulose Acetate Propionate
- Calcium, Ammonium, and Sodium Salts
- Plasticizers
- Others
Insights on Regional market (Volume in Kilotons; Revenue in US$ billion/ million, 2015-2026)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Asia Pacific
- China
- India
- Japan
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
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 Overview
2.1 Introduction
2.2 Covid impact on the market
2.3 Market Dynamics
2.3.1 Drivers
2.3.2 Restraints
2.3.3 Opportunities
2.3.4 Challenges
2.4 Key Players
2.5 Trends
2.6 Recent Developments
Chapter-3: Segment Analysis
3.1.1 Market overview, 2015-2026 (US$ billion)
3.1.2 Market overview, 2015-2026 (kilotons)
3.2.1 Propionic Acid market: animal feed and food preservatives (US$ billion)
3.2.2 Propionic Acid market: animal feed and food preservatives (kilotons)
3.3.1 Propionic Acid market: herbicides (US$ billion)
3.3.2 Propionic Acid market: herbicides (kilotons)
3.4.1 Propionic Acid market: cellulose acetate propionate (US$ billion)
3.4.2 Propionic Acid market: cellulose acetate propionate (US$ kilotons)
3.5.1 Propionic Acid market: calcium, ammonium, and sodium salts (US$ billion)
3.5.2 Propionic Acid market: calcium, ammonium, and sodium salts (kilotons)
3.6.1 Propionic Acid market: plasticizers (US$ billion)
3.6.2 Propionic Acid market: plasticizers (US$ billion)
3.7.1 Propionic Acid market: others (US$ billion)
3.7.2 Propionic Acid market: others (kilotons)
Chapter-4: Regional Analysis
4.1 Market overview, 2015-2026
4.2.1 Market overview, 2015-2026 (US$ billion)
4.2.2 Market overview, 2015-2026 (kilotons)
4.3.1 Propionic Acid market: APAC (US$ billion)
4.3.2 Propionic Acid market: APAC (kilotons)
4.4.1 Propionic Acid market: North America (US$ billion)
4.4.2 Propionic Acid market: North America (US$ billion)
4.5.1 Propionic Acid market: Europe (US$ billion)
4.5.2 Propionic Acid market: Europe (kilotons)
4.6.1 Propionic Acid market: South America (US$ billion)
4.6.2 Propionic Acid market: South America (kilotons)
4.7.1 Propionic Acid market: Middle East and Africa (US$ billion)
4.7.2 Propionic Acid market: Middle East and Africa (kilotons)
Chapter-5: Regional market Analysis by Application
5.1 Propionic Acid regional market application composition
5.1.1 Propionic Acid market: APAC herbicides (US$ billion)
5.1.2 Propionic Acid market: APAC herbicides (kilotons)
5.2.1 Propionic Acid market: APAC cellulose acetate propionate (US$ billion)
5.2.2 Propionic Acid market: APAC cellulose acetate propionate (kilotons)
5.3.1 Propionic Acid market: APAC animal feed and food preservatives (US$ billion)
5.3.2 Propionic Acid market: APAC animal feed and food preservatives (kilotons)
5.4.1 Propionic Acid market: APAC calcium, ammonium, and sodium salts (US$ billion)
5.4.2 Propionic Acid market: APAC calcium, ammonium, and sodium salts (kilotons)
5.5.1 Propionic Acid market: APAC plasticizers (US$ billion)
5.5.2 Propionic Acid market: APAC plasticizers (kilotons)
5.6.1 Propionic Acid market: APAC others (US$ billion)
5.6.2 Propionic Acid market: APAC others (kilotons)
5.7.1 Propionic Acid market: North America cellulose acetate propionate (US$ billion)
5.7.2 Propionic Acid market: North America cellulose acetate propionate (kilotons)
5.8.1 Propionic Acid market: North America herbicides (US$ billion)
5.8.2 Propionic Acid market: North America herbicides (kilotons)
5.9.1 Propionic Acid market: North America animal feed and food preservatives (US$ billion)
5.9.2 Propionic Acid market: North America animal feed and food preservatives (kilotons)
5.10.1 Propionic Acid market: North America calcium, ammonium, and sodium salts (US$ billion)
5.10.2 Propionic Acid market: North America calcium, ammonium, and sodium salts (kilotons)
5.11.1 Propionic Acid market: North America plasticizers (US$ billion)
5.11.2 Propionic Acid market: North America plasticizers (kilotons)
5.12.1 Propionic Acid market: North America others (US$ billion)
5.12.2 Propionic Acid market: North America others (kilotons)
5.13.1 Propionic Acid market: Europe cellulose acetate propionate (US$ billion)
5.13.2 Propionic Acid market: Europe cellulose acetate propionate (kilotons)
5.14.1 Propionic Acid market: Europe herbicides (US$ billion)
5.14.2 Propionic Acid market: Europe herbicides (kilotons)
5.15.1 Propionic Acid market: Europe animal feed and food preservatives (US$ billion)
5.15.2 Propionic Acid market: Europe animal feed and food preservatives (kilotons)
5.16.1 Propionic Acid market: Europe calcium, ammonium, and sodium salts (US$ billion)
5.16.2 Propionic Acid market: Europe calcium, ammonium, and sodium salts (kilotons)
5.17.1 Propionic Acid market: Europe plasticizers (US$ billion)
5.17.2 Propionic Acid market: Europe plasticizers (kilotons)
5.18.1 Propionic Acid market: Europe others (US$ billion)
5.18.2 Propionic Acid market: Europe others (kilotons)
5.19.1 Propionic Acid market: South America cellulose acetate propionate (US$ billion)
5.19.2 Propionic Acid market: South America cellulose acetate propionate (kilotons)
5.20.1 Propionic Acid market: South America herbicides (US$ billion)
5.20.2 Propionic Acid market: South America herbicides (kilotons)
5.21.1 Propionic Acid market: South America animal feed and food preservatives (US$ billion)
5.21.2 Propionic Acid market: South America animal feed and food preservatives (kilotons)
5.22.1 Propionic Acid market: South America calcium, ammonium, and sodium salts (US$ billion)
5.22.2 Propionic Acid market: South America calcium, ammonium, and sodium salts (kilotons)
5.23.1 Propionic Acid market: South America plasticizers (US$ billion)
5.23.2 Propionic Acid market: South America plasticizers (kilotons)
5.24.1 Propionic Acid market: South America others (US$ billion)
5.24.2 Propionic Acid market: South America others (kilotons)
5.25.1 Propionic Acid market: Middle East and Africa cellulose acetate propionate (US$ billion)
5.25.2 Propionic Acid market: Middle East and Africa cellulose acetate propionate (kilotons)
5.26.1 Propionic Acid market: Middle East and Africa herbicides (US$ billion)
5.26.2 Propionic Acid market: Middle East and Africa herbicides (kilotons)
5.27.1 Propionic Acid market: Middle East and Africa animal feed and food preservatives (US$ billion)
5.27.2 Propionic Acid market: Middle East and Africa animal feed and food preservatives (kilotons)
5.28.1 Propionic Acid market: Middle East and Africa calcium, ammonium, and sodium salts (US$ billion)
5.28.2 Propionic Acid market: Middle East and Africa calcium, ammonium, and sodium salts (kilotons)
5.29.1 Propionic Acid market: Middle East and Africa plasticizers (US$ billion)
5.29.2 Propionic Acid market: Middle East and Africa plasticizers (kilotons)
5.30.1 Propionic Acid market: Middle East and Africa others (US$ billion)
5.30.2 Propionic Acid market: Middle East and Africa others (kilotons)
Chapter-6: Key Markets Analysis
6.1 Propionic Acid key market size composition
6.1.1 Market overview, 2015-2026 (US$ billion)
6.1.2 Market overview, 2015-2026 (kilotons)
6.2.1 Propionic Acid market: US, North America (US$ billion)
6.2.2 Propionic Acid market: US, North America (kilotons)
6.3.1 Propionic Acid market: Canada, North America (US$ billion)
6.3.2 Propionic Acid market: Canada, North America (kilotons)
6.4.1 Propionic Acid market: Mexico, North America (US$ billion)
6.4.2 Propionic Acid market: Mexico, North America (kilotons)
6.5.1 Propionic Acid market: Germany, Europe (US$ billion)
6.5.2 Propionic Acid market: Germany, Europe (kilotons)
6.6.1 Propionic Acid market: Italy, Europe (US$ billion)
6.6.2 Propionic Acid market: Italy, Europe (kilotons)
6.7.1 Propionic Acid market: France, Europe (US$ billion)
6.7.2 Propionic Acid market: France, Europe (kilotons)
6.8.1 Propionic Acid market: China, APAC (US$ billion)
6.8.2 Propionic Acid market: China, APAC (kilotons)
6.9.1 Propionic Acid market: India, APAC (US$ billion)
6.9.2 Propionic Acid market: India, APAC (kilotons)
6.10.1 Propionic Acid market: Japan, APAC (US$ billion)
6.10.2 Propionic Acid market: Japan, APAC (kilotons)
6.11.1 Propionic Acid market: Brazil, South America (US$ billion)
6.11.2 Propionic Acid market: Brazil, South America (kilotons)
6.12.1 Propionic Acid market: Argentina, South America (US$ billion)
6.12.2 Propionic Acid market: Argentina, South America (kilotons)
6.13.1 Propionic Acid market: Colombia, South America (US$ billion)
6.13.2 Propionic Acid market: Colombia, South America (kilotons)
6.14.1 Propionic Acid market: South Africa, Middle East and Africa (US$ billion)
6.14.2 Propionic Acid market: South Africa, Middle East and Africa (kilotons)
6.15.1 Propionic Acid market: UAE, Middle East and Africa (US$ billion)
6.15.2 Propionic Acid market: UAE, Middle East and Africa (kilotons)
6.16.1 Propionic Acid market: Saudi Arabia, Middle East and Africa (US$ billion)
6.16.2 Propionic Acid market: Saudi Arabia, Middle East and Africa (kilotons)
Chapter-7: Company Profile
7.1 The Dow Chemical Company
7.2 BASF SE
7.3 Celanese Corporation
7.4 Perstorp
7.5 OXEA GmbH
7.6 Eastman Chemical
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 segment during 2015-2026 in kilotons
Table 3: By value: Propionic Acid Market by region during 2015-2026 in US$ billion
Table 4: By volume: Propionic Acid Market by region during 2015-2026 in
kilotons
Table 5: By Value: key Propionic Acid markets in US$ billion
Table 6: By Volume: key Propionic Acid markets in kilotons
List of Figures
Figure 1: By value: Propionic Acid market segment share during 2015-2026 in %
Figure 2: By volume: Propionic Acid market segment share during 2015-2026 in %
Figure 3: By value: Share of animal feed and food preservatives in Propionic Acid market during 2015-2026 in %
Figure 4: By value: animal feed and food preservatives in Propionic Acid market during 2015-2026 in US$ billion
Figure 5: By volume: Share of animal feed and food preservatives market during 2015-2026 in %
Figure 6: By volume: animal feed and food preservatives market during 2015-2026 in kilotons
Figure 7: By value: Share of herbicides market during 2015-2026 in %
Figure 8: By value: herbicides market during 2015-2026 in US$ billion
Figure 9: By volume: Share of herbicides market during 2015-2026 in %
Figure 10: By volume: herbicides market during 2015-2026
in kilotons
Figure 11: By value: Share of cellulose acetate propionate market during 2015-2026 in %
Figure 12: By value: cellulose acetate propionate market during 2015-2026 in US$ billion
Figure 13: By volume: Share of cellulose acetate propionate market during 2015-2026 in %
Figure 14: By volume: cellulose acetate propionate market during 2015-2026 in kilotons
Figure 15: By value: Share of calcium, ammonium, and sodium salts market during 2015-2026 in %
Figure 16: By value: calcium, ammonium, and sodium salts market during 2015-2026 in US$ billion
Figure 17: By volume: Share of calcium, ammonium, and sodium salts market during 2015-2026 in %
Figure 18: By volume: calcium, ammonium, and sodium salts market during 2015-2026 in kilotons
Figure 19: By value: Share of plasticizers market during 2015-2026 in %
Figure 20: By value: plasticizers market during 2015-2026 in US$ billion
Figure 21: By volume: Share of plasticizers market during 2015-2026
in %
Figure 22: By volume: plasticizers market during 2015-2026
in kilotons
Figure 23: By value: others market during 2015-2026 in US$ billion
Figure 24: By value: Share of others market during 2015-2026 in %
Figure 25: By volume: others market during 2015-2026 in kilotons
Figure 26: By volume: others market during 2015-2026 in kilotons
Figure 27: By Value: key Propionic Acid regional markets in US$ billion
Figure 28: By Volume: key Propionic Acid regional markets in kilotons
Figure 29: By value: Propionic Acid market region share during 2015-2026 in %
Figure 30: By volume: Propionic Acid market region share during 2015-2026 in %
Figure 31: By value: Share of APAC market during 2015-2026 in %
Figure 32: By value: APAC market during 2015-2026 in US$ billion
Figure 33: By volume: Share of APAC market during 2015-2026 in %
Figure 34: By volume: APAC market during 2015-2026 in kilotons
Figure 35: By value: Share of North America market during 2015-2026 in %
Figure 36: By value: North America market during 2015-2026 in US$ billion
Figure 37: By volume: Share of North America market during 2015-2026 in %
Figure 38: By volume: North America market during 2015-2026 in kilotons
Figure 39: By value: Share of Europe market during 2015-2026 in
Figure 40: By value: Europe market during 2015-2026 in US$ billion
Figure 41: By volume: Share of Europe market during 2015-2026 in %
Figure 42: By volume: Europe market during 2015-2026 in kilotons
Figure 43: By value: Share of South America market during 2015-2026 in %
Figure 44: By value: South America market during 2015-2026 in US$ billion
Figure 45: By volume: Share of South America market during 2015-2026 in %
Figure 46: By volume: South America market during 2015-2026 in kilotons
Figure 47: By value: Share of Middle East and Africa market during 2015-2026 in %
Figure 48: By value: Middle East and Africa market during 2015-2026 in US$ billion
Figure 49: By volume: Share of Middle East and Africa market during
2015-2026 in %
Figure 50: By volume: Middle East and Africa market during 2015-2026
in kilotons
Figure 51: By value: Share of APAC herbicides market during 2015-2026 in %
Figure 52: By value: APAC herbicides market during 2015-2026 in US$ billion
Figure 53: By volume: Share of APAC herbicides market during 2015-2026 in %
Figure 54: By volume: APAC herbicides market during 2015-2026 in kilotons
Figure 55: By value: Share of APAC cellulose acetate propionate market during
2015-2026 in %
Figure 56: By value: APAC cellulose acetate propionate market during 2015-2026 in US$ billion
Figure 57: By volume: Share of APAC cellulose acetate propionate market during
2015-2026 in %
Figure 58: By volume: APAC cellulose acetate propionate market during 2015-2026
in kilotons
Figure 59: By value: Share of APAC animal feed and food preservatives market during 2015-2026 in %
Figure 60: By value: APAC animal feed and food preservatives market during 2015-2026 in US$ billion
Figure 61: By volume: Share of APAC animal feed and food preservatives market during 2015-2026 in %
Figure 62: By volume: APAC animal feed and food preservatives market during 2015-2026 in kilotons
Figure 63: By value: Share of APAC calcium, ammonium, and sodium salts market during 2015-2026 in %
Figure 64: By value: APAC calcium, ammonium, and sodium salts market during 2015-2026 in US$ billion
Figure 65: By volume: Share of APAC calcium, ammonium, and sodium salts market during 2015-2026 in %
Figure 66: By volume: APAC calcium, ammonium, and sodium salts market during 2015-2026 in kilotons
Figure 67: By value: Share of APAC plasticizers market during
2015-2026 in %
Figure 68: By value: APAC plasticizers market during 2015-2026
in US$ billion
Figure 69: By volume: Share of APAC plasticizers market during
2015-2026 in %
Figure 70: By volume: APAC plasticizers market during 2015-2026 in kilotons
Figure 71: By value: Share of APAC others market during 2015-2026 in %
Figure 72: By value: APAC others market during 2015-2026 in US$ billion
Figure 73: By volume: Share of APAC others market during 2015-2026 in %
Figure 74: By volume: APAC others market during 2015-2026 in kilotons
Figure 75: By value: Share of North America cellulose acetate propionate market during
2015-2026 in %
Figure 76: By value: North America cellulose acetate propionate market during 2015-2026
in US$ billion
Figure 77: By volume: Share of North America cellulose acetate propionate market during
2015-2026 in %
Figure 78: By volume: North America cellulose acetate propionate market during 2015-2026 in
kilotons
Figure 79: By value: Share of North America herbicides
market during 2015-2026 in %
Figure 80: By value: North America herbicides market during
2015-2026 in US$ billion
Figure 81: By volume: Share of North America herbicides
market during 2015-2026 in %
Figure 82: By volume: North America herbicides market
during 2015-2026 in kilotons
Figure 83: By value: Share of North America animal feed and food preservatives market
during 2015-2026 in %
Figure 84: By value: North America animal feed and food preservatives market during 2015-2026
in US$ billion
Figure 85: By volume: Share of North America animal feed and food preservatives market during
2015-2026 in %
Figure 86: By volume: North America animal feed and food preservatives market during 2015-2026
in kilotons
Figure 87: By value: Share of North America calcium, ammonium, and sodium salts market during
2015-2026 in %
Figure 88: By value: North America calcium, ammonium, and sodium salts market during 2015-2026
in US$ billion
Figure 89: By volume: Share of North America calcium, ammonium, and sodium salts market during
2015-2026 in %
Figure 90: By volume: North America calcium, ammonium, and sodium salts market during 2015-2026
in kilotons
Figure 91: By value: North America plasticizers market during
2015-2026 in %
Figure 92: By value: North America plasticizers market during
2015-2026 in US$ billion
Figure 93: By volume: Share of North America plasticizers
market during 2015-2026 in %
Figure 94: By volume: North America plasticizers market during
2015-2026 in kilotons
Figure 95: By value: North America others market during 2015-2026 in %
Figure 96: By value: North America others market during 2015-2026
in US$ billion
Figure 97: By volume: Share of North America others market during
2015-2026 in %
Figure 98: By volume: North America others market during 2015-2026
in kilotons
Figure 99: By value: Share of Europe cellulose acetate propionate market during 2015-2026 in %
Figure 100: By value: Europe cellulose acetate propionate market during 2015-2026 in US$ billion
Figure 101: By volume: Share of Europe cellulose acetate propionate market during 2015-2026 in %
Figure 102: By volume: Europe cellulose acetate propionate market during 2015-2026 in kilotons
Figure 103: By value: Share of Europe herbicides market during
2015-2026 in %
Figure 104: By value: Europe herbicides market during 2015-2026
in US$ billion
Figure 105: By volume: Share of Europe herbicides market
during 2015-2026 in %
Figure 106: By volume: Europe herbicides market during
2015-2026 in kilotons
Figure 107: By value: Share of Europe animal feed and food preservatives market during
2015-2026 in %
Figure 108: By value: Europe animal feed and food preservatives market during 2015-2026
in US$ billion
Figure 109: By volume: Share of Europe animal feed and food preservatives market during
2015-2026 in %
Figure 110: By volume: Europe animal feed and food preservatives market during 2015-2026
in kilotons
Figure 111: By value: Share of Europe calcium, ammonium, and sodium salts market during
2015-2026 in %
Figure 112: By value: Europe calcium, ammonium, and sodium salts market during 2015-2026
in US$ billion
Figure 113: By volume: Share of Europe calcium, ammonium, and sodium salts market during
2015-2026 in %
Figure 114: By volume: Europe calcium, ammonium, and sodium salts market during 2015-2026
in kilotons
Figure 115: By value: Share of Europe plasticizers market
during 2015-2026 in %
Figure 116: By value: Europe plasticizers market during 2015-2026
in US$ billion
Figure 117: By volume: Share of Europe plasticizers market
during 2015-2026 in %
Figure 118: By volume: Europe plasticizers market during
2015-2026 in kilotons
Figure 119: By value: Share of Europe others market during 2015-2026 in %
Figure 120: By value: Europe others market during 2015-2026 in US$ billion
Figure 121: By volume: Share of Europe others market during 2015-2026 in %
Figure 122: By volume: Europe others market during 2015-2026 in kilotons
Figure 123: By value: Share of South America cellulose acetate propionate market during
2015-2026 in %
Figure 124: By value: South America cellulose acetate propionate market during 2015-2026
in US$ billion
Figure 125: By volume: Share of South America cellulose acetate propionate market during
2015-2026 in %
Figure 126: By volume: South America cellulose acetate propionate market during 2015-2026
in kilotons
Figure 127: By value: Share of South America herbicides
market during 2015-2026 in %
Figure 128: By value: South America herbicides market
during 2015-2026 in US$ billion
Figure 129: By volume: Share of South America herbicides
market during 2015-2026 in %
Figure 130: By volume: South America herbicides market
during 2015-2026 in kilotons
Figure 131: By value: Share of South America animal feed and food preservatives market
during 2015-2026 in %
Figure 132: By value: Share of South America animal feed and food preservatives market
during 2015-2026 in kilotons
Figure 133: By volume: Share of South America animal feed and food preservatives market
during 2015-2026 in %
Figure 134: By volume: South America animal feed and food preservatives market during
2015-2026 in kilotons
Figure 135: By value: Share of South America calcium, ammonium, and sodium salts market
during 2015-2026 in %
Figure 136: By value: South America calcium, ammonium, and sodium salts market during 2015-2026
in US$ billion
Figure 137: By volume: Share of South America calcium, ammonium, and sodium salts market
during 2015-2026 in %
Figure 138: By volume: South America calcium, ammonium, and sodium salts market during
2015-2026 in kilotons
Figure 139: By value: Share of South America plasticizers
market during 2015-2026 in %
Figure 140: By value: South America plasticizers market during
2015-2026 in US$ billion
Figure 141: By volume: Share of South America plasticizers
market during 2015-2026 in %
Figure 142: By volume: South America plasticizers market
during 2015-2026 in kilotons
Figure 143: By value: Share of South America others market during
2015-2026 in %
Figure 144: By value: South America others market during 2015-2026
in US$ billion
Figure 145: By volume: Share of South America others market during 2015-2026
in %
Figure 146: By volume: South America others market during 2015-2026
in kilotons
Figure 147: By value: Share of Middle East and Africa cellulose acetate propionate market during
2015-2026 in %
Figure 148: By value: Middle East and Africa cellulose acetate propionate market during 2015-2026
in US$ billion
Figure 149: By volume: Share of Middle East and Africa cellulose acetate propionate market during
2015-2026 in %
Figure 150: By volume: Middle East and Africa cellulose acetate propionate market during
2015-2026 in kilotons
Figure 151: By value: Share of Middle East and Africa herbicides
market during 2015-2026 in %
Figure 152: By value: Middle East and Africa herbicides market
during 2015-2026 in US$ billion
Figure 153: By volume: Share of Middle East and Africa herbicides
market during 2015-2026 in %
Figure 154: By volume: Middle East and Africa herbicides market
during 2015-2026 in kilotons
Figure 155: By value: Share of Middle East and Africa animal feed and food preservatives market
during 2015-2026 in %
Figure 156: By value: Middle East and Africa animal feed and food preservatives market during
2015-2026 in kilotons
Figure 157: By volume: Share of Middle East and Africa animal feed and food preservatives
market during 2015-2026 in %
Figure 158: By volume: Middle East and Africa animal feed and food preservatives market during
2015-2026 in kilotons
Figure 159: By value: Share of Middle East and Africa calcium, ammonium, and sodium salts market
during 2015-2026 in %
Figure 160: By value: Middle East and Africa calcium, ammonium, and sodium salts market during
2015-2026 in US$ billion
Figure 161: By volume: Share of Middle East and Africa calcium, ammonium, and sodium salts
market during 2015-2026 in %
Figure 162: By volume: Middle East and Africa calcium, ammonium, and sodium salts market during
2015-2026 in kilotons
Figure 163: By value: Share of Middle East and Africa plasticizers
market during 2015-2026 in %
Figure 164: By value: Middle East and Africa plasticizers market
during 2015-2026 in US$ billion
Figure 165: By volume: Share of Middle East and Africa plasticizers
market during 2015-2026 in %
Figure 166: By volume: Middle East and Africa plasticizers market
during 2015-2026 in kilotons
Figure 167: By value: Share of Middle East and Africa others market during
2015-2026 in %
Figure 168: By value: Middle East and Africa others market during 2015-2026
in US$ billion
Figure 169: By volume: Share of Middle East and Africa others market during
2015-2026 in %
Figure 170: By volume: Middle East and Africa others market during
2015-2026 in kilotons
Figure 171: By Value: key Propionic Acid regional markets in US$ billion
Figure 172: By Value: key Propionic Acid regional markets in kilotons
Figure 173: By value: Share of US market during 2015-2026 in %
Figure 174: By value: US market during 2015-2026 in US$ billion
Figure 175: By volume: Share of US market during 2015-2026 in %
Figure 176: By volume: US market during 2015-2026 in kilotons
Figure 177: By value: Share of Canada market during 2015-2026 in %
Figure 178: By value: Canada market during 2015-2026 in US$ billion
Figure 179: By volume: Share of Canada market during 2015-2026 in %
Figure 180: By volume: Canada market during 2015-2026 in kilotons
Figure 181: By value: Share of Mexico market during 2015-2026 in %
Figure 182: By value: Mexico market during 2015-2026 in US$ billion
Figure 183: By volume: Share of Mexico market during 2015-2026 in %
Figure 184: By volume: Mexico market during 2015-2026 in kilotons
Figure 185: By value: Share of Germany market during 2015-2026 in %
Figure 186: By value: Germany market during 2015-2026 in US$ billion
Figure 187: By volume: Share of Germany market during 2015-2026 in %
Figure 188: By volume: Germany market during 2015-2026 in kilotons
Figure 189: By value: Share of Italy market during 2015-2026 in %
Figure 190: By value: Italy market during 2015-2026 in US$ billion
Figure 191: By volume: Share of Italy market during 2015-2026 in %
Figure 192: By volume: Italy market during 2015-2026 in kilotons
Figure 193: By value: Share of France market during 2015-2026 in %
Figure 194: By value: France market during 2015-2026 in US$ billion
Figure 195: By volume: Share of France market during 2015-2026 in %
Figure 196: By volume: France market during 2015-2026 in kilotons
Figure 197: By value: Share of China market during 2015-2026 in %
Figure 198: By value: China market during 2015-2026 in US$ billion
Figure 199: By volume: Share of China market during 2015-2026 in %
Figure 200: By volume: China market during 2015-2026 in kilotons
Figure 201: By value: Share of India market during 2015-2026 in %
Figure 202: By value: India market during 2015-2026 in US$ billion
Figure 203: By volume: Share of India market during 2015-2026 in %
Figure 204: By volume: India market during 2015-2026 in kilotons
Figure 205: By value: Share of Japan market during 2015-2026 in %
Figure 206: By value: Japan market during 2015-2026 in US$ billion
Figure 207: By volume: Share of Japan market during 2015-2026 in %
Figure 208: By volume: Japan market during 2015-2026 in kilotons
Figure 209: By value: Share of Brazil market during 2015-2026 in %
Figure 210: By value: Brazil market during 2015-2026 in US$ billion
Figure 211: By volume: Share of Brazil market during 2015-2026 in %
Figure 212: By volume: Brazil market during 2015-2026 in kilotons
Figure 213: By value: Share of Argentina market during 2015-2026 in %
Figure 214: By value: Argentina market during 2015-2026 in US$ billion
Figure 215: By volume: Share of Argentina market during 2015-2026 in %
Figure 216: By volume: Argentina market during 2015-2026 in kilotons
Figure 217: By value: Share of Colombia market during 2015-2026 in %
Figure 218: By value: Colombia market during 2015-2026 in US$ billion
Figure 219: By volume: Share of Colombia market during 2015-2026 in %
Figure 220: By volume: Colombia market during 2015-2026 in kilotons
Figure 221: By value: Share of South Africa market during 2015-2026 in %
Figure 222: By value: South Africa market during 2015-2026 in US$ billion
Figure 223: By volume: Share of South Africa market during 2015-2026 in %
Figure 224: By volume: South Africa market during 2015-2026 in kilotons
Figure 225: By value: Share of UAE market during 2015-2026 in %
Figure 226: By value: UAE market during 2015-2026 in US$ billion
Figure 227: By volume: Share of UAE market during 2015-2026 in %
Figure 228: By volume: UAE market during 2015-2026 in kilotons
Figure 229: By value: Share of Saudi Arabia market during 2015-2026 in %
Figure 230: By value: Saudi Arabia market during 2015-2026 in US$ billion
Figure 231: By volume: Share of Saudi Arabia market during 2015-2026 in %
Figure 232: By volume: Saudi Arabia market during 2015-2026 in kilotons
Figure 233: The Dow Chemical Company
Figure 234: BASF SE
Figure 235: Celanese Corporation
Figure 236: Perstorp
Figure 237: OXEA GmbH
Figure 238: Eastman Chemical
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 | 2018-2029 |
| Historical Period | 2018-2021 |
| Forecast Period | 2022-2029 |
| Units considered | Volume in kilotons, revenue in US$ million/billion |
| Report Coverage | Value/Revenue forecast, competitive landscape, drivers, challenges, opportunities, and trends |
| COVID-19 | Impact of the COVID-19 pandemic has been factored in the revenue estimations, trends, and drivers |
| Segments | By Application By Region |
| Regions included in the study | Asia Pacific (APAC), North America, Europe, Middle East and Africa, South America |
| Companies Profiled | Eastman Chemical Company, The Dow Chemical Company, BASF SE, Celanese Corporation, Perstorp, OXEA GmbH, Hawkins Inc., Impextraco NV, Macco Organiques Inc., OQ Chemicals GmbH |