Propionic Acid Market 2027 By Application, End Use Industry and Geography | The Insight Partners

Propionic Acid Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Application (Herbicides, Rubber Products, Plasticizers, Food Preservatives, Others); End Use Industry (Pharmaceuticals, Personal Care, Food and Beverage, Agriculture, Others) and Geography

Report Code: TIPRE00009617 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming
Covid
MARKET INTRODUCTION

Propionic acid is a colorless organic acid fluid manufactured using a fermentation process. Propionic acid helps the growth of various molds. It also holds antibacterial properties. Moreover, it is a natural preservative and is used in baked and cheese goods such as bread and tortillas for preservation to increase their shelf life. Propionic acid are also used in the packaging of numerous ready-to-eat food with the objective of increasing shelf life and preservation. Aforesaid uses of propionic acid in the food & beverage industry is fueling the market growth to a greater extent.

MARKET DYNAMICS

Propionic acid is known for natural preservatives and can be used as an ingredient in numerous foodstuff products while processing. Though, if not used carefully, this fluid may cause severe burns and pain if it gets into an individual's eyes, which can lead to severe irritation and possibly blindness. Hence, these factors are anticipated to hamper the market growth. Propionic acid is a bactericide and fungicide, well-known for controlling bacteria and fungi in stored hay, grains, grain storage areas, drinking water for livestock and poultry, and poultry litter. The esters of acid are used as artificial flavorings or solvents replacing the chemical ones.

MARKET SCOPE

The "Global Propionic Acid Market Analysis to 2027" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the propionic acid with detailed market segmentation by application and end use industry. The global propionic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading propionic acid market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global propionic acid market is segmented on the basis of application into herbicides, rubber products, plasticizers, food preservatives, and others. On the basis of end use industry the propionic acid market is segmented into pharmaceuticals, personal care, food & beverage, agriculture, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global propionic acid market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The propionic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the propionic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the propionic acid market in these regions.



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MARKET PLAYERS


The reports cover key developments in the propionic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from propionic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for propionic acid in the global market. Below mentioned is the list of few companies engaged in the propionic acid market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the propionic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- BASF SE
- Dow Inc.
- Eastman Chemical Company
- Perstorp Holding AB
- Hawkins, Inc.
- CORBION N.V.
- Otto Chemie Pvt. Ltd.
- Merck KGaA
- Oman Oil Company SAOC.
- Celanese Corporation

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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Propionic Acid Market - By Application
1.3.2 Propionic Acid Market - By End Use Industry
1.3.3 Propionic Acid Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PROPIONIC ACID MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. PROPIONIC ACID MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. PROPIONIC ACID MARKET - GLOBAL MARKET ANALYSIS
6.1. PROPIONIC ACID - GLOBAL MARKET OVERVIEW
6.2. PROPIONIC ACID - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. PROPIONIC ACID MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. HERBICIDES
7.3.1. Overview
7.3.2. Herbicides Market Forecast and Analysis
7.4. RUBBER PRODUCTS
7.4.1. Overview
7.4.2. Rubber Products Market Forecast and Analysis
7.5. PLASTICIZERS
7.5.1. Overview
7.5.2. Plasticizers Market Forecast and Analysis
7.6. FOOD PRESERVATIVES
7.6.1. Overview
7.6.2. Food Preservatives Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. PROPIONIC ACID MARKET - REVENUE AND FORECASTS TO 2027 - END USE INDUSTRY
8.1. OVERVIEW
8.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. PHARMACEUTICALS
8.3.1. Overview
8.3.2. Pharmaceuticals Market Forecast and Analysis
8.4. PERSONAL CARE
8.4.1. Overview
8.4.2. Personal Care Market Forecast and Analysis
8.5. FOOD AND BEVERAGE
8.5.1. Overview
8.5.2. Food and Beverage Market Forecast and Analysis
8.6. AGRICULTURE
8.6.1. Overview
8.6.2. Agriculture Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis

9. PROPIONIC ACID MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Propionic Acid Market Overview
9.1.2 North America Propionic Acid Market Forecasts and Analysis
9.1.3 North America Propionic Acid Market Forecasts and Analysis - By Application
9.1.4 North America Propionic Acid Market Forecasts and Analysis - By End Use Industry
9.1.5 North America Propionic Acid Market Forecasts and Analysis - By Countries
9.1.5.1 United States Propionic Acid Market
9.1.5.1.1 United States Propionic Acid Market by Application
9.1.5.1.2 United States Propionic Acid Market by End Use Industry
9.1.5.2 Canada Propionic Acid Market
9.1.5.2.1 Canada Propionic Acid Market by Application
9.1.5.2.2 Canada Propionic Acid Market by End Use Industry
9.1.5.3 Mexico Propionic Acid Market
9.1.5.3.1 Mexico Propionic Acid Market by Application
9.1.5.3.2 Mexico Propionic Acid Market by End Use Industry
9.2. EUROPE
9.2.1 Europe Propionic Acid Market Overview
9.2.2 Europe Propionic Acid Market Forecasts and Analysis
9.2.3 Europe Propionic Acid Market Forecasts and Analysis - By Application
9.2.4 Europe Propionic Acid Market Forecasts and Analysis - By End Use Industry
9.2.5 Europe Propionic Acid Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Propionic Acid Market
9.2.5.1.1 Germany Propionic Acid Market by Application
9.2.5.1.2 Germany Propionic Acid Market by End Use Industry
9.2.5.2 France Propionic Acid Market
9.2.5.2.1 France Propionic Acid Market by Application
9.2.5.2.2 France Propionic Acid Market by End Use Industry
9.2.5.3 Italy Propionic Acid Market
9.2.5.3.1 Italy Propionic Acid Market by Application
9.2.5.3.2 Italy Propionic Acid Market by End Use Industry
9.2.5.4 Spain Propionic Acid Market
9.2.5.4.1 Spain Propionic Acid Market by Application
9.2.5.4.2 Spain Propionic Acid Market by End Use Industry
9.2.5.5 United Kingdom Propionic Acid Market
9.2.5.5.1 United Kingdom Propionic Acid Market by Application
9.2.5.5.2 United Kingdom Propionic Acid Market by End Use Industry
9.2.5.6 Russia Propionic Acid Market
9.2.5.6.1 Russia Propionic Acid Market by Application
9.2.5.6.2 Russia Propionic Acid Market by End Use Industry
9.2.5.7 Rest of Europe Propionic Acid Market
9.2.5.7.1 Rest of Europe Propionic Acid Market by Application
9.2.5.7.2 Rest of Europe Propionic Acid Market by End Use Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Propionic Acid Market Overview
9.3.2 Asia-Pacific Propionic Acid Market Forecasts and Analysis
9.3.3 Asia-Pacific Propionic Acid Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Propionic Acid Market Forecasts and Analysis - By End Use Industry
9.3.5 Asia-Pacific Propionic Acid Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Propionic Acid Market
9.3.5.1.1 Australia Propionic Acid Market by Application
9.3.5.1.2 Australia Propionic Acid Market by End Use Industry
9.3.5.2 China Propionic Acid Market
9.3.5.2.1 China Propionic Acid Market by Application
9.3.5.2.2 China Propionic Acid Market by End Use Industry
9.3.5.3 India Propionic Acid Market
9.3.5.3.1 India Propionic Acid Market by Application
9.3.5.3.2 India Propionic Acid Market by End Use Industry
9.3.5.4 Japan Propionic Acid Market
9.3.5.4.1 Japan Propionic Acid Market by Application
9.3.5.4.2 Japan Propionic Acid Market by End Use Industry
9.3.5.5 South Korea Propionic Acid Market
9.3.5.5.1 South Korea Propionic Acid Market by Application
9.3.5.5.2 South Korea Propionic Acid Market by End Use Industry
9.3.5.6 Rest of Asia-Pacific Propionic Acid Market
9.3.5.6.1 Rest of Asia-Pacific Propionic Acid Market by Application
9.3.5.6.2 Rest of Asia-Pacific Propionic Acid Market by End Use Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Propionic Acid Market Overview
9.4.2 Middle East and Africa Propionic Acid Market Forecasts and Analysis
9.4.3 Middle East and Africa Propionic Acid Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Propionic Acid Market Forecasts and Analysis - By End Use Industry
9.4.5 Middle East and Africa Propionic Acid Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Propionic Acid Market
9.4.5.1.1 South Africa Propionic Acid Market by Application
9.4.5.1.2 South Africa Propionic Acid Market by End Use Industry
9.4.5.2 Saudi Arabia Propionic Acid Market
9.4.5.2.1 Saudi Arabia Propionic Acid Market by Application
9.4.5.2.2 Saudi Arabia Propionic Acid Market by End Use Industry
9.4.5.3 U.A.E Propionic Acid Market
9.4.5.3.1 U.A.E Propionic Acid Market by Application
9.4.5.3.2 U.A.E Propionic Acid Market by End Use Industry
9.4.5.4 Iran Propionic Acid Market
9.4.5.4.1 Iran Propionic Acid Market by Application
9.4.5.4.2 Iran Propionic Acid Market by End Use Industry
9.4.5.5 Rest of Middle East and Africa Propionic Acid Market
9.4.5.5.1 Rest of Middle East and Africa Propionic Acid Market by Application
9.4.5.5.2 Rest of Middle East and Africa Propionic Acid Market by End Use Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Propionic Acid Market Overview
9.5.2 South and Central America Propionic Acid Market Forecasts and Analysis
9.5.3 South and Central America Propionic Acid Market Forecasts and Analysis - By Application
9.5.4 South and Central America Propionic Acid Market Forecasts and Analysis - By End Use Industry
9.5.5 South and Central America Propionic Acid Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Propionic Acid Market
9.5.5.1.1 Brazil Propionic Acid Market by Application
9.5.5.1.2 Brazil Propionic Acid Market by End Use Industry
9.5.5.2 Argentina Propionic Acid Market
9.5.5.2.1 Argentina Propionic Acid Market by Application
9.5.5.2.2 Argentina Propionic Acid Market by End Use Industry
9.5.5.3 Chile Propionic Acid Market
9.5.5.3.1 Chile Propionic Acid Market by Application
9.5.5.3.2 Chile Propionic Acid Market by End Use Industry
9.5.5.4 Rest of South and Central America Propionic Acid Market
9.5.5.4.1 Rest of South and Central America Propionic Acid Market by Application
9.5.5.4.2 Rest of South and Central America Propionic Acid Market by End Use Industry

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. PROPIONIC ACID MARKET, KEY COMPANY PROFILES
11.1. BASF SE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DOW INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EASTMAN CHEMICAL COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. PERSTORP HOLDING AB
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HAWKINS, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. CORBION N.V.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. OTTO CHEMIE PVT. LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MERCK KGAA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. OMAN OIL COMPANY SAOC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. CELANESE CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. BASF SE
2. Dow Inc.
3. Eastman Chemical Company
4. Perstorp Holding AB
5. Hawkins, Inc.
6. CORBION N.V.
7. Otto Chemie Pvt. Ltd.
8. Merck KGaA
9. Oman Oil Company SAOC.
10. Celanese Corporation
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