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Propionic Acid Market was valued at USD 908.0 million in 2012 and is expected to reach USD 1,540.5 million by 2019, growing at a CAGR of 7.7% over the forecast period from 2013 to 2019.

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Propionic Acid in Grain Preservation and Animal Feed: Market Assessment Study by 2019, TMR


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Transparency Market

Research

PROPIONIC ACID MARKET -GLOBAL INDUSTRY ANALYSIS,SIZE,SHARE,

GROWTH,TRENDS AND FORECAST 2013-2019

Published Date

12-May-2014

73 Page Report

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Press Release

Growing Demand for Propionic Acid from Grain Preservation and Animal Feed: Market

Opportunity Assessment Study by 2019, TMR

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Propionic Acid Market

REPORT DESCRIPTION

PropionicAcid Market (Application - Animal Feed and GrainPreservatives,

Calcium and Sodium Propionates, Cellulose Acetate Propionate and

Herbicides) - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast, 2013 - 2019

The propionic acid market has been growing at a progressive rate with the rising number of

applications across the globe. The increasing research and development activities in this field is likely

to accelerate the growth of the overall market in the next few years. The rising applications of

propionic acid in the pharmaceutical industry is anticipated to generate promising opportunities in the

near future. Key players in the market are focusing on the expansion of product portfolio and

innovations, which will supplement the market’s growth in the next few years.

According to the research study, in 2012, the global propionic acid market was worth US$908.0 mn

and is likely to reach a value of US$1,540.5 mn by the end of 2019. The market is predicted to

register a healthy 7.70% CAGR between 2013 and 2019.

Request for Sample of This Report:

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Expansion of Application Base to Encourage Growth of Global Market

The growing demand for propionic acid from grain preservation and animal feed is one of the primary

factors predicted to encourage the growth of the global market throughout the forecast period. In

addition, the untapped opportunities in emerging economies are expected to accelerate the growth of

the overall market in the coming few years. On the other hand, environmental impact of propionic acid

and the health hazards related to the use of propionic acid are anticipated to restrict the growth of the

overall market in the next few years. Nonetheless, the rising number of players in the global propionic

acid market is anticipated to contribute extensively towards the development in the forecast period.

In terms of application, in 2012, the animal feed and grain preservatives segment led the global

propionic acid market and accounted for a share of 52.5%. This segment is expected to remain in the

leading position throughout the forecast period, thanks to the significant rise in the livestock farming.

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Propionic Acid Market

The calcium and sodium propionates segment is expected to hold the second position in the market,

further followed by cellulose acetate propionate. The rising number of application of propionic acid,

including food and beverages and pharmaceutical industries are anticipated to fuel the growth of the

market in the next few years.

Browse Full Market Research Report TOC:

http://www.transparencymarketresearch.com/propionic-acid-market.html

Rising Demand for Food to Augment Propionic Acid Market in Asia Pacific

From a geographical viewpoint, the global propionic acid market can be categorized into Asia Pacific,

North America, Europe, and the Rest of the World. In 2012, Europe led and accounted for a share of

39.9% of the global propionic acid market. This region is expected to register a steady 2.10% CAGR

between 2013 and 2019. The high growth of this region can be attributed to the ban imposed on

antibiotic which has further likely to drive the demand for propionic acid in the next few years. Europe

is expected to be followed by North America in the coming years.

Furthermore, Asia Pacific is expected to witness robust growth throughout the forecast period. The

rising population and the growing demand for food and feed are some of the primary factors expected

to augment propionic acid market in the coming years. In addition, the high contribution from India

and China is estimated to accelerate the growth of the overall market. As per the research study, the

rest of the world segment is expected to grow at a steady pace throughout the forecast period.

The global propionic acid market is extremely concentrated in nature with a few players holding a key

share of the market. Some of the prominent players operating in the global market are Celanese

Corporation, The Dow Chemical Company, Biomin Holdings GmbH, A.M Food Chemical Co. Ltd.,

Daicel Corporation, Prathista Industries Ltd., BASF SE, and Perstorp Holdings GmbH.

Browse The Press Release For Report:

http://www.transparencymarketresearch.com/pressrelease/propionic-acid-

market.htm

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Propionic Acid Market

TABLE OF CONTENT

Chapter 1 Preface

1.1 Report description

1.2 Market segmentation

1.3 Research Scope and Assumptions

1.4 Research methodology

Chapter 2 Executive Summary

2.1 Global propionic acid market estimates and forecast, 2012–2019 (Kilo tons) (USD Million)

2.2 Global propionic acid market snapshot 2012 - 2019

Chapter 3 Propionic Acid: Global Industry Analysis

3.1 Introduction

3.2 Value chain analysis

3.3 Market Drivers

3.3.1 Increasing demand from animal feed and grain preservative

3.3.2 Potential market in developing economies

3.4 Restraints

3.4.1 Adverse effects of propionic acid

3.4.1.1 Environmental impact of propionic acid

3.4.1.2 Health hazards associated with propionic acid

3.5 Opportunities

3.5.1 Increasing demand from pharmaceutical industry

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Propionic Acid Market

3.5.2 Growing demand for Vitamin E

3.6 Porter’s five forces analysis

3.6.1 Bargaining power of suppliers

3.6.2 Bargaining power of buyers

3.6.3 Threat from substitutes

3.6.4 Threat of new entrants

3.6.5 Degree of competition

3.7 Global propionic acid market: Company Market share analysis (2012)

3.8 Global propionic acid market: Market attractiveness analysis

Chapter 4 Propionic Acid Market –Application Analysis

4.1 Global Propionic Acid Market: Application overview

4.1.1 Global propionic acid market volume share, by application, 2012 and 2019

4.2 Animal feed and grain preservatives

4.2.1 Global propionic acid market for animal feed and grain preservatives, 2012–2019 (Kilo tons) (USD Million)

4.3 Calcium and sodium propionates

4.3.1 Global propionic acid market for calcium and sodium propionates, 2012–2019 (Kilo tons) (USD Million)

4.4 Cellulose acetate propionate (CAP)

4.4.1 Global propionic acid market for cellulose acetate propionate, 2012–2019 (Kilo tons) (USD Million)

4.5 Others (Herbicides, etc)

4.5.1 Global propionic acid market for others, 2012–2019 (Kilo tons) (USD Million)

Chapter 5 Propionic Acid Market: Regional Analysis

5.1 Global Propionic acid market: Regional overview

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Propionic Acid Market

5.1.1 Global propionic acid volume share by region, 2012–2019(Kilo tons)

5.2 North America

5.2.1 North America propionic acid market, 2012–2019(Kilo tons) (USD Million)

5.2.2 North America propionic acid market volume, 2012–2019 (Kilo tons), by application

5.2.3 North America propionic acid market revenue, 2012–2019 (USD Million), by application

5.3 Europe

5.3.1 Europe propionic acid market, 2012–2019 (Kilo tons) (USD Million)

5.3.2 Europe propionic acid market volume, 2012–2019 (Kilo tons), by applications

5.3.3 Europe propionic acid market revenue, 2012–2019 (USD Million), by application

5.4 Asia Pacific

5.4.1 Asia Pacific propionic acid market, 2012–2019(Kilo tons) (USD Million)

5.4.2 Asia Pacific propionic acid market volume, 2012–2019 (Kilo tons), by application

5.4.3 Asia Pacific propionic acid market revenue, 2012–2019 (USD Million), by application

5.5 Rest of the World (RoW)

5.5.1 RoW propionic acid market, 2012–2019(Kilo tons) (USD Million)

5.5.2 RoW propionic acid market volume, 2012–2019 (Kilo tons), by application

5.5.3 RoW propionic acid market revenue, 2012–2019 (USD Million), by application

Chapter 6 Company Profiles

6.1 A.M Food Chemical Co., Ltd.

6.1.1 Company overview

6.1.2 Business strategy

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Propionic Acid Market

6.1.3 SWOT analysis

6.1.4 Recent developments

6.2 BASF SE

6.2.1 Company overview

6.2.2 Financial overview

6.2.3 Business strategies

6.2.4 SWOT analysis

6.2.5 Recent developments

6.3 Biomin Holding GmbH

6.3.1 Company overview

6.3.2 Business strategy

6.3.3 SWOT analysis

6.3.4 Recent developments

6.4 Celanese Corporation

6.4.1 Company overview

6.4.2 Financial overview

6.4.3 Business strategy

6.4.4 SWOT analysis

6.5 Daicel Corporation

6.5.1 Company overview

6.5.2 Financial overview

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Propionic Acid Market

6.5.3 Business strategy

6.5.4 SWOT analysis

6.6 Eastman Chemical Company

6.6.1 Company overview

6.6.2 Financial overview

6.6.3 Business strategy

6.6.4 SWOT analysis

6.6.5 Recent developments

6.7 Perstorp Holding AB

6.7.1 Company overview

6.7.2 Financial overview

6.7.3 Business strategy

6.7.4 SWOT analysis

6.7.5 Recent developments

6.8 Prathista Industries Ltd

6.8.1 Company overview

6.8.2 Business strategy

6.8.3 SWOT analysis

6.8.4 Recent developments

6.9 The Dow Chemical Company

6.9.1 Company overview

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Propionic Acid Market

6.9.2 Financial overview

6.9.3 Business strategy

6.9.4 SWOT analysis

6.9.5 Recent developments

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forecasting and trends analysis provides forward-looking insight for thousands of

decision makers.

We are privileged with highly experienced team of Analysts, Researchers and

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