Propionic Acid Global Market Report 2025

Propionic Acid Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on propionic acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

  • Description:

    Where is the largest and fastest growing market for propionic acid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The propionic acid market global report from the Business Research Company answers all these questions and many more.

    The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

  • Scope

    Markets Covered:1) By Product: Oxo Process; Reppe Process; By-product Process

    2) By Application: Herbicides; Rubber Products; Plasticizers; Food Preservatives; Other Applications

    3) By End-User Industry: Pharmaceuticals; Personal Care; Food And Beverage; Agriculture; Other End-User Industries

    Subsegments:

    1) By Oxo Process: Propionic Acid From Propionaldehyde; Catalytic Hydrogenation Of Acetaldehyde; Use Of Carbon Monoxide And Hydrogen In Production

    2) By Reppe Process: Acetylene-Based Process For Propionic Acid; Production Of Propionic Acid Through Acetylene And Carbon Monoxide Reaction; Catalytic Reaction With Phosgene Derivatives

    3) By By-Product Process: Production Of Propionic Acid As A By-Product Of Acetone Manufacturing; By-Product Formation During The Production Of Acrylic Acid Or Acetate; Recovery Of Propionic Acid From Fermentation Or Other Processes

    Companies Mentioned: BASF SE; Merck KGaA; Dow Chemical Company; Thermo Fisher Scientific Inc.; Honeywell International Inc.; INEOS Group Holdings S.A.; Evonik Industries AG; Solvay S.A.; Arkema SA; Eastman Chemical Company; Celanese Corporation; Clariant AG; Sigma-Aldrich Corporation; Daicel Corporation; Novozymes A/S; OQ Chemicals GmbH; Corbion N.V.; Hawkins Inc.; Nacalai Tesque Inc.; Kishida Chemical Co. Ltd. ; Macco Organiques Inc.; Niacet Corporation; Gelest Inc.; Vigon International Inc.; Kanto Chemical Co. Inc.; Impextraco N.V.; Otto Chemie Pvt. Ltd.; Perstorp Holding AB; Jarchem Industries Inc.; TRInternational Inc.

    Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

    Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

    Time Series: Five years historic and ten years forecast.

    Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

    Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

    Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

    Delivery Format: PDF, Word and Excel Data Dashboard.

    Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


    1. Executive Summary
    2. Propionic Acid Market Characteristics
    3. Propionic Acid Market Trends And Strategies
    4. Propionic Acid Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
    4.1. Supply Chain Impact from Tariff War & Trade Protectionism
    5. Global Propionic Acid Growth Analysis And Strategic Analysis Framework
    5.1. Global Propionic Acid PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
    5.2. Analysis Of End Use Industries
    5.3. Global Propionic Acid Market Growth Rate Analysis
    5.4. Global Propionic Acid Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
    5.5. Global Propionic Acid Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
    5.6. Global Propionic Acid Total Addressable Market (TAM)
    6. Propionic Acid Market Segmentation
    6.1. Global Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    Oxo Process
    Reppe Process
    By-product Process
    6.2. Global Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    Herbicides
    Rubber Products
    Plasticizers
    Food Preservatives
    Other Applications
    6.3. Global Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    Pharmaceuticals
    Personal Care
    Food And Beverage
    Agriculture
    Other End-User Industries
    6.4. Global Propionic Acid Market, Sub-Segmentation Of Oxo Process, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    Propionic Acid From Propionaldehyde
    Catalytic Hydrogenation Of Acetaldehyde
    Use Of Carbon Monoxide And Hydrogen In Production
    6.5. Global Propionic Acid Market, Sub-Segmentation Of Reppe Process, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    Acetylene-Based Process For Propionic Acid
    Production Of Propionic Acid Through Acetylene And Carbon Monoxide Reaction
    Catalytic Reaction With Phosgene Derivatives
    6.6. Global Propionic Acid Market, Sub-Segmentation Of By-Product Process, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    Production Of Propionic Acid As A By-Product Of Acetone Manufacturing
    By-Product Formation During The Production Of Acrylic Acid Or Acetate
    Recovery Of Propionic Acid From Fermentation Or Other Processes
    7. Propionic Acid Market Regional And Country Analysis
    7.1. Global Propionic Acid Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    7.2. Global Propionic Acid Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    8. Asia-Pacific Propionic Acid Market
    8.1. Asia-Pacific Propionic Acid Market Overview
    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
    8.2. Asia-Pacific Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    8.3. Asia-Pacific Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    8.4. Asia-Pacific Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    9. China Propionic Acid Market
    9.1. China Propionic Acid Market Overview
    9.2. China Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
    9.3. China Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
    9.4. China Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
    10. India Propionic Acid Market
    10.1. India Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    10.2. India Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    10.3. India Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    11. Japan Propionic Acid Market
    11.1. Japan Propionic Acid Market Overview
    11.2. Japan Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    11.3. Japan Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    11.4. Japan Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    12. Australia Propionic Acid Market
    12.1. Australia Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    12.2. Australia Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    12.3. Australia Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    13. Indonesia Propionic Acid Market
    13.1. Indonesia Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    13.2. Indonesia Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    13.3. Indonesia Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    14. South Korea Propionic Acid Market
    14.1. South Korea Propionic Acid Market Overview
    14.2. South Korea Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    14.3. South Korea Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    14.4. South Korea Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    15. Western Europe Propionic Acid Market
    15.1. Western Europe Propionic Acid Market Overview
    15.2. Western Europe Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    15.3. Western Europe Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    15.4. Western Europe Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    16. UK Propionic Acid Market
    16.1. UK Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    16.2. UK Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    16.3. UK Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    17. Germany Propionic Acid Market
    17.1. Germany Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    17.2. Germany Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    17.3. Germany Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    18. France Propionic Acid Market
    18.1. France Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    18.2. France Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    18.3. France Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    19. Italy Propionic Acid Market
    19.1. Italy Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    19.2. Italy Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    19.3. Italy Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    20. Spain Propionic Acid Market
    20.1. Spain Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    20.2. Spain Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    20.3. Spain Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    21. Eastern Europe Propionic Acid Market
    21.1. Eastern Europe Propionic Acid Market Overview
    21.2. Eastern Europe Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    21.3. Eastern Europe Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    21.4. Eastern Europe Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    22. Russia Propionic Acid Market
    22.1. Russia Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    22.2. Russia Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    22.3. Russia Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    23. North America Propionic Acid Market
    23.1. North America Propionic Acid Market Overview
    23.2. North America Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    23.3. North America Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    23.4. North America Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    24. USA Propionic Acid Market
    24.1. USA Propionic Acid Market Overview
    24.2. USA Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    24.3. USA Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    24.4. USA Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    25. Canada Propionic Acid Market
    25.1. Canada Propionic Acid Market Overview
    25.2. Canada Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    25.3. Canada Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    25.4. Canada Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    26. South America Propionic Acid Market
    26.1. South America Propionic Acid Market Overview
    26.2. South America Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    26.3. South America Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    26.4. South America Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    27. Brazil Propionic Acid Market
    27.1. Brazil Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    27.2. Brazil Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    27.3. Brazil Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    28. Middle East Propionic Acid Market
    28.1. Middle East Propionic Acid Market Overview
    28.2. Middle East Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    28.3. Middle East Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    28.4. Middle East Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    29. Africa Propionic Acid Market
    29.1. Africa Propionic Acid Market Overview
    29.2. Africa Propionic Acid Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    29.3. Africa Propionic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    29.4. Africa Propionic Acid Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
    30. Propionic Acid Market Competitive Landscape And Company Profiles
    30.1. Propionic Acid Market Competitive Landscape
    30.2. Propionic Acid Market Company Profiles
    30.2.1. BASF SE Overview, Products and Services, Strategy and Financial Analysis
    30.2.2. Merck KGaA Overview, Products and Services, Strategy and Financial Analysis
    30.2.3. Dow Chemical Company Overview, Products and Services, Strategy and Financial Analysis
    30.2.4. Thermo Fisher Scientific Inc. Overview, Products and Services, Strategy and Financial Analysis
    30.2.5. Honeywell International Inc. Overview, Products and Services, Strategy and Financial Analysis
    31. Propionic Acid Market Other Major And Innovative Companies
    31.1. INEOS Group Holdings S.A.
    31.2. Evonik Industries AG
    31.3. Solvay S.A.
    31.4. Arkema SA
    31.5. Eastman Chemical Company
    31.6. Celanese Corporation
    31.7. Clariant AG
    31.8. Sigma-Aldrich Corporation
    31.9. Daicel Corporation
    31.10. Novozymes A/S
    31.11. OQ Chemicals GmbH
    31.12. Corbion N.V.
    31.13. Hawkins Inc.
    31.14. Nacalai Tesque Inc.
    31.15. Kishida Chemical Co. Ltd. 
    32. Global Propionic Acid Market Competitive Benchmarking And Dashboard
    33. Key Mergers And Acquisitions In The Propionic Acid Market
    34. Recent Developments In The Propionic Acid Market
    35. Propionic Acid Market High Potential Countries, Segments and Strategies
    35.1 Propionic Acid Market In 2029 - Countries Offering Most New Opportunities
    35.2 Propionic Acid Market In 2029 - Segments Offering Most New Opportunities
    35.3 Propionic Acid Market In 2029 - Growth Strategies
    35.3.1 Market Trend Based Strategies
    35.3.2 Competitor Strategies
    36. Appendix
    36.1. Abbreviations
    36.2. Currencies
    36.3. Historic And Forecast Inflation Rates
    36.4. Research Inquiries
    36.5. The Business Research Company
    36.6. Copyright And Disclaimer

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