Global Propionic Acid Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch"s in-depth investigation and research, the global Propionic Acid market size will reach 921.49 Million USD in 2025 and is projected to reach 1,162.91 Million USD by 2032, with a CAGR of 3.38% (2025-2032). Notably, the China Propionic Acid market has changed rapidly in the past few years. By 2025, China"s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Propionic acid is a carboxylic acid with the chemical formula CH3CH2COOH. It is a naturally occurring organic acid that belongs to the group of short-chain fatty acids. This compound is characterized by its pungent odor and is found in some types of cheeses as a byproduct of bacterial fermentation. In industrial settings, propionic acid is often produced through the chemical synthesis of ethylene and carbon monoxide. It is used primarily as a preservative in the food industry to inhibit the growth of molds and bacteria, particularly in bread and baked goods. Additionally, propionic acid has applications in the production of various chemicals, pharmaceuticals, and plastics. Its antimicrobial properties and role in different chemical processes make it a versatile compound with significance in both the food and chemical industries.
The major global manufacturers of Propionic Acid include BASF, Dow, Perstorp, Eastman, Sasol, BASF-YPC, Yancheng Huade, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Propionic Acid. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Propionic Acid market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Propionic Acid market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Propionic Acid industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Propionic Acid Include:
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC
Yancheng Huade
Propionic Acid Product Segment Include:
Oxo Process
Reppe Process
By-product Process
Propionic Acid Product Application Include:
Grain and Feed Preservatives
Calcium and Sodium Salts
Herbicides
Cellulose Acetate Propionate
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Propionic Acid Capacity and Production Analysis
Chapter 3: Global Propionic Acid Industry PESTEL Analysis
Chapter 4: Global Propionic Acid Industry Porter's Five Forces Analysis
Chapter 5: Global Propionic Acid Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Propionic Acid Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Propionic Acid Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Propionic Acid Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
According to DIResearch"s in-depth investigation and research, the global Propionic Acid market size will reach 921.49 Million USD in 2025 and is projected to reach 1,162.91 Million USD by 2032, with a CAGR of 3.38% (2025-2032). Notably, the China Propionic Acid market has changed rapidly in the past few years. By 2025, China"s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Propionic acid is a carboxylic acid with the chemical formula CH3CH2COOH. It is a naturally occurring organic acid that belongs to the group of short-chain fatty acids. This compound is characterized by its pungent odor and is found in some types of cheeses as a byproduct of bacterial fermentation. In industrial settings, propionic acid is often produced through the chemical synthesis of ethylene and carbon monoxide. It is used primarily as a preservative in the food industry to inhibit the growth of molds and bacteria, particularly in bread and baked goods. Additionally, propionic acid has applications in the production of various chemicals, pharmaceuticals, and plastics. Its antimicrobial properties and role in different chemical processes make it a versatile compound with significance in both the food and chemical industries.
The major global manufacturers of Propionic Acid include BASF, Dow, Perstorp, Eastman, Sasol, BASF-YPC, Yancheng Huade, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Propionic Acid. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Propionic Acid market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Propionic Acid market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Propionic Acid industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Propionic Acid Include:
BASF
Dow
Perstorp
Eastman
Sasol
BASF-YPC
Yancheng Huade
Propionic Acid Product Segment Include:
Oxo Process
Reppe Process
By-product Process
Propionic Acid Product Application Include:
Grain and Feed Preservatives
Calcium and Sodium Salts
Herbicides
Cellulose Acetate Propionate
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Propionic Acid Capacity and Production Analysis
Chapter 3: Global Propionic Acid Industry PESTEL Analysis
Chapter 4: Global Propionic Acid Industry Porter's Five Forces Analysis
Chapter 5: Global Propionic Acid Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Propionic Acid Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Propionic Acid Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Propionic Acid Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Propionic Acid Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Propionic Acid Product by Type
- 1.2.1 Oxo Process
- 1.2.2 Reppe Process
- 1.2.3 By-product Process
- 1.3 Propionic Acid Product by Application
- 1.3.1 Grain and Feed Preservatives
- 1.3.2 Calcium and Sodium Salts
- 1.3.3 Herbicides
- 1.3.4 Cellulose Acetate Propionate
- 1.3.5 Others
- 1.4 Global Propionic Acid Market Revenue and Sales Analysis
- 1.4.1 Global Propionic Acid Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Propionic Acid Sales Market Sales Analysis (2020-2032)
- 1.4.3 Global Propionic Acid Market Sales Price Trend Analysis (2020-2032)
- 1.5 Propionic Acid Market Development Status and Trends
- 1.5.1 Propionic Acid Industry Development Status Analysis
- 1.5.2 Propionic Acid Industry Development Trends Analysis
- 2 Global Propionic Acid Capacity and Production Analysis
- 2.1 Global Propionic Acid Capacity, Production and Utilization (2020-2032)
- 2.2 Global Propionic Acid Production Growth Trend by Region: 2024 VS 2025 VS 2032
- 2.3 Global Propionic Acid Production by Region
- 2.3.1 Global Propionic Acid Production by Region (2020-2025)
- 2.3.2 Global Propionic Acid Production Forecast by Region (2026-2032)
- 2.3.3 Global Propionic Acid Production Market Share by Region (2020-2032)
- 3 Propionic Acid Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Propionic Acid Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Propionic Acid Market Analysis by Country
- 5.1 Global Propionic Acid Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 5.1.1 Global Propionic Acid Revenue and Market Share by Country (2020-2025)
- 5.1.2 Global Propionic Acid Revenue and Market Share Forecast by Country (2026-2032)
- 5.2 Global Propionic Acid Sales Analysis by Country: 2024 VS 2025 VS 2032
- 5.2.1 Global Propionic Acid Sales and Market Share by Country (2020-2025)
- 5.2.2 Global Propionic Acid Sales and Market Share Forecast by Country (2026-2032)
- 5.3 United States Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.4 Germany Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.5 Japan Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.6 China Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.7 France Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.8 U.K. Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.9 South Korea Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.10 Canada Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.11 Italy Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.12 Russia Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.13 Mexico Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.14 Brazil Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.15 India Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.16 Vietnam Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.17 Thailand Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 5.18 South Africa Propionic Acid Market Sales, Revenue and Growth Rate (2020-2032)
- 6 Competition by Manufacturers
- 6.1 Global Propionic Acid Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 6.1.1 Global Propionic Acid Market Sales by Key Manufacturers (2021-2025)
- 6.1.2 Global Propionic Acid Market Revenue by Key Manufacturers (2021-2025)
- 6.1.3 Global Propionic Acid Average Sales Price by Manufacturers (2021-2025)
- 6.2 Propionic Acid Competitive Landscape Analysis and Market Dynamic
- 6.2.1 Propionic Acid Competitive Landscape Analysis
- 6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 6.2.3 Market Dynamic
- 7 Propionic Acid Market Analysis by Type
- 7.1 Global Propionic Acid Market Revenue Analysis by Type
- 7.1.1 Global Propionic Acid Market Size Analysis by Type: 2024 & 2025 & 2032
- 7.1.2 Global Propionic Acid Revenue and Forecast Analysis by Type (2020-2032)
- 7.2 Global Propionic Acid Market Sales and Forecast Analysis by Type (2020-2032)
- 7.3 Global Propionic Acid Sales Price Trend Analysis by Type (2020-2032)
- 8 Key Companies Analysis
- 8.1 BASF
- 8.1.1 BASF Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.1.2 BASF Propionic Acid Product Portfolio
- 8.1.3 BASF Propionic Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.2 Dow
- 8.2.1 Dow Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.2.2 Dow Propionic Acid Product Portfolio
- 8.2.3 Dow Propionic Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.3 Perstorp
- 8.3.1 Perstorp Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.3.2 Perstorp Propionic Acid Product Portfolio
- 8.3.3 Perstorp Propionic Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.4 Eastman
- 8.4.1 Eastman Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.4.2 Eastman Propionic Acid Product Portfolio
- 8.4.3 Eastman Propionic Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.5 Sasol
- 8.5.1 Sasol Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.5.2 Sasol Propionic Acid Product Portfolio
- 8.5.3 Sasol Propionic Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.6 BASF-YPC
- 8.6.1 BASF-YPC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.6.2 BASF-YPC Propionic Acid Product Portfolio
- 8.6.3 BASF-YPC Propionic Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.7 Yancheng Huade
- 8.7.1 Yancheng Huade Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.7.2 Yancheng Huade Propionic Acid Product Portfolio
- 8.7.3 Yancheng Huade Propionic Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 9 Industry Chain Analysis
- 9.1 Propionic Acid Industry Chain Analysis
- 9.2 Propionic Acid Industry Upstream Supply Analysis
- 9.2.1 Upstream Key Raw Material Supply Analysis
- 9.2.2 Raw Material Suppliers and Contact Information
- 9.3 Propionic Acid Product Downstream Application Analysis
- 9.3.1 Global Propionic Acid Revenue Market Size by Application: 2024 VS 2025 VS 2032
- 9.3.2 Global Propionic Acid Revenue and Forecast Analysis by Application (2020-2032)
- 9.3.3 Global Propionic Acid Sales and Forecast Analysis by Application (2020-2032)
- 9.4 Propionic Acid Typical Downstream Customers
- 9.5 Propionic Acid Sales Channel Analysis
- 10 Research Findings and Conclusion
- 11 Methodology and Data Source
- 11.1 Methodology/Research Approach
- 11.2 Research Scope
- 11.3 Benchmarks and Assumptions
- 11.4 Date Source
- 11.4.1 Primary Sources
- 11.4.2 Secondary Sources
- 11.5 Data Cross Validation
- 11.6 Disclaimer
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
