Global Propionic Acid Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

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