Materials & Chemicals

Global Propionic Acid and Its Derivatives Market 2014-2018

  • TEC169905
  • 71 Pages
  • September 2014
  • Materials & Chemicals
About Propionic Acid and Its Derivatives
Propionic acid is a colorless liquid with a pungent smell. It is produced industrially through the hydrocarboxylation of ethylene with a nickel carbonyl catalyst. It is clear and miscible with water and almost all normal organic solvents. Propionic acid and its derivatives are used for various applications in different industries, including Cosmetics, Textile, Pharma, Livestock, Cheese, Preservatives, Plastic, and Baking. It is mainly used as a feed and food preservative, owing to its ability to inhibit bacteria growth. Its major salts are calcium propionate, sodium propionate, and potassium propionate.
TechNavio's analysts forecast the Global Propionic Acid and Its Derivatives market to grow at a CAGR of 9.56 percent over the period 2013-2018.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Propionic Acid and Its Derivatives market for the period 2014-2018. In terms of application, the Global Propionic Acid and Its Derivatives market can be segmented into following: Animal Feed and Grain Preservatives, Food Preservatives, Cellulose Acetate Propionate (CAP), Herbicides, and Others.
TechNavio's report, the Global Propionic Acid and Its Derivatives Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, North America, and the Rest of the World (ROW); it also covers the Global Propionic Acid and Its Derivatives market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions
APAC
Europe
North America
ROW
Key Vendors
BASF
Eastman Chemical
Perstorp Holding
The Dow Chemical
Other Prominent Vendors

A.M. Food Chemicals
Addcon Group
BASF-YPC
Biomin Holding
Daicel
Impextraco
KEMIN Industries
Krishna Chemicals
MACCO Organiques
Niacet
Prathista Industries



Key Market Driver
Increased Use as Animal Feed Preservatives and Grain Preservatives
For a full, detailed list, view our report
Key Market Challenge
Lack of Technological Developments
For a full, detailed list, view our report
Key Market Trend
Increased R&D Spending
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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