Propionic Acid global market

Propionic Acid global market

Global Propionic Acid Market Research Report 2025

This report on the global propionic acid market research report 2025 offers a comprehensive analysis of market size, growth drivers, emerging trends, regional perfor

Pages: 210

Format: PDF

Date: 12-2025

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Chem Reports – Global Propionic Acid Market Forecast (2025–2035)

Market Prediction
The Propionic Acid market was valued at USD xxxx units in 2024 and is projected to reach USD xxxx units by 2035, growing at a CAGR of xx% globally.

Global Propionic Acid Market Overview

The Global Propionic Acid Market Report 2020 provides an extensive industry analysis of development components, market patterns, flows, and sizes. It calculates present and historical market values to forecast potential market performance during 2025–2035.

This research study utilized both primary and secondary data sources, examining parameters such as:

  • Government policy and regulatory environment
  • Market dynamics and competitive landscape
  • Historical data and current market trends
  • Technological innovation and upcoming advancements
  • Progress in related industries

Impact of COVID-19 on Propionic Acid Market

Since the outbreak of COVID-19 in December 2019, the pandemic disrupted global supply chains, reduced industrial activity, and delayed production in food preservatives, animal feed, and herbicide industries. The Propionic Acid market was significantly affected in 2020, though recovery has been underway with renewed demand in food safety, agriculture, and chemical manufacturing.

Global Propionic Acid Market Segmentation

By Type

  • Oxo Process
  • Reppe Process

By Application

  • Animal Feed & Grain Preservatives
  • Food Preservative
  • Herbicides
  • Cellulose Acetate Propionate (CAP)
  • Others

Regional Analysis

  • North America (U.S., Canada, Mexico): Strong demand in animal feed and food preservatives; emphasis on regulatory compliance and innovation.
  • Europe (Germany, U.K., France, Italy, Russia, Spain, etc.): Mature market with strict EU food safety regulations; high adoption in agriculture and specialty chemicals.
  • Asia-Pacific (China, India, Japan, Southeast Asia, etc.): Fastest-growing region, driven by industrial expansion and rising demand in agriculture and food safety.
  • South America (Brazil, Argentina, etc.): Moderate growth supported by agriculture and food industries; reliance on imports for premium grades.
  • Middle East & Africa (Saudi Arabia, South Africa, etc.): Emerging demand driven by agriculture modernization and growing food safety awareness; heavy reliance on imports.

Key Market Players

  • BASF
  • Dow
  • Eastman
  • Perstorp Holding
  • Sasol
  • Daicel
  • A.M. Food Chemical
  • Biomin Holdings GmbH
  • Krishna Chemicals
  • Macco Organiques
  • Sinopec Qilu Co Ltd
  • Yancheng Huade
  • Shanghai Jianbei

The global propionic acid market—produced via oxo and Reppe processes—is projected to grow steadily through 2035. Propionic acid is widely used as a preservative in animal feed and food, as an intermediate in herbicides, and in specialty polymers such as cellulose acetate propionate (CAP). Growth is driven by rising demand for food safety, grain preservation, and sustainable agriculture. Challenges include raw material price volatility, regulatory compliance in food and feed applications, and competition from alternative preservatives.

Regional Analysis

North America (U.S., Canada, Mexico)

  • Strong demand in animal feed and food preservatives.
  • Emphasis on FDA-compliant formulations and innovation.
  • Growth supported by agriculture modernization and food safety regulations.

Europe (Germany, U.K., France, Italy, Russia, Spain, etc.)

  • Mature market with strict EU food safety and chemical regulations.
  • High adoption in agriculture and specialty chemicals.
  • Focus on sustainability and eco-friendly formulations.

Asia-Pacific (China, India, Japan, Southeast Asia, etc.)

  • Fastest-growing region, driven by industrial expansion and rising demand in agriculture and food safety.
  • China leads in production capacity; India emphasizes grain preservation.
  • Japan focuses on high-purity grades for specialty chemicals.

South America (Brazil, Argentina, etc.)

  • Moderate growth supported by agriculture and food industries.
  • Reliance on imports for premium grades.
  • Opportunities in expanding food safety and grain preservation.

Middle East & Africa (Saudi Arabia, South Africa, etc.)

  • Emerging demand driven by agriculture modernization and growing food safety awareness.
  • Heavy reliance on imports; limited local production capacity.
  • Growth tied to government-backed agricultural initiatives.

Detailed Segmentation Analysis

By Type

  • Oxo Process: Large-scale industrial production route.
  • Reppe Process: Specialty production route with controlled purity.

By Application

  • Animal Feed & Grain Preservatives: Largest segment; prevents mold growth and spoilage.
  • Food Preservative: Used in bakery and packaged foods.
  • Herbicides: Intermediate in agrochemical formulations.
  • Cellulose Acetate Propionate (CAP): Specialty polymer applications.
  • Others: Pharmaceuticals and niche chemical uses.

Porter’s Five Forces

  1. Threat of New Entrants: Moderate – demand attracts new players, but technology and compliance are barriers.
  2. Bargaining Power of Suppliers: Moderate – dependence on raw materials and chemical intermediates.
  3. Bargaining Power of Buyers: High – industrial buyers demand cost-effective, high-quality products.
  4. Threat of Substitutes: High – competition from alternative preservatives and agrochemicals.
  5. Industry Rivalry: High – intense competition among global and regional chemical producers.

SWOT Analysis

Strengths

  • Essential preservative in food and feed.
  • Strong demand in agriculture and food safety.
  • Versatile applications across industries.

Weaknesses

  • High dependence on raw material supply chains.
  • Price volatility in chemical inputs.
  • Regulatory hurdles in food and feed compliance.

Opportunities

  • Rising demand for sustainable and eco-friendly preservatives.
  • Growth in Asia-Pacific agriculture modernization.
  • Expansion into specialty polymers and agrochemicals.

Threats

  • Stringent regulatory compliance requirements.
  • Competition from alternative preservatives.
  • Supply chain disruptions and geopolitical risks.

Trend Analysis

  • Food Safety Focus: Rising demand for propionic acid in food and feed preservation.
  • Agriculture Modernization: Increasing adoption in grain preservation and herbicides.
  • Specialty Chemicals Growth: Expansion into CAP and niche applications.
  • Asia-Pacific Expansion: Rapid growth in agriculture and food safety markets.
  • Sustainability Focus: Shift toward eco-friendly and responsibly sourced raw materials.

Drivers & Challenges

Drivers

  • Rising demand in food and feed preservation.
  • Technological advancements in production processes.
  • Expansion of agriculture and specialty chemicals.
  • Government-backed food safety initiatives.

Challenges

  • Raw material price volatility.
  • Regulatory hurdles in food and feed compliance.
  • Intense competition among global and regional players.
  • Limited adoption in cost-sensitive markets.

Value Chain Analysis

  1. Raw Materials: Chemical intermediates for propionic acid production.
  2. Manufacturing: Oxo and Reppe processes; purification and quality testing.
  3. Distribution: Global networks supplying agriculture, food, and specialty chemical industries.
  4. End-Use Applications: Animal feed, food preservatives, herbicides, CAP, pharmaceuticals.
  5. Regulatory Oversight: Compliance with FDA, EU food safety, and international chemical standards.

 

1. Market Overview of Propionic Acid
    1.1 Propionic Acid Market Overview
        1.1.1 Propionic Acid Product Scope
        1.1.2 Market Status and Outlook
    1.2 Propionic Acid Market Size by Regions:
    1.3 Propionic Acid Historic Market Size by Regions
    1.4 Propionic Acid Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth,  Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Propionic Acid Sales Market by Type
    2.1 Global Propionic Acid Historic Market Size by Type
    2.2 Global Propionic Acid Forecasted Market Size by Type
    2.3 Oxo Process
    2.4 Reppe Process
3. Covid-19 Impact Propionic Acid Sales Market by Application
    3.1 Global Propionic Acid Historic Market Size by Application
    3.2 Global Propionic Acid Forecasted Market Size by Application
    3.3 Animal Feed & Grain Preservatives
    3.4 Food Preservative
    3.5 Herbicides
    3.6 Cellulose Acetate Propionate (CAP)
    3.7 Others
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Propionic Acid Production Capacity Market Share by Manufacturers
    4.2 Global Propionic Acid Revenue Market Share by Manufacturers
    4.3 Global Propionic Acid Average Price by Manufacturers
5. Company Profiles and Key Figures in Propionic Acid Business
    5.1 BASF
        5.1.1 BASF Company Profile
        5.1.2 BASF Propionic Acid Product Specification
        5.1.3 BASF Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.2 Dow
        5.2.1 Dow Company Profile
        5.2.2 Dow Propionic Acid Product Specification
        5.2.3 Dow Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.3 Eastman
        5.3.1 Eastman Company Profile
        5.3.2 Eastman Propionic Acid Product Specification
        5.3.3 Eastman Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.4 Perstorp Holding
        5.4.1 Perstorp Holding Company Profile
        5.4.2 Perstorp Holding Propionic Acid Product Specification
        5.4.3 Perstorp Holding Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.5 Sasol
        5.5.1 Sasol Company Profile
        5.5.2 Sasol Propionic Acid Product Specification
        5.5.3 Sasol Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.6 Daicel
        5.6.1 Daicel Company Profile
        5.6.2 Daicel Propionic Acid Product Specification
        5.6.3 Daicel Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.7 A.M. Food Chemical
        5.7.1 A.M. Food Chemical Company Profile
        5.7.2 A.M. Food Chemical Propionic Acid Product Specification
        5.7.3 A.M. Food Chemical Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.8 Biomin Holdings Gmbh
        5.8.1 Biomin Holdings Gmbh Company Profile
        5.8.2 Biomin Holdings Gmbh Propionic Acid Product Specification
        5.8.3 Biomin Holdings Gmbh Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.9 Krishna Chemicals
        5.9.1 Krishna Chemicals Company Profile
        5.9.2 Krishna Chemicals Propionic Acid Product Specification
        5.9.3 Krishna Chemicals Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.10 Macco Organiques
        5.10.1 Macco Organiques Company Profile
        5.10.2 Macco Organiques Propionic Acid Product Specification
        5.10.3 Macco Organiques Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.11 Sinopec Qilu Co Ltd
        5.11.1 Sinopec Qilu Co Ltd Company Profile
        5.11.2 Sinopec Qilu Co Ltd Propionic Acid Product Specification
        5.11.3 Sinopec Qilu Co Ltd Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.12 Yancheng Huade
        5.12.1 Yancheng Huade Company Profile
        5.12.2 Yancheng Huade Propionic Acid Product Specification
        5.12.3 Yancheng Huade Propionic Acid Production Capacity, Revenue, Price and Gross Margin
    5.13 Shanghai Jianbei
        5.13.1 Shanghai Jianbei Company Profile
        5.13.2 Shanghai Jianbei Propionic Acid Product Specification
        5.13.3 Shanghai Jianbei Propionic Acid Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Propionic Acid Market Size
    6.2 North America Propionic Acid Key Players in North America
    6.3 North America Propionic Acid Market Size by Type
    6.4 North America Propionic Acid Market Size by Application
7. East Asia
    7.1 East Asia Propionic Acid Market Size
    7.2 East Asia Propionic Acid Key Players in North America
    7.3 East Asia Propionic Acid Market Size by Type
    7.4 East Asia Propionic Acid Market Size by Application
8. Europe
    8.1 Europe Propionic Acid Market Size
    8.2 Europe Propionic Acid Key Players in North America
    8.3 Europe Propionic Acid Market Size by Type
    8.4 Europe Propionic Acid Market Size by Application
9. South Asia
    9.1 South Asia Propionic Acid Market Size
    9.2 South Asia Propionic Acid Key Players in North America
    9.3 South Asia Propionic Acid Market Size by Type
    9.4 South Asia Propionic Acid Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Propionic Acid Market Size
    10.2 Southeast Asia Propionic Acid Key Players in North America
    10.3 Southeast Asia Propionic Acid Market Size by Type
    10.4 Southeast Asia Propionic Acid Market Size by Application
11. Middle East
    11.1 Middle East Propionic Acid Market Size
    11.2 Middle East Propionic Acid Key Players in North America
    11.3 Middle East Propionic Acid Market Size by Type
    11.4 Middle East Propionic Acid Market Size by Application
12. Africa
    12.1 Africa Propionic Acid Market Size
    12.2 Africa Propionic Acid Key Players in North America
    12.3 Africa Propionic Acid Market Size by Type
    12.4 Africa Propionic Acid Market Size by Application
13. Oceania
    13.1 Oceania Propionic Acid Market Size
    13.2 Oceania Propionic Acid Key Players in North America
    13.3 Oceania Propionic Acid Market Size by Type
    13.4 Oceania Propionic Acid Market Size by Application
14. South America
    14.1 South America Propionic Acid Market Size
    14.2 South America Propionic Acid Key Players in North America
    14.3 South America Propionic Acid Market Size by Type
    14.4 South America Propionic Acid Market Size by Application
15. Rest of the World
    15.1 Rest of the World Propionic Acid Market Size
    15.2 Rest of the World Propionic Acid Key Players in North America
    15.3 Rest of the World Propionic Acid Market Size by Type
    15.4 Rest of the World Propionic Acid Market Size by Application
16 Propionic Acid Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Global Propionic Acid Market Segmentation

By Type

  • Oxo Process
  • Reppe Process

By Application

  • Animal Feed & Grain Preservatives
  • Food Preservative
  • Herbicides
  • Cellulose Acetate Propionate (CAP)
  • Others

Regional Analysis

  • North America (U.S., Canada, Mexico): Strong demand in animal feed and food preservatives; emphasis on regulatory compliance and innovation.
  • Europe (Germany, U.K., France, Italy, Russia, Spain, etc.): Mature market with strict EU food safety regulations; high adoption in agriculture and specialty chemicals.
  • Asia-Pacific (China, India, Japan, Southeast Asia, etc.): Fastest-growing region, driven by industrial expansion and rising demand in agriculture and food safety.
  • South America (Brazil, Argentina, etc.): Moderate growth supported by agriculture and food industries; reliance on imports for premium grades.
  • Middle East & Africa (Saudi Arabia, South Africa, etc.): Emerging demand driven by agriculture modernization and growing food safety awareness; heavy reliance on imports.

Key Market Players

  • BASF
  • Dow
  • Eastman
  • Perstorp Holding
  • Sasol
  • Daicel
  • A.M. Food Chemical
  • Biomin Holdings GmbH
  • Krishna Chemicals
  • Macco Organiques
  • Sinopec Qilu Co Ltd
  • Yancheng Huade
  • Shanghai Jianbei

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