Propionic Acid for Animal Feed Market

Propionic acid is a clear liquid with a strong odour. It has synonyms such as?carboxylic acid, carboxyethane, ethane carboxylic acid, and ethyl formic acid, and is miscible with water and a few organic solvents. Propionic acid is a naturally occurring chemical that can be found in essential oils as esters. Carbon monoxide and ethylene are two important raw ingredients utilized in the synthesis of propionic acid. Propionic acid provide antifungal as well as antimicrobial properties which will increases its demand in propionic acid for animal feed market.

Propionic Acid for Animal Feed Market aims to provide a comprehensive presentation of the global market for Propionic Acid for Animal Feed, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Propionic Acid for Animal Feed. Propionic Acid for Animal Feed Market contains market size and forecasts of Propionic Acid for Animal Feed in global, including the following market information:

Global Propionic Acid for Animal Feed Market Revenue, 2018-2023, 2024-2032, ($ millions)

Global Propionic Acid for Animal Feed Market Sales, 2018-2023, 2024-2032, (K Tons)

Global top five Propionic Acid for Animal Feed companies in 2022 (%)

The global Propionic Acid for Animal Feed market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

Oxo Process Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Propionic Acid for Animal Feed include Dow, BASF, Eastman Chemical Company, Mitsubishi Chemical Corporation, Hawkins, Kemin Industries, Merck, Titan Biotech and Celanese Corporation, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Propionic Acid for Animal Feed manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Propionic Acid for Animal Feed Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Tons)

Global Propionic Acid for Animal Feed Market Segment Percentages, by Type, 2022 (%)

Oxo Process

Reppe Process

By-Product Process

Global Propionic Acid for Animal Feed Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Tons)

Global Propionic Acid for Animal Feed Market Segment Percentages, by Application, 2022 (%)

Chemical

Agriculture

Others

Global Propionic Acid for Animal Feed Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Tons)

Global Propionic Acid for Animal Feed Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Propionic Acid for Animal Feed revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Propionic Acid for Animal Feed revenues share in global market, 2022 (%)

Key companies Propionic Acid for Animal Feed sales in global market, 2018-2023 (Estimated), (K Tons)

Key companies Propionic Acid for Animal Feed sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Dow

BASF

Eastman Chemical Company

Mitsubishi Chemical Corporation

Hawkins

Kemin Industries

Merck

Titan Biotech

Celanese Corporation

Corbion

Novus International

Oxea

Perstorp

Niacet

Macco Organiques

ADDCON GmbH

Impextraco NV

Krishna Chemicals

Prathista Industries Limited

Outline of Major Chapters:

Chapter 1: Introduces the definition of Propionic Acid for Animal Feed, market overview.

Chapter 2: Global Propionic Acid for Animal Feed market size in revenue and volume.

Chapter 3: Detailed analysis of Propionic Acid for Animal Feed manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Propionic Acid for Animal Feed in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Propionic Acid for Animal Feed capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.