Propionic Acid Market for Animal Feed & Grain Preservatives, Calcium & Sodium Propionates, Cellulose Acetate Propionate and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020
Deerfield Beach, FL -- (SBWIRE) -- 05/04/2017 -- Propionic Acid Market for Animal Feed & Grain Preservatives, Calcium & Sodium Propionates, Cellulose Acetate Propionate and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020
According to the report, global demand for propionic acid was valued at USD 1.07 billion in 2014 and is expected to generate revenue of USD 1.55 billion by the end of 2020, growing at a CAGR of around 7% between 2015 and 2020. In terms of volume, the global propionic acid market stood at around 400.0 kilo tons in 2014.
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The report covers, forecast and analysis for the propionic acid market on a global and regional level. The study provides historic and important data of 2014 along with a forecast from 2014 to 2020 based on both volumes (kilo tons) and revenue (USD million). The study includes drivers and restraints for the propionic acid market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the propionic acid market on a global level.
In order to give the users of this report a comprehensive view on the propionic acid market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the propionic acid market has also been included. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate and general attractiveness.
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The study provides a decisive view on the propionic acid market by segmenting the market based on applications and region. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key application markets covered under this study includes animal feed and grain preservatives, calcium and sodium propionates, cellulose acetate propionate, others (herbicides etc.). The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The market has been segmented into major countries including U.S., Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for propionic acid based on individual applications in all the regions and countries.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include The Dow Chemical Company, BASF SE, Celanese Corporation, Biomin Holdings GmbH, Perstorp Holdings GmbH, Daicel Corporation, A.M Food Chemical Co Ltd, and Prathista Industries Ltd.
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Propionic Acid Market: Application Segment Analysis
Animal feed and grain preservatives
Calcium and sodium propionates
Cellulose Acetate Propionate
Others (Herbicides etc.)
Propionic Acid Market: Regional Segment Analysis
Middle East and Africa
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