封面
市場調查報告書
商品編碼
1614922

丙酸市場規模、佔有率、成長分析、按應用、按最終用途行業、按地區 - 行業預測,2024-2031 年

Propionic Acid Market Size, Share, Growth Analysis, By Application (Animal Feed, Cellulose Acetate Propionate), By End Use Industry, By Region - Industry Forecast 2024-2031

出版日期: | 出版商: SkyQuest | 英文 265 Pages | 商品交期: 3-5個工作天內

價格
簡介目錄

2022年全球丙酸市場規模為10.5億美元,從2023年的11億美元成長到2031年的14.2億美元,預計複合年成長率為3.78%。

丙酸是一種具有強烈氣味的無色液體,由乙烯以羰基鎳為催化劑氫羧基化而產生。由於其強大的抗真菌和抗菌特性以及高沸點,其應用廣泛,包括動物飼料添加劑、食品防腐劑和作物保護。它作為牛飲用水中的抗菌劑特別有效。作為天然防腐劑,丙酸可提高麵包、玉米餅和起司等烘焙點心的保存期限,也用於已調理食品的防腐包裝。在利用丙酸功能的工業進步的推動下,丙酸市場有望成長。

目錄

介紹

  • 研究目的
  • 調查範圍
  • 定義

調查方法

  • 資訊採購
  • 二手資料和主要資料方法
  • 市場規模預測
  • 市場假設與限制

執行摘要

  • 全球市場展望
  • 供需趨勢分析
  • 按細分市場的機會分析

市場動態及展望

  • 市場概況
  • 市場規模
  • 市場動態
    • 促進因素和機遇
    • 抑制因素和挑戰
  • 波特分析與影響
    • 競爭公司之間的敵對關係
    • 替代品的威脅
    • 買方議價能力
    • 新進入者的威脅
    • 供應商的議價能力

主要市場考察

  • 關鍵成功因素
  • 競爭程度
  • 主要投資機會
  • 市場生態系統
  • 市場吸引力指數(2023)
  • PESTEL分析
  • 總體經濟指標
  • 價值鏈分析
  • 價格分析
  • 技術進步
  • 監管環境
  • 案例研究
  • 客戶和購買標準分析

丙酸市場規模:依應用與複合年成長率(2024-2031)

  • 市場概況
  • 動物飼料
  • 穀物保鮮劑
  • 醋酸丙酸纖維素
  • 除草劑
  • 塑化劑
  • 其他

丙酸市場規模:依最終用途產業及複合年成長率(2024-2031)

  • 市場概況
  • 藥品
  • 個人護理
  • 食品/飲料
  • 農業
  • 其他

丙酸市場規模及複合年成長率(2024-2031)

  • 北美洲
    • 美國
    • 加拿大
  • 歐洲
    • 英國
    • 德國
    • 西班牙
    • 法國
    • 義大利
    • 其他歐洲國家地區
  • 亞太地區
    • 中國
    • 印度
    • 日本
    • 韓國
    • 其他亞太地區
  • 拉丁美洲
    • 巴西
    • 其他拉丁美洲地區
  • 中東/非洲
    • 海灣合作理事會國家
    • 南非
    • 其他中東/非洲

競爭資訊

  • 前5名企業對比
  • 主要企業市場定位(2023年)
  • 主要市場參與者所採取的策略
  • 近期市場趨勢
  • 公司市場佔有率分析(2023)
  • 主要企業簡介
    • 公司簡介
    • 產品系列分析
    • 按細分市場分類的佔有率分析
    • 收益與前一年同期比較(2021-2023)

主要企業簡介

  • BASF SE
  • Dow
  • Eastman Chemical Company
  • Perstorp Holdings AB
  • Celanese Corporation
  • Hawkins Inc.
  • Merck KGaA
  • Yancheng Huade Biological Engineering Co. Ltd
  • Sasol
  • Daicel Corporation
  • Shanghai Jianbei Organic Chemical Co. Ltd
  • Niacet Corporation
  • Prathista Industries
  • BIOMIN
  • BASF-YPC Co., Ltd
  • Global BioChem Technology Group Co. Ltd
  • Emsland-Starke GmbH
  • Avebe
  • Grain Processing Corporation
  • SMS Corporation Co., Ltd

結論和建議

簡介目錄
Product Code: SQMIG15E2345

Global Propionic Acid Market size was valued at USD 1.05 billion in 2022 and is poised to grow from USD 1.1 billion in 2023 to USD 1.42 billion by 2031, growing at a CAGR of 3.78% in the forecast period (2024-2031).

Propionic acid, a colourless liquid with a strong odour, is produced through the hydro carboxylation of ethylene, utilizing nickel carbonyl as a catalyst. Its versatile applications span animal feed additives, food preservatives, and crop protection, largely due to its strong anti-fungal and anti-bacterial properties and high boiling point. The acid is particularly beneficial in cattle drinking water as an antibacterial agent. As a natural preservative, propionic acid enhances the shelf life of baked goods such as bread, tortillas, and cheeses, and is also employed in the preservation packaging of ready-to-eat foods. The market for propionic acid is poised for growth, fuelled by advancements in industries that harness its functionalities.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Propionic Acid market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Propionic Acid Market Segmental Analysis

Global Propionic Acid Market is segmented by Application and region. Based on Application, the market is segmented into Animal Feed, Calcium and Sodium Propionate, Cellulose Acetate Propionate. Based on End Use Industry, the market is segmented into Pharmaceuticals, Personal Care, Food & Beverage, Agriculture, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Propionic Acid Market

The global propionic acid market is being significantly driven by its rising application in the preservation of packaged foods and animal feed. As consumer lifestyles shift towards convenience and hygiene, the demand for packaged food products has surged, leading to increased utilization of propionic acid as a preservative that effectively prolongs shelf life and inhibits bacterial and fungal growth. Additionally, propionic acid is key in the manufacturing of cellulose acetate propionate and various herbicides, further propelling market growth. The consumption of propionic acid witnessed substantial figures, with 471 kilo tonnes consumed in 2020 and an anticipated increase to 538 kilo tonnes by 2025, showcasing robust market potential.

Restraints in the Global Propionic Acid Market

The global propionic acid market faces several restraints that hinder its growth. Rising environmental concerns related to herbicide use significantly limit market expansion, as stakeholders increasingly prioritize sustainable practices. Moreover, a lack of innovation in packaging is stifling industry development and reducing competitiveness. Participants in this market are also under pressure to lower their profit margins on product sales, which negatively impacts overall revenue generation. Furthermore, inadequate production facilities and the potential adverse effects associated with direct exposure to propionic acid present additional challenges. Collectively, these factors create a multifaceted environment that restricts the market's expansion potential.

Market Trends of the Global Propionic Acid Market

The global propionic acid market is witnessing a robust upward trend, fueled by its expanding utility across diverse applications, particularly in agriculture and food preservation. As a proven fungicide and bactericide, propionic acid effectively combats bacterial and fungal growth in grain storage, poultry litter, and livestock drinking water, thereby enhancing food safety and animal health. This versatility, coupled with rising health and safety regulations in food production, drives increasing adoption among end-users. Furthermore, the growing emphasis on sustainable agriculture practices and organic farming is anticipated to bolster demand, positioning propionic acid as a critical component in the agricultural sector.

Table of Contents

Introduction

  • Objectives of the Study
  • Scope of the Report
  • Definitions

Research Methodology

  • Information Procurement
  • Secondary & Primary Data Methods
  • Market Size Estimation
  • Market Assumptions & Limitations

Executive Summary

  • Global Market Outlook
  • Supply & Demand Trend Analysis
  • Segmental Opportunity Analysis

Market Dynamics & Outlook

  • Market Overview
  • Market Size
  • Market Dynamics
    • Driver & Opportunities
    • Restraints & Challenges
  • Porters Analysis & Impact
    • Competitive rivalry
    • Threat of substitute
    • Bargaining power of buyers
    • Threat of new entrants
    • Bargaining power of suppliers

Key Market Insights

  • Key Success Factors
  • Degree of Competition
  • Top Investment Pockets
  • Market Ecosystem
  • Market Attractiveness Index, 2023
  • PESTEL Analysis
  • Macro-Economic Indicators
  • Value Chain Analysis
  • Pricing Analysis
  • Technological Advancement
  • Regulatory Landscape
  • Case Studies
  • Customer & Buying Criteria Analysis

Global Propionic Acid Market Size by Application & CAGR (2024-2031)

  • Market Overview
  • Animal feed
  • Grain Preservatives
  • Cellulose Acetate Propionate
  • Herbicides
  • Plasticizers
  • Others

Global Propionic Acid Market Size by End Use Industry & CAGR (2024-2031)

  • Market Overview
  • Pharmaceuticals
  • Personal Care
  • Food and Beverage
  • Agriculture
  • Others

Global Propionic Acid Market Size & CAGR (2024-2031)

  • North America (Application, End Use Industry)
    • US
    • Canada
  • Europe (Application, End Use Industry)
    • UK
    • Germany
    • Spain
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific (Application, End Use Industry)
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America (Application, End Use Industry)
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (Application, End Use Industry)
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Competitive Intelligence

  • Top 5 Player Comparison
  • Market Positioning of Key Players, 2023
  • Strategies Adopted by Key Market Players
  • Recent Developments in the Market
  • Company Market Share Analysis, 2023
  • Company Profiles of All Key Players
    • Company Details
    • Product Portfolio Analysis
    • Company's Segmental Share Analysis
    • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

  • BASF SE
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Dow
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Eastman Chemical Company
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Perstorp Holdings AB
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Celanese Corporation
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Hawkins Inc.
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Merck KGaA
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Yancheng Huade Biological Engineering Co. Ltd
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Sasol
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Daicel Corporation
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Shanghai Jianbei Organic Chemical Co. Ltd
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Niacet Corporation
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Prathista Industries
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • BIOMIN
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • BASF-YPC Co., Ltd
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Global BioChem Technology Group Co. Ltd
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Emsland-Starke GmbH
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Avebe
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Grain Processing Corporation
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • SMS Corporation Co., Ltd
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments

Conclusion & Recommendation