Propionic Acid Market Estimated to Flourish by 2026
A sample of this report is available upon request @ www.persistencemarketresearch.com/samples/12130
Propionic acid is used as a versatile preservative for human food and animal feed. It also serves as a synthetic intermediate to produce pharmaceuticals, crop protection agents and solvents. Moreover, propionic acid is used to manufacture esters, vitamin E and also as a flavoring agent in food products. In the manufacture of cellulose acetate propionate (CAP), a thermoplastic, propionic acid is utilized as an intermediate. Growth trends of food, feed, and pharmaceutical industries are expected to remain key factors affecting the market growth of propionic acid and the global market is expected to increase at a moderate CAGR over the forecast period 2016-2016.
The increasing application of propionic acid as a food & an animal feed preservative is expected to be a key factor driving the growth of the propionic acid market globally. Consumption of propionic acid in herbicides and in the manufacture of cellulose acetate propionate is also expected to be significant through 2026.
Ever increasing global food demand, coupled with the rising need for hygienic food products, drives the demand for food preservation which, in turn, is expected to boost the global propionic acid market for its use as mold inhibitors in food products. Due to changing lifestyle, consumption of packaged food, which requires the use of preservatives, has significantly increased over the past few years and is expected to fuel the demand for propionic acid across the globe.
The macroeconomic growth of the agricultural industry is further expected to push the demand for propionic acid globally. Propionic acid is used to control the growth of molds on crops and also protects various agriculture products from bacteria. A significant amount of propionic acid is consumed globally to manufacture cellulose acetate propionate (CAP). Moderately growing downstream consumption of CAP is expected to facilitate the growth of the global propionic acid market, though at a modest CAGR, over the forecast period.
Request to view Table of content @ www.persistencemarketresearch.com/toc/12130
Human exposure of propionic acid, either through skin, eye, ingestion, and inhalation, may be dangerous and special care is required while treating and transporting the same.
Due to growing population and food & feed production, market outlook for Asia-Pacific is expected to remain fairly positive over the coming years. In North America and Western Europe, the propionic acid market is expected to increase at moderate CAGR. USA and Western Europe are estimated to stand among key suppliers of propionic acid. USA was a net exporter of propionic acid and its salts & esters in 2015. China and India accounted for significant shares in the overall Asia Pacific market demand and major demand was met was imports in 2015.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research Pvt. Ltd.
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Propionic Acid Market Estimated to Flourish by 2026 here
News-ID: 465080 • Views: 183
More Releases from Persistence Market Research Pvt. Ltd
Global HPMC Capsules Market is expected to reach a Valuation of US$ 554.5 Mn Ove …
HPMC capsules are strictly non-toxic and qualify to be Kosher and Halal-certified, which is why their popularity has grown in several parts of the world. Moreover, these capsules can significantly boost the body metabolism by improving absorption and digestion of protein, fat and carbohydrates. HPMC capsules find their application in the preparation of non-animal based medicines and cosmetics & nutraceuticals products. Persistence Market Research (PMR) recently conducted a study
Vacuum Tissue Processor Technology Most Favored in the Global Tissue Processing …
Persistence Market Research has come up with a fact based analytical research study describing various aspects of the tissue processing systems market across the globe. The analysis on tissue processing systems has been systematically drafted in a new research publication titled “Tissue Processing Systems Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. This comprehensive research report focuses on various developments, trends, restraints, opportunities, drivers and challenges impacting revenue growth of
Endodontics Market Is Projected To Grow At A Moderate CAGR During The Period Of …
Endodontics is associated with the dentistry segment. It involves several therapies to protect the human teeth from infections and injuries caused to the dental pulp. Generally, it is concerned with morphology, pathology as well as physiology of dental pulp and the periradicular tissues. Endodontics is important during carrying out root canal procedure in order to reduce the inflammation and to end infection. Modernization has touched the field of endodontics as
Global Home Infusion Therapy Devices Market Driven by Growing Incidence of Pain, …
According to the latest market report published by Persistence Market Research titled ‘Home Infusion Therapy Devices Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025),’ the global Home Infusion Therapy Devices market is expected to expand at a CAGR of 6.8% during the forecast period 2017–2025. Persistence Market Research delivers key insights and presents a revised forecast of the global Home Infusion Therapy Devices market for an eight year period from
More Releases for Propionic
Propionic Acid Market Global Industry Analysis 2018-2025
UpMarketResearch offers a latest published report on “Global Propionic Acid Market Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 113 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Get Free Exclusive PDF Sample Copy of This Report https://www.upmarketresearch.com/home/requested_sample/9762 Propionic Acid Industry research report delivers a close
Propionic Acid Market - Rising Adoption of Renewable Energy Boosts Growth
Market Overview: This Propionic Acid Market Research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report
Propionic Acid Market Projected to Discern Stable Expansion During 2026
Propionic acid is a colorless liquid with pungent smell. It is miscible with water and few organic solvents and is also known by synonyms like carboxylic acid, carboxyethane, ethanecarboxylic acid, ethylformic acid, etc. Propionic acid is a naturally occurring substance which is available in the form of esters in essential oils. Key raw materials used for the production of propionic acid are carbon monoxide and ethylene. Report Overview @ https://www.persistencemarketresearch.com/market-research/propionic-acid-market.asp Propionic acid
Propionic Acid Market to Witness Comprehensive Growth by 2026
Propionic acid is a colorless liquid with pungent smell. It is miscible with water and few organic solvents and is also known by synonyms like carboxylic acid, carboxyethane, ethanecarboxylic acid, ethylformic acid, etc. Propionic acid is a naturally occurring substance which is available in the form of esters in essential oils. Key raw materials used for the production of propionic acid are carbon monoxide and ethylene. Propionic acid is used as
Depth Report about Propionic Acid Market 2017-2022
Market Research Report Store(MRRS) adds "2017-2022 Global Top Countries Propionic Acid Market Report" new study, published in April 2017. It is a professional and in-depth study. Scope of the Report: This report studies Propionic Acid in Global market, especially in United States, Canada, Mexico, Germany, France, UK, Italy, Russia, China, Japan, India, Korea, Southeast Asia, Australia, Brazil, Middle East and Africa, focuses on the top Manufacturers in each country, covering BASF Dow Perstorp Eastman Daicel Sasol BASF-YPC industries SINOPEC Qilu Yancheng
Global Propionic Acid Market Explores Good Growth Opportunities by 2026
Propionic acid is a colorless liquid with pungent smell. It is miscible with water and few organic solvents and is also known by synonyms like carboxylic acid, carboxyethane, ethanecarboxylic acid, ethylformic acid, etc. Propionic acid is a naturally occurring substance which is available in the form of esters in essential oils. Key raw materials used for the production of propionic acid are carbon monoxide and ethylene. A sample of this report