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Market Research Report
Product code
1023737
Global Propionic Acid Market 2021-2025 |
Global Propionic Acid Market 2021-2025 |
Published: June 18, 2021
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
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Technavio has been monitoring the propionic acid market and it is poised to grow by 86.21 thousand MT during 2021-2025, progressing at a CAGR of over 3% during the forecast period. Our report on the propionic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the use of propionic acid in food preservation and diversified applications of propionic acid. In addition, the use of propionic acid in food preservation is anticipated to boost the growth of the market as well.
The propionic acid market analysis includes the application segment and geographic landscape.
Technavio's propionic acid market is segmented as below:
By Application
By Geographical Landscape
This study identifies the increased use of propionic acid in the agricultural sector as one of the prime reasons driving the propionic acid market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on propionic acid market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading propionic acid market vendors that include BASF SE, Corbion NV, Daicel Corp., Dow Inc., Eastman Chemical Co., Koninklijke DSM NV, Macco Organiques s.r.o., OQ Chemicals GmbH, Otto Chemie Pvt. Ltd., and Perstorp Holding AB. Also, the propionic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.