Propionic Acid Market Size is projected to reach
$1,608.8 Million By 2018
The Global Propionic Acid Market in terms of revenue was estimated to be worth $935.7
million in 2012 and is expected to reach $1,608.8 million by 2018, growing at a CAGR of
7.8% from 2013 to 2018. Europe dominated the global market in 2012. Emerging markets
are likely to fuel the future growth of propionic acid & derivatives.
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This study basically aims to estimate the global Propionic acid market for 2012, and to
project the expected demand of the same from 2013 to 2018. This market research study
provides detailed qualitative and quantitative analysis of the global market. It provides a
comprehensive review of major market drivers, restraints, opportunities, winning
imperatives, challenges, and key issues in the market. The market is further segmented and
forecasted for major countries like the U.S., Canada, the Netherlands, Germany, Spain,
China, U.K., etc. The market is also segmented on the basis of applications of propionic acid.
We have used various secondary sources such as encyclopedia, directories, and databases
to identify and collect information useful for this extensive commercial study of the market.
The primary sources—experts from related industries and suppliers—have been
interviewed to obtain and verify critical information as well as to assess the future
prospects.
We have also profiled leading players of this industry with their recent developments and
other strategic industry activities. These include: BASF SE (Germany), The Dow Chemical
Company (U.S.), Perstorp (Sweden), Eastman Chemical (U.S.), Niacet Corporation (U.S.), etc.
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