Propionic Acid Market Report added by DecisionDatabases.com offers industry size, share, growth, trends and forecast analysis upto 2023. Propionic Acid Market Report also covers top key players, porter’s five forces analysis and market segmentation in detail.
Propionic acid is a chemical compound which naturally occurs as carboxylic acid. Propionic acid is clear oily liquid with an irritating and strong pungent smell. Propionic acid is corrosive in nature and miscible with water. It resembles general properties of carboxylic acid and can form amides, esters, anhydrides, amide and other salts which are called propionates.
Propionic acid has various industrial applications and is used in food preservatives and additives, pharmaceuticals, solvents, pesticides and in production of polymers. Propionic acid inhibits anti-bacterial properties which aids in reducing bacteria in food products.
Propionic acid also has several biological applications and is used to prepare different chemical compounds. Global propionic acid is segmented on the basis of applications as food preservatives, calcium and sodium salts, animal feed and grain preservatives, herbicides, cellulose acetate propionate and other which include biocides and solvents.
Download FREE Sample Copy Of This Report @ http://www.decisiondatabases.com/contact/download-sample-356
Animal feed and grain preservatives are the major application segments which contributed to the rapid growth of global propionic acid market. In addition, rising use of food preservatives in food products is empowering the growth of this market. Use of propionic acid to increase the nutrient content in animal feed is a significant factor to upsurge the growth of global propionic acid market. Rapid growth of pharmaceutical industry is another factor expected to drive this market for the forecast period. Environmental concerns and health hazards due to the use propionic acid are factors holding up the growth of global propionic acid market.
Major players assessed in the report are :
Global propionic acid market is segmented by geography as Europe, North America, Asia Pacific, Latin America and Middle East and Africa. Europe and North America are leading geographies for the global propionic acid market. Key companies participating in the global propionic acid market include BASF SE, Celanese Corporation, Daicel Corporation, Dow Chemical Company, Holdings GmbH, Perstorp Holdings GmbH, Prathista Industries Ltd., A.M Food Chemical Co Ltd and Biomin Holdings GmbH.
Buy Now This Report :http://www.decisiondatabases.com/contact/buy-now-356
More Related Reports :
Global Omega 3 and Omega 6 Market Research Report
Omega 3 and omega 6 are the vital unsaturated fatty acids that are significant for metabolism in mammals but not synthesized by the body. Omega-3 fatty acids are significant for common metabolism. Mammals are unable to synthesize omega-3 fatty acids, but can obtain the shorter-chain omega-3 fatty acid. View More :http://www.decisiondatabases.com/ip/91-omega-3-and-omega-6-market-research-report
DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.