Propionic Acid & Derivatives Market (Food Preservatives, Herbicides, Cellulose Acetate Propionate) Worth $1,622.2 Million By 2018 - New Report by MarketsandMarkets

This report analyzes the market by key countries at present and expected key countries in the future also provides detailed segmentation of the market on the basis of its major applications and on the basis of raw materials employed for producing it, along with its forecast till 2018. http://www.marketsandmarkets.com/Market-Reports/propionic-acid-derivatives-market-1079.html

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
MarketsandMarkets

MarketsandMarkets

The dominant producers of propionic acid are BASF SE (Germany), The Dow Chemical Company (U.S.), Perstorp (Sweden), and Eastman Chemical (U.S.), while Niacet Corporation (U.S.) and Macco (Canada) are among the major players of propionates

(PRWEB) March 15, 2014

This report, "Propionic Acid & Derivatives Market By Applications (Animal Feed & Grain Preservatives, Food Preservatives, Herbicides, Cellulose Acetate Propionate) & Geography – Global Trends & Forecasts to 2018”, defines and segments the global propionic acid market with an analysis and forecasting of the global consumption volume.

Browse 90 market data tables and 30 figures spread through 228 pages and in-depth TOC on "Propionic Acid & Derivatives Market – Global Trends & Forecasts to 2018".
http://www.marketsandmarkets.com/Market-Reports/propionic-acid-derivatives-market-1079.html

Early buyers will receive 10% customization on this report.

The global propionic acid & derivatives market is currently dominated by North America and Europe. The demand from the feed & grain preservatives, and food preservatives segments fuelled the growth in these regions. In the coming few years, demand from the emerging countries is likely to increase on the back of rising awareness about the benefits of propionic acid & derivatives for feed and food preservatives.

Propionic acid & derivatives application as preservatives has increased tremendously, as it is considered as one of the best and safest mold and bacteria inhibitor in the animal feed and grain preservative segment. The propionic acid & derivatives demand as preservatives will continue to grow from the developed and emerging markets. However, developing markets’ demand for propionic acid & derivatives will register higher growth compared with the developed markets in the coming five years.

Europe is the largest region, both in terms of volume and value, followed by North America, Asia-Pacific, and Rest of World. The U.S., China, France, Spain, Germany, Italy, and U.K. are likely to remain major markets for propionic acid & derivatives. The major players of propionic acid & derivatives include BASF SE (Germany), The Dow Chemical Company (U.S.), Perstorp (Sweden), Eastman Chemical (U.S.), and Macco Organiques Inc. (Canada).

The growing demand of safe feed & grain preservatives would fuel the future growth of the propionic acid & derivatives market. In addition, the changing lifestyle has led to rising demand to increase the shelf life of food products which will boost the food preservatives’ demand, including propionates.

The propionic acid & derivatives demand in terms of value and volume depicts current and future projections according to the parallel economic and industrial outlook. This analysis covers major developments, expansions, agreements, and mergers & acquisitions of leading global companies.

The current worth of the global propionic acid & derivatives market (2012) is $935.7 million and is estimated to reach $1,608.8 million by 2018, growing at a CAGR of 7.8% from 2013 to 2018. The high demand of feed preservatives, grain preservatives, and food preservatives from across the globe will boost the demand of propionic acid & derivatives.

Browse related reports

Phosphorus & Derivatives Market By Type (Ammonium and Industrial Phosphate, Phosphoric Acid, Phosphorus Chloride and Pentasulfide), and Application (Fertilizer, Detergent, Food, Water Treatment, Flame Retardant) – Global Trends & Forecast to 2018
http://www.marketsandmarkets.com/Market-Reports/phosphorus-derivatives-market-1148.html

Biocides Market by Type (Halogen Compounds, Metallic Compounds, Organosulfurs, Organic Acid, Phenolics), Application (Personal Care, Water Treatment, Wood Preservation, Food & Beverages, Paints & Coatings) - Global Trends & Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/biocides-market-1277.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including agriculture, advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


Contact

Follow us on: Contact's Google Plus