Propionic Acid market is Projected to grow at 2.95% CAGR during the period 2017-2021. This report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Market reaserch analysts forecast the global Propionic Acid market to grow at a CAGR of 2.95% during the period 2017-2021.
Propionic acid is a colorless and oily liquid and has an unpleasant and pungent smell. It is completely miscible with water and can also be separated from water by adding salts.
It contains a carboxylic acid group and shows properties similar to carboxylic acid such as the formation of esters, amides, anhydrides, and chloride derivatives.
Salts, esters, and anions of propionic acid are known as propionates. In industrial and commercial applications, widely used propionates are sodium propionates and calcium propionates.
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Covered in this report
The report covers the present scenario and the growth prospects of the global propionic acid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Market reaserch report, Global Propionic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market
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Appendix: List of abbreviations.
Key vendors BASF, The Dow Chemical Company, Eastman Chemical Company, Perstorp, Macco Organiques.
Other prominent vendors ADDCON, A.M Food Chemical, BIOMIN, Holding, Daicel, Hawkins, KEMIN Industries, Krishna Chemicals, Niacet, OXEA, Penta Manufacturing Company.
Market driver Propionic acid in food preservation, For a full, detailed list, view our report.
Market challenge Health hazards due to direct exposure, For a full, detailed list, view our report.
Market trend Growing consumption of processed and packaged food products, For a full, detailed list, view our report.
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