Propionic Acid & Derivatives Market Poise $1,622.2 Million in 2018

Topics: Developed country, Acetic acid, Emerging markets Pages: 2 (457 words) Published: January 13, 2014
"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 By Applications (Animal Feed & Grain Preservatives, Food Preservatives, Herbicides, Cellulose Acetate Propionate) & Geography – Global Trends & Forecasts To 2018".

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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...
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