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Propionic Acid Market - Global Industry Analysis, Trends and Forecast, 2013 – 2019

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Transparency Market
Research
Propionic Acid Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013 - 2019

Published Date
12-May-2014

73 Page Report

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Press Release

Global Propionic Acid Market is Expected to Reach USD 1,540.5
million by 2019 : TMR
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Propionic Acid Market

REPORT DESCRIPTION

Propionic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 2019
According to a new market report published by Transparency Market Research “Propionic Acid Market for
Animal Feed & Grain Preservatives, Calcium & Sodium Propionates, Cellulose Acetate Propionate and
Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”,
the global propionic acid market was valued at USD 908.0 million in 2012 and is expected to reach USD
1,540.5 million by 2019, growing at a CAGR of 7.7% over the forecast period from 2013 to 2019. In terms of
volume, the market was valued at 381.7 kilo tons in 2012 and is expected to grow at a CAGR of 2.3% over the
forecast period from 2013 to 2019.
Browse the full Market report at : http://www.transparencymarketresearch.com/propionic-acid-market.html
Growing global food and beverage industry is expected to fuel the preservatives market which in turn is
expected to drive the global propionic acid market. Rising demand from end-use industries in emerging
economies such as Asia Pacific provides huge potential for growth in the propionic acid market. Moreover, the
growing pharmaceutical industry has been contributing to the growth of the market. Additionally, increasing
demand for Vitamin E is expected to create opportunities for the propionic acid market in the near future.
However, market growth may be hampered during the forecast period due to adverse...

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