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

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

Buy Now

Request Sample

Press Release

Global Propionic Acid Market is Expected to Reach USD 1,540.5

million by 2019 : TMR

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

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...