The Fact.MR report offers insight into the competitive dynamic in Propionic acid market which has shaped the major strategies of each player. It also covers recent moves such as partnerships and collaborations, mergers and acquisitions, diversification and research investments, of each prominent player.
The key factors that shape the entry barrier and intensity of competition in Propionic acid market are presented in the analysis. Further, the study provides PESTLE analyses of numerous players and an evaluation of how the competitive landscape will evolve over the forecast period 2018 to 2028
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The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas.
Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.
Propionic acid: Market Segmentation
On the basis of end user, the Propionic acid market has been segmented as –
- Chemical
- Agriculture
- Healthcare
- Personal care
- Food and Beverages
On the basis of application, the Propionic acid market has been segmented as –
- Food preservation and food additive
- Production of Cellulose acetate propionate
- Chemical intermediate for herbicides, pharmaceuticals, dyes, textile and rubber products, plastics, plasticizers etc.
On the basis of grade, the Propionic acid market has been segmented as –
- Biotech/Analytical(high purity)
- Technical(low purity)
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Propionic acid Market: Key Players
Some of the key players operating in the global Propionic acid market are BASF-SE, The Dow chemical company, Mitsubishi chemical holding, Eastman Chemical Company, The Perstorp Group, Hawkins, Inc., and Macco Organiques Inc, Linde AG
Key Developments in propionic acid market:
- In June 1, 2017 BASF and SINOPEC expanded capacity for propionic acid in Nanjing, China. The expansion is due to growing demand for food and feed preservation which improves the shelf life of the product
- In December 11, 2017 Dow Industrial Solutions, a business unit of The Dow Chemical Company, announced plans to expand its propionic acid facility in Texas City, to meet the rising global demands
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Key Data Points Covered in the Report –
Some of the key data points covered in our report on include:
- An overview of the market, including background and evolution
- Macroeconomic factors affecting the market and its potential
- Market dynamics, such as drivers, challenges and trends
- Detailed value chain analysis of the propionic acid market
- Cost structure of the products and segments covered in the study
- In-depth pricing analysis, by key product segments, regions and by major participants of propionic acid market
- Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario of propionic acid
- Analysis of the market structure, including a tier-wise categorization of key market participants of propionic acid
- Competitive landscape of the market, including detailed profiles of the top players in propionic acid market
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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast.
Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.
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- In-depth understanding of key industry trends shaping the present growth dynamics
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