|By Marketwired .||
|July 15, 2014 10:00 AM EDT||
DUBLIN, IRELAND -- (Marketwired) -- 07/15/14 -- Research and Markets (http://www.researchandmarkets.com/research/7ktk6h/propionic_acid) has announced the addition of the "Global Propionic Acid Market 2013-2019: Animal Feed and Grain Preservatives/Calcium and Sodium Propionates/Cellulose Acetate Propionate/Herbicides" report to their offering.
Propionic acid (CH3CH2COOH) is a naturally occurring carboxylic acid. It is a colorless oily liquid with pungent odor. Propionic acid is miscible in water. It is used to manufacture a number of salts and esters, and flavoring agents. It is also used in food. Propionic acid is used mainly as a preservative for both animal feed and food for humans. Its primary function is to inhibit the growth of bacteria and molds that thrive on crops and agricultural yields.
Increasing demand from animal feed and grain preservative sectors is expected to be a key driving factor for the propionic acid market. Furthermore, rising demand for flavoring agents from end-use industries due to growth in food industry, and from plastic industry for thermoplastics is anticipated to boost the market for propionic acid. Environmental concerns regarding the role of herbicides in air and water pollution may hamper demand for propionic acid. Furthermore, the adverse effect on human health, including genetic changes, tumors and skin irritation, is estimated to be a restraint for the propionic acid market.Propionic acid is used in host of applications in various industries including pharmaceutical industry. Rising demand from the pharmaceutical industry in production of solvents and non-steroidal anti-inflammatory drugs is expected to fuel demand for propionic acid globally. Increasing demand for Vitamin E to improve the quality of poultry feed and as key ingredient to manufacture skin creams, hairspray and other personal care products is expected to open up opportunities for the propionic acid market in the near future.
Propionic acid is primarily used to control the growth of fungi and bacteria in stored hay, grains, poultry litter among others. The major applications of propionic acid include animal feed and grain preservatives, Cellulose Acetate Propionate (CAP), calcium and sodium propionates and herbicides among others. Animal feed and grain preservatives protect feed and grains from bacteria and molds. CAP is a free flowing, low odor powder that has its applications in printing inks and personal care products. CAP application segment accounted for around 9% of the total revenue generated by the propionic acid market in 2012.
Europe is the largest market growing at a CAGR of 2.1% in terms of volume from 2013 to 2019. The ban imposed on antibiotic and few other applications increased demand for propionic acid in Europe. However, the market is anticipated to experience steady growth in the near future as emerging economies are contributing to rising demand for propionic acid. Europe was followed by North America with 29.8% of the total propionic acid volume consumed in 2012. Emerging economies are expected to fuel the demand for propionic acid owing to growth trends in end use industries. However, Asia Pacific is expected to be the fastest growing market at a CAGR of 2.9% in terms of volume demand from 2013 to 2019.
The major players producing propionic acid include, BASF SE, The Dow Chemical Company, Perstorp Holding GmbH, Biomin Holdings GmbH and Eastman Chemical Company among others. These manufacturers exhibit high level of integration across value chain of propionic acid and are engaged in the manufacturing of propionic acid as well as it raw materials. This helps them overcome the dependence on other companies for raw materials. Some propionic acid manufacturers are forward integrated as well and supply propionic acid and products to various end-user industries. Most of the companies distribute their products through their own distribution network and few companies avail services of third party distributors and supply contracts.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Propionic Acid: Global Industry Analysis
Chapter 4 Propionic Acid Market - Application Analysis
Chapter 5 Propionic Acid Market: Regional Analysis
Chapter 6 Company Profiles
-- A.M Food Chemical Co., Ltd. -- BASF SE -- Biomin Holding GmbH -- Celanese Corporation -- Daicel Corporation -- Eastman Chemical Company -- Perstorp Holding AB -- Prathista Industries Ltd -- The Dow Chemical Company
For more information visit http://www.researchandmarkets.com/research/7ktk6h/propionic_acid
Sector: Process and Materials
Over 400 of the Fortune 500 buy their research from Research and Markets. Some of our clients in the area of Process and Materials include:
-- BASF SE -- Nike, Inc -- E. I. du Pont de Nemours and Company (DuPont) -- The China National Publications Import & Export Corporation (CNPIEC) -- Lenzing AG -- Exxon Mobil Corp. -- Bayer AG -- Honeywell International, Inc. -- Bio Springer -- Poyry -- Evonik Industries -- SABIC -- SI Group -- Osaka Gas Chemicals Group -- Gowan Company LLC -- The Lubrizol Corporation -- Koppers Inc.
Research and Markets
Laura Wood, Senior Manager
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company...
May. 3, 2015 03:00 PM EDT Reads: 948
Enterprise IoT is an exciting and chaotic space with a lot of potential to transform how the enterprise resources are managed. In his session at @ThingsExpo, Hari Srinivasan, Sr Product Manager at Cisco, will describe the challenges in enabling mass adoption of IoT, and share perspectives and insights on architectures/standards/protocols that are necessary to build a healthy ecosystem and lay the foundation to for a wide variety of exciting IoT use cases in the years to come.
May. 3, 2015 03:00 PM EDT Reads: 1,126
SYS-CON Events announced today that CenturyLink, Inc., a leader in the network services market, has been named “Platinum Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. CenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company is a global leader in cloud infrastructure and ...
May. 3, 2015 02:30 PM EDT Reads: 1,048
Docker is becoming very popular--we are seeing every major private and public cloud vendor racing to adopt it. It promises portability and interoperability, and is quickly becoming the currency of the Cloud. In his session at DevOps Summit, Bart Copeland, CEO of ActiveState, discussed why Docker is so important to the future of the cloud, but will also take a step back and show that Docker is actually only one piece of the puzzle. Copeland will outline the bigger picture of where Docker fits a...
May. 3, 2015 02:15 PM EDT Reads: 5,132
SYS-CON Events announced today the DevOps Foundation Certification Course, being held June ?, 2015, in conjunction with DevOps Summit and 16th Cloud Expo at the Javits Center in New York City, NY. This sixteen (16) hour course provides an introduction to DevOps – the cultural and professional movement that stresses communication, collaboration, integration and automation in order to improve the flow of work between software developers and IT operations professionals. Improved workflows will res...
May. 3, 2015 12:30 PM EDT Reads: 3,207
As cloud gives an opportunity to businesses to buy services externally – how is cloud impacting your customers? In his General Session at 15th Cloud Expo, Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, provided answers to big questions: Do you see hybrid cloud as where the world is going? What benefits does it bring? And how does Cisco connect all of these clouds? He also discussed Intercloud and Cisco’s investment on it.
May. 3, 2015 12:00 PM EDT Reads: 4,982
SYS-CON Events announced today that B2Cloud, a provider of enterprise resource planning software, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. B2cloud develops the software you need. They have the ideal tools to help you work with your clients. B2Cloud’s main solutions include AGIS – ERP, CLOHC, AGIS – Invoice, and IZUM
May. 3, 2015 12:00 PM EDT Reads: 4,347
Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 16th Cloud Expo at the Javits Center in New York June 9-11 will find fresh new content in a new track called PaaS | Containers & Microservices Containers are not being considered for the first time by the cloud community, but a current era of re-consideration has pushed them to the top of the cloud agenda. With the launch ...
May. 3, 2015 12:00 PM EDT Reads: 3,689
A new definition of Big Data & the practical applications of the defined components & associated technical architecture models This presentation introduces a new definition of Big Data, along with the practical applications of the defined components and associated technical architecture models. In his session at Big Data Expo, Tony Shan will start with looking into the concept of Big Data and tracing back the first definition by Doug Laney, and then he will dive deep into the description of 3V...
May. 3, 2015 12:00 PM EDT Reads: 944
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY., and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides private all-in-one social intranets allowing workers to securely collaborate from anywhere in the world and from any device. Social, mobile, and eas...
May. 3, 2015 11:00 AM EDT Reads: 4,275
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
May. 3, 2015 11:00 AM EDT Reads: 5,565
The world's leading Cloud event, Cloud Expo has launched Microservices Journal on the SYS-CON.com portal, featuring over 19,000 original articles, news stories, features, and blog entries. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. Microservices Journal offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Follow new article posts on T...
May. 3, 2015 11:00 AM EDT Reads: 2,788
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
May. 3, 2015 10:45 AM EDT Reads: 4,186
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
May. 3, 2015 10:30 AM EDT Reads: 5,201
There are 182 billion emails sent every day, generating a lot of data about how recipients and ISPs respond. Many marketers take a more-is-better approach to stats, preferring to have the ability to slice and dice their email lists based numerous arbitrary stats. However, fundamentally what really matters is whether or not sending an email to a particular recipient will generate value. Data Scientists can design high-level insights such as engagement prediction models and content clusters that a...
May. 3, 2015 10:15 AM EDT Reads: 4,268