Global Propionic Anhydride Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Propionic Anhydride Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Industrial Grade
- 1.3.3 Food Grade
- 1.3.4 Pharmaceutical Grade
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Propionic Anhydride Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Pharmaceuticals
- 1.4.3 Spices
- 1.4.4 Chemical Industry
- 1.5 Global Propionic Anhydride Market Size & Forecast
- 1.5.1 Global Propionic Anhydride Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Propionic Anhydride Sales Quantity (2020-2031)
- 1.5.3 Global Propionic Anhydride Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 Eastman
- 2.1.1 Eastman Details
- 2.1.2 Eastman Major Business
- 2.1.3 Eastman Propionic Anhydride Product and Services
- 2.1.4 Eastman Propionic Anhydride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 Eastman Recent Developments/Updates
- 2.2 Celanese
- 2.2.1 Celanese Details
- 2.2.2 Celanese Major Business
- 2.2.3 Celanese Propionic Anhydride Product and Services
- 2.2.4 Celanese Propionic Anhydride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Celanese Recent Developments/Updates
- 2.3 UPI Chemical
- 2.3.1 UPI Chemical Details
- 2.3.2 UPI Chemical Major Business
- 2.3.3 UPI Chemical Propionic Anhydride Product and Services
- 2.3.4 UPI Chemical Propionic Anhydride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 UPI Chemical Recent Developments/Updates
- 2.4 Daicel
- 2.4.1 Daicel Details
- 2.4.2 Daicel Major Business
- 2.4.3 Daicel Propionic Anhydride Product and Services
- 2.4.4 Daicel Propionic Anhydride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Daicel Recent Developments/Updates
- 2.5 Zengrui
- 2.5.1 Zengrui Details
- 2.5.2 Zengrui Major Business
- 2.5.3 Zengrui Propionic Anhydride Product and Services
- 2.5.4 Zengrui Propionic Anhydride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 Zengrui Recent Developments/Updates
- 2.6 Zhonggang
- 2.6.1 Zhonggang Details
- 2.6.2 Zhonggang Major Business
- 2.6.3 Zhonggang Propionic Anhydride Product and Services
- 2.6.4 Zhonggang Propionic Anhydride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Zhonggang Recent Developments/Updates
- 2.7 Jinon
- 2.7.1 Jinon Details
- 2.7.2 Jinon Major Business
- 2.7.3 Jinon Propionic Anhydride Product and Services
- 2.7.4 Jinon Propionic Anhydride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Jinon Recent Developments/Updates
3 Competitive Environment: Propionic Anhydride by Manufacturer
- 3.1 Global Propionic Anhydride Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Propionic Anhydride Revenue by Manufacturer (2020-2025)
- 3.3 Global Propionic Anhydride Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Propionic Anhydride by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Propionic Anhydride Manufacturer Market Share in 2024
- 3.4.3 Top 6 Propionic Anhydride Manufacturer Market Share in 2024
- 3.5 Propionic Anhydride Market: Overall Company Footprint Analysis
- 3.5.1 Propionic Anhydride Market: Region Footprint
- 3.5.2 Propionic Anhydride Market: Company Product Type Footprint
- 3.5.3 Propionic Anhydride Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Propionic Anhydride Market Size by Region
- 4.1.1 Global Propionic Anhydride Sales Quantity by Region (2020-2031)
- 4.1.2 Global Propionic Anhydride Consumption Value by Region (2020-2031)
- 4.1.3 Global Propionic Anhydride Average Price by Region (2020-2031)
- 4.2 North America Propionic Anhydride Consumption Value (2020-2031)
- 4.3 Europe Propionic Anhydride Consumption Value (2020-2031)
- 4.4 Asia-Pacific Propionic Anhydride Consumption Value (2020-2031)
- 4.5 South America Propionic Anhydride Consumption Value (2020-2031)
- 4.6 Middle East & Africa Propionic Anhydride Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Propionic Anhydride Sales Quantity by Type (2020-2031)
- 5.2 Global Propionic Anhydride Consumption Value by Type (2020-2031)
- 5.3 Global Propionic Anhydride Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Propionic Anhydride Sales Quantity by Application (2020-2031)
- 6.2 Global Propionic Anhydride Consumption Value by Application (2020-2031)
- 6.3 Global Propionic Anhydride Average Price by Application (2020-2031)
7 North America
- 7.1 North America Propionic Anhydride Sales Quantity by Type (2020-2031)
- 7.2 North America Propionic Anhydride Sales Quantity by Application (2020-2031)
- 7.3 North America Propionic Anhydride Market Size by Country
- 7.3.1 North America Propionic Anhydride Sales Quantity by Country (2020-2031)
- 7.3.2 North America Propionic Anhydride Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Propionic Anhydride Sales Quantity by Type (2020-2031)
- 8.2 Europe Propionic Anhydride Sales Quantity by Application (2020-2031)
- 8.3 Europe Propionic Anhydride Market Size by Country
- 8.3.1 Europe Propionic Anhydride Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Propionic Anhydride Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Propionic Anhydride Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Propionic Anhydride Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Propionic Anhydride Market Size by Region
- 9.3.1 Asia-Pacific Propionic Anhydride Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Propionic Anhydride Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Propionic Anhydride Sales Quantity by Type (2020-2031)
- 10.2 South America Propionic Anhydride Sales Quantity by Application (2020-2031)
- 10.3 South America Propionic Anhydride Market Size by Country
- 10.3.1 South America Propionic Anhydride Sales Quantity by Country (2020-2031)
- 10.3.2 South America Propionic Anhydride Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Propionic Anhydride Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Propionic Anhydride Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Propionic Anhydride Market Size by Country
- 11.3.1 Middle East & Africa Propionic Anhydride Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Propionic Anhydride Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Propionic Anhydride Market Drivers
- 12.2 Propionic Anhydride Market Restraints
- 12.3 Propionic Anhydride Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Propionic Anhydride and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Propionic Anhydride
- 13.3 Propionic Anhydride Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Propionic Anhydride Typical Distributors
- 14.3 Propionic Anhydride Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Propionic Anhydride market size was valued at US$ 97 million in 2024 and is forecast to a readjusted size of USD 120 million by 2031 with a CAGR of 3.2% during review period.
Propionic Anhydride (CAS 123-62-6) is an organic compound with the formula (CH3CH2CO)2O. This simple acid anhydride is a colourless liquid. It is a widely used reagent in organic synthesis.
Propionic Anhydride is a colorless liquid having a pungent odor and high boiling point. It is soluble in alcohol, ether, chloroform, and alkalies, but decomposes in water.
Propionic anhydride is used chiefly as an acylating agent, e.g. as a raw material for dyes, pharmaceuticals, agrochemicals and fragrance chemicals. Propionic anhydride is also used for the production of cellulose acetate propionate.
The market for Propionic Anhydride is highly concentrated. Key market players include Eastman, Celanese, UPI Chemical and Daicel, with about 73% market shares. The global Propionic Anhydride market is led by Europe and USA. USA is the largest regional market accounting for over 50% of global Propionic Anhydride market demand. In the world, the consumption areas of Propionic Anhydride are mainly Spices and Chemical Industry.
This report is a detailed and comprehensive analysis for global Propionic Anhydride market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Propionic Anhydride market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031
Global Propionic Anhydride market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031
Global Propionic Anhydride market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031
Global Propionic Anhydride market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Propionic Anhydride
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Propionic Anhydride market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Eastman, Celanese, UPI Chemical, Daicel, Zengrui, Zhonggang, Jinon, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Propionic Anhydride market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Industrial Grade
Food Grade
Pharmaceutical Grade
Market segment by Application
Pharmaceuticals
Spices
Chemical Industry
Major players covered
Eastman
Celanese
UPI Chemical
Daicel
Zengrui
Zhonggang
Jinon
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Propionic Anhydride product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Propionic Anhydride, with price, sales quantity, revenue, and global market share of Propionic Anhydride from 2020 to 2025.
Chapter 3, the Propionic Anhydride competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Propionic Anhydride breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Propionic Anhydride market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Propionic Anhydride.
Chapter 14 and 15, to describe Propionic Anhydride sales channel, distributors, customers, research findings and conclusion.