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SOURCE Research and Markets
DUBLIN, Ireland, December 23, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/crcjqh/propionic_acid) has announced the addition of the "2013 Report on the International Propionic Acid & Derivatives Market - Includes Forecasts To 2018" report to their offering.
Propionic acid and derivatives are largely used as feed and food preservatives. It inhibits the growth of molds and bacteria. Propionic acid is also used to make some specialized propionates, such as cellulose acetate propionate (CAP), which is a useful thermoplastic. The other applications of propionic acid and derivatives include herbicides, pharmaceuticals, and solvents. Propionic acid may cause irritation to the human body in case of contact, so various health organizations are involved in continuously monitoring its exposure levels.
The global market for propionic acid and derivatives has grown significantly during the past few years and is expected to grow at a more rapid pace in the next five years, mainly driven by the growing demand from feed preservatives, grain preservatives, and food preservatives. Europe emerged as the largest market of propionic acid and derivatives mostly driven by the ban imposed on the antibiotics in some applications since 2006. The demand for propionic acid and derivatives in the European region is likely to remain healthy due to huge demand for the feed and grain preservatives segment.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Global Propionic Acid Market
6 Propionic Acid & Derivatives Market, By Applications
7 Propionic Acid & Derivatives Market, By Geography
8 Competitive Landscape
9 Company Profiles
For more information visit http://www.researchandmarkets.com/research/crcjqh/propionic_acid
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