The Global Industrial Grade Propionic Acid Market was valued at USD 1.45 billion in 2023 and is projected to reach USD 2.18 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2023-2030). This growth is driven by expanding applications in food preservation, agricultural chemicals, and pharmaceutical formulations, with additional demand from emerging industrial uses in polymer production and rubber processing.

As global industries increasingly adopt safer chemical solutions, propionic acid manufacturers are focusing on production innovations and capacity expansions. In this blog, we profile the Top 10 Companies in the Industrial Grade Propionic Acid Industry—global chemical leaders and process specialists driving this essential market forward.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High-purity Propionic Acid (99+%), Custom formulations

BASF operates as the market leader with vertically integrated production facilities across Europe, North America, and Asia. The company supplies diverse industries including food processing, agricultural chemicals, and specialty chemicals.

Production Expertise:

• Annual production capacity exceeding 150,000 metric tons
• Innovative closed-loop manufacturing systems
• Specialty grades for pharmaceutical applications

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Global Industrial Grade Propionic Acid Market – View in Detailed Research Report

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9️⃣ 2. The Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Dow Propionic Acid, Technical-grade solutions

Dow combines large-scale production with application expertise, serving North American markets through optimized supply chains and technical support services.

Market Advantages:

• Petrochemical feedstock integration
• Specialized solutions for grain preservation
• Established quality control protocols

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8️⃣ 3. Perstorp Holding AB

Headquarters: Malmö, Sweden
Key Offering: Propionic Acid, PropiPure© series

This specialty chemical company focuses on sustainable production methods and food safety applications, with particular strength in European markets.

Innovation Focus:

• Low-carbon production technology
• Food-grade formulations
• Custom concentration options

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7️⃣ 4. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Eastman™ Propionic Acid, Ester derivatives

Eastman serves diverse industrial sectors with a strong presence in North American markets and growing export capabilities.

Application Expertise:

• PVC stabilizer formulations
• Pharmaceutical intermediates
• Specialty ester production

Download FREE Sample Report:
Global Industrial Grade Propionic Acid Market – View in Detailed Research Report

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6️⃣ 5. Sasol Limited

Headquarters: Johannesburg, South Africa
Key Offering: Propionic Acid, Chemical intermediates

Africa’s chemical leader utilizes Fischer-Tropsch technology to serve regional and global markets through optimized supply chains.

Regional Strengths:

• Strategic African production base
• Competitive feedstock advantages
• Established distribution networks

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5️⃣ 6. BASF-YPC Company Limited

Headquarters: Nanjing, China
Key Offering: Propionic Acid – Asian markets

This joint venture combines BASF’s technology with local market expertise to serve China’s growing chemical industry.

Production Features:

• 100,000+ metric ton annual capacity
• Stringent quality standards
• Regional formulation expertise

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4️⃣ 7. Yancheng Huade Biological Engineering Co., Ltd.

Headquarters: Yancheng, China
Key Offering: Bio-based Propionic Acid

A specialized Chinese producer focusing on sustainable production methods through advanced fermentation technology.

Technical Capabilities:

• Proprietary bio-production methods
• Cost-effective manufacturing
• Emerging export capabilities

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3️⃣ 8. Macco Organiques Inc.

Headquarters: Mumbai, India
Key Offering: MACCO Propionic Acid

India’s leading domestic supplier has expanded production to serve both local industries and export markets.

Market Position:

• Strong FMCG sector relationships
• Competitive regional pricing
• Technical service support

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2️⃣ 9. Shanghai Jianbei Organic Chemical Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Industrial Grade Propionic Acid

A rapidly expanding Chinese manufacturer with growing production capacity for domestic and international markets.

Production Advantages:

• Large-scale facilities
• Quality management systems
• Bulk supply capabilities

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1️⃣ 10. ADDCON GmbH

Headquarters: Bitterfeld, Germany
Key Offering: Formulated Propionic Acid solutions

Specializes in application-specific solutions for feed preservation and industrial applications with technical support services.

Technical Specialization:

• Feed preservation systems
• Custom additive formulations
• Microbial control solutions

Get Full Report Here:
Global Industrial Grade Propionic Acid Market – View in Detailed Research Report

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🌍 Market Outlook: Expanding Industrial Applications

The industrial grade propionic acid market continues evolving with emerging uses complementing traditional applications in food preservation and agriculture.

📈 Key Market Trends:

• Increasing food safety regulations driving preservation demand
• Growth in pharmaceutical intermediate applications
• Developing bio-based production methods
• Expanding polymer and rubber processing uses
• Asia-Pacific market expansion

Get Full Report Here:
Global Industrial Grade Propionic Acid Market – View in Detailed Research Report

The featured companies are driving market evolution through production innovations, application development, and geographic expansion in this essential chemical sector.