The Global High Purity Propionic Acid Market was valued at USD 1.2 Billion in 2023 and is projected to reach USD 1.7 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2023–2030). This growth is driven by increasing demand from food preservatives, agricultural applications, and pharmaceutical sectors, along with stringent regulations favoring high purity grades in chemical manufacturing.

As industries shift toward sustainable and high-performance chemical solutions, propionic acid producers are investing in advanced production technologies and capacity expansions. In this analysis, we examine the Top 10 Companies in the High Purity Propionic Acid Industry—key players shaping product innovation, global supply chains, and specialty applications.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High purity propionic acid (99.5%+) for food, feed, pharmaceuticals

BASF leads the global propionic acid market with integrated production facilities and advanced purification technologies. Their high-purity grades meet stringent industry standards for food preservation and pharmaceutical applications.

Innovation Highlights:

• Invested EUR 200M in European capacity expansion (2023)

• Pioneered low-carbon production methods

• Patented stabilization technologies for extended shelf life

Download FREE Sample Report: High Purity Propionic Acid Market – View in Detailed Research Report

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9️⃣ 2. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: USP/FCC grade propionic acid, customized purity solutions

Dow’s expertise in chemical process engineering enables production of ultra-high purity propionic acid (≥99.9%) for critical applications in food safety and pharmaceutical synthesis.

Innovation Highlights:

• Proprietary distillation technologies for impurity removal

• Strategic partnerships with major food preservative manufacturers

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8️⃣ 3. Perstorp Holding AB

Headquarters: Malmö, Sweden
Key Offering: Sustainable propionic acid solutions under the Provi-Safe™ brand

Perstorp specializes in bio-based and high purity propionic acid variants, with strong market penetration in European food preservation applications.

Innovation Highlights:

• World’s first ISCC+ certified bio-propionic acid production

• Closed-loop production systems minimizing environmental impact

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7️⃣ 4. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Crystal-clear high purity propionic acid (≥99.7%)

Eastman’s propionic acid division serves demanding applications in cellulose acetate production and specialty esters, with stringent quality control exceeding industry standards.

Innovation Highlights:

• Ultra-filtration systems ensuring consistent purity

• Dedicated pharmaceutical-grade production lines

Download FREE Sample Report: High Purity Propionic Acid Market – View in Detailed Research Report

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6️⃣ 5. Sasol Limited

Headquarters: Johannesburg, South Africa
Key Offering: High purity propionic acid for African and Middle Eastern markets

Sasol’s integrated chemical operations produce propionic acid meeting international pharmacopoeia standards, with growing exports to emerging markets.

Innovation Highlights:

• Localized production reducing import dependence

• Tailored solutions for tropical climate preservation needs

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5️⃣ 6. BASF-YPC Company Limited

Headquarters: Nanjing, China
Key Offering: Cost-competitive high purity propionic acid for Asian markets

This BASF joint venture combines German technology with local manufacturing advantages to serve China’s growing demand for food-grade preservatives.

Innovation Highlights:

• Annual capacity of 150,000 metric tons

• Streamlined logistics for regional customers

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

Headquarters: Jiangsu, China
Key Offering: Pharmaceutical and food grade propionic acid

As China’s largest independent producer, Yancheng Huade supplies over 30% of domestic high purity propionic acid demand with competitive pricing.

Innovation Highlights:

• Continuous process optimization reducing production costs

• Expanding GMP-compliant production facilities

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3️⃣ 8. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Ultra-high purity propionic acid for electronics applications

Celanese produces semiconductor-grade propionic acid used in wafer cleaning and photoresist removal processes for advanced chip manufacturing.

Innovation Highlights:

• Purity levels reaching 99.99% for electronics industry

• Stringent metal contamination controls

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2️⃣ 9. Macco Organiques Inc.

Headquarters: Orissa, India
Key Offering: High purity propionic acid for pharmaceutical intermediates

Macco is India’s leading producer, supplying domestic pharmaceutical companies with propionic acid meeting USP and EP monograph requirements.

Innovation Highlights:

• First Indian company to achieve cGMP certification

• Specialized packaging for moisture-sensitive applications

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1️⃣ 10. A.M. Food Chemical Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Food preservative-grade propionic acid solutions

A.M. Food Chemical specializes in preservative blends incorporating high purity propionic acid, serving global bakery and animal feed producers.

Innovation Highlights:

• Custom formulation services

• Stable supply chain serving 50+ countries

Get Full Report Here: High Purity Propionic Acid Market – View in Detailed Research Report

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🧪 Outlook: The Future of High Purity Propionic Acid Is Specialized and Sustainable

The high purity propionic acid market is experiencing transformation as regulatory standards tighten and end-users demand more specialized formulations. Leading producers are responding with technological advancements and sustainability initiatives.

📈 Key Trends Shaping the Market:

• Increasing adoption in pharmaceutical syntheses and vaccine production

• Development of bio-based production routes to reduce carbon footprint

• Emerging applications in cosmetics and personal care preservation

• Integration of digital quality control systems in manufacturing

Get Full Report Here: High Purity Propionic Acid Market – View in Detailed Research Report

The companies profiled above represent the vanguard of propionic acid innovation—delivering purity, performance, and sustainability to global industries.