Prof Research published a new Market report on Propionic acid Market. It presents the largest 7 manufacturers in Propionic acid Market. The report is a professional and in-depth study on the current state of the global Inks market with a focus on the Chinese market. The report provides key statistics on the market of Propionic acid. It is a valuable source of guidance and direction for companies and individuals interested in Propionic acid industry.

    BASF is the largest manufacture of Propionic acid in the world, it has a market share of 28.14% in value. Dow is the second largest manufacture of Propionic acid in the world, it has a market share of 25.93% in value. Eastman is the third largest manufacture of Propionic acid in the world, it has a market share of 14.80% in value. 

    BASF-YPC  is the fouth largest manufacture of Propionic acid in the world, it has a market share of 11.65% in value. As a large petrochemical producer jointly invested by Sinopec and BASF SE (Germany), BASF–YPC Company Limited was founded in Dec., 2000 and started commercial operation since Jun., 2005. Invested with a total of around USD 2.9 billion, its Stage I project began construction since Sep., 2001 and started full commercial operation since Jun., 2005. The company is now operating ten world-scale process plants with 600,000 ton/year Ethylene plant as the centerpiece. The downstream units comprise a 250,000/300,000 ton/year Ethylene Oxide (EO)/Ethylene Glycol plant, a 400,000 ton/year low-density Polyethylene plant, a 250,000 ton/year Oxo-C4-Alcohols plant, a 160,000 ton/year Acrylic Acid and 215,000 ton/year Acrylic Esters plant, a 30,000 ton/year Propionic Acid plant, a 50,000 ton/year Formic Acid plant, a 36,000 ton/year Methylamine plant and a 40,000 ton/year Dimethylformamide plant.