Propionic Anhydride (CAS
123-62-6) Market
Propionic Anhydride (CAS 123-62-6) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Propionic Anhydride (CAS 123-62-6) Market Size and Growth
The Propionic Anhydride (CAS 123-62-6) market is experiencing growth, driven by demand in pharmaceuticals, agrochemicals, and food additives. The global market size was valued at approximately $X million in 2023, with projections indicating continued expansion due to increasing industrial applications, particularly in chemical synthesis and production processes.
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Companies Covered
(Covid 19 Impact Covered)
◍ Eastman
◍ Celanese
◍ UPI Chemical
◍ Daicel
◍ Zengrui
◍ Zhonggang
◍ Jinon
The competitive landscape of the Propionic Anhydride market includes key players like Eastman, Celanese, UPI Chemical, Daicel, Zengrui, Zhonggang, and Jinon, which utilize the compound in pharmaceuticals, agrochemicals, and food additives. Their innovations and expansions stimulate market growth. Sales figures include:
- Eastman: $10 billion+
- Celanese: $7 billion+
- Daicel: $4 billion+
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Market Segmentation
By Application
Pharmaceuticals
Spices
Chemical Industry
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By Product
Industrial Grade
Food Grade
Pharmaceutical Grade
Market Growth
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$ X Billion USD
