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Propionic acid is a chemical compound used in a variety of industries, including food, pharmaceuticals, and agriculture. It is a colorless, volatile liquid with a pungent odor and is produced by the fermentation of carbohydrates. It is used as a preservative in food products, as a flavoring agent, and as an intermediate in the production of other chemicals. In the pharmaceutical industry, it is used as an antifungal agent and as a preservative in ointments and creams. In agriculture, it is used as a fungicide and as a preservative for animal feed.
Propionic acid is produced by the fermentation of carbohydrates, such as glucose, sucrose, and lactose. It is also produced synthetically from propylene, a by-product of the petroleum industry. The global propionic acid market is expected to grow at a steady rate due to its increasing use in various industries.
Some of the major companies in the propionic acid market include BASF SE, DowDuPont, Eastman Chemical Company, Mitsubishi Chemical Corporation, and Solvay SA. Show Less Read more