APO RESEARCH · REPORT
Propionic Anhydride
Propionic Anhydride (CAS 123-62-6) is an organic compound with the formula (CH3CH2CO)2O. This simple acid anhydride is a colourless liquid. It is a widely used reagent in organic synthesis.
Product & engineering
Understand the product.
Propionic Anhydride (CAS 123-62-6) is an organic compound with the formula (CH3CH2CO)2O. This simple acid anhydride is a colourless liquid. It is a widely used reagent in organic synthesis.
Propionic Anhydride is a colorless liquid having a pungent odor and high boiling point. It is soluble in alcohol, ether, chloroform, and alkalies, but decomposes in water.
Propionic anhydride is used chiefly as an acylating agent, e.g. as a raw material for dyes, pharmaceuticals, agrochemicals and fragrance chemicals. Propionic anhydride is also used for the production of cellulose acetate propionate.
Selected research
Industry Research
Propionic Anhydride Industry Research Report 2026
Market perspective
Propionic Anhydride (CAS 123-62-6) is an organic compound with the formula (CH3CH2CO)2O. This simple acid anhydride is a colourless liquid. It is a widely used reagent in organic synthesis.
Propionic Anhydride is a colorless liquid having a pungent odor and high boiling point. It is soluble in alcohol, ether, chloroform, and alkalies, but decomposes in water.
Propionic anhydride is used chiefly as an acylating agent, e.g. as a raw material for dyes, pharmaceuticals, agrochemicals and fragrance chemicals. Propionic anhydride is also used for the production of cellulose acetate propionate.
Read the full market overview
The market for Propionic Anhydride is highly concentrated. Key market players include Eastman, Celanese, UPI Chemical and Daicel, with about 73% market shares. The global Propionic Anhydride market is led by Europe and USA. USA is the largest regional market accounting for over 50% of global Propionic Anhydride market demand. In the world, the consumption areas of Propionic Anhydride are mainly Spices and Chemical Industry.
Report Scope
This report quantifies the global Propionic Anhydride market in revenue (US$ million) and, where applicable, sales volume (MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Propionic Anhydride.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Propionic Anhydride Market by Company
Eastman
Celanese
UPI Chemical
Daicel
Zengrui
Zhonggang
Jinon
Propionic Anhydride Segment by Type
Industrial Grade
Food Grade
Pharmaceutical Grade
Propionic Anhydride Segment by Application
Pharmaceuticals
Spices
Chemical Industry
Propionic Anhydride Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Propionic Anhydride market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Propionic Anhydride and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Propionic Anhydride.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Propionic Anhydride manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Propionic Anhydride by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Propionic Anhydride in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Industrial Grade
- Food Grade
- Pharmaceutical Grade
Applications
- Pharmaceuticals
- Spices
- Chemical Industry
Companies covered
- Eastman
- Celanese
- UPI Chemical
- Daicel
- Zengrui
- Zhonggang
- Jinon
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Propionic Anhydride by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Industrial Grade
- 2.2.3 Food Grade
- 2.2.4 Pharmaceutical Grade
- 2.3 Propionic Anhydride by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Pharmaceuticals
- 2.3.3 Spices
- 2.3.4 Chemical Industry
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Propionic Anhydride Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Propionic Anhydride Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Propionic Anhydride Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Propionic Anhydride Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Propionic Anhydride Production by Manufacturers (2021-2026)
- 3.2 Global Propionic Anhydride Production Value by Manufacturers (2021-2026)
- 3.3 Global Propionic Anhydride Average Price by Manufacturers (2021-2026)
- 3.4 Global Propionic Anhydride Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Propionic Anhydride Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Propionic Anhydride Manufacturers, Product Type & Application
- 3.7 Global Propionic Anhydride Manufacturers Established Date
- 3.8 Global Propionic Anhydride Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Eastman
- 4.1.1 Eastman Propionic Anhydride Company Information
- 4.1.2 Eastman Propionic Anhydride Business Overview
- 4.1.3 Eastman Propionic Anhydride Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Eastman Product Portfolio
- 4.1.5 Eastman Recent Developments
- 4.2 Celanese
- 4.2.1 Celanese Propionic Anhydride Company Information
- 4.2.2 Celanese Propionic Anhydride Business Overview
- 4.2.3 Celanese Propionic Anhydride Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Celanese Product Portfolio
- 4.2.5 Celanese Recent Developments
- 4.3 UPI Chemical
- 4.3.1 UPI Chemical Propionic Anhydride Company Information
- 4.3.2 UPI Chemical Propionic Anhydride Business Overview
- 4.3.3 UPI Chemical Propionic Anhydride Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 UPI Chemical Product Portfolio
- 4.3.5 UPI Chemical Recent Developments
- 4.4 Daicel
- 4.4.1 Daicel Propionic Anhydride Company Information
- 4.4.2 Daicel Propionic Anhydride Business Overview
- 4.4.3 Daicel Propionic Anhydride Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Daicel Product Portfolio
- 4.4.5 Daicel Recent Developments
- 4.5 Zengrui
- 4.5.1 Zengrui Propionic Anhydride Company Information
- 4.5.2 Zengrui Propionic Anhydride Business Overview
- 4.5.3 Zengrui Propionic Anhydride Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Zengrui Product Portfolio
- 4.5.5 Zengrui Recent Developments
- 4.6 Zhonggang
- 4.6.1 Zhonggang Propionic Anhydride Company Information
- 4.6.2 Zhonggang Propionic Anhydride Business Overview
- 4.6.3 Zhonggang Propionic Anhydride Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Zhonggang Product Portfolio
- 4.6.5 Zhonggang Recent Developments
- 4.7 Jinon
- 4.7.1 Jinon Propionic Anhydride Company Information
- 4.7.2 Jinon Propionic Anhydride Business Overview
- 4.7.3 Jinon Propionic Anhydride Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Jinon Product Portfolio
- 4.7.5 Jinon Recent Developments
5 Global Propionic Anhydride Production by Region
- 5.1 Global Propionic Anhydride Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Propionic Anhydride Production by Region: 2021-2032
- 5.2.1 Global Propionic Anhydride Production by Region: 2021-2026
- 5.2.2 Global Propionic Anhydride Production Forecast by Region (2027-2032)
- 5.3 Global Propionic Anhydride Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Propionic Anhydride Production Value by Region: 2021-2032
- 5.4.1 Global Propionic Anhydride Production Value by Region: 2021-2026
- 5.4.2 Global Propionic Anhydride Production Value Forecast by Region (2027-2032)
- 5.5 Global Propionic Anhydride Market Price Analysis by Region (2021-2026)
- 5.6 Global Propionic Anhydride Production and Value, YOY Growth
- 5.6.1 North America Propionic Anhydride Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Propionic Anhydride Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Propionic Anhydride Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Propionic Anhydride Production Value Estimates and Forecasts (2021-2032)
6 Global Propionic Anhydride Consumption by Region
- 6.1 Global Propionic Anhydride Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Propionic Anhydride Consumption by Region (2021-2032)
- 6.2.1 Global Propionic Anhydride Consumption by Region: 2021-2026
- 6.2.2 Global Propionic Anhydride Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Propionic Anhydride Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Propionic Anhydride Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Propionic Anhydride Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Propionic Anhydride Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Propionic Anhydride Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Propionic Anhydride Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Propionic Anhydride Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Propionic Anhydride Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Propionic Anhydride Production by Type (2021-2032)
- 7.1.1 Global Propionic Anhydride Production by Type (2021-2032) & (MT)
- 7.1.2 Global Propionic Anhydride Production Market Share by Type (2021-2032)
- 7.2 Global Propionic Anhydride Production Value by Type (2021-2032)
- 7.2.1 Global Propionic Anhydride Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Propionic Anhydride Production Value Market Share by Type (2021-2032)
- 7.3 Global Propionic Anhydride Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Propionic Anhydride Production by Application (2021-2032)
- 8.1.1 Global Propionic Anhydride Production by Application (2021-2032) & (MT)
- 8.1.2 Global Propionic Anhydride Production Market Share by Application (2021-2032)
- 8.2 Global Propionic Anhydride Production Value by Application (2021-2032)
- 8.2.1 Global Propionic Anhydride Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Propionic Anhydride Production Value Market Share by Application (2021-2032)
- 8.3 Global Propionic Anhydride Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Propionic Anhydride Value Chain Analysis
- 9.1.1 Propionic Anhydride Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Propionic Anhydride Production Mode & Process
- 9.2 Propionic Anhydride Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Propionic Anhydride Distributors
- 9.2.3 Propionic Anhydride Customers
10 Global Propionic Anhydride Analyzing Market Dynamics
- 10.1 Propionic Anhydride Industry Trends
- 10.2 Propionic Anhydride Industry Drivers
- 10.3 Propionic Anhydride Industry Opportunities and Challenges
- 10.4 Propionic Anhydride Industry Restraints
11 Report Conclusion
12 Disclaimer
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