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
Market Structure
Global Propionic Anhydride Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
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.
The report provides an overview of the global Propionic Anhydride market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Propionic Anhydride and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Propionic Anhydride sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Propionic Anhydride market size, projected growth trends, production technologies, key applications, and end-use industries.
Propionic Anhydride Segment 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
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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: Provides an overview of the Propionic Anhydride market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Propionic Anhydride industry.
Chapter 3: Detailed analysis of Propionic Anhydride market competition landscape. Including Propionic Anhydride manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: Production/Production Value of Propionic Anhydride by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Propionic Anhydride Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Propionic Anhydride Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Propionic Anhydride Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Propionic Anhydride Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Propionic Anhydride Market Dynamics
- 2.1 Propionic Anhydride Industry Trends
- 2.2 Propionic Anhydride Industry Drivers
- 2.3 Propionic Anhydride Industry Opportunities and Challenges
- 2.4 Propionic Anhydride Industry Restraints
3 Propionic Anhydride Market by Manufacturers
- 3.1 Global Propionic Anhydride Production Value by Manufacturers (2021-2026)
- 3.2 Global Propionic Anhydride Production 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 Market Competitive Analysis
- 3.8.1 Global Propionic Anhydride Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Propionic Anhydride Players Market Share by Production Value in 2025
- 3.8.3 2025 Propionic Anhydride Tier 1, Tier 2, and Tier 3
4 Propionic Anhydride Market by Type
- 4.1 Propionic Anhydride Type Introduction
- 4.1.1 Industrial Grade
- 4.1.2 Food Grade
- 4.1.3 Pharmaceutical Grade
- 4.2 Global Propionic Anhydride Production by Type
- 4.2.1 Global Propionic Anhydride Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Propionic Anhydride Production by Type (2021-2032)
- 4.2.3 Global Propionic Anhydride Production Market Share by Type (2021-2032)
- 4.3 Global Propionic Anhydride Production Value by Type
- 4.3.1 Global Propionic Anhydride Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Propionic Anhydride Production Value by Type (2021-2032)
- 4.3.3 Global Propionic Anhydride Production Value Market Share by Type (2021-2032)
5 Propionic Anhydride Market by Application
- 5.1 Propionic Anhydride Application Introduction
- 5.1.1 Pharmaceuticals
- 5.1.2 Spices
- 5.1.3 Chemical Industry
- 5.2 Global Propionic Anhydride Production by Application
- 5.2.1 Global Propionic Anhydride Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Propionic Anhydride Production by Application (2021-2032)
- 5.2.3 Global Propionic Anhydride Production Market Share by Application (2021-2032)
- 5.3 Global Propionic Anhydride Production Value by Application
- 5.3.1 Global Propionic Anhydride Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Propionic Anhydride Production Value by Application (2021-2032)
- 5.3.3 Global Propionic Anhydride Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Eastman
- 6.1.1 Eastman Company Information
- 6.1.2 Eastman Business Overview
- 6.1.3 Eastman Propionic Anhydride Production, Value and Gross Margin (2021-2026)
- 6.1.4 Eastman Propionic Anhydride Product Portfolio
- 6.1.5 Eastman Recent Developments
- 6.2 Celanese
- 6.2.1 Celanese Company Information
- 6.2.2 Celanese Business Overview
- 6.2.3 Celanese Propionic Anhydride Production, Value and Gross Margin (2021-2026)
- 6.2.4 Celanese Propionic Anhydride Product Portfolio
- 6.2.5 Celanese Recent Developments
- 6.3 UPI Chemical
- 6.3.1 UPI Chemical Company Information
- 6.3.2 UPI Chemical Business Overview
- 6.3.3 UPI Chemical Propionic Anhydride Production, Value and Gross Margin (2021-2026)
- 6.3.4 UPI Chemical Propionic Anhydride Product Portfolio
- 6.3.5 UPI Chemical Recent Developments
- 6.4 Daicel
- 6.4.1 Daicel Company Information
- 6.4.2 Daicel Business Overview
- 6.4.3 Daicel Propionic Anhydride Production, Value and Gross Margin (2021-2026)
- 6.4.4 Daicel Propionic Anhydride Product Portfolio
- 6.4.5 Daicel Recent Developments
- 6.5 Zengrui
- 6.5.1 Zengrui Company Information
- 6.5.2 Zengrui Business Overview
- 6.5.3 Zengrui Propionic Anhydride Production, Value and Gross Margin (2021-2026)
- 6.5.4 Zengrui Propionic Anhydride Product Portfolio
- 6.5.5 Zengrui Recent Developments
- 6.6 Zhonggang
- 6.6.1 Zhonggang Company Information
- 6.6.2 Zhonggang Business Overview
- 6.6.3 Zhonggang Propionic Anhydride Production, Value and Gross Margin (2021-2026)
- 6.6.4 Zhonggang Propionic Anhydride Product Portfolio
- 6.6.5 Zhonggang Recent Developments
- 6.7 Jinon
- 6.7.1 Jinon Company Information
- 6.7.2 Jinon Business Overview
- 6.7.3 Jinon Propionic Anhydride Production, Value and Gross Margin (2021-2026)
- 6.7.4 Jinon Propionic Anhydride Product Portfolio
- 6.7.5 Jinon Recent Developments
7 Global Propionic Anhydride Production by Region
- 7.1 Global Propionic Anhydride Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Propionic Anhydride Production by Region (2021-2032)
- 7.2.1 Global Propionic Anhydride Production by Region (2021-2026)
- 7.2.2 Global Propionic Anhydride Production Forecast by Region (2027-2032)
- 7.3 Global Propionic Anhydride Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Propionic Anhydride Production Value by Region (2021-2032)
- 7.4.1 Global Propionic Anhydride Production Value by Region (2021-2026)
- 7.4.2 Global Propionic Anhydride Production Value by Region (2027-2032)
- 7.5 Global Propionic Anhydride Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Propionic Anhydride Production Value (2021-2032)
- 7.6.2 Europe Propionic Anhydride Production Value (2021-2032)
- 7.6.3 Asia-Pacific Propionic Anhydride Production Value (2021-2032)
- 7.6.4 South America Propionic Anhydride Production Value (2021-2032)
- 7.6.5 Middle East & Africa Propionic Anhydride Production Value (2021-2032)
8 Global Propionic Anhydride Consumption by Region
- 8.1 Global Propionic Anhydride Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Propionic Anhydride Consumption by Region (2021-2032)
- 8.2.1 Global Propionic Anhydride Consumption by Region (2021-2026)
- 8.2.2 Global Propionic Anhydride Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Propionic Anhydride Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Propionic Anhydride Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Propionic Anhydride Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Propionic Anhydride Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Propionic Anhydride Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Propionic Anhydride Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Propionic Anhydride Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Propionic Anhydride Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Propionic Anhydride Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Propionic Anhydride Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 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 Manufacturing Cost Structure
- 9.1.4 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 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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