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 Growth & Trends
Global Propionic Anhydride Industry Growth and Trends Forecast to 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.
Report Scope
This report provides a structured, data-driven view of the global Propionic Anhydride market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Propionic Anhydride market size, estimates, and forecasts are presented in terms of sales volume (MT) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Propionic Anhydride market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Propionic Anhydride.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Propionic Anhydride market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Propionic Anhydride manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Propionic Anhydride in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: 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 Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Propionic Anhydride Sales Estimates and Forecasts (2021-2032)
- 1.3 Propionic Anhydride Market by Type
- 1.3.1 Industrial Grade
- 1.3.2 Food Grade
- 1.3.3 Pharmaceutical Grade
- 1.4 Global Propionic Anhydride Market Size by Type
- 1.4.1 Global Propionic Anhydride Market Size Overview by Type (2021-2032)
- 1.4.2 Global Propionic Anhydride Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Propionic Anhydride Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Propionic Anhydride Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Propionic Anhydride Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Propionic Anhydride Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Propionic Anhydride Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Propionic Anhydride Sales Breakdown by Type (2021-2026)
2 Global 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 Market Competitive Landscape by Company
- 3.1 Global Top Players by Propionic Anhydride Revenue (2021-2026)
- 3.2 Global Top Players by Propionic Anhydride Sales (2021-2026)
- 3.3 Global Top Players by Propionic Anhydride Price (2021-2026)
- 3.4 Global Propionic Anhydride Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Propionic Anhydride Major Company Production Sites & Headquarters
- 3.6 Global Propionic Anhydride Company, Product Type & Application
- 3.7 Global Propionic Anhydride Company Establishment 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 Revenue in 2025
- 3.8.3 2025 Propionic Anhydride Tier 1, Tier 2, and Tier 3
4 Propionic Anhydride Regional Status and Outlook
- 4.1 Global Propionic Anhydride Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Propionic Anhydride Historic Market Size by Region
- 4.2.1 Global Propionic Anhydride Sales in Volume by Region (2021-2026)
- 4.2.2 Global Propionic Anhydride Sales in Value by Region (2021-2026)
- 4.2.3 Global Propionic Anhydride Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Propionic Anhydride Forecasted Market Size by Region
- 4.3.1 Global Propionic Anhydride Sales in Volume by Region (2027-2032)
- 4.3.2 Global Propionic Anhydride Sales in Value by Region (2027-2032)
- 4.3.3 Global Propionic Anhydride Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Propionic Anhydride by Application
- 5.1 Propionic Anhydride Market by Application
- 5.1.1 Pharmaceuticals
- 5.1.2 Spices
- 5.1.3 Chemical Industry
- 5.2 Global Propionic Anhydride Market Size by Application
- 5.2.1 Global Propionic Anhydride Market Size Overview by Application (2021-2032)
- 5.2.2 Global Propionic Anhydride Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Propionic Anhydride Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Propionic Anhydride Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Propionic Anhydride Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Propionic Anhydride Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Propionic Anhydride Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Propionic Anhydride Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Eastman
- 6.1.1 Eastman Company Information
- 6.1.2 Eastman Business Overview
- 6.1.3 Eastman Propionic Anhydride Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Jinon Propionic Anhydride Product Portfolio
- 6.7.5 Jinon Recent Developments
7 North America by Country
- 7.1 North America Propionic Anhydride Sales by Country
- 7.1.1 North America Propionic Anhydride Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Propionic Anhydride Sales by Country (2021-2026)
- 7.1.3 North America Propionic Anhydride Sales Forecast by Country (2027-2032)
- 7.2 North America Propionic Anhydride Market Size by Country
- 7.2.1 North America Propionic Anhydride Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Propionic Anhydride Market Size by Country (2021-2026)
- 7.2.3 North America Propionic Anhydride Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Propionic Anhydride Sales by Country
- 8.1.1 Europe Propionic Anhydride Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Propionic Anhydride Sales by Country (2021-2026)
- 8.1.3 Europe Propionic Anhydride Sales Forecast by Country (2027-2032)
- 8.2 Europe Propionic Anhydride Market Size by Country
- 8.2.1 Europe Propionic Anhydride Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Propionic Anhydride Market Size by Country (2021-2026)
- 8.2.3 Europe Propionic Anhydride Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Propionic Anhydride Sales by Country
- 9.1.1 Asia-Pacific Propionic Anhydride Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Propionic Anhydride Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Propionic Anhydride Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Propionic Anhydride Market Size by Country
- 9.2.1 Asia-Pacific Propionic Anhydride Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Propionic Anhydride Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Propionic Anhydride Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Propionic Anhydride Sales by Country
- 10.1.1 South America Propionic Anhydride Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Propionic Anhydride Sales by Country (2021-2026)
- 10.1.3 South America Propionic Anhydride Sales Forecast by Country (2027-2032)
- 10.2 South America Propionic Anhydride Market Size by Country
- 10.2.1 South America Propionic Anhydride Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Propionic Anhydride Market Size by Country (2021-2026)
- 10.2.3 South America Propionic Anhydride Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Propionic Anhydride Sales by Country
- 11.1.1 Middle East and Africa Propionic Anhydride Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Propionic Anhydride Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Propionic Anhydride Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Propionic Anhydride Market Size by Country
- 11.2.1 Middle East and Africa Propionic Anhydride Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Propionic Anhydride Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Propionic Anhydride Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Propionic Anhydride Value Chain Analysis
- 12.1.1 Propionic Anhydride Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Propionic Anhydride Production Mode & Process
- 12.2 Propionic Anhydride Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Propionic Anhydride Distributors
- 12.2.3 Propionic Anhydride Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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