| Product Code: ETC4746244 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bhutan`s propionic acid market caters to the food, pharmaceutical, and agricultural sectors. Propionic acid is used as a preservative in food products, a mold inhibitor in animal feed, and in the production of various pharmaceuticals and chemicals. The market is influenced by the rising demand for food preservation solutions, livestock feed additives, and the expanding pharmaceutical industry, which require propionic acid for various applications.
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The propionic acid market in Bhutan is driven by its applications in the food and beverage industry as a preservative, as well as its use in agriculture and chemical manufacturing. The increasing demand for food safety and preservation, along with the growth of the agriculture sector, contributes to the markets expansion. Additionally, the use of propionic acid in producing various chemicals and pharmaceuticals supports its market growth. The development of industrial applications and advancements in production technologies also play a role in driving demand.
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In Bhutan, the propionic acid market is challenged by high production costs, limited availability of raw materials, and regulatory constraints. The market also faces competition from alternative preservatives, which affects demand.
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The Bhutanese government has been supporting the chemical industry, including the production of propionic acid. Policies include providing incentives for local production and reducing import duties on essential raw materials. The government is also investing in research and development to enhance production processes and ensure the quality of propionic acid. Additionally, regulatory measures are in place to ensure environmental and safety standards are met in the production and use of propionic acid. These efforts are aimed at boosting the chemical industry and promoting sustainable production practices.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan Propionic acid Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Propionic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Propionic acid Market - Industry Life Cycle |
3.4 Bhutan Propionic acid Market - Porter's Five Forces |
3.5 Bhutan Propionic acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Bhutan Propionic acid Market Revenues & Volume Share, By End use Industry, 2021 & 2031F |
4 Bhutan Propionic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for propionic acid as a preservative in food and feed industries. |
4.2.2 Growing awareness about the benefits of propionic acid in controlling mold and bacteria in agricultural products. |
4.2.3 Rising focus on animal health and feed quality in Bhutan. |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for propionic acid production in Bhutan. |
4.3.2 Strict regulations and standards for the usage of propionic acid in food and feed applications. |
5 Bhutan Propionic acid Market Trends |
6 Bhutan Propionic acid Market Segmentations |
6.1 Bhutan Propionic acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Propionic acid Market Revenues & Volume, By Herbicides, 2021-2031F |
6.1.3 Bhutan Propionic acid Market Revenues & Volume, By Rubber Products, 2021-2031F |
6.1.4 Bhutan Propionic acid Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Bhutan Propionic acid Market Revenues & Volume, By Food Preservatives, 2021-2031F |
6.1.6 Bhutan Propionic acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bhutan Propionic acid Market, By End use Industry |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Propionic acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Bhutan Propionic acid Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Bhutan Propionic acid Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.5 Bhutan Propionic acid Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.6 Bhutan Propionic acid Market Revenues & Volume, By Others, 2021-2031F |
7 Bhutan Propionic acid Market Import-Export Trade Statistics |
7.1 Bhutan Propionic acid Market Export to Major Countries |
7.2 Bhutan Propionic acid Market Imports from Major Countries |
8 Bhutan Propionic acid Market Key Performance Indicators |
8.1 Average selling price of propionic acid in Bhutan. |
8.2 Adoption rate of propionic acid in the food and feed industries. |
8.3 Number of research and development projects focused on propionic acid applications in Bhutan. |
9 Bhutan Propionic acid Market - Opportunity Assessment |
9.1 Bhutan Propionic acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Bhutan Propionic acid Market Opportunity Assessment, By End use Industry, 2021 & 2031F |
10 Bhutan Propionic acid Market - Competitive Landscape |
10.1 Bhutan Propionic acid Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Propionic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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