| Product Code: ETC4746273 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Finland`s propionic acid import market in 2024 saw significant contributions from top exporting countries such as the Netherlands, USA, Canada, Germany, and Sweden. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the market demonstrated steady growth with a compound annual growth rate (CAGR) of 4.03% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -13.49%, indicating a potential shift in market dynamics or external factors impacting the industry.

The propionic acid market in Finland is expanding due to its use as a preservative in the food industry and as a chemical intermediate in various applications. Propionic acid is increasingly in demand in the agriculture and food sectors for preserving grains, as well as in the production of herbicides and pharmaceuticals. The market for propionic acid continues to grow as industries seek efficient preservation and chemical solutions.
The propionic acid market in Finland is expanding due to its applications in the food and feed industry as a preservative, as well as its use in the production of chemicals like herbicides and plastics. The growing demand for natural preservatives and the increasing use of propionic acid in animal feed to prevent mold and bacterial growth are key drivers. Additionally, its role in the production of biodegradable plastics is also contributing to market growth.
The Propionic Acid market in Finland is affected by volatility in the prices of raw materials such as ethylene, which are necessary for production. Moreover, the market is challenged by growing environmental concerns regarding the use of propionic acid in food preservation and the increasing preference for natural and organic preservatives. The need to comply with strict food safety regulations adds complexity to the market.
Government policies in Finland that focus on industrial safety, sustainability, and the reduction of harmful chemicals have a significant influence on the propionic acid market. Propionic acid is used in food preservation, animal feed, and various industrial applications. The Finnish governments commitment to food safety and the use of natural preservatives drives the demand for propionic acid in food applications. Finland`s regulations also promote the development of sustainable production processes, which impacts the way propionic acid is produced and utilized. Policies supporting the reduction of industrial waste and emissions contribute to the adoption of greener production methods in the propionic acid industry.
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 Finland Propionic acid Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Propionic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Propionic acid Market - Industry Life Cycle |
3.4 Finland Propionic acid Market - Porter's Five Forces |
3.5 Finland Propionic acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Finland Propionic acid Market Revenues & Volume Share, By End use Industry, 2021 & 2031F |
4 Finland Propionic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for processed and packaged food products in Finland |
4.2.2 Growing awareness about the benefits of propionic acid in food preservation |
4.2.3 Rising adoption of propionic acid in animal feed industry for improving animal health and productivity |
4.3 Market Restraints |
4.3.1 Stringent regulations and standards regarding the use of propionic acid in food and feed applications |
4.3.2 Fluctuating prices of raw materials used in the production of propionic acid |
5 Finland Propionic acid Market Trends |
6 Finland Propionic acid Market Segmentations |
6.1 Finland Propionic acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Finland Propionic acid Market Revenues & Volume, By Herbicides, 2021-2031F |
6.1.3 Finland Propionic acid Market Revenues & Volume, By Rubber Products, 2021-2031F |
6.1.4 Finland Propionic acid Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Finland Propionic acid Market Revenues & Volume, By Food Preservatives, 2021-2031F |
6.1.6 Finland Propionic acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 Finland Propionic acid Market, By End use Industry |
6.2.1 Overview and Analysis |
6.2.2 Finland Propionic acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Finland Propionic acid Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Finland Propionic acid Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.5 Finland Propionic acid Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.6 Finland Propionic acid Market Revenues & Volume, By Others, 2021-2031F |
7 Finland Propionic acid Market Import-Export Trade Statistics |
7.1 Finland Propionic acid Market Export to Major Countries |
7.2 Finland Propionic acid Market Imports from Major Countries |
8 Finland Propionic acid Market Key Performance Indicators |
8.1 Research and development investment in propionic acid technology |
8.2 Number of new product launches containing propionic acid |
8.3 Adoption rate of propionic acid in different industries |
9 Finland Propionic acid Market - Opportunity Assessment |
9.1 Finland Propionic acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Finland Propionic acid Market Opportunity Assessment, By End use Industry, 2021 & 2031F |
10 Finland Propionic acid Market - Competitive Landscape |
10.1 Finland Propionic acid Market Revenue Share, By Companies, 2024 |
10.2 Finland Propionic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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