- The major vendors in the Global Propionic Acid and its Derivatives Market 2014-2018 include BASF SE, Dow Chemical Company, Eastman Chemical Company and Perstorp Holding Inc.
London, 03 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Propionic Acid and its Derivatives Market 2014-2018. The increasing amount of money being spent on the R&D process in the Global Propionic Acid and its Derivatives market is one of the major changes witnessed in this market, which is expected to continue during the forecast period because of the need for new innovations in the Global Propionic Acid and its Derivatives market.
“The major players in the market are increasing their spending on research regarding alternate production processes because of reducing margins and the market’s dearth of innovations in technology,” says Faisal Ghaus, Vice President of TechNavio Research.
“To maintain their market shares and gain a competitive edge in the market, the manufacturers have been heavily emphasizing on new innovations.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
