Review Article

Microbial Production of Short Chain Fatty Acids from Lignocellulosic Biomass: Current Processes and Market

Table 5

Global market and prices of propionic acid.

YearProduction3 (t)Price4 (USD/t)Reference

1992[116]
1996[22]
1997[22]
1999[22]
2006

[117]
http://www.marketsandmarkets.com/  
 [118]
20121000[119]
20141500–2000
1600–2300
[120]
http://www.lookchem.com/  
http://www.alibaba.com/

Data are supplied either as actual production from petrochemistry or as production capacity.
4Price is quality and quantity dependent. Free On Board (FOB).
5In 2006, a minor fraction was produced by fermentation and commercialized for food and fragrance manufacturing [117].