+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Results for tag: "Bio Based Propylene Glycol"

Global Market for Propylene Glycol - Forecast and Analysis 2023 - Product Thumbnail Image

Global Market for Propylene Glycol - Forecast and Analysis 2023

  • Report
  • September 2023
  • 295 Pages
  • Global
From
Loading Indicator

Bio-based propylene glycol, also known as bio-PG, is an organic compound produced from renewable resources such as glycerol derived from biodiesel production or other vegetable sources instead of the traditional petroleum-based feedstock. In the context of plastics, bio-based propylene glycol is used as a monomer in the production of polyesters, including polyethylene terephthalate (PET), which is widely used for manufacturing plastic bottles and containers. It is also used as a raw material for unsaturated polyester resins (UPR), which are important in the manufacture of composites and coatings. The integration of bio-based propylene glycol into plastics highlights the industry's efforts towards sustainable materials with lower environmental footprints, offering a comparable performance to their fossil-based counterparts. The market for bio-based propylene glycol features a variety of companies who have invested in the development and production of this renewable alternative. Some companies involved in the bio-PG market include Archer Daniels Midland Company, BASF SE, Huntsman Corporation, Oleon NV, and DuPont Tate & Lyle Bio Products, a joint venture between DuPont and Tate & Lyle. These companies vary in size and geographic scope, but each contributes to the growing demand for more sustainable chemical intermediates used in the plastics industry. Show Less Read more