Propylene Glycol (PG) is a petrochemical derived from propylene oxide, a by-product of the oil refining process. It is a clear, colorless, and odorless liquid with a slightly sweet taste. PG is used in a variety of applications, including antifreeze, food and beverage flavoring, and as a solvent in the pharmaceutical and cosmetic industries. It is also used as a humectant in personal care products, such as lotions and creams. PG is a versatile and cost-effective petrochemical, making it a popular choice for many industries. It is also a renewable resource, as it can be produced from renewable sources such as vegetable oils and animal fats. As a result, it is becoming increasingly popular as a sustainable alternative to traditional petrochemicals. The PG market is highly competitive, with a number of major players in the industry. Some of the leading companies in the market include BASF, Dow Chemical, ExxonMobil, Shell, and Total. Show Less Read more
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