Propylene Glycol Market: Industry Trends, Share, Size, Growth, Opportunity And Forecast
April 10, 2024 ⚊ 1 Min read ⚊ Views 21 ⚊ BUSINESS
The Dow Chemical Company (US) is focused on partnerships to meet the growing demand in the market. In October 2019, the Dow and Evonik entered into an exclusive technology partnership. They are plan to bring a unique method (HYPROSYN) for directly synthesizing propylene glycol from propylene and hydrogen peroxide. Over 100 Evonik employees worked for years to develop this method. The key element is a novel catalytic system developed by Evonik researchers, which allows direct synthesis of propylene glycol from propylene and hydrogen peroxide in a process offering high yield and comparatively low energy consumption.
Tags: Propylene Glycol Market
