Biobased Propylene Glycol Market Is Expected to Generate Huge Profits by 2014-2020

Propylene glycol, also known as 1,2-propane-diol, is a multifunctional chemical used in several industrial fields, pharmaceuticals, food and cosmetics. Conventionally, it is obtained from petroleum based feedstock for industrial scale production. Recent developments have uncovered a new technique for obtaining propylene glycol from corn starch. The process involves production of carbohydrates from starch.

Biobased products are adopted on the premise that they are environment friendly attributed to their renewable origin. However, environment friendliness of any product depends upon various factors some of which include emission of green house gases throughout various steps involved in a products lifecycle, i.e., from raw material production to degradation of after-use residues through production, distribution and end-use. Some biobased products might be environment friendly until they are converted to finished products but might breakdown into toxic residual materials. Biobased propylene glycol process was compared to the petroleum based route to find out the environment friendliness of both methods by Archer Daniels Midland Company. The results showed that there is a 61% reduction in green house gases emissions, proving that biobased propylene glycol performs better than petroleum based propylene glycol in terms of carbon footprints.

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Propylene glycol is a multi functional material that can be utilized for several applications. It can serve as solvent, connect and stabilize insoluble fluids as an emulsifier, help in binding and transportation of other substances as an excipient. It can also be used to hold and dissolve active ingredients in a medium, attract, hold, water or moisture as an hygroscopic material, reduce freezing point, and increase boiling point.

Regulatory pressure to reduce carbon footprint and a general shift towards environment friendly products...