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Thermodynamic properties are a set of physical and chemical properties that are used to describe the behavior of a system in thermodynamic equilibrium. They are essential for chemical engineering, as they are used to predict the behavior of a system under different conditions. Thermodynamic properties are used to calculate the energy, entropy, and enthalpy of a system, as well as the pressure, temperature, and volume of a system. They are also used to determine the phase of a system, such as liquid, gas, or solid.
The thermodynamic properties market is a rapidly growing sector of the chemical engineering industry. It is driven by the need for accurate and reliable thermodynamic data for a variety of applications, such as process design, process optimization, and process control. The market is also driven by the increasing demand for more efficient and cost-effective solutions for thermodynamic data.
Some of the major players in the thermodynamic properties market include Thermo Fisher Scientific, Merck KGaA, Sigma-Aldrich, PerkinElmer, and Waters Corporation. Show Less Read more