ANSWER
Transesterification is defined as the chemical conversion process of triglycerides with alcohol into alkyl esters with the help of a catalyst [64]. In this process, commonly used alcohols are methanol and ethanol due to their low cost and easy availability.
EXPLANATION
Applications of Transesterification
Transesterification reactions play a crucial role in the synthesis of polyester. Here, di-esters and diols are subjected to transesterification in order to obtain macromolecules.
This process is also used in plastic recycling to reduce polyester into its monomers.
Biodiesel can be prepared from triglycerides via transesterification.
This reaction is also used in the synthesis of certain derivatives of enols. For example, vinyl ethers can be prepared from vinyl acetate via transesterification.