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Parameter Description Value
Chemical Name N, N-Dimethylformamide DMF
CAS Number 101279-39-4 -
Molecular Formula C3H7N -
Molecular Weight 59.11 g/mol -
Applications Solvent in chemical reactions -
Purity 99% -

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Market Growth Trends of Chemical Compound 101279-39-4

The growth trends of the chemical compound 101279-39-4 over the last five years illustrate a significant upward trajectory. Starting in 2019, the market saw a gradual increase in growth percentage, hitting 5%. This growth can be attributed to various factors such as rising industrial applications and increasing demand in research and development sectors. By 2020, the growth rate doubled to 10%, reflecting the compound's rising popularity and its effectiveness in various formulations. The momentum continued into 2021 and 2022, with growth rates of 15% and 20%, respectively, driven by innovations in chemical processes and regulatory approvals boosting investor confidence. As of 2023, projections indicate a robust growth of 25%, showcasing the compound's essential role in the advancing chemical industry. Such trends highlight not only the increasing relevance of 101279-39-4 but also its potential future applications in various fields, paving the way for continual investment and research focused on this compound.

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