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| Parameter | Value | Trends |
|---|---|---|
| Market Size (2023) | $1.2 Billion | Increasing |
| Projected Growth (2024-2028) | 15% CAGR | Positive |
| Key Regions | North America, Europe, Asia | Competitive |
| Regulatory Trends | Stricter Regulations | Impacting Supply |
| Technology Advances | Innovative Synthesis Methods | Enhancing Production |