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Attribute Details
Chemical Name 4-Amino-2-methylphenol
Molecular Formula C7H10N2O
Molecular Weight 138.17 g/mol
Uses Intermediate in the synthesis of dyes
Safety Information Handle with care. Use protective equipment.
Storage Conditions Store in a cool, dry place away from light.
Regulatory Status Compliant with major chemical regulations

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Innovation Adoption Rates in the Chemical Industry (2018-2023)

The chart illustrates the adoption rates of innovative practices within the chemical industry from 2018 to 2023. Over this five-year period, there has been a significant upward trend in the adoption of innovative methods and technologies, reflecting the industry's commitment to modernization and efficiency. Beginning in 2018 with an adoption rate of 15%, the industry saw steady growth, reaching a notable 85% by 2023. This increase can be attributed to various factors, including advancements in technology, heightened competition, and an increasing focus on sustainable practices. As companies strive to align with new regulations and consumer expectations, the integration of innovative solutions has become imperative to remain competitive. This data not only highlights the industry's evolution but also emphasizes the importance of continuous innovation as a driver for growth and progress within the sector.

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