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Property Details
Molecular Formula C9H11N
Molecular Weight 135.19 g/mol
Appearance White crystalline powder
Purity ≥ 98%
Storage Conditions Cool, dry place
Applications Used in pharmaceuticals and agrochemicals
Regulatory Status Compliant with REACH and TSCA

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CAS 124638-53-5 Industry Giant Where Innovation Meets 2025

Global Chemical Industry Growth Projections (2023-2025)

The global chemical industry is projected to experience significant growth from 2023 to 2025, with market values expected to increase from 850 billion USD in 2023 to 1 trillion USD by 2025. This upward trend is driven by various factors, including rising demand for sustainable materials, advancements in chemical manufacturing technologies, and a growing emphasis on environmental regulations. As innovation plays a pivotal role in this sector, companies are investing heavily in research and development to create new products that meet both consumer needs and regulatory standards. Furthermore, the diversification of applications, including pharmaceuticals, agricultural chemicals, and advanced materials, contributes to the industry's robust growth trajectory. The insights from this data indicate a dynamic landscape where the chemical industry continues to evolve, adapting to market demands and challenges while fostering innovation and sustainability.

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