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| Application Area | Description | Innovators | Benefits |
|---|---|---|---|
| Pharmaceuticals | Used in the synthesis of active pharmaceutical ingredients. | Research labs and drug manufacturers. | Enhances the efficacy of medications. |
| Agricultural Chemicals | Utilized in the formulation of pesticides and herbicides. | Agricultural research institutions. | Improves crop yield and protects against pests. |
| Food Industry | Acts as a preservative in food products. | Food safety organizations. | Increases shelf life of food items. |
| Cosmetics | Incorporated in skincare formulations. | Cosmetic product developers. | Enhances skin texture and provides hydration. |