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CAS 136561-53-0 Trusted by Pros Factory-Direct Excellence

Property Value
Chemical Name Example Chemical
Molecular Formula C7H8O2
Molecular Weight 124.14 g/mol
Appearance White crystalline powder
Boiling Point 210 °C
Melting Point 56-60 °C
Solubility Soluble in ethanol and acetone
Storage Conditions Store in a cool, dry place
CAS Registry Number 136561-53-0

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CAS 136561-53-0 Leads the Global Market Service Backed by Expertise

Market Growth Trends in Chemical Industry (2018-2023)

The line chart above illustrates the growth trends of the global chemical market from 2018 to 2023. Over this period, the market has shown a consistent upward trajectory, beginning at a value of $450 billion in 2018 and reaching an estimated $570 billion by 2023. This growth can be attributed to increased demand across various sectors, including pharmaceuticals, agriculture, and consumer goods. The chemical industry plays a pivotal role in the global economy, supplying essential materials and innovations that drive progress. Notably, the steady increase in market value highlights the sector's resilience and adaptability, particularly in response to evolving consumer needs and regulatory changes. As we move forward, the ongoing advancements in technology and sustainability practices are expected to further influence market dynamics, presenting both opportunities and challenges for industry stakeholders.

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