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| Application Area | Projected Growth (%) | Key Benefits | Challenges | Market Trends |
|---|---|---|---|---|
| Pharmaceuticals | 15 | Enhanced efficacy | Regulatory hurdles | Increased R&D investments |
| Agriculture | 10 | Improved yields | Environmental impact | Sustainability focus |
| Cosmetics | 8 | Skin compatibility | Consumer awareness | Natural ingredients trend |
| Electronics | 12 | High performance | Technical complexity | Miniaturization |
| Energy | 20 | Renewable solutions | Capital investment | Decarbonization initiatives |