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| Application Area | Description | Benefits | Challenges |
|---|---|---|---|
| Pharmaceuticals | Used in the synthesis of various active pharmaceutical ingredients. | High purity and effectiveness in drug formulation. | Regulatory compliance and high manufacturing costs. |
| Agriculture | Utilized in agrochemical formulations for pest control. | Improves crop yield and protects against pests. | Environmental impact and resistance development in pests. |
| Cosmetics | Function as a key ingredient in skincare products. | Enhances skin health and appearance. | Allergic reactions and consumer safety concerns. |
| Industrial Applications | Employed in the production of specific polymers and chemicals. | Enhances properties of final products. | Raw material sourcing and supply chain issues. |