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Feature Details
CAS Number 1658-42-0
Chemical Name 2-(2-Aminoethoxy)ethanol
Molecular Formula C4H11NO3
Molecular Weight 119.14 g/mol
Boiling Point 241 °C
Solubility Soluble in water
Applications Used in pharmaceuticals and as a solvent
Safety Information Handle with care, may cause irritation

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Trend of Global Market Share in the Chemical Industry (2019-2023)

The chart above illustrates the increasing trend of global market share in the chemical industry over a five-year period from 2019 to 2023. Starting at 25% in 2019, the market share demonstrated significant growth, reaching 45% by 2023. This consistent upward trajectory indicates a strong and expanding presence in the global market, signifying that advancements and investments in research and development (R&D) have played a crucial role in this growth. Various factors such as enhanced product innovation, regulatory compliance advancements, and diversification of applications have contributed to this trend. As industries evolve, the demand for chemical products continues to rise, thereby paving the way for new players to enter the market and existing companies to strengthen their foothold. This data reflects the competitive landscape and highlights the importance of strategic planning in achieving market leadership within the chemical sector.

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