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| Application Area | Description | Development Stage | Regulatory Status | Relevant Studies |
|---|---|---|---|---|
| Pharmaceuticals | Used in the treatment of chronic conditions. | Phase II Trials | Pending Approval | Study A (2022), Study B (2023) |
| Cosmetics | Ingredient for anti-aging products. | Market Ready | Approved | Study C (2021) |
| Agriculture | Pesticide formulation for crop protection. | Pre-Submission | Under Review | Study D (2023) |
| Material Science | Component in developing biodegradable plastics. | Research Phase | N/A | Study E (2023) |