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| Year | Market Size (Million USD) | Growth Rate (%) | Key Applications | Geographic Distribution |
|---|---|---|---|---|
| 2021 | 120 | 5.0 | Pharmaceuticals, Agriculture | North America, Europe |
| 2022 | 130 | 8.3 | Pharmaceuticals, Chemicals | Asia-Pacific, Europe |
| 2023 | 140 | 7.7 | Cosmetics, Agriculture | North America, Asia-Pacific |
| 2024 | 155 | 10.7 | Pharmaceuticals, Food Additives | Europe, Latin America |
| 2025 | 170 | 9.7 | Industrial Chemicals, Pharmaceuticals | Asia-Pacific, North America |