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CAS 22224-41-5 Trusted by Pros Pioneers in the Field

Property Description Applications Safety Precautions
Molecular Formula C10H15N Pharmaceuticals, Agrochemicals Wear appropriate protective equipment
Molecular Weight 149.23 g/mol Chemical Synthesis Avoid inhalation and contact with skin
Boiling Point 210 °C Solvent in chemical reactions Use in a fume hood
Density 0.95 g/cm³ Research and Development Store in a cool, dry place

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Innovation in Chemical Industry: Trends in R&D Investment (2018-2023)

The chart above illustrates the trends in research and development (R&D) investment in the chemical industry from 2018 to 2023. Over this period, there has been a consistent increase in investment, reflecting a growing emphasis on innovation within the sector. Starting at 50 billion USD in 2018, the amount allocated to R&D has risen steadily each year, reaching an estimated 75 billion USD in 2023. This growth indicates a strong commitment to advancing chemical processes and developing new products to meet global demands. The rise in funding also suggests that industry players are increasingly focused on staying ahead of technological trends and addressing sustainability concerns. The ongoing investment in innovation is crucial for maintaining competitiveness and fostering the development of eco-friendly solutions in the chemical industry.

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