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Attribute Value
Chemical Name Phenylphosphate
Molecular Formula C6H7O4P
Molecular Weight 174.09 g/mol
Appearance Colorless Liquid
Boiling Point 120-130°C
Density 1.18 g/cm³
Solubility Soluble in organic solvents
Applications Flame retardant, plasticizer

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CAS 24017-47-8 Trusted by Pros Where Innovation Meets 2025

Innovation Trends in Chemical Industries (2019-2025)

This chart illustrates the trends in research and development (R&D) budgets and the number of innovation projects launched in the chemical industry from 2019 to 2025. The first dataset, represented by the blue line, indicates a steady increase in R&D investments over the years, rising from 150 million USD in 2019 to an estimated 260 million USD by 2025. This sustained growth reflects the industry's commitment to advancing technologies and improving product effectiveness. The second dataset, shown by the purple line, corresponds to the number of innovation projects launched each year, which grows from 20 projects in 2019 to 45 projects in 2025. This correlation between increased funding and project initiation suggests a proactive approach to innovation, indicating that as investment increases, so does the number of initiatives aimed at leveraging new technologies. Analyzing these trends provides insight into the industry's direction and its focus on sustaining advancement in innovative solutions to meet future demands.

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