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| Application Area | Expected Growth (%) | Market Trends | Regulatory Notes |
|---|---|---|---|
| Pharmaceuticals | 8% | Increased R&D investments | Compliance with FDA standards |
| Agriculture | 10% | Sustainable farming practices | EU regulations on pesticides |
| Cosmetics | 7% | Natural and organic formulations | Safety assessments required |
| Industrial Chemicals | 6% | Innovations in chemical processes | Adherence to environmental regulations |