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Property Details
Chemical Name 3-Hydroxy-2-pentanone
Molecular Formula C5H10O2
Molecular Weight 102.14 g/mol
Appearance Colorless Liquid
Boiling Point 145 °C
Solubility Miscible with Water
Applications Used in Chemical Synthesis
Safety Precautions Handle with care, avoid inhalation

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CAS 33070-32-5 Now Trending Leads the Global Market

Global Market Trends for CAS 33070-32-5: Comparative Analysis of Demand Growth (2020-2023)

The global market for CAS 33070-32-5 has shown remarkable growth from 2020 to 2023, reflecting its increasing relevance in various applications. In 2020, the market demand was recorded at 150 units, which steadily increased to 450 units by 2023. This surge in demand can be attributed to the compound's emerging use in sectors such as pharmaceuticals, agriculture, and industrial applications. The demand growth rate indicates a growing recognition of the compound’s utility and effectiveness. The data suggests a compound annual growth rate (CAGR) of 92%, showcasing its potential for continued expansion in upcoming years. Stakeholders in the industry are advised to closely monitor these trends, as they could signify new opportunities for investment and innovation. The projection predicts that this growth trajectory will continue as new applications are discovered, further solidifying the compound's position in the global market. Understanding these trends is crucial for businesses aiming to strategize their operations and align with market demands.

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