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| Application Area | Potential Uses | Expected Benefits | Challenges |
|---|---|---|---|
| Pharmaceuticals | Drug formulation and development | Enhanced efficacy and safety | Regulatory approvals |
| Agriculture | Pesticide formulation | Improved crop yield | Environmental impact concerns |
| Cosmetics | Skin care products | Enhanced skin benefits | Consumer acceptance |
| Industrial Chemicals | Manufacturing of solvents | Cost-effective processes | Safety handling procedures |