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Property Details
CAS Number 533-37-9
Molecular Formula C9H11NO2
Molecular Weight 165.19 g/mol
Appearance White to off-white powder
Purity ≥ 98%
Solubility Soluble in water and ethanol
Storage Conditions Store in a cool, dry place
Applications Used in pharmaceuticals and research

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CAS 533-37-9 Sets the Industry Standard Where Innovation Meets 2025

Annual Innovation Investment Trends in the Chemical Industry (2020-2025)

This chart presents the projected trends in annual investment in innovation within the chemical industry from 2020 to 2025. Over the years, there is a clear upward trajectory, reflecting the industry's commitment to enhancing research and development to meet both consumer demands and regulatory requirements. In 2020, the investment was estimated at 150 million USD, gradually increasing to an anticipated 500 million USD by 2025. This growth signifies the industry's focus on innovation as a critical driver for success. The increase is influenced by various factors including regulatory pressures for sustainability, the need for new product development, and global competition. Such investments are crucial for companies aiming to maintain a competitive edge while also addressing the challenges posed by rapid technological advancements and market dynamics.

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