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| Application Area | Usage Description | Key Benefits | Market Trends |
|---|---|---|---|
| Pharmaceuticals | Used as an intermediate in drug synthesis. | Enhances efficacy and reduces side effects. | Increasing demand for innovative therapeutics. |
| Cosmetics | Ingredient in skin care formulations. | Improves skin hydration and texture. | Shift towards organic and natural products. |
| Agriculture | Used in the formulation of agrochemicals. | Enhances crop yield and pest resistance. | Growing focus on sustainable farming practices. |
| Material Science | Component in polymer synthesis. | Improves material durability and performance. | Rising demand for high-performance materials. |