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| Year | Global Market Size (Million USD) | Growth Rate (%) | Key Applications | Regions with Major Demand |
|---|---|---|---|---|
| 2023 | 150 | 5.0 | Pharmaceuticals, Agrochemicals | North America, Europe |
| 2024 | 160 | 6.7 | Biotechnology, Chemical Manufacturing | Asia-Pacific, Latin America |
| 2025 | 170 | 6.25 | Consumer Products, Research | Middle East, Africa |
| 2026 | 180 | 5.88 | Agricultural Chemicals, Nutraceuticals | North America, Europe |
| 2027 | 190 | 5.56 | Food Additives, Water Treatment | Asia-Pacific, Latin America |