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| Application Area | Description | Expected Benefits | Regulatory Status |
|---|---|---|---|
| Pharmaceutical | Used as an intermediate in drug synthesis. | Improved efficacy and reduced side effects. | Approved for use in clinical trials. |
| Agricultural | Utilized in the formulation of crop protection products. | Higher crop yields and reduced chemical exposure. | Pending approval for several applications. |
| Cosmetic | Ingredient in skin care formulations. | Enhanced skin texture and hydration. | GRAS status, safe for human use. |
| Industrial | Used in manufacturing processes. | Increased efficiency and reduced waste. | Registered with OSHA. |