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| Category | Application | Market Trends | Regulatory Aspects | Future Prospects |
|---|---|---|---|---|
| Chemical Manufacturing | Used as a reagent | Growing demand in specialty chemicals | Compliance with local and international standards | Increased investment in green chemistry |
| Pharmaceuticals | Intermediary for drug synthesis | Rising need for new therapies | Stringent safety regulations | Potential for novel drug development |
| Agriculture | Fertilizer production | Increasing organic farming practices | Environmental regulations | Expansion into bio-based fertilizers |
| Cosmetics | Used in formulation of products | Demand for natural ingredients | Cruelty-free and vegan certifications | Innovations in product development |