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| Application | Market Share (%) | Growth Rate (2023) | Key Drivers |
|---|---|---|---|
| Plastic Additives | 30 | 5% | Increased usage in construction |
| Rubber Manufacturing | 25 | 3% | Rising demand in automotive sector |
| Pharmaceuticals | 20 | 4% | Growing healthcare needs |
| Agricultural Chemicals | 15 | 6% | Need for higher crop yields |
| Other Applications | 10 | 2% | Diversification of use cases |