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CAS 88040-23-7 Stands Out Industry Giant

Property Details
Chemical Name 2-Methyl-3-phenylpropionic acid
Molecular Formula C11H14O2
Molecular Weight 178.23 g/mol
Boiling Point 220 °C
Melting Point 70 °C
Solubility Soluble in organic solvents
Uses Intermediate in drug synthesis
Safety Information Handle with care, avoid contact with skin

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Market Trends and Growth Projections for CAS 88040-23-7

The bar chart above represents the market value of CAS 88040-23-7 over a period from 2019 to 2024. The dataset illustrates significant growth in market value, indicating a positive trend for this chemical compound, which is projected to reach approximately 180 million USD by the year 2024. Over the past years, there has been an increasing demand driven by advancements in various sectors that utilize this compound, highlighting its importance in the global market. The growth projections suggest not only a sustained interest but also expanding applications, potentially impacting industries such as pharmaceuticals, agriculture, and manufacturing. As global standards evolve and the compound's utility is recognized, stakeholders can expect a robust market performance, promoting further investments and innovation in related fields.

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