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Property Details
Chemical Name Cellulose Acetate Butyrate
Molecular Formula C24H46O10
CAS Number 9004-99-3
Molecular Weight 446.63 g/mol
Appearance White fine powder
Solubility Soluble in organic solvents
Applications Coatings, adhesives, and plastics
Safety Precautions Handle with care, use PPE

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CAS 9004-99-3 Ahead of the Curve Where Service Meets Innovation

Product Innovation in Chemical Industry: Market Trends

The chemical industry is experiencing significant growth in product innovation, as illustrated by the bar chart above, which tracks the number of new chemical products introduced from 2019 to 2023. The data reveals a consistent upward trend, reflecting the industry's commitment to research and development to meet diverse market demands. In 2019, there were 150 new products launched, and this figure steadily increased each subsequent year, reaching 350 in 2023. This growth can be attributed to various factors, including advancements in technology, increased regulatory pressures for sustainable products, and growing consumer awareness regarding environmental issues. As companies in the chemical sector strive to align their offerings with market needs, the emphasis on innovation and service has never been more critical. The integration of innovative solutions and customer-centric approaches positions these firms to not only explore new market opportunities but also ensure competitive advantages in an ever-evolving landscape.

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