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| Year | Market Share (%) | Growth Rate (%) | Key Applications | Region |
|---|---|---|---|---|
| 2021 | 20.5 | 8.2 | Pharmaceuticals, Agrochemicals | North America |
| 2022 | 22.3 | 9.0 | Cosmetics, Electronics | Europe |
| 2023 | 25.0 | 10.5 | Food Additives, Plastics | Asia-Pacific |
| 2024 | 28.0 | 11.5 | Textiles, Coatings | Latin America |
| 2025 | 30.5 | 12.0 | Biomedical, Renewable Energy | Global |