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Tetrahydrofuran Market Development Analysis: Future Prospects and Current Challenges
In recent years, China's tetrahydrofuran production technology has achieved significant progress. Since the late 20th century, domestic enterprises have gradually adopted the BDO dehydration and cyclization method, which has become the mainstream process for tetrahydrofuran production. This technology not only improves production efficiency, but also reduces production costs, allowing domestic tetrahydrofuran to occupy a place in the market. According to statistics, as of the end of April 2022, China's total PBAT production capacity planned to be put into production in the next three years is expected to exceed 4.49 million tons/year. This expansion is bound to further increase the supply of Tetrahydrofuran.
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What are the applications of DMSO in agriculture?
The applications of dimethyl sulfoxide in agriculture include as solvent, penetrant and synergist. Dimethyl sulfoxide (DMSO) has broad application prospects in agriculture due to its unique chemical properties. This colorless, odorless organic compound not only improves the effectiveness of pesticides and fertilizers, but also provides innovative solutions for agricultural production.
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The NMP industry is developing rapidly, and the demand for lithium batteries drives market growth
In recent years, with the rapid development of the new energy industry, especially the continuous expansion of the lithium battery market, N-methylpyrrolidone (NMP), as a key chemical raw material, has ushered in unprecedented development opportunities worldwide. According to the latest industry analysis report, the global NMP market size reached US$8.235 billion in 2022, a year-on-year increase of 41.6%, and this growth trend is expected to continue in the next few years.
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