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Malonic Acid Market: A Comprehensive Analysis
In the realm of organic chemistry, Malonic Acid emerges as a key player, offering versatility and functionality across various industrial sectors. With its chemical formula C3H4O4, this organic dicarboxylic acid has carved a niche for itself as a fundamental raw material in the production of agrochemicals, pharmaceuticals, and specialty chemicals. Its significance lies in its ability to partake in a myriad of chemical reactions, including condensation, esterification, and decarboxylation reactions, owing to its two carboxylic acid groups.