It has many purposes across different industries, and it's purpose can be found by reading many google searches, which I'm sure you know.
Pharma, agriculture, dyestuffs, etc.
You don't say if the inquiries were from within your country or not.
I wouldn't even begin to try to learn all the answers to questions about the product, which could be anything from what is allowed by law in different industries, to how pure a chemical has to be, to environmental concerns, to import/export laws and taxes.
We who volunteer on this site can certainly look up some helpful links for you, but I'm sure you have done that, and know far more already than anyone here.
Your best bet is spending several hours reading one site after another, and going deeper into the subject.
For example - is yours made in China, and how highly regarded is it for any specific industry?
Before you can market it, you have to know all about it.
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