Applied chemistry involves applying chemical theories and principles to practical uses in everyday life. Chemical industries are an important part of applied chemistry, contributing to economic development by producing products that make life better. Chemical industries produce basic chemicals in large volumes for further manufacturing, functional chemicals like perfumes and cosmetics, and fine chemicals that undergo chemical changes to create different products. The production of new chemical products involves researching ideas, pilot studies, deciding to move forward with production, manufacturing and selling the product, and then reviewing its success. Chemical industries are important for agriculture, the environment, health, sustainable energy, food production, and many other areas.