Chemical & Materials
Global Gamma Butyrolactone Market to 2032
Revenue, 2024 (USD Million)
1,094.01
Forecast, 2032 (USD Million)
1,435.50
CAGR, 2024 - 2032
4.20%
Report Coverage
Global
Global Gamma Butyrolactone Market 2018-2032 USD Million
Global Gamma Butyrolactone Market, Overview (2024-2032)
Market Growth and Projections:
- Market Size (2024): 1,094.01 USD Million
- Projected Market Size (2032): 1,435.50 USD Million
- CAGR (2024-2032): 4.20%
Key Findings of Global Gamma Butyrolactone Market
- The Global Gamma Butyrolactone Market is likely to grow at a CAGR of 4.20% during the forecast period of 2024 to 2032.
- Global Gamma Butyrolactone Marketsize was valued at 1,094.01 USD Million in 2024.
- In 2024, Min. 99.9% segment dominated the market with the largest market share.
- Batteries and Capacitors in the product segment is expected to witness the fastest growth during the forecast period.
Global Gamma Butyrolactone Market Scope
Global Gamma Butyrolactone Market Segmentation & Scope
End-Use
- Others
- Food Industry
- Petroleum Industry
- Agrochemical Industry
- Electrical Industry
- Pharmaceutical Industry
Application
- Others
- Sedative
- Anesthetic
- Polish Removers
- Paint Strippers
- Batteries and Capacitors
- Herbicides and Insecticides
- Casting Binder
- Solvent
Purity
- Min. 99.7%
- Min. 99.9%
Grade
- Common Class (8 Wt. %)
- Electric Capacitance Class (9 Wt. %)
- Industrial Class (5 Wt. %)
Global Gamma Butyrolactone Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2017 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 1,094.01 USD Million |
| Market Value in 2032 | 1,435.50 USD Million |
| CAGR (2024-2032) | 4.20% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-Use,Application,Purity,Grade |
| Largest Segment | Min. 99.9% |
| Fastest Growing Segment | Batteries and Capacitors |
| Major Players | BASF SE, Ashland, Others, BALAJI AMINES, Sipchem Company |
Market Segmentation:
-
Product Segment:
- Largest Segment (2024): Min. 99.9%
- Fastest Growing Segment (2024-2032): Batteries and Capacitors
Regional Insights:
-
Leading Market (2024-2032): Global
- Key Country: China, leading in terms of revenue and market share by 2032.
Global Gamma Butyrolactone Market Company Share Analysis
| Name | Market Share | OwnnerShip | HQ | Website |
|---|---|---|---|---|
| BASF SE | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Ashland | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Others | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| BALAJI AMINES | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Sipchem Company | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
Global Gamma Butyrolactone Market Geographical Sales Distribution, 2018-2032 USD Million
Global Gamma Butyrolactone Market Company Profiling
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
Frequently Asked Questions
The Global Gamma Butyrolactone Market is segmented based on Segmentation End-Use,Application,Purity,Grade.
Global Gamma Butyrolactone Market was valued at USD 1,094.01(Revenue in USD Million) in 2017.
Global Gamma Butyrolactone Market is projected to grow at a CAGR of 4.20% during the forecast period of 2024 to 2032.
The estimated market value of the Global Gamma Butyrolactone Market for final year is USD 1,435.50 (USD Million).
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