Gamma Butyrolactone Market Growth, Size, Trends Analysis - By Purity, By Application, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Description
Gamma Butyrolactone Market Introduction and Overview
According to SPER market research, ‘Global Gamma Butyrolactone Market Size- By Purity, By Application, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Gamma Butyrolactone Market is predicted to reach 5.44 billion by 2034 with a CAGR of 3.57%.
Gamma-butyrolactone (GBL) is the simplest aliphatic lactone comprising four carbon atoms. It plays a vital role in the production of various chemicals, including tetrahydrofuran (THF), methylpyrrolidone (NMP), N-ethylpyrrolidone (NEP), 2-pyrrolidinone, and polyvinylpyrrolidone (PVP), among others. This compound serves as a viscosity modifier in plant growth regulators, a rubber additive, and a component in polyurethanes, as well as being a solvent used for paint stripping.
Restraints: The Gamma-butyrolactone market has numerous obstacles that may impede its growth trajectory. A significant issue is the regulatory environment governing GBL. In certain regions, GBL is regarded as a controlled substance due to its potential for misuse and illegal consumption. Such regulatory scrutiny can hinder market expansion, compelling manufacturers to comply with intricate regulatory standards. Moreover, fluctuations in raw material pricing represent additional challenges for GBL production.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered
By Purity, By Application, By End User
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Alpha Chemika, Ashland, Balaji Amines, Biosynth, CDH Fine Chemical, Chang Chun Group, Dairen Chemical Corporation, Dongao Chemical, Exsyncorp, Hefei TNJ Chemical Industry Co, Ltd.
Global Gamma Butyrolactone Market Segmentation:
By Purity: Based on the Purity, Global Gamma Butyrolactone Market is segmented as; Min 99.9%, Min 99.7%.
By Application: Based on the Application, Global Gamma Butyrolactone Market is segmented as; Batteries & Capacitors, Herbicides & Insecticides, Sedative & Anesthetic, Solvent.
By End User: Based on the End User, Global Gamma Butyrolactone Market is segmented as; Electrical & Electronics, Agrochemical, Pharma, Chemical.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
According to SPER market research, ‘Global Gamma Butyrolactone Market Size- By Purity, By Application, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Gamma Butyrolactone Market is predicted to reach 5.44 billion by 2034 with a CAGR of 3.57%.
Gamma-butyrolactone (GBL) is the simplest aliphatic lactone comprising four carbon atoms. It plays a vital role in the production of various chemicals, including tetrahydrofuran (THF), methylpyrrolidone (NMP), N-ethylpyrrolidone (NEP), 2-pyrrolidinone, and polyvinylpyrrolidone (PVP), among others. This compound serves as a viscosity modifier in plant growth regulators, a rubber additive, and a component in polyurethanes, as well as being a solvent used for paint stripping.
Restraints: The Gamma-butyrolactone market has numerous obstacles that may impede its growth trajectory. A significant issue is the regulatory environment governing GBL. In certain regions, GBL is regarded as a controlled substance due to its potential for misuse and illegal consumption. Such regulatory scrutiny can hinder market expansion, compelling manufacturers to comply with intricate regulatory standards. Moreover, fluctuations in raw material pricing represent additional challenges for GBL production.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered
By Purity, By Application, By End User
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Alpha Chemika, Ashland, Balaji Amines, Biosynth, CDH Fine Chemical, Chang Chun Group, Dairen Chemical Corporation, Dongao Chemical, Exsyncorp, Hefei TNJ Chemical Industry Co, Ltd.
Global Gamma Butyrolactone Market Segmentation:
By Purity: Based on the Purity, Global Gamma Butyrolactone Market is segmented as; Min 99.9%, Min 99.7%.
By Application: Based on the Application, Global Gamma Butyrolactone Market is segmented as; Batteries & Capacitors, Herbicides & Insecticides, Sedative & Anesthetic, Solvent.
By End User: Based on the End User, Global Gamma Butyrolactone Market is segmented as; Electrical & Electronics, Agrochemical, Pharma, Chemical.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
Table of Contents
263 Pages
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Gamma Butyrolactone Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Gamma Butyrolactone Market
- 7. Global Gamma Butyrolactone Market, By Purity (USD Million) 2021-2034
- 7.1. Min 99.9%
- 7.2. Min 99.7%
- 8. Global Gamma Butyrolactone Market, By Application (USD Million) 2021-2034
- 8.1. Batteries & Capacitors
- 8.2. Herbicides & Insecticides
- 8.3. Sedative & Anesthetic
- 8.4. Solvent
- 8.5. Other
- 9. Global Gamma Butyrolactone Market, By End User (USD Million) 2021-2034
- 9.1. Electrical & Electronics Industry
- 9.2. Agrochemical Industry
- 9.3. Pharmaceutical Industry
- 9.4. Chemical Industry
- 9.5. Other
- 10. Global Gamma Butyrolactone Market, (USD Million) 2021-2034
- 10.1. Global Gamma Butyrolactone Market Size and Market Share
- 11. Global Gamma Butyrolactone Market, By Region, (USD Million) 2021-2034
- 11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
- 11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
- 11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
- 11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
- 11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America
- 12. Company Profile
- 12.1. Alpha Chemika
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. Ashland
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. Balaji Amines
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Biosynth
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. CDH Fine Chemical
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. Chang Chun Group
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Dairen Chemical Corporation
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Dongao Chemical
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Exsyncorp
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. Hefei TNJ Chemical Industry Co., Ltd
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. Others
- 13. Conclusion
- 14. List of Abbreviations
- 15. Reference Links
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