Global Gamma Butyrolactone Market to 2032
Overview
The Global Gamma Butyrolactone Market is expected to reach a 1.44 USD Billion by 2032 and is projected to grow at a CAGR of 4.20% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.09
Forecast, 2032 (USD Billion)
1.44
CAGR, 2024 - 2032
4.20%
Report Coverage
Global
Global Gamma Butyrolactone Market 2018-2032 USD Billion
Global Gamma Butyrolactone Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.09 USD Billion
- Projected Market Size (2032): 1.44 USD Billion
- CAGR (2025-2032): 4.20%
Key Findings of Global Gamma Butyrolactone Market
- The Global Gamma Butyrolactone Market was valued at 1.44 USD Billion in 2024.
- The Global Gamma Butyrolactone Market is likely to grow at a CAGR of 4.20% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Min. 99.9% in Purity Segment accounted for the largest share of the market with a revenue of 0.56 USD Billion
- The fastest growing segment Batteries and Capacitors in Application Segment grew Fastest with a CAGR of 5.24% during the forecast period from 2024 to 2032.
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 Billion |
| Market Value in 2024 | 1.09 USD Billion |
| Market Value in 2032 | 1.44 USD Billion |
| CAGR (2025-2032) | 4.20% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-Use,Application,Purity,Grade |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 1.09 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 303.23 USD Million in 2024.
Segments and Scope
-
Global Gamma Butyrolactone Market to 2032, By End-Use
- Pharmaceutical Industry is the largest segment in Global Gamma Butyrolactone Market to 2032 with a revenue of 317.68 USD Billion in the year 2024.
- Electrical Industry is the Fastest growing segment in Global Gamma Butyrolactone Market to 2032 with a Growth rate of 3.96 % in forecast period 2025-2032.
-
Global Gamma Butyrolactone Market to 2032, By Application
- Solvent is the largest segment in Global Gamma Butyrolactone Market to 2032 with a revenue of 481.14 USD Billion in the year 2024.
- Batteries and Capacitors is the Fastest growing segment in Global Gamma Butyrolactone Market to 2032 with a Growth rate of 4.34 % in forecast period 2025-2032.
-
Global Gamma Butyrolactone Market to 2032, By Purity
- Min. 99.9% is the largest segment in Global Gamma Butyrolactone Market to 2032 with a revenue of 563.29 USD Billion in the year 2024.
- Min. 99.9% is the Fastest growing segment in Global Gamma Butyrolactone Market to 2032 with a Growth rate of 4.53 % in forecast period 2025-2032.
-
Global Gamma Butyrolactone Market to 2032, By Grade
- Industrial Class (5 Wt. %) is the largest segment in Global Gamma Butyrolactone Market to 2032 with a revenue of 536.88 USD Billion in the year 2024.
- Electric Capacitance Class (9 Wt. %) is the Fastest growing segment in Global Gamma Butyrolactone Market to 2032 with a Growth rate of 3.68 % in forecast period 2025-2032.
Global Gamma Butyrolactone Market Company Share Analysis
| Company Name |
|
||
| BASF SE | |||
| Ashland | |||
| BALAJI AMINES | |||
| Sipchem Company | |||
Global Gamma Butyrolactone Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Gamma Butyrolactone Market Company Profiling
Industry Related Reports
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 1.09(Revenue in USD Billion) 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 Min. 99.9% segment is expected to dominate the Global Gamma Butyrolactone Market, holding a largest market share of 0.56 USD Billion in 2024
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. %)
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 1.09(Revenue in USD Billion) 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 1.44 (USD Billion).
Global Gamma Butyrolactone Market Company Profiling
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 1.09(Revenue in USD Billion) 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 1.44 (USD Billion).
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