North America Gamma Butyrolactone Market to 2032

Overview

The North America Gamma Butyrolactone Market is expected to reach a 151.91 USD Million by 2032 and is projected to grow at a CAGR of 4.26% from 2025 to 2032.

Revenue, 2024 (USD Million)

122.20

Forecast, 2032 (USD Million)

151.91

CAGR, 2024 - 2032

4.26%

Report Coverage

North America

North America Gamma Butyrolactone Market 2018-2032 USD Million

North America Gamma Butyrolactone Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 122.20 USD Million
Projected Market Size (2032): 151.91 USD Million
CAGR (2025-2032): 4.26%

Key Findings of North America Gamma Butyrolactone Market

The North America Gamma Butyrolactone Market was valued at 122.20 USD Million in 2024.
The North America Gamma Butyrolactone Market is likely to grow at a CAGR of 4.26% 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 62.86 USD Million
The fastest growing segment Batteries and Capacitors in Application Segment grew Fastest with a CAGR of 5.51% during the forecast period from 2024 to 2032.

North America Gamma Butyrolactone Market Scope

North America 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. %)

North America Gamma Butyrolactone Market Data Coverage Insights

Study Period	2024-2032
Base Year	2017
Unit	Revenue in USD Million
Market Value in 2024	122.20 USD Million
Market Value in 2032	151.91 USD Million
CAGR (2025-2032)	4.26%
Historic Data	2016-2023
Market Segments Covered	End-Use,Application,Purity,Grade

Regional Insights:

Leading Market (2024-2032): North America, leading in terms of revenue 122.20 USD Million in 2024
- Key Country: U.S., leading in terms of revenue with value of 75.33 USD Million in 2024.

Segments and Scope

North America Gamma Butyrolactone Market to 2032, By End-Use
- Pharmaceutical Industry is the largest segment in North America Gamma Butyrolactone Market to 2032 with a revenue of 35.16 USD Million in the year 2024.
- Electrical Industry is the Fastest growing segment in North America Gamma Butyrolactone Market to 2032 with a Growth rate of 3.90 % in forecast period 2025-2032.
North America Gamma Butyrolactone Market to 2032, By Application
- Solvent is the largest segment in North America Gamma Butyrolactone Market to 2032 with a revenue of 55.51 USD Million in the year 2024.
- Batteries and Capacitors is the Fastest growing segment in North America Gamma Butyrolactone Market to 2032 with a Growth rate of 4.49 % in forecast period 2025-2032.
North America Gamma Butyrolactone Market to 2032, By Purity
- Min. 99.9% is the largest segment in North America Gamma Butyrolactone Market to 2032 with a revenue of 62.86 USD Million in the year 2024.
- Min. 99.9% is the Fastest growing segment in North America Gamma Butyrolactone Market to 2032 with a Growth rate of 4.65 % in forecast period 2025-2032.
North America Gamma Butyrolactone Market to 2032, By Grade
- Industrial Class (5 Wt. %) is the largest segment in North America Gamma Butyrolactone Market to 2032 with a revenue of 59.85 USD Million in the year 2024.
- Electric Capacitance Class (9 Wt. %) is the Fastest growing segment in North America Gamma Butyrolactone Market to 2032 with a Growth rate of 3.65 % in forecast period 2025-2032.

North America Gamma Butyrolactone Market Company Share Analysis

Company Name
BASF SE
Ashland
BALAJI AMINES
Sipchem Company

North America Gamma Butyrolactone Market Geographical Sales Distribution, 2018-2032 USD Million

North America Gamma Butyrolactone Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the North America Gamma Butyrolactone Market?

The North America Gamma Butyrolactone Market is segmented based on Segmentation End-Use,Application,Purity,Grade.

What is the current market size of the North America Gamma Butyrolactone Market?

North America Gamma Butyrolactone Market was valued at USD 122.20(Revenue in USD Million) in 2017.

What is the expected growth rate of the North America Gamma Butyrolactone Market?

North America Gamma Butyrolactone Market is projected to grow at a CAGR of 4.26% during the forecast period of 2024 to 2032.

Which is the dominating segment in the North America Gamma Butyrolactone Market?

The Min. 99.9% segment is expected to dominate the North America Gamma Butyrolactone Market, holding a largest market share of 62.86 USD Million in 2024