Global Gamma Butyrolactone Market Size Study, by Purity (Industrial Class, Common Class, Electric Capacitance Class), by Application (Agrochemical Industry, Electrical Industry, Food Industry, Pharmaceutical Industry, Petroleum Industry), and Regional Forecasts 2022-2032

January 2025 | 285 pages | ID: G64B59A8311AEN
Bizwit Research & Consulting LLP

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The Global Gamma Butyrolactone (GBL) Market is valued approximately at USD 3.71 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 3.10% over the forecast period 2024-2032.GBL, a versatile solvent and intermediate chemical, is widely employed in various industrial applications due to its outstanding solvency power, low toxicity, and biodegradability. It plays a pivotal role in industries ranging from agrochemicals and pharmaceuticals to electronics and petrochemicals, making it an indispensable component of numerous processes. With growing industrialization and technological advancements, the market is witnessing a surge in demand for GBL, especially in developing economies.

The pharmaceutical industry's reliance on GBL as a precursor for synthesizing essential compounds has significantly bolstered market growth. Additionally, the rising adoption of GBL in the agrochemical industry for manufacturing pesticides and herbicides is driving market dynamics. However, challenges such as stringent regulatory frameworks governing its use and environmental concerns linked to its production may hinder the market's growth trajectory. Nevertheless, opportunities abound with the increasing focus on bio-based and sustainable chemical production methods, which align with global environmental goals.

Regional dynamics in the market reveal that North America and Europe are key markets due to their advanced industrial infrastructure and robust research and development activities. The Asia-Pacific region is poised to exhibit the highest growth during the forecast period, driven by rapid industrialization, expanding manufacturing capabilities, and rising demand for agrochemicals and electronics in countries like China and India.

Major market players included in this report are:
  • BASF SE
  • Ashland Global Holdings Inc.
  • LyondellBasell Industries Holdings B.V.
  • Mitsubishi Chemical Corporation
  • Puyang Guangming Chemicals Co., Ltd.
  • Dairen Chemical Corporation
  • Nippon Chemical Industrial Co., Ltd.
  • Tokyo Chemical Industry Co., Ltd.
  • Sigma-Aldrich Corporation
  • Hangzhou Dayangchem Co., Ltd.
  • Nova Molecular Technologies
  • Hefei TNJ Chemical Industry Co., Ltd.
  • Suzhou ChonTech Co., Ltd.
  • Realsun Chemical Co., Ltd.
  • Alfa Chemistry
The detailed segments and sub-segment of the market are explained below:

By Purity
  • Industrial Class (5wt. %)
  • Common Class (8wt. %)
  • Electric Capacitance Class (9wt. %)
By Application
  • Agrochemical Industry
  • Electrical Industry
  • Food Industry
  • Pharmaceutical Industry
  • Petroleum Industry
By Region: North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia-Pacific
Latin America
  • Brazil
  • Mexico
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa
________________________________________

Key Takeaways:
  • Market estimates & forecasts for 10 years from 2022 to 2032.
  • Annualized revenues and regional-level analysis for each market segment.
  • Detailed analysis of the geographical landscape with country-level insights.
  • Comprehensive competitive landscape with key players' profiles.
  • Strategic recommendations for future market approaches and trends.
  • Analysis of the competitive structure of the market.
  • Demand-side and supply-side analysis of the market.
CHAPTER 1. GLOBAL GAMMA BUTYROLACTONE MARKET EXECUTIVE SUMMARY

1.1. Global Gamma Butyrolactone Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Purity
  1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL GAMMA BUTYROLACTONE MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory Frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL GAMMA BUTYROLACTONE MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rising Demand in Pharmaceutical and Agrochemical Industries
  3.1.2. Advancements in Solvent Applications and Material Science
  3.1.3. Growth in Electrical and Petroleum Sectors
3.2. Market Challenges
  3.2.1. Stricter Regulatory Compliance and Environmental Regulations
  3.2.2. Volatility in Raw Material Prices
3.3. Market Opportunities
  3.3.1. Expansion into Emerging Markets with Growing Industrialization
  3.3.2. Innovation in Bio-based and Sustainable Production Methods
  3.3.3. Increased Investment in Research and Development for Advanced Applications

CHAPTER 4. GLOBAL GAMMA BUTYROLACTONE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL GAMMA BUTYROLACTONE MARKET SIZE & FORECASTS BY PURITY 2022-2032

5.1. Segment Dashboard
5.2. Global Gamma Butyrolactone Market: Purity Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. Industrial Class (5wt. %)
  5.2.2. Common Class (8wt. %)
  5.2.3. Electric Capacitance Class (9wt. %)

CHAPTER 6. GLOBAL GAMMA BUTYROLACTONE MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

6.1. Segment Dashboard
6.2. Global Gamma Butyrolactone Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Agrochemical Industry
  6.2.2. Electrical Industry
  6.2.3. Food Industry
  6.2.4. Pharmaceutical Industry
  6.2.5. Petroleum Industry

CHAPTER 7. GLOBAL GAMMA BUTYROLACTONE MARKET SIZE & FORECASTS BY REGION 2022-2032

7.1. North America Gamma Butyrolactone Market
  7.1.1. U.S. Gamma Butyrolactone Market
    7.1.1.1. Purity breakdown size & forecasts, 2022-2032
    7.1.1.2. Application breakdown size & forecasts, 2022-2032
  7.1.2. Canada Gamma Butyrolactone Market
    7.1.2.1. Purity breakdown size & forecasts, 2022-2032
    7.1.2.2. Application breakdown size & forecasts, 2022-2032
7.2. Europe Gamma Butyrolactone Market
  7.2.1. U.K. Gamma Butyrolactone Market
  7.2.2. Germany Gamma Butyrolactone Market
  7.2.3. France Gamma Butyrolactone Market
  7.2.4. Spain Gamma Butyrolactone Market
  7.2.5. Italy Gamma Butyrolactone Market
  7.2.6. Rest of Europe Gamma Butyrolactone Market
7.3. Asia-Pacific Gamma Butyrolactone Market
  7.3.1. China Gamma Butyrolactone Market
  7.3.2. India Gamma Butyrolactone Market
  7.3.3. Japan Gamma Butyrolactone Market
  7.3.4. Australia Gamma Butyrolactone Market
  7.3.5. South Korea Gamma Butyrolactone Market
  7.3.6. Rest of Asia-Pacific Gamma Butyrolactone Market
7.4. Latin America Gamma Butyrolactone Market
  7.4.1. Brazil Gamma Butyrolactone Market
  7.4.2. Mexico Gamma Butyrolactone Market
  7.4.3. Rest of Latin America Gamma Butyrolactone Market
7.5. Middle East & Africa Gamma Butyrolactone Market
  7.5.1. Saudi Arabia Gamma Butyrolactone Market
  7.5.2. South Africa Gamma Butyrolactone Market
  7.5.3. Rest of Middle East & Africa Gamma Butyrolactone Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. BASF SE
  8.1.2. Ashland Global Holdings Inc.
  8.1.3. LyondellBasell Industries Holdings B.V.
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. BASF SE
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Market Strategies
  8.3.2. Ashland Global Holdings Inc.
  8.3.3. LyondellBasell Industries Holdings B.V.
  8.3.4. Mitsubishi Chemical Corporation
  8.3.5. Puyang Guangming Chemicals Co., Ltd.
  8.3.6. Dairen Chemical Corporation
  8.3.7. Nippon Chemical Industrial Co., Ltd.
  8.3.8. Tokyo Chemical Industry Co., Ltd.
  8.3.9. Sigma-Aldrich Corporation
  8.3.10. Hangzhou Dayangchem Co., Ltd.

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Gamma Butyrolactone market, report scope
TABLE 2. Global Gamma Butyrolactone market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Gamma Butyrolactone market estimates & forecasts by Purity 2022-2032 (USD Billion)
TABLE 4. Global Gamma Butyrolactone market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 5. Global Gamma Butyrolactone market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Gamma Butyrolactone market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Gamma Butyrolactone market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Gamma Butyrolactone market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Gamma Butyrolactone market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Gamma Butyrolactone market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Gamma Butyrolactone market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Gamma Butyrolactone market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Gamma Butyrolactone market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Gamma Butyrolactone market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Gamma Butyrolactone market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Gamma Butyrolactone market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Gamma Butyrolactone market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Gamma Butyrolactone market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Gamma Butyrolactone market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Gamma Butyrolactone market estimates & forecasts by segment 2022-2032 (USD Billion)
…..

LIST OF FIGURES

FIG 1. Global Gamma Butyrolactone market, research methodology
FIG 2. Global Gamma Butyrolactone market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Gamma Butyrolactone market, key trends 2023
FIG 5. Global Gamma Butyrolactone market, growth prospects 2022-2032
FIG 6. Global Gamma Butyrolactone market, Porter’s 5 Force Model
FIG 7. Global Gamma Butyrolactone market, PESTEL analysis
FIG 8. Global Gamma Butyrolactone market, value chain analysis
FIG 9. Global Gamma Butyrolactone market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Gamma Butyrolactone market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Gamma Butyrolactone market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Gamma Butyrolactone market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Gamma Butyrolactone market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Gamma Butyrolactone market, regional snapshot 2022 & 2032
FIG 15. North America Gamma Butyrolactone market 2022 & 2032 (USD Billion)
FIG 16. Europe Gamma Butyrolactone market 2022 & 2032 (USD Billion)
FIG 17. Asia-Pacific Gamma Butyrolactone market 2022 & 2032 (USD Billion)
FIG 18. Latin America Gamma Butyrolactone market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Gamma Butyrolactone market 2022 & 2032 (USD Billion)
FIG 20. Global Gamma Butyrolactone market, company market share analysis (2023)
…..
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.


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