Product Code: IRTNTR71439
Gamma-Butyrolactone Market 2024-2028
The gamma-butyrolactone market is forecasted to grow by USD 741.1 mn during 2023-2028, accelerating at a CAGR of 5.9% during the forecast period. The report on the gamma-butyrolactone market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by beneficial properties of gbl leading to its widespread adoption, growth in usage of gbl in manufacturing of various chemical compounds, and growing urbanization and industrialization.
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.5% |
CAGR | 5.9% |
Incremental Value | $741.1 mn |
Technavio's gamma-butyrolactone market is segmented as below:
By Type
- Dehydrogenation of 1 4 butanediol
- Hydrogenation of maleic anhydride
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the growing demand for battery electric vehicles as one of the prime reasons driving the gamma-butyrolactone market growth during the next few years. Also, increasing demand from pharmaceutical and agrochemical industry and wide use of gbl in agriculture, factory, and cosmetics fields will lead to sizable demand in the market.
The report on the gamma-butyrolactone market covers the following areas:
- Gamma-Butyrolactone Market sizing
- Gamma-Butyrolactone Market forecast
- Gamma-Butyrolactone Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gamma-butyrolactone market vendors that include Ashland Inc., BASF, Changxin Chemical Science Tech Co., Dairen Chemical Corp., Dycon Chemicals, Genomatica Inc., Jigs Chemical Ltd., Mitsubishi Chemical Corp., Nan Ya Plastic Corp., Qingdao TaiHongDa Chemical Co. Ltd ., Saudi International Petrochemical Company, Shanxi Sanwei Group Co. Ltd, Taj Pharmaceuticals Ltd., and Zhejiang Realsun Chemical Co. Ltd.. Also, the gamma-butyrolactone market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Gamma-Butyrolactone Market 2018 - 2022
- Historic Market Size - Data Table on Global Gamma-Butyrolactone Market 2018 - 2022 ($ million)
- 4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 4.3 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.4 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 6.3 Dehydrogenation of 1 4 butanediol - Market size and forecast 2023-2028
- Chart on Dehydrogenation of 1 4 butanediol - Market size and forecast 2023-2028 ($ million)
- Data Table on Dehydrogenation of 1 4 butanediol - Market size and forecast 2023-2028 ($ million)
- Chart on Dehydrogenation of 1 4 butanediol - Year-over-year growth 2023-2028 (%)
- Data Table on Dehydrogenation of 1 4 butanediol - Year-over-year growth 2023-2028 (%)
- 6.4 Hydrogenation of maleic anhydride - Market size and forecast 2023-2028
- Chart on Hydrogenation of maleic anhydride - Market size and forecast 2023-2028 ($ million)
- Data Table on Hydrogenation of maleic anhydride - Market size and forecast 2023-2028 ($ million)
- Chart on Hydrogenation of maleic anhydride - Year-over-year growth 2023-2028 (%)
- Data Table on Hydrogenation of maleic anhydride - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 8.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 8.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 8.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 8.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 8.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 8.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 8.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 8.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 8.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 8.11 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 8.12 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 8.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 9.4 Market opportunities/restraints
10 Competitive Landscape
- 10.1 Overview
- 10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 10.3 Landscape disruption
- Overview on factors of disruption
- 10.4 Industry risks
- Impact of key risks on business
11 Competitive Analysis
- 11.1 Companies profiled
- 11.2 Market positioning of companies
- Matrix on companies position and classification
- 11.3 Ashland Inc.
- Ashland Inc. - Overview
- Ashland Inc. - Business segments
- Ashland Inc. - Key news
- Ashland Inc. - Key offerings
- Ashland Inc. - Segment focus
- 11.4 BASF
- BASF - Overview
- BASF - Business segments
- BASF - Key news
- BASF - Key offerings
- BASF - Segment focus
- 11.5 Changxin Chemical Science Tech Co.
- Changxin Chemical Science Tech Co. - Overview
- Changxin Chemical Science Tech Co. - Product / Service
- Changxin Chemical Science Tech Co. - Key offerings
- 11.6 Dairen Chemical Corp.
- Dairen Chemical Corp. - Overview
- Dairen Chemical Corp. - Product / Service
- Dairen Chemical Corp. - Key offerings
- 11.7 Dycon Chemicals
- Dycon Chemicals - Overview
- Dycon Chemicals - Product / Service
- Dycon Chemicals - Key offerings
- 11.8 Genomatica Inc.
- Genomatica Inc. - Overview
- Genomatica Inc. - Product / Service
- Genomatica Inc. - Key offerings
- 11.9 Jigs Chemical Ltd.
- Jigs Chemical Ltd. - Overview
- Jigs Chemical Ltd. - Product / Service
- Jigs Chemical Ltd. - Key offerings
- 11.10 Mitsubishi Chemical Corp.
- Mitsubishi Chemical Corp. - Overview
- Mitsubishi Chemical Corp. - Business segments
- Mitsubishi Chemical Corp. - Key offerings
- Mitsubishi Chemical Corp. - Segment focus
- 11.11 Nan Ya Plastic Corp.
- Nan Ya Plastic Corp. - Overview
- Nan Ya Plastic Corp. - Business segments
- Nan Ya Plastic Corp. - Key offerings
- Nan Ya Plastic Corp. - Segment focus
- 11.12 Qingdao TaiHongDa Chemical Co. Ltd .
- Qingdao TaiHongDa Chemical Co. Ltd . - Overview
- Qingdao TaiHongDa Chemical Co. Ltd . - Product / Service
- Qingdao TaiHongDa Chemical Co. Ltd . - Key offerings
- 11.13 Saudi International Petrochemical Company
- Saudi International Petrochemical Company - Overview
- Saudi International Petrochemical Company - Business segments
- Saudi International Petrochemical Company - Key offerings
- Saudi International Petrochemical Company - Segment focus
- 11.14 Shanxi Sanwei Group Co. Ltd
- Shanxi Sanwei Group Co. Ltd - Overview
- Shanxi Sanwei Group Co. Ltd - Product / Service
- Shanxi Sanwei Group Co. Ltd - Key offerings
- 11.15 Taj Pharmaceuticals Ltd.
- Taj Pharmaceuticals Ltd. - Overview
- Taj Pharmaceuticals Ltd. - Product / Service
- Taj Pharmaceuticals Ltd. - Key offerings
- 11.16 Zhejiang Realsun Chemical Co. Ltd.
- Zhejiang Realsun Chemical Co. Ltd. - Overview
- Zhejiang Realsun Chemical Co. Ltd. - Product / Service
- Zhejiang Realsun Chemical Co. Ltd. - Key offerings
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 12.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 12.4 Research methodology
- 12.5 Data procurement
- 12.6 Data validation
- 12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 12.8 Data synthesis
- 12.9 360 degree market analysis
- 360 degree market analysis
- 12.10 List of abbreviations