γ-Butylrolactone Market
γ-Butylrolactone Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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γ-Butylrolactone Market Size and Growth
The γ-Butyrolactone market is experiencing significant growth, driven by increasing demand across various industries, including pharmaceuticals and chemicals. Current market size estimates range around USD 600 million, with projections indicating a compound annual growth rate (CAGR) of approximately 5% through the next five years, reflecting robust market conditions and expansion opportunities. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Ashland
◍ BASF
◍ Jian Yun Xiang Chemical
◍ Shanghai Shucan Industrial
◍ Ventos
◍ Nanjing Benzhi Chemical
◍ PuYang Guangming Chemicals
◍ MYJ Chemical
◍ Yanlingchem
◍ Magpiechem
The γ-Butyrolactone market features key players like Ashland, BASF, and Jian Yun Xiang Chemical, which utilize γ-Butyrolactone for solvents, chemicals, and pharmaceuticals. Companies like Ventos and Nanjing Benzhi Chemical contribute to market growth through innovative applications and expanding production capacities. Sales revenues include Ashland: $3.5 billion; BASF: $70 billion.
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Market Segmentation
By Application
Petroleum Chemical Industry
Electronic
Other
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By Product
Chemical Grade
Reagent Grade
Market Growth
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$ X Billion USD
