Global Gamma-Butyrolactone (GBL) market is projected to expand from USD 1.2 Billion in 2024 to approximately USD 1.8 Billion by 2030, reflecting a CAGR of 5.8%
Global Gamma-Butyrolactone (GBL) market is expanding, driven by its vital role as a solvent and precursor in the pharmaceutical, electronics (batteries), and agrochemical sectors. Key challenges include raw material price volatility and strict regulatory controls due to potential misuse. Asia-Pacific remains the dominant region.
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