GBL Market Report 2025 (Global Edition)

Global GBL Market Report 2025 Market Size Split by Grade Outlook: (Industrial Class (5 Wt. %), Electric Capacitance Class (9 Wt. %), Common Class (8 Wt. %)), by Application Outlook: (Solvent, Casting ...

GBL Market Report Description

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Competitive Landscape of the GBL Market

The Gamma-Butyrolactone (GBL) market is characterized by intense competition among key players focused on meeting diverse industrial demands. Major companies lead the market with robust production capacities and extensive distribution networks. These players invest in research to develop innovative and environmentally sustainable production methods. Regional players also contribute significantly, catering to localized demand across industries like pharmaceuticals, electronics, and agrochemicals. The competitive landscape is further shaped by strategic collaborations, mergers, and expansions aimed at enhancing market presence and technological capabilities.

Top Companies Market Share in GBL Industry: (In no particular order of Rank)

• 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.
• Zhejiang Realsun Chemical Co. Ltd.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the GBL Market

Which Region Dominates the GBL Market in 2024?

According to Cognitive Market Research, North America currently dominates the GBLs market, and the region is expected to have significant growth during the projected period. This is due to its advanced industrial base and high demand across pharmaceuticals, electronics, and agrochemicals.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to rapid industrialization, expanding chemical and pharmaceutical sectors, and increasing demand for electronics and agrochemicals.

The current report Scope analyzes GBL Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America GBL Market Analysis

According to Cognitive Market Research, the global GBL market size was estimated at USD 3751.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1500.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the GBL market with a market size of USD 1183.97 million in 2024 and is projected to grow at a CAGR of 1.2% during the forecast period due to the expanding use of GBL in the production of biodegradable plastics and chemicals.
• The Canada GBL market had a market share of USD 180.07 million in 2024 and is projected to grow at a CAGR of 2.2% during the forecast period due to the increased adoption of GBL in the automotive and electronics industries.
• The Mexico GBL market is projected to witness growth at a CAGR of 1.9% during the forecast period, with a market size of USD 136.55 million in 2024.

Europe GBL Market Analysis

According to Cognitive Market Research, the global GBL market size was estimated at USD 3751.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1125.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.

• The United Kingdom GBL market had a market share of USD 189.08 million in 2024 and is projected to grow at a CAGR of 2.5% during the forecast period. In the UK, GBL sales witness an upswing due to the increasing adoption of GBL as a solvent in the production of high-performance materials.
• The France GBL market is projected to witness growth at a CAGR of 0.9% during the forecast period, with a market size of USD 103.54 million in 2024.
• According to Cognitive Market Research, the German GBL market size was valued at USD 222.84 million in 2024 and is projected to grow at a CAGR of 1.9% during the forecast period. In Germany, GBL surged due to the expansion of the electronics and battery industries.
• The Italy GBL market is projected to witness growth at a CAGR of 1.1% during the forecast period, with a market size of USD 96.79 million in 2024.
• The Russia GBL market is projected to witness growth at a CAGR of 0.7% during the forecast period, with a market size of USD 174.44 million in 2024.
• The Spain GBL market is projected to witness growth at a CAGR of 0.8% during the forecast period with a market size of USD 92.29 million in 2024
• The Luxembourg GBL market is projected to witness growth at a CAGR of 1.8% during the forecast period, with a market size of USD 34.89 million in 2024.
• The Portugal GBL market is projected to witness growth at a CAGR of 1.5% during the forecast period, with a market size of USD 23.63 million in 2024.
• The Greece GBL market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 13.51 million in 2024.
• The Rest of Europe's GBL market is projected to witness growth at a CAGR of 0.4% during the forecast period, with a market size of USD 174.44 million in 2024.

Asia Pacific GBL Market Analysis

According to Cognitive Market Research, the global GBL market size was estimated at USD 3751.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 862.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• According to Cognitive Market Research, the China GBL market size was valued at USD 388.28 million in 2024 and is projected to grow at a CAGR of 4.7% during the forecast period. GBL surged in China due to growing pharmaceutical and agrochemical industries utilizing GBL as a key intermediate.
• The Japan GBL market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 119.07 million in 2024.
• The India GBL market had a market share of USD 103.54 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period due to the increasing adoption of GBL in electronics and polymers .
• The South Korean GBL market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 86.28 million in 2024.
• The Australian GBL market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 44.87 million in 2024.
• The South East Asia GBL market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 59.54 million in 2024.
• The Rest of Asia Pacific GBL market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 61.26 million in 2024.

South America GBL Market Analysis

According to Cognitive Market Research, the global GBL market size was estimated at USD 3751.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 187.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil GBL market size was valued at USD 80.28 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. GBLs flourished in Brazil due to increasing demand for solvents.
• Argentina's GBL market had a market share of USD 31.51 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period due to the increased adoption of GBL in electronics cleaning and surface treatment processes .
• Colombia's GBL market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 16.69 million in 2024.
• Peru GBL market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 15.38 million in 2024.
• Chile GBL market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 13.51 million in 2024.
• The Rest of Latin America's GBL market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 30.20 million in 2024.

Middle East GBL Market Analysis

According to Cognitive Market Research, the global GBL market size was estimated at USD 3751.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 75.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031..

• The GCC Countries GBL market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 32.11 million in 2024. GBL sales flourish due to the growing demand for agrochemicals and herbicides in the agricultural sector.
• The Egypt GBL market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 7.88 million in 2024.
• The South Africa GBL market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 11.85 million in 2024. GBL sales flourished in South Africa due to increasing investments in pharmaceutical production.
• The Turkey GBL market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 6.45 million in 2024.
• The Nigeria GBL market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 7.88 million in 2024.
• The Rest of the MEA GBL market is projected to witness growth at a CAGR of 1.9% during the forecast period, with a market size of USD 8.85 million in 2024.

GBL Market Analysis

How are Segments Performing in the Global GBL Market?

GBL Market Grade Segment Analysis

According to Cognitive Market Research, electric capacitance class (9 Wt. %) GBLs are likely to dominate the GBL Market over the forecast period due to their superior dielectric properties, making them essential for producing high-performance electrolytic capacitors used in electronics. Their high purity and stability ensure efficient energy storage, driving demand across industries like automotive, telecommunications, and consumer electronics, solidifying their market dominance.

The industrial class (5 Wt. %) is the fastest-growing segment in the GBL Market due to its widespread applications in diverse industries. Its versatility in producing high-performance polymers, speciality chemicals, and solvents for industrial cleaning drives demand. Additionally, increasing usage in electronics and agrochemicals enhances its growth trajectory in global markets.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of GBL Industry. Request a Free Sample PDF!

GBL Market Application Segment Analysis

According to Cognitive Market Research, the solvent segment holds the largest share of the market due to its widespread use in diverse applications, including paints, coatings, adhesives, and cleaning agents. Its exceptional solvency power, compatibility with various chemicals, and role as an intermediate in industrial synthesis drive its demand, making it a critical component in numerous industries globally.

In the GBL Market, the batteries & capacitors sector has been expanding at a rapid pace due to the rising demand for energy storage solutions in electronics and renewable energy systems. GBL's role as a solvent and electrolyte precursor enhances performance and efficiency, driving its adoption in advanced battery technologies and capacitors for sustainable energy applications.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

GBL Purity Outlook: Segment Analysis

GBL Market Purity Segment Analysis

According to Cognitive Market Research, min. The 99.9% segment holds the largest market share due to its critical role in high-performance applications such as pharmaceuticals, electronics, and speciality chemicals. Its superior quality ensures reliability, making it the preferred choice for industries requiring stringent standards, thereby driving demand for ultra-pure GBL over lower-grade alternatives.

In the GBL market, the rapidly growing sector is the min. 99.9% category due to its high demand in applications requiring superior quality and performance, such as pharmaceuticals, electronics, and speciality chemicals. Its exceptional purity ensures reliability, making it ideal for precision-driven industries, thereby driving its rapid adoption and market growth.

• Min. 99.9%
• Min. 99.7%

GBL End-use Outlook: Segment Analysis

GBL Market End-use Segment Analysis

According to Cognitive Market Research, the electrical industry segment dominates the market due to its extensive use in manufacturing capacitors, lithium-ion batteries, and other electronic components. GBL's solvent properties and role in advanced materials processing drive its demand, particularly as the industry expands with the adoption of renewable energy technologies and electric vehicles.

Agrochemical industry is projected to be the fastest-growing segment in the GBL market due to the increasing demand for herbicides, fungicides, and pesticides. GBL acts as a solvent in agrochemical formulations, enhancing their effectiveness and stability, which drives its growing use in agricultural applications, particularly in regions with expanding agricultural activities.

• Pharmaceutical Industry
• Electrical Industry
• Agrochemical Industry
• Petroleum Industry
• Food Industry
• Others

Author's Detail

Ashwini Moharir

Research Analyst at Cognitive Market Research

LinkedIn

Profile

Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.

Author's Conclusion