Europe Gamma Butyrolactone Market is expected to expand at a CAGR of 2.7% from 2021 to 2028
Europe Gamma Butyrolactone Industry Overview The Europe gamma butyrolactone market size was estimated at USD 1.10 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 2.7% from 2021 to 2028. The market is anticipated to be driven by the growth of electronic products and organic agrochemicals. The market for gamma butyrolactone in Europe is largely dependent on the trends of its application markets. The high demand for semiconductor devices in various electronic products and electrical vehicles coupled with rising demand for organic agrochemical due to increasing awareness regarding harmful effects of chemical-based pesticides and herbicides are expected to drive the demand over the forecast period. Gather more insights about the market drivers, restrains and growth of the Europe Gamma Butyrolactone Market The compound is used as a viscosity modifier for polyurethanes, rubber additives, plant growth regulators, and as a ...