Gamma valerolactone is colorless liquid. It is one of the more common lactones. GVL is chiral but is usually used as the racemate. It can be used to produce food flavors, used as solvent for resins, monomer intermediate, lubricant, plasticizer and so on.
Gamma valerolactone has been used in food flavors, solvent industry, as well as chemical synthesis and so on. Among various applications, food flavors accounts for the largest consumption share with 80.57% in 2017.
The gamma valerolactone industry is relatively small at the moment. There are only a few manufacturers engaged in the production. Manufacturers of Anhui Hyea gamma valerolactone mainly concentrate in China. Aromas is the largest producer of gamma valerolactone, owning 62% production share globally.
Consumption of gamma valerolactone mainly distribute in USA and China. USA imports gamma valerolactone from China to meet its demand. In 2017, 13.8 MT gamma valerolactone was consumed in USA while China consumed 29.81%.
The report offers detailed coverage of Gamma Valerolactone (CAS 108-29-2) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Gamma Valerolactone (CAS 108-29-2) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Gamma Valerolactone (CAS 108-29-2) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Gamma Valerolactone (CAS 108-29-2) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Anhui Hyea Aromas
Dideu Industries
Kunshan Qiandeng Baihua
Zhongyue Aroma
Soda Aromatic
Inoue Perfumery MFG
At the same time, we classify Gamma Valerolactone (CAS 108-29-2) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Food Grade
Industrial Grade
Market by Application
Food Flavors
Solvent
Monomer Intermediate
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Gamma Valerolactone (CAS 108-29-2) market for the forecast period 2021 - 2025?
• What are the driving forces in the Gamma Valerolactone (CAS 108-29-2) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Gamma Valerolactone (CAS 108-29-2) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?