N-Butyllithium Market Growth Prospects, Trends and Forecast up to 2030
In a recent research report by Market Research Community, the N-Butyllithium Market is expected to surpass USD 1,105.04 Million by the year 2030, from USD 656.52 Million in 2021. The N-Butyllithium is one of the prominent types of organolithium reagent. The standard manufacturing for N- Butyllithium is the reaction of butyl chloride or butyl bromide with Li metal. N-butyllithium is primarily available in liquid form. N-Butyllithium is primarily used as a strong base in various applications, including pharmaceuticals, elastomers, synthetic rubber, and others. Recent trends such as the growth of pharmaceutical production and the recently opened elastomer manufacturing facilities in Europe, the U.S., China, and Japan are boosting the demand for N-Butyllithium to ensure superior base formulation so that the products have higher durability. For instance, according to IQVIA, a leading pharmaceutical manufacturer in the U.S., the pharmaceutical industry in the U.S. registered a growth of...