Global Lignosulfonates Market Size, Share & Trends Analysis Report By Application, By Type (Sodium Lignosulfonate, Calcium Lignosulfonate, Magnesium Lignosulfonate, and Others), By Regional Outlook and Forecast, 2024 - 2031

Global Lignosulfonates Market Size, Share & Trends Analysis Report By Application, By Type (Sodium Lignosulfonate, Calcium Lignosulfonate, Magnesium Lignosulfonate, and Others), By Regional Outlook and Forecast, 2024 - 2031

The Global Lignosulfonates Market size is expected to reach $1.4 billion by 2031, rising at a market growth of 3.5% CAGR during the forecast period. In the year 2023, the market attained a volume of 1,647.64 kilo tonnes, experiencing a growth of 21.0% (2020-2023).

European livestock producers have placed a greater emphasis on animal performance and welfare. Lignosulfonates offer various benefits in animal feed formulations, including improved pellet quality, enhanced digestibility, and reduced dustiness. Hence, these factors will boost the demand in the segment. Thus, the Europe region acquired 37% revenue share in the market 2023. In terms of volume, the Europe region is expected to utilize 738.04 kilo tonnes of Lignosulfonates by 2031.

Concrete admixtures are substances added to concrete during mixing to modify its properties. They can improve various characteristics such as workability, strength, durability, and setting time. With modern construction requirements becoming more demanding, there's a greater need to tailor concrete mixtures to meet specific project needs.

Additionally, R&D activities focus on improving the performance of lignosulfonate-based products in various applications. This may involve optimizing formulations to enhance properties such as dispersibility, solubility, stability, and compatibility with other additives or materials.

However, Lignosulfonate production often requires substantial energy and water inputs, contributing to its resource-intensive nature. The extraction and processing of lignin from wood pulp demands significant energy expenditures, increasing the production process's carbon footprint. Therefore, these factors will lead to decreased demand in the market.

Application Outlook

On the basis of application, the market is divided into oil well additives, concrete additives, animal feed binders, dust control, and others. In 2023, the animal feed binders segment witnessed 18% revenue share in the market. In terms of volume 440.37 kilo tonnes of lignosulfonates in animal feed binders’ application by 2031.

Type Outlook

Based on type, the market is segmented into sodium lignosulfonate, calcium lignosulfonate, magnesium lignosulfonate, and others. The sodium lignosulfonate segment held 42% revenue share in the market in 2023. In terms of volume the Sodium lignosulfonates segment is expected to attain a volume of 970.27 kilo tonnes by 2031. Sodium lignosulfonates find applications across diverse industries, including construction, agriculture, animal feed, and chemical processing.

Regional Outlook

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The North America segment procured a considerable revenue share in the market in 2023. In terms of volume, the North America region is expected to utilize 511.04 kilo tonnes of lignosulfonates by 2031.

List of Key Companies Profiled

• Tokyo Chemical Industry Co., Ltd.
• Sappi Limited
• Cardinal Chemicals Pvt. Ltd.
• Rayonier Advanced Materials, Inc.
• Domsjö Fabriker AB (Aditya Birla Group)
• Ingevity Corporation
• Burgo Group S.p.A. (BG Holding S.r.l.)
• The Dallas Group of America, Inc.
• Borregaard AS
• Abelin Polymers

Global Lignosulfonates Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Concrete Additives
• Oil Well Additives
• Animal Feed Binders
• Dust Control
• Others

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Sodium Lignosulfonate
• Calcium Lignosulfonate
• Magnesium Lignosulfonate
• Others

By Geography (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA