Global Lignin and Lignin-Based Products Market Growth 2023-2029

Global Lignin and Lignin-Based Products Market Growth 2023-2029

Lignin is the most abundant natural raw material available on Earth in terms of solar energy storage. It represents 30 per cent of all the non-fossil organic carbon on Earth. Lignin can be used as a green alternative to many petroleum-derived substances, such as fuels, resins, rubber additives, thermoplastic blends, nutra and pharmaceuticals. It is also known to be the only renewable source for industrial aromatics production. Lignin can be found in other plants, such as cereal straws, bamboo and bagasse, but it is in wood that lignin content is the highest in terms of weight: 20–35 percent in wood compared to 3–25 per cent in other lignin sources.
Typically, kraft and organosolv lignins are two suitable candidates, whereas lignosulfonates will most likely lead to lower-value chemicals, which require more complicated processing.

In this report, we mainly analyze the lignosulphonates and Kraft lignin, including sodium lignosulfonate products, calcium lignosulfonate products, magnesium lignosulfonate products and Kraft lignin etc.
LPI (LP Information)' newest research report, the “Lignin and Lignin-Based Products Industry Forecast” looks at past sales and reviews total world Lignin and Lignin-Based Products sales in 2022, providing a comprehensive analysis by region and market sector of projected Lignin and Lignin-Based Products sales for 2023 through 2029. With Lignin and Lignin-Based Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lignin and Lignin-Based Products industry.
This Insight Report provides a comprehensive analysis of the global Lignin and Lignin-Based Products landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lignin and Lignin-Based Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lignin and Lignin-Based Products market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lignin and Lignin-Based Products and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lignin and Lignin-Based Products.
The global Lignin and Lignin-Based Products market size is projected to grow from US$ 1051.6 million in 2022 to US$ 1519.1 million in 2029; it is expected to grow at a CAGR of 1519.1 from 2023 to 2029.
The major players in global Lignin and Lignin-Based Products market include Borregaard LignoTech, KMT Polymers, etc. The top 2 players occupy over 50% shares of the global market. Europe is the main market, and occupies about 40% of the global market. Lignosulphonates is the main type, with a share about 90%. Construction is the main application, which holds a share about 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Lignin and Lignin-Based Products market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Kraft Lignin
Lignosulphonates
Others
Segmentation by application
Construction
Agricultural Industry
Animal Feed
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Borregaard LignoTech
KMT Polymers
Tembec(Rayonier Advanced Materials)
Domtar
Nippon Paper
Domsjo Fabriker
MWV (WestRock)
Weili Group
Wuhan East China Chemical
Shenyang Xingzhenghe Chemical
Xinyi Feihuang Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lignin and Lignin-Based Products market?
What factors are driving Lignin and Lignin-Based Products market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lignin and Lignin-Based Products market opportunities vary by end market size?
How does Lignin and Lignin-Based Products break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.