Global Lignin Market Growth 2023-2029

Global Lignin Market Growth 2023-2029

Lignin is the most abundant natural raw material available on Earth in terms of solar energy storage.
LPI (LP Information)' newest research report, the “Lignin Industry Forecast” looks at past sales and reviews total world Lignin sales in 2022, providing a comprehensive analysis by region and market sector of projected Lignin sales for 2023 through 2029. With Lignin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lignin industry.
This Insight Report provides a comprehensive analysis of the global Lignin 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 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lignin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lignin 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.
The global Lignin market size is projected to grow from US$ 605.6 million in 2022 to US$ 793.9 million in 2029; it is expected to grow at a CAGR of 793.9 from 2023 to 2029.
Lignin and Lignin-Based Products can be broadly classified into three types: Kraft Lignin, Lignosulphonates and other, and the proportion of Lignosulphonates in 2019 is about 90%.
Lignin and Lignin-Based Products is widely used in Construction, Animal Feed, Agricultural Industry and others. The most proportion of Lignin and Lignin-Based Products is used in Construction, and the consumption proportion is about 40% in 2019.
Europe region is the largest supplier of Lignin and Lignin-Based Products, with a production market share nearly 32% in 2019. Middle East and Africa is the second largest supplier of Lignin and Lignin-Based Products, enjoying market share nearly 28% in 2019.
Europe is the largest consumption place, with a consumption market share nearly 35% in 2019. Following Europe, Asia Pacific is the second largest consumption place with the consumption market share of 32%. North America is also an important area.
Borregaard LignoTech, KMT Polymers, Tembec (Rayonier Advanced Materials), Domtar, etc. are the leaders of the industry.
This report presents a comprehensive overview, market shares, and growth opportunities of Lignin market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Kraft Lignin Products
Sodium Lignosulfonate
Calcium Lignosulfonate
Magnesium Lignosulfonate
Ammonium Lignosulfonate
Potassium Lignosulfonate
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 market?
What factors are driving Lignin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lignin market opportunities vary by end market size?
How does Lignin 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.