The Lignin Products Market is expected to register a CAGR of over 3.5% during the forecast period (2023-2028).
The COVID-19 pandemic negatively impacted the market. This was because of the shutdown of the manufacturing facilities and plants due to the lockdown and restrictions. Supply chain and transportation disruptions further created hindrances for the market. However, the industry witnessed a recovery in 2021, thus rebounding the demand for the market studied.
The Lignin Products Market is consolidated in nature. The major players in this market include (not in a particular order) Borregaard AS, Domsjo Fabriker, Sappi, Burgo Group SpA, and Nippon Paper Industries Co. Ltd., among others.
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