Press release
Lignin Market Size - Industry Share, Growth Analysis Report 2018-2025
Industry Outlook
The lignin is the class of complex natural polymers that can form vital auxiliary materials found in the support tissues of some algae and vascular plants. They are especially critical in the development of the cell walls, particularly in the wood and the bark, since they loan unbending nature and don't spoil with ease. The lignins are chemically cross-connected polymers of phenolic. They find wide range of applications like the binders, additives for food, cement, dispersants, sequestering agents, battery and some other applications. Therefore, the Lignin Market is anticipated to expand and has tremendous scope during the forecast period. The global Lignin Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers and Restrains
On the basis of Product the market is segmented into Organosolv Lignin, Kraft Lignin, Ligno-Sulphonates and Other Products. The Ligno-Sulphonates section is leading the market owing to rising demand for lignin that is free from sulphur, increasing demand and awareness about the products on bio, etc.
On the basis of Application the market is segmented into Aromatics and Macromolecules. The Macromolecules section is leading the market with more than half the market shares owing to increasing demand of carbon fibers in automotive and construction due to less weight, and other factors.
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Regional Insights
European region is leading the global Lignin Market owing to increasing demand for the controllers of dust for tacking with problem of air pollution, increasing number of activities related to building and construction, etc.
Lignin Market, By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
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Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Nippon Paper Industries
Borregaard Lignotech
Burgo Group Spa
Tembec
Liquid Lignin Company
Ingevity
Domtar Corporation
Domsjo Fabriker AB
Green Value SA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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