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Global Lignosulfonates Market size will USD 973 million by 2024, with projected 3.7% growth | by Key Players Borregaard LignoTech, Tembec Inc., Sappi Limited, Flambeau River Papers
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However, increasing oil-well exploration in the Middle East &Africa along with escalating oil well additives demand has created new growth opportunities for lignosulfonates market size. In 2010, MEA oil production was over 23 million barrels and might exceed more than 28 million per day owing to complement industry growth.
Key insights from the report include:
Global lignosulfonates market size will USD 973 million by 2024, with projected 3.7% growth.
In 2015, sodium lignosulfonates market size generated revenue more than USD 290 million. It is highly commercialized product and finds widespread application array such as plasticizers in concrete admixtures and pellet binders in animal feed industry.
Lignosulfonates market share for animal feed binders must witness maximum gains at over 4% CAGR. Rising awareness towards improving animal health will boost industry growth for this application.
In 2015, North America, mainly dominated by the U.S. lignosulfonates market size generated revenue more than USD 130 million. The regional growth was mainly driven escalating feed additives demand. However, Asia Pacific must experience highest gains over the forecast timeframe owing to increasing construction spending in China, Japan and India.
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Table Of Content For This Research Report:
Chapter 4 Lignosulfonates Product Insights
4.1 Lignosulfonates market share by product, 2015 & 2024
4.2 Calcium Lignosulfonate
4.2.1 Global market estimates and forecast, 2013 - 2024
4.2.2 Global Lignosulfonates market estimates and forecast, by region, 2013 - 2024
4.3 Sodium Lignosulfonate
4.3.1 Global market estimates and forecast, 2013 - 2024
4.3.2 Global market estimates and forecast, by region, 2013 – 2024
4.4 Magnesium Lignosulfonate
4.4.1 Global Lignosulfonates market estimates and forecast, 2013 - 2024
4.4.2 Global market estimates and forecast, by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/lignosulfonates-market
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