Lignin Market Report 2028 Focuses On Top Companies, Research Methodology, Size, Consumption, And Opportunities

A recent report published by QMI on Lignin market is a detailed assessment of the most important market dynamics. After carrying out a thorough research on the market of Lignin historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for Lignin during the forecast period. It can enable manufacturers of Lignin to change their production and marketing strategies in order to envisage maximum growth.

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According to the report, the growing construction industry worldwide is expected to drive the growth of the lignin market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Understanding the chemistry and uses of Lignin-
Lignin is a class of complex organic polymers that form key structural materials in the cell walls of almost all dryland plants. It is the world's second most abundant natural polymer, exceeded by cellulose alone. Lignin is the only one of the polymers found in plant cell walls that is not made up of monomers of carbohydrates (sugar).

Major factors driving the market are the increased consumption of ligno-sulfonates in concrete admixtures and rising demand for animal feed. The existing gap between R&D activities and consumer products is likely to impede the market growth studied. Increasing popularity to replace fossil-based raw materials is expected to offer many opportunities over the forecast period.

Based on the application, the concrete additives segment is expected to account for the largest market share during the forecast period. Concrete admixtures improve the workability, compressive strength, durability, and chemical resistance while reducing concrete water. They provide benefits, such as effective placement of concrete in extreme weather conditions, reduced permeability, resistance to corrosion, improved concrete placement underwater, etc.

Thus, the consumption of admixtures is increasing in the construction industries, worldwide. These concrete admixtures are of different types, of which, ligno-sulfonates are lignin-based, and offer benefits, such as improved performance and concrete strength, reduced concrete shrinkage, reduced damages caused by acid rains and moisture, and increased final strength, among others.

The regional analysis provided in the report-
Europe is expected to be the largest market for lignin during the forecast period. The region is projected to maintain its leading position over the forecast years on account of strict regulations regarding GHG emissions coupled with a robust manufacturing base of bio-polymers in Germany, France, Netherlands, and Belgium. However, Asia-Pacific is projected to register the fastest growth rate during the forecast period. Due to the growing demand for concrete admixtures in major countries such as China, India, Japan, South Korea, and ASEAN, the consumption of ligno-sulfonates (used in concrete admixtures) is likely to increase over the forecast period. In addition, increasing the use of lignin products in various applications is anticipated to propel the market growth in Asia-Pacific at a high CAGR.

Important Factors Impacting Market Growth:
o Increasing consumption of ligno-sulphonate in concrete admixtures
o The growing construction industry worldwide
o Rising demand for animal feed
o The gap between R&D activities and consumer products

Key Development:
o In June 2018, Borregaard LignoTech (Norway) opened a new lignin plant in Fernandina Beach, Florida. They invested 110 million USD to achieve a production capacity of 100,000 metric tonnes lignin measured as dry substance. The plant has been in test operation for some time, and the facility is now producing saleable lignin.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Borregaard LignoTech
2. Tembec
3. Domtar Corporation
4. Asian Lignin Manufacturing Pvt. Ltd.
5. Northway Lignin Chemical
6. Green Value
7. Aditya Birla Group
8. Changzhou Shanfeng Chemical Industry Company
9. the Dallas Group of America Inc.
10. Liquid Lignin Company LLC
11. Nippon Paper Industries Co. Ltd.
12. Metsa Group
13. Fibria
14. Lenzing AG
15. and Ingevity Corporation

Market Segmentation:
By Type:
o Ligno-Sulphonates
o Kraft Lignin
o Low Purity Lignin
o Others
By Source:
o Cellulosic Ethanol
o Kraft Pulping
o Sulphite Pulping
By Application:
o Activated Carbon
o Animal Feed
o Carbon Fibers
o Concrete Additives
o Dispersants
o Phenol & Derivatives
o Plastics/Polymers
o Resins
o Vanillin
o Others
By Region:
o North America
o By Country (US, Canada, Mexico)
o By Type
o By Source
o By Application
o Western Europe:
o By Country (Germany, UK, France, Spain, Rest of Western Europe)
o By Type
o By Source
o By Application
o Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Source
o By Application
o Asia Pacific
o By Country (China, Japan, India, Rest of Asia Pacific)
o By Type
o By Source
o By Application
o Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Type
o By Source
o By Application
o Rest of the World
o By Region (Latin America, Brazil, Rest of the World)
o By Type
o By Source
o By Application

Reasons To Buy This Report:
o Market size estimation of the global lignin market on a regional and global basis.
o The unique research design for market size estimation and forecast.
o Profiling of major companies operating in the market with key developments.
o Broad scope to cover all the possible segments helping every stakeholder in the market.

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.