Press release
Global Sodium Lignosulfonate Market Witnesses Steady Growth as Construction and Agriculture Industries Flourish
Sodium lignosulfonate is being used at an increased rate in the food business as an additive. Owing to its staining effect as a dye dispersant, the application of sodium lignosulfonate becomes objectionable. Therefore, companies need to invest in R&D activities to study multiple molecular weight fractions of lignosulfonate.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ฎ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ -https://www.factmr.com/connectus/sample?flag=S&rep_id=8310
The imbalance in the demand and supply of lignosulfonate is having a direct impact on its use to produce oil well additives. Various financially unstable companies are capitalizing on government schemes and programs that are offered by the Banking, Financial Services, and Insurance (BFSI) sector to enrich their product portfolios. These companies are resorting to mergers & acquisitions to gain higher profits in the market.
Asia Pacific is anticipated to experience significant growth opportunities owing to increasing expenditure on construction activities in China, Japan, and India. Furthermore, North America is projected to hold a noteworthy share of the global market due to the presence of prominent animal feed mills in the United States.
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
Sales of sodium lignosulfonate are estimated to increase at a CAGR of 3.5% during the forecast period from 2023 to 2033.
The global sodium lignosulfonate market is forecasted to reach a valuation of US$ 535 million by the end of 2033.
The market stands at US$ 377 million in the year 2023.
The Canadian market is projected to advance at a CAGR of 2.6% from 2023 to 2033.
The market in Germany is anticipated to progress at a CAGR of 1.7% through 2033.
๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ฆ๐ผ๐ฑ๐ถ๐๐บ ๐๐ถ๐ด๐ป๐ผ๐๐๐น๐ณ๐ผ๐ป๐ฎ๐๐ฒ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
By Type :
Dry
Liquid
Others
By Application :
Animal Feed Binders
Concrete Admixtures
Oil Well Additives
Agriculture Chemicals
Dust Suppressants
Lead Batteries
Gypsum Plasterboards
Others
By Region :
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=8310
๐ช๐ถ๐ป๐ป๐ถ๐ป๐ด ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐
Prominent manufacturers of sodium lignosulfonate, with the help of complexing agents and emulsion stabilizers, are leveraging value-grab opportunities while using lignin-based biopolymers. Manufacturers are taking efforts to expand their portfolios in polymers that are based on lignin, which are wood-based alternatives to fossil-based chemicals and are renewable.
For instance,
Borregaard is a world specialist in lignosulfonate and lignin. The company is increasing the availability of various lignin-based biopolymers that are commonly used as crystal growth modifiers, dispersing agents, and binders.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ
Borregaard LignoTech
Burgo Group SpA
Nippon Paper Industries Co., Ltd.
Rayonier Advanced Materials
Sappi Ltd.
Green Agrochem
Flambeau River Papers
Qingdao New World Material Co. Ltd.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ -https://www.factmr.com/checkout/8310
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