Press release
Global Lignosulfonates Market to Rise to US$960.2 mn by 2024 as Demand in Animal Feed Industry Rises
A thorough overview of the global lignosulfonates market has been given in a recent market research report published by Transparency Market Research. The report states that the market, which had a valuation of US$691.9 mn in 2015, will expand at a moderate 3.8% CAGR from 2016 through 2024. If the forecast holds true, the market will rise to a valuation of US$960.2 mn by 2024.The report is titled “Lignosulfonates Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”Lignosulfonates are eco-friendly and cost-effective anionic biopolymers formed during the production of wood pulp through the sulfite pulping process. These water-soluble biopolymers are the most commercialized source of lignin available at low costs in the market. They are an ideal source of lignin for wide-ranging applications and are used primarily in the animal feed, paper and pulp, construction, and oil and gas industries.
To make the market data more streamlined and easy to comprehend, the market has been segmented on the basis of three criteria: Product type, application, and geography.
Download And Get FREE Sample PDF File Of Lignosulfonates Market : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7355
On the basis of product type, the market has been segmented into calcium lignosulfonate, magnesium lignosulfonate, and sodium lignosulfonate. The segment of sodium lignosulfonates accounted for a dominant share of 40% in the global market in 2015, majorly owing to the low cost and plethora of applications of the product. The segment of calcium lignosulfonate acquired the second position in the market and is expected to see healthy demand over the forecast period from the animal feed binder industry.
On the basis of application, the market has been segmented into concrete admixtures, animal feed binders, oil well additives, dust control, and other applications such as bricks and tiles. Of these, the segment of animal feed binders led the global lignosulfonate market, accounting for a 35% share in 2015. Over the report’s forecast period, this segment is expected to remain the dominant sector owing to the high demand for a variety of animal feed in developed regions across the globe. Concrete admixtures emerged as the second largest application segment of the market and are expected to witness healthy demand from the fast-paced construction sector in developing regions.
On the basis of geography, the market has been segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Asia Pacific is projected to be the fastest-growing market for lignosulfonates over the forecast period. The high demand for a variety of lignosulfonates in the region will originate majorly from the construction industry in rapidly developing countries such as India and China. The use of lignosulfonates as cement slurry retardants in the oil and gas industry will also propel the market for lignosulfonates in the Middle East and Africa. The rising oil and gas procurement activities in Middle Eastern countries such as Qatar, Oman, and Saudi Arabia will be the major driver of the lignosulfonates market in this regional market.
Some of the most influential vendors operating in the moderately consolidated global lignosulfonates market are Tembec Inc., Burgo Group Spa, Green Agrochem, Borregaard LignoTech, Flambeau River Papers, Shenyang Xingzhenghe Chemical Co., Ltd., Domsjö Fabriker AB, Sappi, and Qingdao Newworld Material Co., Limited.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Mr. Sudip. S
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://globalresearchanalysis.blogspot.in/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Lignosulfonates Market to Rise to US$960.2 mn by 2024 as Demand in Animal Feed Industry Rises here
News-ID: 343471 • Views: …
More Releases for Transparency
transparency market research
The global Custom Antibody Market market is estimated to attain a valuation of US$1 Billion by the end of 2033, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 0.085% during the forecast period, 2023 to 2033.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading…
Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations…
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use…
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems
Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria.
Industrie 4.0 requires intensified collaboration between various tools and systems. Only when…
eDataCenterAnalyzer Increases Transparency in Data Centers
30 June 2016. Walldorf, Germany. – fluid Operations™ AG (fluidOps), a leader in semantic technologies, today launched eDataCenterAnalyzer™, an app that increases transparency in data centers. With the launch of this app and new releases of its Smart Data Platform Information Workbench™ and cloud management app eCloudManager™, the company has set the cornerstone for the future development of its product portfolio.
eDataCenterAnalyzer combines the full functionality of Information Workbench with innovative…
Transparency across the entire process chain
Leitner Spedition implements best4log-x
• Austrian trucking company uses arvato Systems solution
• End-to-end process management provides higher efficiency
(arvato Systems) Gütersloh / Unterpremstätten – Since the beginning of 2015, the Austrian trucking company Leitner Spedition has been working with the best4log-x transport management system. This SAP-based solution from arvato Systems provides an integrated digital information flow and supports mid-sized companies in achieving a transparent process design. Controlling and Reporting have seen a…
