Lignin Market, By Product (Lignosulfonates, Kraft Lignin, Others), By Application (Concrete Additives, Animal Feed, Dye Stuff, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Description

Global lignin market was accounted for US$ 941.1 Million in 2022, and is expected to reach at US$ 1178.3 Million by 2030. The market is expected to grow at a CAGR of greater than 2.8% during the forecast period 2023-2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 941.1 Mn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	2.80%	2030 Value Projection:	US$ 1,178.3 Mn

Global Lignin Market, Revenue Share (%), By Region, 2022

Global lignin market was accounted for US$ 941.1 Million in terms of value by the end of 2022. Lignin is also known as monolignols. Lignin products are widely used in vanillin, phenol, carbon fibers, biofuels, bitumen, and bio-refinery catalysts.

Market Dynamics

Rising demand for the production of polyurethane foams from various end-user industries such as electronic, furniture, automotive, and the packaging is expected to drive the market growth. Rising investment in the development and infrastructural activities by the government globally is expected to drive the market growth.

Strong demand for the product from the animal feed industry as a natural additive is expected to foster the market growth of lignin. Lignin plays an important role in the overall development of animal diet and provides high fiber content to the animal which helps in the fight against infections. Increasing use of the product in insecticides and pesticides since it helps to prevent microbial attacks and also control the growing weeds is further fostering the market growth.

Increasing use of naturally derived raw materials for the production of polymers is expected to bring new market opportunities. Lignin is used in the manufacturing of phenolic resins, BTX, vanillin, and phenol. Moreover, the expansion of the chemical industry coupled with the rising awareness regarding greenhouse gas emissions is further propelling the market growth of the lignin.

Growing use of lignin in the production of insecticides and pesticides is further driving the market growth. Moreover, rising demand for lightweight products from the aerospace industry is driving the overall growth of the market.

Key features of the study:

This report provides in-depth analysis of global lignin market size (US$ Million), and compound annual growth Rate (CAGR %) for the forecast period (2023 - 2030), considering 2022 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global lignin market based on the following parameters-company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes Borregaard LignoTech, Changzhou Shanfeng, Chemical Industry Co., Ltd., Domsjo Fabriker AB, Domtar Corporation, MeadWestvaco Corporation, Nippon Paper Industries Co., Ltd., Tembec, Inc., and UPM Kymmene Corporation
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, product up-gradation, market expansion, and marketing tactics
Global lignin market report caters to various stakeholders in this industry including investors, suppliers, global fatty acid ester manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lignin market

Detailed Segmentation:

Global Lignin Market, By Product:
- Lignosulfonates
- Kraft Lignin
- Others
Global Lignin Market, By Application:
- Concrete Additives
- Animal Feed
- Dye Stuff
- Others
Global Lignin Market, By Region:
- North America
- Europe
- Latin America
- Asia-Pacific
- Middle East & Africa
Company Profiles
- Borregaard LignoTech
- Changzhou Shanfeng Chemical Industry Co., Ltd.
- Domsjo Fabriker AB
- Domtar Corporation
- MeadWestvaco Corporation
- Nippon Paper Industries Co., Ltd.
- Tembec, Inc.
- UPM-Kymmene Corporation

Product Code: CMI4506

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Impact Analysis
Recent Launches
Epidemiology
Merger, Acquisitions, and Collaborations
Regulatory ScenarioKey Developments
PEST Analysis

4. Global Lignin Market- Impact of Coronavirus (COVID-19) Pandemic

Economic Impact
Overview
Factors Affecting Global Lignin Market- COVID-19
Impact on Supply and Demand

5. Global Lignin Market, By Product, 2023 - 2030, (US$ Million)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023-2030
- Segment Trends
Lignosulfonates
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
Kraft Lignin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)

6. Global Lignin Market, By Application, 2023 - 2030, (US$ Million)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
Concrete Additives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
Animal Feed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
Dye Stuff
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)

7. Global Lignin Market, By Region, 2023 - 2030, (US$ Million)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2023 - 2030
North America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country, 2023 - 2030
- Market Size and Forecast, By Product, 2023 - 2030, (US$ Million)
- Market Size and Forecast, By Application, 2023 - 2030, (US$ Million)
Europe
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country, 2023 - 2030
- Market Size and Forecast, By Product, 2023 - 2030, (US$ Million)
- Market Size and Forecast, By Application, 2023 - 2030, (US$ Million & Kilo Tons)
Asia Pacific
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country, 2023 - 2030
- Market Size and Forecast, By Product, 2023 - 2030, (US$ Million)
- Market Size and Forecast, By Application, 2023 - 2030, (US$ Million)
Latin America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country, 2023 - 2030
- Market Size and Forecast, By Product, 2023 - 2030, (US$ Million)
- Market Size and Forecast, By Application, 2023 - 2030, (US$ Million)
Middle East & Africa
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country, 2023 - 2030
- Market Size and Forecast, By Product, 2023 - 2030, (US$ Million)
- Market Size and Forecast, By Application, 2023 - 2030, (US$ Million)

8. Competitive Landscape

Market Share Analysis
Company Profiles
- Borregaard LignoTech
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Changzhou Shanfeng Chemical Industry Co. Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Domsjo Fabriker AB
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Domtar Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- MeadWestvaco Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Nippon Paper Industries Co. Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Tembec, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- UPM-Kymmene Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans

9. Section

References
Research Methodology
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