South America Lignin Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

List of Tables

The South America lignin market was valued at US$ 27,289.61 thousand in 2022 and is expected to reach US$ 35,261.05 thousand by 2028; it is estimated to grow at a CAGR of 4.4% from 2022 to 2028.

Strategic Development Initiatives by Key Market Players

Lignin manufacturers are investing significantly in strategic development initiatives such as product innovation, mergers & acquisitions, and expansion of their businesses to attract a wide customer base and enhance their market position. Moreover, the demand for lignin is increasing among end-use industries due to rising environmental concerns and sustainability issues. For instance, in December 2021, Nippon Paper (Japan) and Stora Enso Oyj (Finland) signed a partnership agreement to use trees to revolutionize the battery industry. Their research focused on the replacement of lithium-ion and rare-metal batteries with lignin. Such product innovations help companies to gain a competitive advantage in international markets.

Major manufacturers are adopting creative strategies such as acquisition, expansion, and production capacity scaleup to serve their customers better and satisfy their growing demands. Therefore, strategic initiatives by manufacturers are expected to fuel the growth of the lignin market during the forecast period.

South America Lignin Market Overview

The presence of the pulp & paper industry has been increasing in South America owing to the rising production and export of pulp and paper. In 2020, Brazil led the world ranking for exporting more than 15 million tons of pulp, making it a major global input supplier. Lignin is predominantly sourced from pulp & paper mills and cellulosic biorefineries. Lignin is being used in commercial polymers to improve biodegradability, as it is cost effective and a non-polluting biodegradable polymer. To mitigate the growing demand for pulp and paper across the region, many manufacturers of bio-based materials have been taking initiatives and focusing on expanding their production capacity. For instance, on May 12, 2021, Suzano SA, a eucalyptus pulp producer in South America, announced the construction of a new US$ 2.8 billion pulp plant project in Brazil with an annual production capacity of 2.3 million tons. These expansion projects by the manufacturers contribute to the high productivity of pulp and paper across the region, which bolster the growth of the lignin market.

South America Lignin Market Revenue and Forecast to 2028 (US$ Thousand)

South America Lignin Market Segmentation

The South America lignin market is segmented based on type, form, application, and country. Based on type, the South America lignin market is segmented into lignosulfonates, kraft lignin, high purity lignin, and others. The lignosulfonates segment held the largest South America lignin market share in 2022.

Based on form, the South America lignin market is bifurcated into solid and liquid. The solid segment held a larger market share in 2022.

Based on application, the South America lignin market is segmented into concrete additives, plastics and polymers, bitumen, water treatment, dyes and pigments, activated carbon, carbon fiber, and others. The others segment held the largest market share in 2022.

Based on country, the South America lignin market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America lignin market share in 2022.

Nippon Paper Industries Co Ltd; Borregaard ASA; Burgo Group SpA; Domsjo Fabriker AB; Sappi Ltd; Stora Enso Oyj; Suzano SA; and The Dallas Group of America Inc are the leading companies operating in the South America lignin market.

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Product Code: BMIRE00028776

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 South America Lignin Market, by Type
- 1.3.2 South America Lignin Market, by Form
- 1.3.3 South America Lignin Market, by Application
- 1.3.4 South America Lignin Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:

4. South America Lignin Market Landscape

4.1 Market Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants:
- 4.2.2 Bargaining Power of Suppliers:
- 4.2.3 Bargaining Power of Buyers:
- 4.2.4 Intensity of Competitive Rivalry:
- 4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
- 4.3.1 Raw Materials
- 4.3.2 Production Process
- 4.3.3 End-Use Industries
4.4 Expert Opinion

5. South America Lignin Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Growing Demand of Lignin from Several End-Use Industries
5.2 Market Restraints
- 5.2.1 Availability of Substitutes for Lignin
5.3 Market Opportunities
- 5.3.1 Adoption of Lignin for Carbon Fiber Production
5.4 Future Trends
- 5.4.1 Strategic Development Initiatives by Key Market Players
5.5 Impact Analysis of Drivers and Restraints

6. Lignin - South America Market Analysis

6.1 South America Lignin Market -Volume and Forecast to 2028 (Tons)
6.2 South America Lignin Market -Revenue and Forecast to 2028 (US$ Thousand)

7. South America Lignin Market Analysis - By Type

7.1 Overview
7.2 South America Lignin Market, By Type (2021 and 2028)
7.3 Lignosulfonates
- 7.3.1 Overview
- 7.3.2 Lignosulfonates: Lignin Market - Volume and Forecast to 2028 (Tons)
- 7.3.3 Lignosulfonates: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
7.4 Kraft Lignin
- 7.4.1 Overview
- 7.4.2 Kraft Lignin: Lignin Market - Volume and Forecast to 2028 (Tons)
- 7.4.3 Kraft Lignin: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
7.5 High Purity Lignin
- 7.5.1 Overview
- 7.5.2 High Purity Lignin: Lignin Market - Volume and Forecast to 2028 (Tons)
- 7.5.3 High Purity Lignin: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Lignin Market - Volume and Forecast to 2028 (Tons)
- 7.6.3 Others: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)

8. South America Lignin Market Analysis -By Form

8.1 Overview
8.2 Lignin Market, By Form (2021 and 2028)
8.3 Solid
- 8.3.1 Overview
- 8.3.2 Solid: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
8.4 Liquid
- 8.4.1 Overview
- 8.4.2 Liquid: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)

9. South America Lignin Market Analysis - By Application

9.1 Overview
9.2 Lignin Market, By Application (2021 and 2028)
9.3 Concrete Additives
- 9.3.1 Overview
- 9.3.2 Concrete Additives: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
9.4 Plastics and Polymers
- 9.4.1 Overview
- 9.4.2 Plastics and Polymers: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
9.5 Bitumen
- 9.5.1 Overview
- 9.5.2 Bitumen: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
9.6 Water Treatment
- 9.6.1 Overview
- 9.6.2 Water Treatment: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
9.7 Dyes and Pigments
- 9.7.1 Overview
- 9.7.2 Dyes and Pigments: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
9.8 Activated Carbon
- 9.8.1 Overview
- 9.8.2 Activated Carbon: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
9.9 Carbon Fiber
- 9.9.1 Overview
- 9.9.2 Carbon Fiber: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
9.10 Others
- 9.10.1 Overview
- 9.10.2 Others: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)

10. South America Lignin Market - by Country Analysis

10.1 South America: Lignin Market
- 10.1.1 South America: Lignin Market, by Key Country
  - 10.1.1.1 Brazil: Lignin Market -Revenue and Forecast to 2028 (US$ Thousand)
  - 10.1.1.2 Brazil: Lignin Market -Volume and Forecast to 2028 (Tons)
    - 10.1.1.2.1 Brazil: Lignin Market, by Type
    - 10.1.1.2.2 Brazil: Lignin Market, by Type
    - 10.1.1.2.3 Brazil: Lignin Market, by Form
    - 10.1.1.2.4 Brazil: Lignin Market, by Application
  - 10.1.1.3 Argentina: Lignin Market -Revenue and Forecast to 2028 (US$ Thousand)
  - 10.1.1.4 Argentina: Lignin Market -Volume and Forecast to 2028 (Tons)
    - 10.1.1.4.1 Argentina: Lignin Market, by Type
    - 10.1.1.4.2 Argentina: Lignin Market, by Type
    - 10.1.1.4.3 Argentina: Lignin Market, by Form
    - 10.1.1.4.4 Argentina: Lignin Market, by Application
  - 10.1.1.5 Rest of South America: Lignin Market -Revenue and Forecast to 2028 (US$ Thousand)
  - 10.1.1.6 Rest of South America: Lignin Market -Volume and Forecast to 2028 (Tons)
    - 10.1.1.6.1 Rest of South America: Lignin Market, by Type
    - 10.1.1.6.2 Rest of South America: Lignin Market, by Type
    - 10.1.1.6.3 Rest of South America: Lignin Market, by Form
    - 10.1.1.6.4 Rest of South America: Lignin Market, by Application

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Partnerships & Collaborations

12. Company Profiles

12.1 Nippon Paper Industries Co Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Borregaard ASA
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Burgo Group SpA
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Domsjo Fabriker AB
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Sappi Ltd
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Stora Enso Oyj
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Suzano SA
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 The Dallas Group of America Inc
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Glossary of Terms