Lignin Product Market

Report Highlights

The scope of this report is broad and covers different types of lignin products, along with the applications, regions, and major countries. The market is broken down by types of lignin products, applications and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of lignin product, application, and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional lignin product markets; it explains the major market drivers of the global lignin product industry, current trends within the industry, major applications, and the regional dynamics of the global lignin product market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global lignin product industry.

Report Includes

• 62 tables
• An up-to-date analysis of the global lignin product market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global lignin product market, and corresponding market share analysis by type, application, and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for lignin product, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years
• Impact of COVID-19 on the lignin product market as compared to overall global economy.
• Insight into the growth development strategies of major lignin product manufacturers and their key competitive landscape
• Descriptive company profiles of the leading market participants, including Borregaard, LignoTech, Rayonier Advanced Materials, Domtar Corporation, Asia Lignin Manufacturing Pvt. Ltd., Northway Lignin Chemical, Green Value, Changzhou Shanfeng Chemical Industry Company, The Dallas Group of America, Inc., Liquid Lignin Company LLC, Nippon Paper Industries Co., Ltd., Metsa Group, Fibria and Lenzing AG.

Summary

Trees have around 20-30% of lignin, which act as a herbal and sturdy binder. Based on its composition, various lignin products available in the market are ligno-sulphonates, kraft, organosolv, and others. In 2020, ligno-sulphonates segment captured the largest share in the global lignin market.

The global lignin products market will grow from over $963 million in 2020 to $1063 million by 2025 at a five-year CAGR of 2.0%. The market for lignin products is expected to grow, mainly due to rising investments in infrastructure, growing applications, a high percentage of carbon, and compatibility with industrial chemicals.

Lignin Product finds major applications in macromolecules and aromatics. In 2020, macromolecules captured the highest share of 58% in the global lignin market. This segment will grow at a CAGR % of 1.89% from 2020-2025.