The global Lignin Products market was valued at 76.41 Million USD in 2021 and will grow with a CAGR of 8.57% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Lignin is the most abundant natural raw material available on Earth in terms of solar energy storage. It represents 30 per cent of all the non-fossil organic carbon on Earth. Lignin can be used as a green alternative to many petroleum-derived substances, such as fuels, resins, rubber additives, thermoplastic blends, nutra and pharmaceuticals. It is also known to be the only renewable source for industrial aromatics production. Lignin can be found in other plants, such as cereal straws, bamboo and bagasse, but it is in wood that lignin content is the highest in terms of weight: 20-35 percent in wood compared to 3-25 per cent in other lignin sources. Typically, kraft and organosolv lignins are two suitable candidates, whereas lignosulfonates will most likely lead to lower-value chemicals, which require more complicated processing. The lignin-based products demand with a fast growth rate in the past few years. The developed countries demand is relatively stable and the growth rate is relatively low. And the developing countries demand will increase in a relatively higher speed, especially in China, In 2017, global revenue of Lignin Products is nearly 750 M USD; the actual production is about 1300 thousand MT. Lignin Products can be broadly classified into three types: Kraft Lignin, Lignosulphonates and other, and the proportion of Lignosulphonates in 2017 is about 88.7%. Lignin Products is widely used in Construction, Animal Feed, Agricultural Industry and others. The most proportion of Lignin Products is used in Construction, and the consumption proportion is about 42% in 2017.

By Market Verdors:

Borregaard LignoTech

KMT Polymers

Tembec(Rayonier Advanced Materials)

Domtar

Nippon Paper

Domsjo Fabriker

MWV (WestRock)

Weili Group

Wuhan East China Chemical

Shenyang Xingzhenghe Chemical

Xinyi Feihuang Chemical

By Types:

Kraft Lignin

Lignosulphonates

By Applications:

Construction

Agricultural Industry

Animal Feed

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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