Lignin Market 2019 Global Size, Opportunities, Historical Analysis, Development Status, Business Growth and Regional Forecast To 2025
This Global Lignin market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.
Delaware, Selbyville – September 25, 2019 /MarketersMedia/ —
Europe lignin market should surpass USD 360 million during the projected time period on account of growing regulations towards GHG emissions. Increasing concerns towards the use of synthetically derived chemicals in automotive has enabled the development of innovative and environmentally friendly solutions for the industry which shows significant opportunities for product demand. Favorable policies to promote the use of bio-polymers is expected to stimulate the product demand.
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Lignin Market may exceed USD 1 billion by 2025. Growing demand for high performance additives for use in adhesives, binders and concrete mixtures is expected to fuel the lignin market growth. Rising trend towards the use of sustainable materials to reduce carbon emissions shows huge opportunities for the product demand. These products are extensively used in the manufacture of aromatic and macromolecules which are served in various end use applications such as dust control and animal nutrition. Stringent regulations towards increasing carbon footprint has urged manufacturers to develop naturally derived raw materials which shall further accelerate the market.
North America lignin market is likely to witness gains at over 4% by 2025. Rising inclination towards the development of green building projects should propel industry growth in the region. Robust growth in population has boosted the demand for new infrastructural setups which has increased the demand for concrete admixtures demand in the region. Increasing building renovation and remodeling trends owing to changing living standards may induce the regional growth.
Lignosulphonate market shall record gains over at 5% during the projected time period owing to its increasing applications in pesticides, dyes, dust management and concrete admixture industry. These products offer high economic feasibility, enhance the strength & durability of concrete and reduce overall formulation cost which are the key attributes for product demand. Increasing use of the product in road dust management and crop protection applications pertaining to their superior wetting & binding performance shall escalate the market growth.
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Major industry participants for lignin market include Burgo Group Spa, Sigma Aldrich, Ingevity, Domtar Corporation and Borregaard LignoTech. Manufacturers are involved in expanding their production capacity to fulfil increasing consumer demand and research & development activities to offer improved product portfolio which shall drive the market.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Lignin Industry Insights
Chapter 4. Lignin Market, By Product
Chapter 5. Lignin Market, By Application
Chapter 6. Lignin Market, By Downstream Potential
Chapter 7. Lignin Market, By Region
Chapter 8. Company Profiles
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Related Report:
Global Lignin and Lignin-Based Products Market Insights, Forecast to 2025
Global Lignin and Lignin-Based Products market size will increase to 1470 Million US$ by 2025, from 840 Million US$ in 2018, at a CAGR of 8.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lignin and Lignin-Based Products.
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