Global Lignin Market 2022-2028

Wood and other plant materials used to make pulp contain three main components: cellulose fibers, lignin and hemicelluloses. When wood is processed into paper pulp, lignin is produced as a waste product. Once extracted, lign works as a natural adhesive with many potential industrial uses - not least of which is within the wood products industry itself. The global lignin market size is projected to grow by USD 155 million from 2022 to 2028, registering a CAGR of 3.3 percent, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global lignin market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the lignin industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, process, and region. The global market for lignin can be segmented by product: lignosulfonates, kraft lignin, others. Lignin market is further segmented by application: agriculture, animal feed, building & construction, chemical processing, dust control, metallurgy, oil & mining, others. Based on process, the lignin market is segmented into: kraft pulping, sulfite pulping. On the basis of region, the lignin market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:
- lignosulfonates
- kraft lignin
- others

By application:
- agriculture
- animal feed
- building & construction
- chemical processing
- dust control
- metallurgy
- oil & mining
- others

By process:
- kraft pulping
- sulfite pulping

By region:
- Asia Pacific
- Europe
- North America
- Rest of the World (RoW)

The report has also analysed the competitive landscape of the global lignin market with some of the key players being Aditya Birla Group (Domsjö Fabriker), Borregaard LignoTech AB, Burgo Group S.p.A., GreenValue SA, Hubei Aging Chemical Co., Ltd., Ingevity Corporation, Jinzhou Jinri Paper Company Limited, Karjala Pulp LLC, Lenzing AG, Nippon Paper Industries Co., Ltd., Rayonier Advanced Materials Inc., Sappi Ltd., Shenyang Xingzhenghe Chemical Co., Ltd., Stora Enso Oyj, The Dallas Group Of America Inc., Tianjin Yeats Additive Co., Ltd., UPM-Kymmene Corporation, Vyborg Forestry Development Corporation (VFDC), Wuhan East China Chemical Co., Ltd., Xinyi Feihuang Chemical Co., Ltd., Yanbian Shixian Bailu Paper Making Co., Ltd., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
- To analyze and forecast the market size of the global lignin market.
- To classify and forecast the global lignin market based on product, application, process, region.
- To identify drivers and challenges for the global lignin market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global lignin market.
- To identify and analyze the profile of leading players operating in the global lignin market.

Why Choose This Report
- Gain a reliable outlook of the global lignin market forecasts from 2022 to 2028 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.