Lignin and Lignin-Based Products Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Lignin and Lignin-Based Products Market By Type (Kraft Lignin, Lignosulphonates, and Other), By Application (Construction, Agricultural Industry, Animal Feed, and Others), and Geography

 

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Description

Global Lignin and Lignin-Based Products Market 

 

Global lignin and lignin-based products market report gives comprehensive outlook on lignin and lignin-based products across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, and region. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in lignin and lignin-based products.

 

Global Lignin and Lignin-Based Products Market:

The global market is expected to be valued at US$ 932.5 Mn in 2019 and growing at a CAGR of 6.9% over the forecast period (2020-2026) owing to surge in demand for concrete admixtures due to the rising construction activities in developing countries such as China, Japan, India, South Korea, and ASEAN countries, the consumption of Lignosulphonates (used in concrete admixtures) is likely to increase during the forecast period. Furthermore, increasing usage of lignin products in various applications is anticipated to propel with significant CAGR during the forecast period. Moreover, growing demand for animal feed and increasing use of lignin in dispersants is anticipated to drive the growth of the market.

 

Asia Pacific dominates the market share in the global market

In 2019, Asia Pacific contributed highest revenue share followed by Europe, and North America in the global market. Asia Pacific region is anticipated to grow with a significant CAGR over the forecast years owing to increasing demand for animal feed and rising construction activities in the developing economies in Asia Pacific region. Europe is expected to grow with significant CAGR over the forecast period owing to rising consumption of lignin based products in the region.

 

Competition Assessment

Key player’s profiles in the global market include:

  • Borregaard LignoTech
  • Domsjo Fabriker
  • MWV (WestRock)
  • Weili Group
  • KMT Polymers
  • Nippon Paper
  • Shenyang Xingzhenghe Chemical
  • Xinyi Feihuang Chemical
  • Domtar

 

Key Findings of the Report:

  • Global market expanding at significant CAGR over 2020 to 2026 owing to increasing consumption of lignin and lignin-based products.
  • Based on region, Asia Pacific accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
  • Players focusing on collaboration strategies and acquisition to retain market position in global market

 

Key Features of the Report:

  • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 

Detailed Segmentation

 

By Type

  • Kraft Lignin
  • Lignosulphonates
  • Other

By Application

  • Construction
  • Agricultural Industry
  • Animal Feed
  • Others

Geography

 

North America

  • USA
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA


Location

GEOGRAPHY

PBI Location Map

Competition Assessment

Key player’s profiles in the global market include:

  • Borregaard LignoTech
  • Domsjo Fabriker
  • MWV (WestRock)
  • Weili Group
  • KMT Polymers
  • Nippon Paper
  • Shenyang Xingzhenghe Chemical
  • Xinyi Feihuang Chemical
  • Domtar

Ask An Analyst

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Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX