DUBLIN--(BUSINESS WIRE)--The "Lignin Market Size, Share & Trends Analysis Report By Product (Ligno-Sulphonates, Kraft, Organosolv), By Application (Macromolecule, Aromatic), By Region (APAC, MEA, North America, Europe), And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global lignin market size is expected to reach USD 906.4 million by 2025 registering a CAGR of 1.9%.
Increasing product demand as a natural feed additive is expected to drive the market over the forecast period. Major paper and pulp manufacturing companies derive refined lignin during the pulping process. These companies are engaged in forest cultivation and maintain their own industrial plantations.
Integration across the value chain helps them maintain a continuous raw material supply, thereby reducing the manufacturing cost. Technological innovation coupled with process development for the production of non-sulphated lignin is likely to play a vital role in the industry growth.
Moreover, wide scope of application in vanillin, high-value aromatic compounds (BTX), carbon fiber, and phenols will boost the product demand. Increasing value chain integration from a raw material to product manufacturing is expected to pose an entry barrier for new entrants. New companies may also face challenges due to regulations regarding necessity to maintain industrial plantations.
However, product development and technology innovation coupled with regulatory support is expected to lower the entry barriers. The industry is highly competitive and is characterized by the presence of numerous global and regional companies. Market participants are focusing on research & development activities to improve the manufacturing process, as well as yield.
Further key findings from the study suggest:
- Ligno-sulfonates are expected to register a CAGR of 1.8% from 2019 to 2025, owing to their increasing usage as plasticizers for manufacturing cement and concrete as they can maintain the flow of the mixture
- Kraft lignin is also estimated to witness significant CAGR owing to rising usage in biofuels and increasing importance of biofuels in North America and Europe to reduce air pollution and GHG emissions
- Aromatics is expected to be the second-largest application segment due to increasing product use as an intermediate for the production of vanillin, phenol, BTX, and phenolic resins
- Europe led the global market in the past and is expected to maintain the dominance over the forecast period due to REACH regulations aimed at restricting transportation of synthetically-derived chemicals
- Major companies in the market are focused on organic as well as inorganic growth through mergers & acquisitions to expand their consumer base
Key Topics Covered
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.4. Information Analysis
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Lignin Market Variables, Trends, & Scope
3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.6. Business Environment Analysis: Lignin Market
Chapter 4. Lignin Market: Product Estimates & Trend Analysis
4.1. Definition & Scope
4.2. Product Movement Analysis & Market Share, 2018 & 2025
4.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following
4.5. Kraft Lignin
4.6. Organosolv lignin
Chapter 5. Lignin Market: Application Estimates & Trend Analysis
5.1. Definition & Scope
5.2. Application Movement Analysis & Market Share, 2018 & 2025
5.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following
Chapter 6. Lignin Market: Regional Estimates & Trend Analysis
6.1. Regional Market Snapshot
6.2. Regional Top 5 Players
6.3. SWOT Analysis, by Factor (Political & Legal, Economic And Technological)
6.4. Market Size & Forecasts and Trend Analysis, 2014 to 2025
6.5. North America
6.7. Asia Pacific
6.8. Central & South America
6.9. Middle East & Africa
Chapter 7. Competitive Landscape
7.1. Key global players & recent developments & their impact on the industry
7.2. Key Company/Competition Categorization
7.3. Vendor Landscape
7.4. Public Companies
7.5. Private Companies
Chapter 8. Company Profiles
8.1. Borregaard LignoTech
8.3. Domtar Corporation
8.4. Asia Lignin Manufacturing Pvt. Ltd.
8.5. Northway Lignin Chemical
8.6. Green Value
8.7. Aditya Birla Group
8.8. Changzhou Shanfeng Chemical Industry Company
8.9. The Dallas Group of America Inc.
8.10. Liquid Lignin Company LLC
8.11. Nippon Paper Industries Co. Ltd.
8.12. Metsa Group
8.14. Lenzing AG
For more information about this report visit https://www.researchandmarkets.com/r/pmk6ja