A recent report published by Infinium Global Research on lignin
market provides in depth analysis of segments and sub-segments in global as
well as regional lignin market. The study also highlights the impact of
drivers, restraints and macro indicators on the global and regional lignin market
over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of global lignin market.
According to report the global lignin market is projected to grow at a CAGR of
2.4% over the forecast period of 2017-2023.
Lignin is a constituent of cell walls of almost all dry plant cell
walls. It is one of the most abundant natural polymers available in the world.
Lignin lends rigidity and do not rot easily hence they have high importance in
the formation of bark. Lignin forms an excellent source of fuel as lignin’s
yield more energy than cellulose.
The global lignin market is expected to be primarily driven by
factors such as multiple industry applications, growing demand for bio-based
fuels and growing government support. However, the growth in global lignin
market is likely to be hampered by factors such as high production costs lack
of technological advancements and environmental issues. The commercial usage of
lignin presents significant market potential of lignin in the world market.
Kraft lignin is largely used for fuel purpose in the commercial applications.
Lignin holds a capacity to become a source of renewable energy.
Figure 1: Global Lignin Market by
The report on global lignin market covers segments such as,
product and application. On the basis of product the global lignin market is
categorized into lignosulphonate, kraft lignin, organosolv and others. On the
basis of application the global lignin market is categorized into concrete
additives, dye stuff, animal feed and others.
The report provides regional analysis covering geographies such as
North America, Europe, Asia-Pacific, and Rest of the World. In this section the
key trends and market size for each geography is provided over the period of
Figure 2: Global Lignin Market by
Region, CAGR % 2017-2023
The countries covered in the North America region include the
U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India,
South Korea, Malaysia, and among others. Moreover, Germany, U.K., France,
Spain, and Rest of Europe are included in the European region. The U.S. drives
the growth in the North America region as it is the largest market in the
region. The Asia-pacific region offers a substantial potential for the market
growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a
growth at a CAGR of x.x% over the period of 2017-2023.
The report provides profiles of the companies in the global lignin
market such as, Borregaard Lignotech, ALM, Changzhou Shanfeng Chemical Industry
Co. Ltd., Domsjo Fabriker AB, CIMV, Domtar Corporation, Lignol Energy
Corporation, Hubei Zhengdong Chemical Co. Ltd, Meadwestvaco Corporation and
The report provides deep insights on demand forecasts, market
trends and micro and macro indicators. In addition, this report provides
insights on the factors that are driving and restraining the global lignin
market. Moreover, IGR-Growth Matrix analysis given in the report brings an
insight on the investment areas that existing or new market players can
consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of lignin market.
Moreover, the study highlights current market trends and provides
forecast from 2017-2023. We also have highlighted future trends in the lignin
market that will impact the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight on the
market share of the leading players. This report will help manufacturers,
suppliers and distributors of the lignin market to understand the present and
future trends in this market and formulate their strategies accordingly.