Lignosulphonates Market (Type - Calcium Lignosulphonates, Sodium Lignosulphonates, and Other Types; Applications - Animal Feed, Concrete Additives, Dyestuff, Dust Control, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

A recent report published by Infinium Global Research on the lignosulphonates market provides an in-depth analysis of segments and sub-segments in the global as well as regional lignosulphonates market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional lignosulphonates market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global lignosulphonates market. According to the report, the global lignosulphonates market is projected to grow at a CAGR of 3.4% over the forecast period of 2019-2025.

Market Insight

Lignosulphonates are derived from the generation of wood mash utilizing sulphite pulping. It has a high molecular weight. It has various applications including use in oil mining, cement industry, leather tanning, dyes, and other applications. Key players in the global lignosulphonates market are investing research and development to promote novel applications of lignosulphonates. The leading companies operating in the global lignosulphonates market are adopting strategies such as mergers, acquisitions, and collaborations that maximize their market share.

Rising use of lignosulphonates as fillers and binder in ceramic tiles, casting sand, and resin to fibreboards drives the growth of the lignosulphonates market. Increasing applications of lignosulphonates such as animal feed, dust control, cosmetics, and concrete additives contribute to the growth of the lignosulphonates market. Lignosulphonates provides animals with the number of essential nutrients through animal feed binder that helps animal prevent gastrointestinal diseases. New proprietary applications for lignosulphonates boost the growth of the lignosulphonates market. In addition, lignosulphonates are waste-reducing admixtures that help in the increasing density of cement which promotes the use of lignosulphonates in the cement industry. On the flip side, application-specific replacement hinders the growth of the lignosulphonates market. Moreover, research and development in the lignosulphonates market create numerous opportunities for the growth of the lignosulphonates market.

Based on geography, the global lignosulphonates market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. Europe is anticipated to hold a premium share in the global lignosulphonates market. The rising construction industry in the European region drives the growth of the lignosulphonates market in Europe. Asia-Pacific region is expected to grow with a healthy CAGR over the forecast period. The growing demand for water-reducing agents in Asia-Pacific contributes to the growth of the lignosulphonates market in Asia-Pacific. North America is showing growth in the global lignosulphonates market.

Segment Covered

The report on the global lignosulphonates market covers segments such as type and applications. On the basis of type, the sub-markets include calcium lignosulphonates, sodium lignosulphonates, and other types. On the basis of applications, the sub-markets include animal feed, concrete additives, dyestuff, dust control, and other applications.

Companies Profiled:

The report provides profiles of the companies in the market such as Tembec, Inc., Burgo Group SpA, Wuhan Xinyingda Chemicals Co., Ltd., ALM India, Hubei Zhengdong Chemical Co., Ltd., Changzhou Shanfeng Chemical Industry Co., Ltd., Borregaard LignoTech, Domtar Corporation, Green Agrochem, Abelin Polymers, and Other companies.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into 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 the lignosulphonates market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.