+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Lignin - Global Market Trajectory & Analytics

  • ID: 5008388
  • Report
  • February 2022
  • Region: Global
  • 411 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Borregaard LignoTech
  • Domsjö Fabriker
  • Domtar Corporation
  • GreenValue SA
  • Ingevity Corporation
  • Lenzing AG

Global Lignin Market to Reach $961.5 Million by 2024


Lignin basically refers to a group of complex polymers of aromatic alcohols known as monolignols. A renewable raw material used in a wide range of applications and available at an affordable price, Lignin represents the second most abundant organic polymers, trailing behind cellulose. Globally, about 1.2 million metric tons of lignin is produced every year and the compound is used in a plethora of niche, low volume applications, where importance is given to the form but not the quality. While lignin is produced from fresh wood and plant sources, the same can be sourced from paper manufacturing plants, where lignin is produced as a by-product and is usually discarded as industrial waste. Amid the COVID-19 crisis, the global market for Lignin is projected to reach US$961.5 Million by 2024, registering a compounded annual growth rate (CAGR) of 3.9% over the analysis period. Europe represents the largest regional market for Lignin, accounting for an estimated 36.0% share of the global total. The market is projected to reach US$343.4 Million by the close of the analysis period. China is expected to spearhead growth and emerge as the fastest growing regional market with a CAGR of 6.1% over the analysis period.Steady momentum in core end-use verticals including concrete admixtures, dyestuff and animal feed led to considerable growth in the lignin market. Offering a cheaper raw material, lignin also widened addressable market as a bio-based renewable alternative to petroleum derived feedstock in various applications, while benefiting from growing shift towards materials and products deemed eco-friendly in industrial as well as consumer markets. Rapid urbanization and increase in technological developments is driving manufacturers in producing superior concrete mixes so as to improve a building`s longevity and reduce moisture and rain damage, thus spurring demand for lignin. Increasing demand for superior animal protein, as well increase in production of livestock is increasing the demand for healthy and natural feed additives for animal nutrition, thereby boosting the lignin market growth. Additionally, lignin is utilized in pesticides and insecticides for controlling production of weed and reducing microbial attack. Europe represents a major market for lignin, with Germany, the UK and France at the forefront of growth in the region. Increasing focus on sustainability and rapid increase in production facilities for lignin are expected to foster regional growth. Lignin market in US remains robust and is supported by the constant rise in consumer awareness levels about biodegradable products, favorable legislative framework, expanding production capacity, and establishment of necessary infrastructure for lignin production. The lignin market in China and Asia-Pacific is expected to benefit from the growing needs of the population and the increasing adoption of bio-based products.

The market for Kraft lignin is forecast to grow the fastest over the analysis period. Kraft lignin which is basically a natural glue, is traditionally used as an additive in concrete and adhesives. Demand for Kraft lignin remains stable across the world due to wider use of the compound in binders, carbon fibers, pesticides, fertilizers, and fire extinguishers. The highly pure Kraft lignin offers an eco-friendly alternative to the conventionally-used petroleum-based products, a major factor fueling growth in the market. Additionally, the market for Kraft lignin is likely to sustain growth due to increase in government initiatives for reducing emissions and increasing oil prices, which is shifting the focus of consumers to bio-based products.

Select Competitors (Total 34 Featured) -

  • Borregaard LignoTech
  • The Dallas Group of America, Inc.
  • Domsjö Fabriker
  • Domtar Corporation
  • GreenValue SA
  • Ingevity Corporation
  • Lenzing AG
  • Lignin Enterprises, LLC
  • Lignostar Group B.V.
  • Metsä Group
  • Nippon Paper Industries Co. Ltd
  • Rayonier Advanced Materials
  • Suzano Papel e Celulose S.A.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Borregaard LignoTech
  • Domsjö Fabriker
  • Domtar Corporation
  • GreenValue SA
  • Ingevity Corporation
  • Lenzing AG

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • An Introduction to Lignin
  • Lignin: Current Market Scenario and Outlook
  • Lignosulfonates: Largest Product Segment
  • Stable Demand for Kraft Lignin
  • While Developed Regions Dominate the Lignin Market, Developing Regions Exhibit Fast Paced Growth
  • World Lignin Market by Region (2019 & 2025): Percentage Breakdown of Value Sales for Developed and Developing Regions
  • Global Lignin Market - Geographic Regions Ranked by CAGR (Value) for 2018-2025: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
  • Economic Scenario and Its Impact on Lignin Market
  • Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2021
  • Competitive Scenario: A Brief Note on Leading Players
  • Recent Market Activity
  • Lignin – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • Borregaard LignoTech (Norway)
  • The Dallas Group of America, Inc. (USA)
  • Domsjö Fabriker (Sweden)
  • Domtar Corporation (USA)
  • GreenValue SA (Switzerland)
  • Ingevity Corporation (USA)
  • Lenzing AG (Austria)
  • Lignin Enterprises, LLC (USA)
  • Lignostar Group B.V. (The Netherlands)
  • Metsä Group (Finland)
  • Nippon Paper Industries Co. Ltd (Japan)
  • Rayonier Advanced Materials (USA)
  • Suzano Papel e Celulose S.A. (Brazil)

3. MARKET TRENDS & DRIVERS

  • Bright Prospects Ahead for Lignin Amid Rising Demand for Bio-Based Raw Materials in the Chemicals Sector
  • Conventional Polymers Vs. Biodegradable Polymers: A Comparison
  • Key Biodegradable Polymers at a Glance
  • Biodegradable Polymer Applications at a Glance
  • Abundant Availability of Raw Material Sustains Growth Momentum in Lignin Market
  • Expanding Use Case Across Diverse Domains Augments Market Prospects
  • Established Image as Reliable Concrete Admixture Accelerates Market Expansion
  • Rising Demand for Concrete & Cement Amid Healthy Trajectory in World Construction Industry Favors Market Growth
  • World Construction Industry Size (in US$ Trillion) for the Years 2010, 2015, 2020 and 2025
  • Global Infrastructure Spending Estimates (as a Percentage of GDP) by Sector for 2007-2016 and 2017-2040
  • Global Infrastructure Spending Estimates (as a Percentage of GDP) by Region for 2007-2016 and 2017-2040
  • Lignin Continues to Gain Traction in Animal Feed Applications
  • Uptrend in Feed Additives Industry Augurs Well
  • Breakdown of World Animal Feed Production Tonnage (in %) by Country/Region: 2019
  • Lignin Uptake Remains Robust in Dyestuff Vertical
  • Carbon Fiber: The New Growth Avenue for Lignin
  • LIBRE Project Seeks to Lay Strong Foundation for Lignin in Carbon Fiber Industry
  • Rising Consumption of Carbon Fiber Materials to Broaden Market Opportunities
  • World Carbon Fiber Market in US$ Billion for the Years 2019, 2021, 2023 & 2025
  • Dust Suppression: A Traditional Application
  • Lignin-Derived Compounds Make their way into Agricultural Sector
  • Growing Need for High-Quality Drilling Fluids in Oilfield Applications: Prominent Market Driver

4. GLOBAL MARKET PERSPECTIVE


III. MARKET ANALYSIS

UNITED STATES

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)

CANADA

JAPAN

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)

EUROPE

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)

FRANCE

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

SPAIN


RUSSIA


REST OF EUROPE

ASIA-PACIFIC

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)

AUSTRALIA

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)

INDIA

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)

SOUTH KOREA


REST OF ASIA-PACIFIC

LATIN AMERICA

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)

ARGENTINA


BRAZIL


MEXICO


REST OF LATIN AMERICA

MIDDLE EAST

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)

IRAN


ISRAEL


SAUDI ARABIA


UNITED ARAB EMIRATES


REST OF MIDDLE EAST

AFRICA

  • Lignin Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)

IV. COMPETITION

  • Total Companies Profiled: 34
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Borregaard LignoTech
  • The Dallas Group of America, Inc.
  • Domsjö Fabriker
  • Domtar Corporation
  • GreenValue SA
  • Ingevity Corporation
  • Lenzing AG
  • Lignin Enterprises, LLC
  • Lignostar Group B.V.
  • Metsä Group
  • Nippon Paper Industries Co. Ltd
  • Rayonier Advanced Materials
  • Suzano Papel e Celulose S.A.
Note: Product cover images may vary from those shown