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Lignin is a complex organic polymer found in the cell walls of plants. It is a major component of wood and is used in the production of a variety of chemicals. Lignin-based products are used in a wide range of industries, including paper and pulp, adhesives, coatings, and fuel.
Lignin is a renewable resource and is often used as a substitute for petroleum-based products. It is also used to produce bioplastics, which are biodegradable and have a lower environmental impact than traditional plastics. Lignin-based products are also used in the production of carbon fiber, which is used in the automotive and aerospace industries.
The lignin product market is expected to grow in the coming years due to increasing demand for renewable and sustainable materials. The market is driven by the need for more efficient and cost-effective production processes.
Some companies in the lignin product market include Borregaard, Daicel, and Vertex. These companies produce a variety of lignin-based products, including adhesives, coatings, and bioplastics. Show Less Read more