Kraft Lignin Market Research Report by Type, Trend Analysis & Future Assessment Up To 2024
Axiom Market Research & Consulting™ added “Kraft Lignin Market Research Report by Demand, Outlook & Future Assessment Up To 2024”
The lignin obtained from kraft pulping or sulfate process is called kraft lignin. Kraft lignin possesses distinguishing characteristics from native lignin and other technical lignins. Axiom MRC estimated and projected the volume of consumption of kraft lignin in terms of Kilo tones (KT) and revenue in terms of USD million by various applications. Kraft lignin market is anticipated to grow at a compound annual growth rate between 2.5% to 3.5% from 2018 to 2022. The global market is driven by factors such as, abundantly available raw material, kraft pulping process is widely accepted process in the paper production, large number of applications etc. The global kraft lignin market is hindered by factors such as, complex structure of lignin creates difficulty in the extraction of kraft lignin, lack of awareness of extraction of kraft lignin from the black liquor etc. Download free sample report: https://axiommrc.com/request-forsample/?report=1098 Kraft lignin market can be segmented such as, applications and geographies. The major application of kraft lignin are, agrochemicals i.e. pesticides and fertilizers, thermoplastic polymers, binders and resins and others include Carbon Fiber, etc. Lastly the market is segmented by geography such as, North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The application agrochemicals and thermoplastic polymers are accounted more than 50% of market share in 2016. The other applications such as carbon fibers anticipated to be grow at highest growth rate from 2018 to 2022. North America and Europe are together the largest market of kraft lignin globally. Browse the full Report: https://axiommrc.com/product/1098-kraft-ligninmarket-report/ Industrially opted processes of isolating large quantities of kraft lignin from black liquor are known as LignoBoost invented by Innventia and Chalmers University of Technology. Further the technology was acquired by to Metso which later developed for industrial scale production in alliance with Innventia. About Us Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc. Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated
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