GLOBAL LIGNIN MARKET (Market Size 2019)
CAGR (2020-2027)
2.7%
US 872.2 Mn Prominent Regions North America
Asia-Pacific
Market Size
Market Size
US$ 298.3 Mn
US$ 198.2 mn CAGR
CAGR
3.4%
2.3%
Major Driver
Major Driver
The shifting trends of chemical manufacturing
The Rising trends for the manufacturing of
industry in the region towards using bio-based
products through bio-based sources
raw material in manufacturing
Major Drivers Increasing demand for carbon fibers and polyurethane foams from automotive industry Strong demand for the product from the animal feed industry.
Segmentation (Scope) BY APPLICATION
Major PLAYERS Borregaard LignoTech
Concrete Additive
Changzhou Shanfeng
Animal Feed
Chemical Industry Co., Ltd.
Dye Stuff
Domsjö Fabriker AB
Others
Domtar Corporation
BY PRODUCT Lignosulfonates Kraft Lignin Others
MeadWestvaco Corporation Nippon Paper Industries Co., Ltd. Tembec, Inc. UPM-Kymmene Corporation
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