Los Angeles, CA -- (SBWIRE) -- 04/29/2019 -- Lignin is the most abundant natural raw material available on Earth in terms of solar energy storage. It represents 30 per cent of all the non-fossil organic carbon on Earth. Lignin can be used as a green alternative to many petroleum-derived substances, such as fuels, resins, rubber additives, thermoplastic blends, nutra and pharmaceuticals. It is also known to be the only renewable source for industrial aromatics production.

Lignin can be found in other plants, such as cereal straws, bamboo and bagasse, but it is in wood that lignin content is the highest in terms of weight: 20–35 percent in wood compared to 3–25 per cent in other lignin sources. Typically, kraft and organosolv lignins are two suitable candidates, whereas lignosulfonates will most likely lead to lower-value chemicals, which require more complicated processing.

The lignin-based products demand with a fast growth rate in the past few years. The developed countries demand is relatively stable and the growth rate is relatively low. And the developing countries demand will increase in a relatively higher speed, especially in China, In 2017, global revenue of Lignin Products is nearly 750 M USD; the actual production is about 1300 thousand MT.

Lignin Products can be broadly classified into three types: Kraft Lignin, Lignosulphonates and other, and the proportion of Lignosulphonates in 2017 is about 88.7%. Lignin Products is widely used in Construction, Animal Feed, Agricultural Industry and others. The most proportion of Lignin Products is used in Construction, and the consumption proportion is about 42% in 2017.

The global Lignin Products market was 750 million US$ in 2018 and is expected to 1460 million US$ by the end of 2025, growing at a CAGR of 8.8% between 2019 and 2025. This report studies the Lignin Products market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lignin Products in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Borregaard LignoTech

KMT Polymers

Domtar

Nippon Paper

Domsjo Fabriker

MWV (WestRock)

Weili Group

Wuhan East China Chemical

Shenyang Xingzhenghe Chemical

Xinyi Feihuang Chemical

By the product type, the market is primarily split into

Kraft Lignin

Lignosulphonates

Other

By the end users/application, this report covers the following segments

Construction

Agricultural Industry

Animal Feed

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