The global Lignosulfonates market gathered revenue around USD 2.0 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 3.9% during the prediction period 2021 to 2027.
Report Coverage
Report Scope | Details |
Market Size | USD 2.0 Billion by 2027 |
Growth Rate | CAGR of 3.9% From 2021 to 2027 |
Base Year | 2020 |
Forecast Period | 2021 to 2027 |
Historic Data | 2017 to 2020 |
Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
Segments Covered | Product Type, End-use, and Region |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Companies Mentioned | Borregaard LignoTech, Burgo Group S.p.A., Domsjö Fabriker AB, Green Agrochem, Nippon Paper Industries Co. Ltd., Sappi Limited, Shenyang Xingzhenghe Chemical Co. Ltd., Rayonier Advanced Materials Inc., The Dallas Group of America, and Qingdao New World Material Co. Ltd. |
Global Lignosulfonates Market is expected to witness considerable growth in the forecast period owing to the worldwide explosive demand of lignosulfonates from the construction industry. Lignosulfonates are water-soluble anionic polyelectrolyte polymers. They are derived from the production of wood pulp with sulfite pulping. The wood is mainly composed of three components as hemicellulose, cellulose, and lignin.
During the sulfite pulping procedure, the lignins are water-soluble and sorted as insoluble cellulose and soluble cellulose. The separated soluble lignins are known as lignosulfonates. Lignosulfonates are greatly versatile and hold wide range of industrial applications. Although lignosulfonates are commonly associated with construction of public roads & dust control, they are also used as dispersants, emulsifiers, and binders, in several products like gypsum board, micronutrients and animal fodder pellets.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Lignosulfonates market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Lignosulfonates market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Lignosulfonates market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Lignosulfonates Market: Dynamics
Lignosulfonate is a brown amorphous powder. It has no odor and is not hygroscopic. It forms colloidal solutions or dispersions in water, but is insoluble in organic solvents. Lignosulfonates are biopolymers that are salts of lignosulfonic acid formed during the sulfite method of pulp production. Lignosulfonates differ in composition, as the wood differs. The extent of lignin degradation varies, as a different number of sulfonic groups may have been added. Lignosulfonates are used in animal feed binders, concrete additives, oil well additives, and dust control industries. The animal feed binders segment includes lignosulfonates, which are commonly used in commodities such as coal briquettes, ceramics, mineral dust briquetting, and production of plywood or particleboards.
The global animal feed binders sector is expected to expand considerably during the forecast period. Thus, the rise in the production of animal feed binders, concrete additives, and dust control is projected to boost the demand for lignosulfonates during the forecast period.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Some of the prominent players in the Lignosulfonates Market include: Borregaard LignoTech, Burgo Group S.p.A., Domsjö Fabriker AB, Green Agrochem, Nippon Paper Industries Co. Ltd., Sappi Limited, Shenyang Xingzhenghe Chemical Co. Ltd., Rayonier Advanced Materials Inc., The Dallas Group of America, and Qingdao New World Material Co. Ltd.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Lignosulfonates Market, by Product Type
Lignosulfonates Market, by End-use
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Lignosulfonates market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Lignosulfonates market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Lignosulfonates markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Lignosulfonates market Study: