Lignin Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecast, 2012 to 2022

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Lignin Market Analysis, Market Size, Share, Regional

Outlook, Industry Trends, Competitive Strategies And

Segment Forecast, 2012 To 2022

Industry Overview

Global lignin market size is expected to reach 17,293.4 kilo tons by 2022, growing at a CAGR of 5.2%

from 2015 to 2022. End use industries include binders, animal feed, adhesives, concrete admixtures,

bitumen, phenols and vanillin. Growing demand for animal feed is anticipated to drive the lignin market

over the forecast period.

Increasing need for dust control is another key factor for lignin market growth. Over the past few years

it has been increasingly used as a substitute to calcium carbonate as a dust collector. It is also mixed

with construction materials or solvents to form dust collector systems. It is absorbed by the dust particle

and bonds with the particulate matter on a molecular level. In addition, research studies have shown

that these dust collectors in pavements have proved to be more effective than its calcium carbonate

counterparts.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Lignin is being increasingly utilized as an additive in concrete as it functions as an effective water reducer

and controls the rheological properties of the base material; this also increases the durability of

concrete resulting in lower maintenance cost.

Commercial extraction procedure is a traditional process which results in low yield. There is a significant

difference between yield obtained commercially and conducted by research institutes. This large gap

between R&D and industries is expected to hamper market growth. In addition, low consumer

awareness regarding usage and benefits, on account of minimal regulatory initiative may also challenge

industry participants.

Product Overview

Ligno-sulphonates...