Lignin Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026

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Presents a Research Report on
Lignin Market
Lignin Market is Segmented by End-Use Industry
(Construction, Agriculture, Animal Feed, and
Others), by Product Type (Lignosulfonate, Kraft
Lignin, and Others), and by Region (North
America, Europe, Asia-Pacific, and Rest of the
World).


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Lignin Market Growth and Forecast Highlights
Drivers

• The lignin market is likely to rebound at a
  promising CAGR of 3.1 during 2021-2026 to reach
  US 810 Million in 2026.
• Lignin is one of the most abundantly available
  biopolymers on earth and has been attributed as
  the most sustainable bio-resource.
• Lignin was traditionally used as a fuel for
  burning.
• However, over the past few years, manufacturers
  are exploring new revenue streams for lignin
  across different industrial applications like
  construction, agriculture, and animal feeds.
• Lignin producers have realized a significant
  number of commercialized as well as potential
  applications for different lignin-based materials
  including vanillin, carbon fiber, phenols, and
  bio-materials which can be further processed to
  be used as binders adhesives, dispersants,
  aromatics, etc.
• In the wake of the pandemic, the lignin market
  witnessed a decline of -1.3 in the year 2020.
• Different end-use industries have experienced
  different degrees of impact of the pandemic.
• For instance, the COVID-19 pandemic hit the
  construction industry hard, causing unimaginable
  disruption and losses for the stakeholders.
• Increased use of oil-based alternatives driven by
  low oil prices and reduced construction
  activities further resulted in the decline of
  lignin demand in the construction industry.

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Market Insights

• By End-Use Industry Type
• The market is segmented as construction,
  agriculture, animal feed, and others.
• Construction is expected to remain the largest
  segment of the market during the forecast period,
  owing to continuous growth in construction
  activities across the globe.
• In addition to that, the increasing demand for
  lignin in concrete additives is further expected
  to boost the market growth during the study
  period.
• By Product Type
• The market is segmented as lignosulfonate, kraft
  lignin, and others. 
• Lignosulfonate is expected to remain the dominant
  product type in the market during the forecast
  period.
• This is primarily due to a wide range of
  industrial applications for lignosulfonates, such
  as concrete admixture, dust suppressant and
  control, animal feed binders, crop protection,
  and fertilizer production.
• By Region
• Europe is expected to remain the largest market
  for lignin during the forecast period.
• The presence of a large number of lignin
  producers, such as Domsjo Fabriker, Stora Enso,
  and Borregaard, in Europe, is one of the major
  factors behind the dominance of the region.
• Asia-Pacific and North America are also likely to
  create sizeable opportunities in the coming five
  years, driven by an expected rebound in the
  construction industry and a strong expected
  economic rebound in the near future.

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Competitive Insights
Lignin Market, regional expansion, and execution
of mergers acquisitions are the key strategies
adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed

• The Borregaard Group
• Sappi Limited
• Domtar Corporation
• Domsjo Fabriker (Part of Aditya Birla Group)
• Stora Enso
• Ingevity

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Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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Market Segmentation

• The lignin market is segmented into the following
  categories.
• Lignin Market, by End-Use Industry
• Construction (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Agriculture (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Animal Feed (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• Lignin Market, by Product Type
• Lignosulfonate (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Kraft Lignin (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• Lignin Market, by Region
• North America (Country Analysis USA, Canada, and
  Mexico)
• Europe (Country Analysis Germany, Italy, the UK,
  Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis China, India,
  Japan, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis Latin
  America, the Middle East, and Africa)

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