Lignin Market Size Projections: A Strong Growth Outlook from 2023 to 2035
Lignin refers to a fundamental structural materials-forming complex organic polymers found in the support tissues of most plants. It adds the compressive stiffness and strength to the plant cell wall and also facilitates the upward movement of water in xylem tissues. Additionally, lignin is the chief constituent of wood, along with cellulose, and the second most abundant organic material found on the earth. The industrial uses of lignin include as a soil conditioner, as a binder for composite or laminated wood products such as particleboard, as a linoleum adhesive, and as an active ingredient or filler of phenolic resins.
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The growth of the global lignin market can majorly be attributed to the initiatives by the market leader to use all main components of straw, such as cellulose, lignin, and hemicellulose, in the development of extremely useful end products. For instance, the recent research-based collaboration of Metsä Group, Fortum, and Business Finland aims to develop innovative business concepts and technologies for converting wood pulp and straw to textile fibers and other valuable byproducts. Further, as per the market analysis, key players facilitating the secure and enhanced supply of products to lignin businesses, thereby helping them expand and explore new application segments, are also projected to drive market growth. For instance, Domtar Paper Company LLC recently agreed with UPM Biochemicals in 2020 to surge its supply of annual kraft lignin production by more than 20,000 metric tons from its Plymouth Mill in North Carolina in the United States (U.S.).
The global lignin market is also estimated to grow majorly on account of the following:
The lack of awareness about the effective use of lignin in various applications and the lack of research to discover new applications of lignin are expected to affect the market’s growth adversely. Further, much of the purification process involved in the production of technical lignin is not economically justified and fails to remove chemically-bonded compounds from lignin. Hence the difficulties faced in the technical lignin production is expected to be the major hindrance for the growth of the global lignin market during the forecast period.
Global Lignin Market Segmentation
- By Application (Macromolecules, Aromatics, and Others)
Among these applications, the macromolecules segment is expected to hold the largest market share by the end of 2035 owing to the possible processing of macromolecules to produce products, such as biofuels, carbon fibers, bio-refinery catalysts, activated carbon, and bitumen. Hence, the large-scale production of these materials is expected to bring market growth. For instance, according to the U.S. Energy Information Administration (EIA), the total production and consumption of biodiesel by the U.S. in 2021 amounted to 1,639 million gallons and 1,647 million gallons, respectively.
- By Product (Milled Wood, Chemical Lignin, Cellulose Enzyme, and Others)
- By Source (Ligno-Sulphonates, Kraft Pulping, and Others)
- By Raw Material (Softwood, Straw, Sugarcane Bagasse, Hardwood, Corn Stover, Spent Liquor)
- By Region
The Asia Pacific lignin market is anticipated to hold the largest market share among the market in all the other regions by the end of 2035. The increasing construction activities in countries such as India, Japan, China, and South Korea, along with the paper and pulp company’s increased use of lignin, are the major factors driving the regional market’s growth. The paper consumption in India alone is projected to reach 30 million tons between 2026 and 2027.
The market research report on global lignin also includes the market size, market revenue, Y-o-Y growth, and key player analysis applicable for the market in North America (U.S., and Canada), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), and Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa).
Key Market Players Featured in the Global Lignin Market
Some of the key players of the global lignin market are Borregaard AS, Domtar Corporation, Aditya Birla Group (Domsjö Fabriker AB), Nippon Paper Industries Co., Ltd., METSA Group, Burgo Group S.p.A., The Ingevity Group, Rayonier Advanced Materials, Stora Enso Oyj, Merck KGaA (Sigma Aldrich)
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