Lignin Market, By Product (Organosolv Lignin, Kraft Lignin, Ligno-Sulphonates, and Others), By Source (Kraft Pulping, Cellulosic Ethanol, and Sulfite Pulping), By Application (Aromatics, Dye stuff, Macromolecules, Concrete Additive, Animal Feed, Absorbents, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) - Trends, Analysis, and Forecast till 2034

Report Code: PMI66219 | Publish Date: February 2024 | No. of Pages: 178

Global Lignin Market By Product Overview

Introduction:

Lignin Market accounted for US$ 995.9 million in 2024 and is estimated to be US$ 8715.3 million by 2034 and is anticipated to register a CAGR of 26.90%.

Lignin is a complex organic polymer that is a major component of plant cell walls. It provides structural support to plants along with cellulose and hemicellulose. Lignin is a three-dimensional, amorphous and highly cross-linked macromolecule that is mainly composed of three types of phenylpropanoid units like hydroxyphenyl (H), guaiacyl (G) and syringyl (S).

The production of lignin-based materials offers a more sustainable and eco-friendly alternative to traditional materials derived from fossil fuels. The continued growth of lignin research and development has led to new discoveries and innovations in the field, creating new opportunities for commercialization and application, which in turn boost the demand for Lignin Market growth in coming years.

Global Lignin Market By Product Dynamics

 

                       Rise in demand for sustainable and eco-friendly materials

Rise in demand for sustainable and eco-friendly materials has been a major driver of the increasing interest in lignin as a raw material for a variety of applications. Lignin is a natural, renewable and abundant Biopolymers that is produced as a byproduct of various industrial processes including pulp, paper production and bioenergy production. The growing demand has also been fueled by changing consumer preferences and increasing focus on corporate social responsibility. For instance, in 2023, the second-most prevalent type of biopolymer in nature, lignin is being depolymerized to produce a variety of useful chemicals and fuels. This path offers a wonderful way to combat climate change and promote long-term sustainability because it could immediately replace their petrol-based alternatives. Lignin-based materials offer a more sustainable alternative such as Biodegradable Plastic as they have a low carbon footprint and are eco-friendly.

Restrains:

Lignin is not available commercially and the cost of production is high which limits its adoption in various industries. The use of lignin-based products may be limited in some applications due to the lack of standardization in the extraction and modification of lignin which restrained the Lignin Market growth. 

Global Lignin Market By Product Segmentation

 Lignin Market-Segmentation

 

Lignin Market is segmented based on product, source, application and region.

Product Insight

On the basis of Product Lignin Market is segmented into Organosolv Lignin, Kraft Lignin, Ligno-Sulphonates, and Others. Kraft Lignin is expected to dominate the target market growth due to its accounting for approximately 90% of all commercial lignin production and is commonly used as a fuel source as well as raw material for production of adhesives and resins.

Source Insights

On the basis of Source Lignin Market is segmented into Kraft Pulping, Cellulosic Ethanol, and Sulfite Pulping. Kraft Pulping is expected to dominate the target market as it is the most common method used for producing pulp and paper which accounts approximately 80% of all pulp production worldwide.

Application Insights

On the basis of Application Lignin Market is segmented into Aromatics, Dye stuff, Macromolecules, Concrete Additive, Animal Feed, Absorbents, and Others. Animal Feed is expected to dominate the target market because these are commonly used as binders and dispersants in animal feed pellets and also lignin-based feed additives can help improve animal health and nutrition.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the Lignin Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period. The demand for lignin in North America is driven by a growing interest in sustainable and eco-friendly materials, as well as the presence of a well-established pulp and paper industry.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Organosolv Lignin, Kraft Lignin, Ligno-Sulphonates, and Others

By Source - Kraft Pulping, Cellulosic Ethanol, and Sulfite Pulping

By Application - Aromatics, Dye stuff, Macromolecules, Concrete Additive, Animal Feed, Absorbents, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Lignin Market report based on Product, Source, Application and region:

Lignin Market, By Product:

  • Organosolv Lignin
  • Kraft Lignin
  • Ligno-Sulphonates
  • Others

Lignin Market, By Source:

  • Kraft Pulping
  • Cellulosic Ethanol
  • Sulfite Pulping

Lignin Market, By Application:

  • Aromatics
  • Dye stuff
  • Macromolecules
  • Concrete Additive
  • Animal Feed
  • Absorbents
  • Others

Lignin Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Lignin Market By Product Key Players

The key players operating the Lignin Market includes, Asian Lignin Manufacturing Pvt. Ltd., Borregaard LignoTech, Domsjö Fabriker (Aditya Birla Group), Tembec Inc., Domtar Corporation, Changzhou Shanfeng Chemical Industry Co. Ltd., Hubei zhengdong chemical Co. Ltd., Nippon Paper Industries Co. Ltd., MeadWestvaco Corporation, and Inventia AB, and others.

Global Lignin Market By Product Key Issues Addressed

Recent Development:

  • In August 2022, Lignopure launched a particle technology to fully utilize lignin from industrial side streams where the technology is featured in company’s LignoBased line for color. The sustainable, recycled lignin-based components provide formulators and producers with a tool to streamline formulations for a range of skin tones and undertones in a number of products.
  • In May 2021, Praj Industries announced the development of technology to produce Bio-Bitumen based on lignin. One of Europe's organizations to promote the bio economy, Circular Biobased Delta, based in the Netherlands, has given its approval to Praj's Bio-bitumen samples made from purified lignin as part of the flagship CHAPLIN program.

Global Lignin Market By Product Company Profile

  • Asian Lignin Manufacturing Pvt. Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Borregaard LignoTech,
  • Domsjö Fabriker (Aditya Birla Group)
  • Tembec Inc.
  • Domtar Corporation
  • Changzhou Shanfeng Chemical Industry Co. Ltd.
  • Hubei zhengdong chemical Co. Ltd.
  • Nippon Paper Industries Co. Ltd.
  • MeadWestvaco Corporation
  • Inventia AB

“*” marked represents similar segmentation in other categories in the respective section

Global Lignin Market By Product Table of Contents

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  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Lignin Strategies
      • Key Questions this Study will Answer
        • By Product (Organosolv Lignin, Kraft Lignin, Ligno-Sulphonates, and Others)

        • By Source (Kraft Pulping, Cellulosic Ethanol, and Sulfite Pulping)

        • By Application (Aromatics, Dye stuff, Macromolecules, Concrete Additive, Animal Feed, Absorbents, and Others)

        • By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa)

    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Lignin Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles

 

  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • Key players in the global lignin market includes, Asian Lignin Manufacturing Pvt. Ltd., Borregaard LignoTech, Domsjö Fabriker (Aditya Birla Group), Tembec Inc., Domtar Corporation, Changzhou Shanfeng Chemical Industry Co. Ltd., Hubei zhengdong chemical Co. Ltd., Nippon Paper Industries Co. Ltd., MeadWestvaco Corporation, and Innventia AB.

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

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FAQs

The Lignin Market is segmented into product, source, application, and region.

Lignin Market is driven by factors like rise in demand for sustainable and eco-friendly materials.

By region, the Lignin market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Lignin Market includes, Asian Lignin Manufacturing Pvt. Ltd., Borregaard LignoTech, Domsjö Fabriker (Aditya Birla Group), Tembec Inc., Domtar Corporation, Changzhou Shanfeng Chemical Industry Co. Ltd., Hubei zhengdong chemical Co. Ltd., Nippon Paper Industries Co. Ltd., MeadWestvaco Corporation, and Innventia AB.

Lignin Market accounted for US$ 995.9 million in 2024 and is estimated to be US$ 8715.3 million by 2034 and is anticipated to register a CAGR of 26.90%.