Global Lignin Market Insights and Forecast to 2028

Lignin is the most abundant natural raw material available on Earth in terms of solar energy storage.
Market Analysis and Insights: Global Lignin Market
Due to the COVID-19 pandemic, the global Lignin market size is estimated to be worth US$ 644.6 million in 2022 and is forecast to a readjusted size of US$ 806.3 million by 2028 with a CAGR of 3.8% during the review period. Fully considering the economic change by this health crisis, Kraft Lignin Products accounting for % of the Lignin global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Construction segment is altered to an % CAGR throughout this forecast period.
Lignin and Lignin-Based Products can be broadly classified into three types: Kraft Lignin, Lignosulphonates and other, and the proportion of Lignosulphonates in 2019 is about 90%.
Lignin and Lignin-Based Products is widely used in Construction, Animal Feed, Agricultural Industry and others. The most proportion of Lignin and Lignin-Based Products is used in Construction, and the consumption proportion is about 40% in 2019.
Europe region is the largest supplier of Lignin and Lignin-Based Products, with a production market share nearly 32% in 2019. Middle East and Africa is the second largest supplier of Lignin and Lignin-Based Products, enjoying market share nearly 28% in 2019.
Europe is the largest consumption place, with a consumption market share nearly 35% in 2019. Following Europe, Asia Pacific is the second largest consumption place with the consumption market share of 32%. North America is also an important area.
Borregaard LignoTech, KMT Polymers, Tembec (Rayonier Advanced Materials), Domtar, etc. are the leaders of the industry.
In terms of production side, this report researches the Lignin capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Lignin by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Lignin Scope and Segment
Lignin market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Lignin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Kraft Lignin Products
Sodium Lignosulfonate
Calcium Lignosulfonate
Magnesium Lignosulfonate
Ammonium Lignosulfonate
Potassium Lignosulfonate
Others
Segment by Application
Construction
Agricultural Industry
Animal Feed
Others
By Company
Borregaard LignoTech
KMT Polymers
Tembec(Rayonier Advanced Materials)
Domtar
Nippon Paper
Domsjo Fabriker
MWV (WestRock)
Weili Group
Wuhan East China Chemical
Shenyang Xingzhenghe Chemical
Xinyi Feihuang Chemical
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE