Lignin Market to Gain Traction, as Bio-Based Materials Gather Impetus
Lignin is a wood component that is proving to be a promising renewable resource. Lignin is extensively used as a bio-based precursor to vanillin, high value aromatic compounds (BTX), phenols and carbon fiber. Increasing lignin demand, as an organic additive is expected to drive the global market over the forecast period. Amongst lignin products, Lignosulphonates are expected to account for around three fourth of global lignin demand. Lignosulphonates are widely used as starting materials in the synthesis of vanillin-a flavoring agent for food, ice cream, and bakery goods.
This method has overthrown the natural vanillin essence which is extracted from vanilla beans .Furthermore, the augmented demand for Lignosulphonates in concrete admixtures is another important factor, which is driving the global lignin market. Another major application of Lignosulphonates is found in oil & gas industry, where it is used to control mud viscosity in deep oil well drilling. In addition, it is also used in the preparation of smooth clay slips for ceramics. The aforementioned factors are likely to increase the demand for Lignosulphonates lignin over the forecast period. Amongst other lignin products, Kraft lignin has high consumption as a foam in fire extinguishers and in printing inks for high speed rotary presses. Kraft lignin is also used for making high grade activated charcoal. Owing to such ingenious applications of lignin in a wide range of industries, demand for lignin is set to heighten over the forecast period.
Europe Reigns Supreme, North America Closing In
From the regional perspective, Europe accounts for over one-third of market share in global lignin market. This region has been identified for its strict regulations regarding emission of greenhouse gases and has provided potential market opportunities for manufacturing of bio-based polymers. Growing demand for light-weight automotive materials and bio-based materials in countries like Germany, France, and Netherlands is positively impacting the growth in the regional lignin market.
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Europe is followed by North America, which is also experiencing a similar trend of using bio-based raw materials for product manufacturing. Thus, this region is anticipated to have sustained demand for lignin in the long term forecast. Furthermore, East Asia is one of the lucrative markets for lignin, which is likely to play a key role in driving the global lignin market. China is at the forefront of demand with robust production of activated carbon, binders, preservatives, and polyols in the region, accounting for bulk demand for lignin.
Vertical Integration Remains Key to Success
Global lignin market is consolidated and is led by a leading player Borregaard LignoTech. The company nearly accounts for close to half of the world’s lignin production. Other prominent players with established market presence in global lignin market include Domsjo Fabriker, Domtar Corporation, Ingevity Corporation, Rayonier Advanced Materials, Nippon Paper Industries Co., Ltd., The Dallas Group Of America Inc. and Wuhan East China Chemical Co., Ltd. Key players are trying to reinforce their position in the market by providing cost-effective solutions. Recent years witnessed a shift of stakeholders towards vertical integration, which helps to maintain a continuous raw materials supply. Increasing value chain integration from lignin manufacturers has been posing entry barriers to new entrants.
Besides, manufacturers have also been active in strategic collaborations and acquisitions.
- For instance, in June 2018, Borregaard and Rayonier started a joint-venture company Lignotech Florida. Company will initially operate at a production capacity of 100 thousand per annum.
- In November 2017, Meridian Waste Solutions, Inc acquired Advanced Lignin Biocomposites LLC that owns and develops lignin recovery, production and application technology.
The aforementioned strategies adopted by manufacturers aim to serve the ever-rising demand for specialized grades of lignin to be used as bio-based raw materials for the production of binders, BTX products and many more.
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Lignin Market- Scope of the Report
The recent study by Fact.MR on lignin market offers a 10-year forecast between 2019 and 2029. The study analyzes crucial trends that are currently determining the growth of lignin market. This report explicates on vital dynamics such as the drivers, restraints and opportunities for key market players along with key stakeholders as well as emerging players associated with the manufacturing of lignin. The study also provides dynamics that are responsible for influencing the future status of the lignin market over the forecast period.
A detailed assessment of lignin value chain analysis, business execution, and supply chain analysis across the regional markets has been covered in the report. A list of prominent companies operating in the lignin market along with their production capacity analysis enhances the reliability of this comprehensive research study.
Lignin Market: Report Summary
The study offers a comprehensive analysis on diverse features including production capacities, demand, product developments, revenue generation and sales in lignin market across the globe.
A comprehensive estimate on lignin market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of lignin during the forecast period. Price point comparison by region with global average price is also considered in the study.
Lignin Market Segmentation
Fact.MR has studied the lignin market with detailed segmentation on the basis of product, application and key regions.
|
Product |
Application |
Region |
|
Kraft Lignin |
Aromatics |
North America |
|
Lignosulphonates |
Macromolecules |
Latin America |
|
Low Purity Lignin |
|
Europe |
|
|
|
East Asia |
|
|
|
South Asia & Oceania |
|
|
|
Middle East & Africa |
Lignin Market: Analysis on Market Size Evaluation
Lignin market has been analyzed for each market segment, in terms of volume (Kilo tons) and value (US $ Mn).
Market estimates at global and regional levels for lignin is available in terms of “US$ Mn” for value and in “kilo tons” for volume. A Y-o-Y growth contrast on prominent lignin market segments, along with the market attractiveness evaluation has been incorporated in the report. Furthermore, the absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve along with identifying potential resources, considering sales and distribution perspective in the global lignin market.
Lignin Market: Inspected Assessment on Regional Segments
Key sections have been elaborated in the lignin report, which helped to deliver projection on the regional markets. These chapters include the regional macros (political economic, and business environment outlook), which are expected to have a momentous influence on the growth of lignin market during the forecast period.
Country-specific valuation on demand for lignin has been offered for each regional market, along with the market scope estimate and forecast, price index, and impact analysis of dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value & volume for emerging countries has also been included in the report.
Lignin Market: In-depth Analysis on Competitive Landscape
The report sheds light on the leading manufacturers of the lignin along with their detailed profiles. Essential and Up-to-date data information related to the market performers, who are principally engaged in the production of the lignin, has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits the report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which includes essentials such as product portfolio, key strategies along with an all-inclusive SWOT analysis on each player. The company presence is mapped and presented through the matrix for all the prominent players thus providing the readers with actionable insights, which helps in thoughtfully presenting market status, and predicting the competition level in lignin market. Prominent companies operating in the global lignin market, include Borregaard, Domsjo Fabriker, Domtar Corporation, Green Agrochem and Ingevity Corporation.
1. Executive Summary
1.1. Summary of Key Findings
1.2. Summary of Statistics
1.3. Mega Trend in Chemical Industry
1.4. Fact.MR Analysis and Recommendations
2. Market Overview
2.1. Market Introduction
2.2. Market Definition
2.3. Market Taxonomy
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Development Trends
4. Market Background
4.1. Global Chemicals Industry Outlook
4.2. Global Paper & Pulp Industry Outlook
4.2.1. By Regions
4.2.2. By Key Companies
4.3. Total Paper Production, 2018
4.4. Global Apparent Lignin Production Overview
4.4.1. Production Capacity, By Region
4.4.2. Production Capacity, By Country
4.4.3. Production Capacity, By Company
4.5. Global Lignin Regional Trade Analysis, 2018
4.5.1. List of top 10 importing countries and quantity
4.5.2. List of top 10 exporting countries and quantity
4.6. Raw Material Sourcing Strategy and Analysis
4.7. Forecast Factors - Relevance & Impact
4.7.1. Chemical Industry growth
4.7.2. Paper & Pulp Industry growth
4.7.3. Global GDP growth
4.7.4. Population growth
4.8. Value Chain Analysis
4.8.1. List of raw material Manufacturers / suppliers
4.8.2. List of Key Manufacturers
4.8.3. List of distributors
4.8.4. List of end-users
4.8.5. Value added at each node
4.9. Market Dynamics
4.9.1. Drivers
4.9.2. Restraints
4.9.3. Opportunity Analysis
5. Global Lignin Market Demand Analysis 2014-2018 and Forecast, 2019-2029
5.1. Historical Market Volume (Tons) Analysis, 2014-2018
5.2. Current and Future Market Volume (Tons) Projections, 2019-2029
5.3. Y-o-Y Growth Trend Analysis
6. Global Lignin Market - Pricing Analysis
6.1. Regional Pricing Analysis
6.2. Pricing Break-up
6.3. Global Average Pricing Analysis Benchmark
7. Global Lignin Market Demand (US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029
7.1. Historical Market Value (US$ Mn) Analysis, 2014-2018
7.2. Current and Future Market Value (US$ Mn) Projections, 2019-2029
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Lignin Market Analysis 2014-2018 and Forecast 2019-2029, By Product
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Product, 2014-2018
8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product, 2019 - 2029
8.3.1. Kraft Lignin
8.3.2. Lignosulphonates
8.3.3. Low Purity Lignin
8.4. Market Attractiveness Analysis By Product
9. Global Lignin Market Analysis 2014-2018 and Forecast 2019-2029, By Application
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2014-2018
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2019 - 2029
9.3.1. Aromatics
9.3.2. Macromolecules
9.4. Market Attractiveness Analysis By Application
10. Global Lignin Market Analysis 2014-2018 and Forecast 2019-2029, by Region
10.1. Introduction
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2014-2018
10.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2019 - 2029
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. South Asia & Oceania
10.3.5. East Asia
10.3.6. Middle East & Africa
10.4. Market Attractiveness Analysis By Region
11. North America Lignin Market Analysis 2014-2018 and Forecast 2019-2029
11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
11.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
11.3.1. By Country
11.3.1.1. U.S.
11.3.1.2. Canada
11.3.2. By Product
11.3.3. By Application
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Product
11.4.3. By Application
11.5. Market Trends
11.6. Key Market Participants - Intensity Mapping
11.7. Drivers and Restraints - Impact Analysis
12. Latin America Lignin Market Analysis 2014-2018 and Forecast 2019-2029
12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
12.3.1. By Country
12.3.1.1. Brazil
12.3.1.2. Mexico
12.3.1.3. Rest of Latin America
12.3.2. By Product
12.3.3. By Application
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Product
12.4.3. By Application
12.5. Market Trends
12.6. Key Market Participants - Intensity Mapping
12.7. Drivers and Restraints - Impact Analysis
13. Europe Lignin Market Analysis 2014-2018 and Forecast 2019-2029
13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
13.3.1. By Country
13.3.1.1. Germany
13.3.1.2. Italy
13.3.1.3. France
13.3.1.4. U.K.
13.3.1.5. Spain
13.3.1.6. BENELUX
13.3.1.7. Russia
13.3.1.8. Rest of Europe
13.3.2. By Product
13.3.3. By Application
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Product
13.4.3. By Application
13.5. Market Trends
13.6. Key Market Participants - Intensity Mapping
13.7. Drivers and Restraints - Impact Analysis
14. South Asia & Oceania Lignin Market Analysis 2014-2018 and Forecast 2019-2029
14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
14.3.1. By Country
14.3.1.1. India
14.3.1.2. Thailand
14.3.1.3. Indonesia
14.3.1.4. Malaysia
14.3.1.5. Australia & New Zealand
14.3.1.6. Rest of South Asia & Oceania
14.3.2. By Product
14.3.3. By Application
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Product
14.4.3. By Application
14.5. Market Trends
14.6. Key Market Participants - Intensity Mapping
14.7. Drivers and Restraints - Impact Analysis
15. East Asia Lignin Market Analysis 2014-2018 and Forecast 2019-2029
15.1. Introduction
15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
15.3.1. By Country
15.3.1.1. China
15.3.1.2. Japan
15.3.1.3. South Korea
15.3.2. By Product
15.3.3. By Application
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Product
15.4.3. By Application
15.5. Market Trends
15.6. Key Market Participants - Intensity Mapping
15.7. Drivers and Restraints - Impact Analysis
16. Middle East & Africa Lignin Market Analysis 2014-2018 and Forecast 2019-2029
16.1. Introduction
16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
16.3.1. By Country
16.3.1.1. GCC Countries
16.3.1.2. Turkey
16.3.1.3. South Africa
16.3.1.4. Rest of Middle East & Africa
16.3.2. By Product
16.3.3. By Application
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Product
16.4.3. By Application
16.5. Market Trends
16.6. Key Market Participants - Intensity Mapping
16.7. Drivers and Restraints - Impact Analysis
17. Lignin Market Analysis by Country
17.1. US Lignin Market Analysis and Forecast
17.1.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy
17.1.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.1.2.1. By Product
17.1.2.2. By Application
17.2. Canada Lignin Market Analysis and Forecast
17.2.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy,
17.2.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.2.2.1. By Product
17.2.2.2. By Application
17.3. Brazil Lignin Market Analysis and Forecast
17.3.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy,
17.3.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.3.2.1. By Product
17.3.2.2. By Application
17.4. Mexico Lignin Market Analysis and Forecast
17.4.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy,
17.4.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.4.2.1. By Product
17.4.2.2. By Application
17.5. Germany Lignin Market Analysis and Forecast
17.5.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy,
17.5.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.5.2.1. By Product
17.5.2.2. By Application
17.6. France Lignin Market Analysis and Forecast
17.6.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy,
17.6.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.6.2.1. By Product
17.6.2.2. By Application
17.7. Italy Lignin Market Analysis and Forecast
17.7.1. Introduction
17.7.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy
17.7.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.7.3.1. By Product
17.7.3.2. By Application
17.8. UK Lignin Market Analysis and Forecast
17.8.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy
17.8.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.8.2.1. By Product
17.8.2.2. By Application
17.9. Russia Lignin Market Analysis and Forecast
17.9.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy
17.9.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.9.2.1. By Product
17.9.2.2. By Application
17.10. Poland Lignin Market Analysis and Forecast
17.10.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy
17.10.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.10.2.1. By Product
17.10.2.2. By Application
17.11. South Korea Lignin Market Analysis and Forecast
17.11.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy
17.11.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.11.2.1. By Product
17.11.2.2. By Application
17.12. ASEAN Lignin Market Analysis and Forecast
17.12.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy,
17.12.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.12.3. By Product
17.12.3.1. By Application
17.13. South Africa Lignin Market Analysis and Forecast
17.13.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
17.13.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.13.2.1. By Product
17.13.2.2. By Application
17.14. GCC countries Lignin Market Analysis and Forecast
17.14.1. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy
17.14.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029
17.14.3. By Product
17.14.3.1. By Application
18. Market Structure Analysis
18.1. Market Analysis by Tier of Companies (Lignin)
18.2. Market Concentration
18.3. Market Share Analysis of Top Players
18.4. List of Brand names and Distributors
19. Competition Analysis
19.1. Market Analysis by Tier of Companies (Lignin)
19.2. Market Concentration
19.3. Market Share Analysis of Top Players
19.4. List of Brand names and Distributors
19.5. Company Profile
19.5.1. Borregaard
19.5.2. Domsjo Fabriker
19.5.3. Domtar Corporation
19.5.4. Green Agrochem
19.5.5. Ingevity Corporation
19.5.6. Meridian Waste Solutions
19.5.7. NIPPON PAPER INDUSTRIES CO., LTD.
19.5.8. Rayonier Advanced Materials
19.5.9. Shenyang Xingzhenghe Chemical Co. Ltd
19.5.10. Stora Enso
19.5.11. The Dallas Group of America Inc.
19.5.12. WUHAN EAST CHINA CHEMICAL CO.,LTD
20. Assumptions and Acronyms Used
21. Research Methodology
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Lignin Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029