Report Description
Lignosulfonates are the most commercial source of lignin that are available at a low cost. These are anionic polymers that are typically soluble in water and obtained as a byproduct during the sulfite process of paper pulping. Low cost and eco-friendly nature of lignosulfonates have increased popularity of lignosulfonates in numerous applications. Lignosulfonates are commercially available in various product forms such as calcium lignosulfonate, sodium lignosulfonate, and magnesium lignosulfonate. These are employed in applications such as oil well additives, concrete admixture, animal feed binder, dust control, and others (tiles & bricks, etc.). Growth in construction and animal feed industries is likely to drive demand for lignosulfonates during the forecast period. However, availability of various application-specific substitutes is projected to hinder growth of the market in the next eight years. In spite of this, high demand for lignosulfonates in oil well additives from countries in the Middle East is anticipated offer immense opportunities to lignosulfonate manufacturers during the forecast period.
This report analyzes and forecasts the market for lignosulfonates at the global and regional level. The market has been forecast based on volume (kilo tons) and revenue (US$ Mn) from 2015 to 2023, considering 2014 as the base year. The study includes drivers and restraints of the global lignosulfonates market. It also covers impact of these drivers and restraints on demand for lignosulfonates during the forecast period. The report also highlights opportunities in the lignosulfonates market at the global and regional level.
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Scope
Asia Pacific is projected to be the fastest-growing regional market for lignosulfonates during the forecast period. Increasing demand for concrete admixtures and water-reducing chemicals, mainly due to rapid surge in the construction industry in China, India and ASEAN, is expected to drive the demand for lignosulfonates in the region, in coming years. The lignosulfonates market in the Middle East & Africa is also anticipated to witness considerable growth during the forecast period.
Key Players
Key players in the lignosulfonates market include Borregaard LignoTech, Tembec Inc., Sappi, Flambeau River Papers, NIPPON PAPER INDUSTRIES CO., LTD., Domsjö Fabriker AB, Burgo Group Spa, Green Agrochem, Shenyang Xingzhenghe Chemical Co., Ltd., and Qingdao Newworld Material Co., Limited.
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