Lignin Market - Forecasts from 2018 to 2023Posted by Genny kim on March 20th, 2018 The global Lignin market is predicted to witness a compound annual growth rate of 2.06% during the forecast period to reach a total market size of US21.57 million by 2023, increasing from US4.04 million in 2017. Lignin is the second most abundant plant derived polymer in the world and is widely used in three major applications, namely- an additive, a dispersant and a binder. The global lignin market is expected to witness boost in sales during next five years due to increase in robust growth in animal feed additives market. Also, wider commercial application in animal feed additives, agriculture, industrial cleaners and water treatment, oil field chemicals, industrial binder, battery additives and several other sectors are likely to provide further push to the sales during the coming years. Rising awareness regarding air pollution, organic materials, rising prevalence of respiratory disorders, and other health hazards are predicted to drive the growth of the global lignin market over the forecast period. The lack of awareness among consumers about lignin products is expected to be the major challenge for the growth of the lignin market. For sample copy of Lignin Market Report visit This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment. Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Lignin value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market. Segmentation The Lignin market has been analysed through following segments: By Type, Lignosulphonates, Kraft lignin, Sulphur free lignin, Others,By Application, Concrete Additives, Animal Feeds, Resins, Dispersants, Others,By Geography, North America, United States, Canada, Mexico, Others, Europe, Germany, France, Italy, Spain, UK, Others, Asia Pacific, India, China, Japan, Australia, Others, Middle East and Africa, Saudi Arabia, UAE, Israel, Others, South America, Brazil, Argentina, Others About Us: Reports And Markets is part of the Algoro Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. On ReportsAndMarkets.com you will find all the globally available market research and company reports from well-respected market research companies, all leaders in their field. Reports And Markets is totally independent and serves its customers by providing the most reliable market research available, as we understand how important this is for you. Contact: Sanjay Jain Like it? Share it! More by this author |