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Lignin Market Is Expected To Reach $1,216.5 Million By 2028- An Exclusive Market Research Report By Lucintel

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By Author: Lucintel LLC
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Lucintel's latest market report analyzed that lignin provides attractive opportunities in the concrete additive, aromatic, dye stuff, macromolecule, animal feed, and absorbent applications. The lignin market is expected to reach $1,216.5 million by 2028 with a CAGR of 4.5%. In this market, kraft lignin is the largest segment by source, whereas concrete additive is largest by application.
Based on source, the lignin market is segmented into ft lignin, organosolv lignin, ligno-sulphonates, and others. The kraft lignin segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the growing use of eco-friendly building materials in the construction industry and increasing demand for kraft lignin in the paper industry owing to its thermal stability, water resistance, and UV resistance.
Browse in-depth TOC on “Lignin Market”
100 – Figures/Tables
150 – Pages
The Lignin Market is marked by the presence of several big and small players. Some of the prominent players offering lignin include Stora Enso, West Fraser, ...
... UPM Biochemicals, Sweetwater Energy, BorregaardLignoTech, Rayonier Advanced Material, and DomsjoFabriker.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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