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The size of the worldwide lignin market is estimated to reach USD 1.07 billion in 2022 and to grow at a CAGR of 5.9% from 2023 to 2030. With the growing popularity of natural products and animal feed, the need for lignin is anticipated to increase. Common applications for the product include the production of the macromolecules required for the production of bitumen, biofuels, and catalysts for bio-refineries. This factor is likely to promote market expansion. COVID-19 had a detrimental effect on the market. This resulted from the companies and plants closing due to the lockdown and restrictions. The issues facing the sector were exacerbated by disruptions in the transportation and supply channels. In other words, disruptions in the trade, logistical, and consumer demand chains as well as the supply chain for raw materials caused a backlash in the business.
Lignin is a complex organic polymer that is an essential part of plant cell walls. It is one of the fundamental components of wood and provides plants with the structural stability they need to stand upright. In recent years, interest in using lignin as a potential renewable resource for a variety of uses has increased. It can serve as a source of value-added products such lignin-based composites and adhesives, a starting point for the production of bio-based chemicals and materials, and a feedstock for biofuel. Carbon nanofibers made from lignin are used to create lightweight structural composites for automobiles and practical applications like electromagnetic shielding. Lignin consumption reduces carbon footprint as more companies employ renewable resources in their manufacturing processes.
Lignin is a by-product of lignocellosic bio-refineries and is used as a renewable raw material in a variety of industrial applications. Lignin, a major renewable source for the chemical industry, is the second most prevalent and bulky plant-derived polymer. Lignin is in charge of permitting plants to grow straight by keeping them from collapsing during growth.
The main structural element of the supporting tissues of vascular plants and algae is lignin, a group of organic polymers. They are particularly crucial for the formation of wood and bark's cell walls. A phenolic cross-linked polymer with a molecular mass more than 10,000 unified amu, lignins are. It is hydrophobic in nature and contains a lot of aromatic subunits. Growing demand for lignin in animal feed is predicted to boost the market because of its nutritional value. It is employed in the production of macromolecules necessary for the production of bitumen, catalysts for bio-refineries, and biofuels, and is expected to aid in the market's expansion. In addition, it is projected that increasing demand for adhesives, binders, and concrete admixtures in infrastructure will fuel market growth.
Wood and its byproducts are processed conventionally to produce lignin, cellulose, and sweet liquor by combining a specific group of chemicals. This process includes the processing of biomass derived from all plant sources, including hardwood, softwood, sawdust, low-grade wood chips, and hemp. Extraction of lignin from black liquor is one of the simplest techniques to ensure that the capacity of the boiler does not interfere with pulp output.
Report Coverage
Global Lignin research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Lignin report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Lignin competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Lignin market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Lignin market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Lignin market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
De Rigo Vision S.p.A. (Italy), Essilor (france), Fielmann (Germany), Lanvin (France), Marchon Eyewear, Inc. (US), Marcolin SpA. (Italy), Maui Jim (US), Safilo Group S.p.A. (Italy), Alexander McQueen (UK), Michael Kors (US), Pivothead (US), Specsavers (Guernsey), FASTRACK LTD. (India), CHARMANT Group (US), Kyboe. (US), Procter & Gamble (US), Estée Lauder Inc (US), THE AVON COMPANY (UK), HOYA Corporation (Japan) and Shanghai Conant Optics Co., Ltd (China)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Lignin market based on the below-mentioned segments:
Global Lignin Market, By Product
Lingosulfonates
Kraft Lignin
Organosolv Lignin
Hydrolyzed Lignin
SODA Lignin
Others
Global Lignin market, By Application
Construction Material
Transportation Fuel
Biopolymer
Bio-asphalt
Resins & Glues
Dispersants
Carbon Fiber & Bio-based Carbons
Others
Global Lignin market, Regional Analysis
Lignin is a complex organic polymer that is an essential part of plant cell walls. It is one of the fundamental components of wood and provides plants with the structural stability they need to stand upright. In recent years, interest in using lignin as a potential renewable resource for a variety of uses has increased. It can serve as a source of value-added products such lignin-based composites and adhesives, a starting point for the production of bio-based chemicals and materials, and a feedstock for biofuel. Carbon nanofibers made from lignin are used to create lightweight structural composites for automobiles and practical applications like electromagnetic shielding. Lignin consumption reduces carbon footprint as more companies employ renewable resources in their manufacturing processes.
Lignin is a by-product of lignocellosic bio-refineries and is used as a renewable raw material in a variety of industrial applications. Lignin, a major renewable source for the chemical industry, is the second most prevalent and bulky plant-derived polymer. Lignin is in charge of permitting plants to grow straight by keeping them from collapsing during growth.
The main structural element of the supporting tissues of vascular plants and algae is lignin, a group of organic polymers. They are particularly crucial for the formation of wood and bark's cell walls. A phenolic cross-linked polymer with a molecular mass more than 10,000 unified amu, lignins are. It is hydrophobic in nature and contains a lot of aromatic subunits. Growing demand for lignin in animal feed is predicted to boost the market because of its nutritional value. It is employed in the production of macromolecules necessary for the production of bitumen, catalysts for bio-refineries, and biofuels, and is expected to aid in the market's expansion. In addition, it is projected that increasing demand for adhesives, binders, and concrete admixtures in infrastructure will fuel market growth.
Wood and its byproducts are processed conventionally to produce lignin, cellulose, and sweet liquor by combining a specific group of chemicals. This process includes the processing of biomass derived from all plant sources, including hardwood, softwood, sawdust, low-grade wood chips, and hemp. Extraction of lignin from black liquor is one of the simplest techniques to ensure that the capacity of the boiler does not interfere with pulp output.
Report Coverage
Global Lignin research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Lignin report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Lignin competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Lignin market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | De Rigo Vision S.p.A. (Italy), Essilor (france), Fielmann (Germany), Lanvin (France), Marchon Eyewear, Inc. (US), Marcolin SpA. (Italy), Maui Jim (US), Safilo Group S.p.A. (Italy), Alexander McQueen (UK), Michael Kors (US), Pivothead (US), Specsavers (Guernsey), FASTRACK LTD. (India), CHARMANT Group (US), Kyboe. (US), Procter & Gamble (US), Estée Lauder Inc (US), THE AVON COMPANY (UK), HOYA Corporation (Japan) and Shanghai Conant Optics Co., Ltd (China) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Lignin Market from 2021 to 2030.
- Market Forecast for Lignin Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Lignin competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Lignin
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Lignin market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Lignin market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
De Rigo Vision S.p.A. (Italy), Essilor (france), Fielmann (Germany), Lanvin (France), Marchon Eyewear, Inc. (US), Marcolin SpA. (Italy), Maui Jim (US), Safilo Group S.p.A. (Italy), Alexander McQueen (UK), Michael Kors (US), Pivothead (US), Specsavers (Guernsey), FASTRACK LTD. (India), CHARMANT Group (US), Kyboe. (US), Procter & Gamble (US), Estée Lauder Inc (US), THE AVON COMPANY (UK), HOYA Corporation (Japan) and Shanghai Conant Optics Co., Ltd (China)
Primary Target Market
- Market Players of Lignin
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Lignin market based on the below-mentioned segments:
Global Lignin Market, By Product
Lingosulfonates
Kraft Lignin
Organosolv Lignin
Hydrolyzed Lignin
SODA Lignin
Others
Global Lignin market, By Application
Construction Material
Transportation Fuel
Biopolymer
Bio-asphalt
Resins & Glues
Dispersants
Carbon Fiber & Bio-based Carbons
Others
Global Lignin market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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