Lignin Waste Market: Overview
Lignin is an organic aromatic substance that helps in the binding of the fibers, cells, and vessels of wood; it helps the plant to achieve its physical arrangement as it is a highly phenolic polymer. After cellulose, lignin is the most common renewable source that is available on the earth. Lignin is an antioxidant that occurs naturally and helps in trapping the free radicals and absorbing the UV radiations.
Lignin Waste Market: Facts
Lignin is considered as a waste product in the ethanol and biomass production. But the researchers at the University of Borås have come up with innovative methods that will extract and refine the lignin for its use in the development of the new products such as the bio-oil.
Lignin Waste Market: Segmentation
The global market for the lignin waste is fragmented into the product type and application. Based on the type of the product, the global market is segregated into lignosulphonate, kraft lignin, organosolv lignin, and others. Based on the applications, the market is categorized into concrete additives, animal stuff, absorbents, dyestuff, cosmetics, and others.
Lignin Waste Market: Growth Factors
The market for the lignin waste is growing owing to the rise in the concerns that are associated with value-added product development. In order to make use of the lignin, it is essential that the lignin is soluble in the water and after it is modified chemically, the lignin product that is obtained is lignin-sulphonate which is used extensively in the dispersant applications and the binders and adhesive applications. The prime end-user industries where the lignin products are used include mining, cosmetics, construction, and in animal feeds. The lignin is used widely in the commercial applications such as fertilizers binders, pesticides, and fertilizer resins owing to its low cost and it is the primary source of the carbon these factors propel the growth of the market. While the market is growing at a good pace there are challenges being faced by the lignin manufacturers as lignin is the most ignored by product. Other factors that are limiting the growth of the market are the inconsistency in the end product of the lignin and the inadequate research and development activities.
Lignin Waste Market: Regional Analysis
North America dominates the lignin market owing to the factor that there is a significant share of the lignosulphonate products. The regions that are following the North America are Eastern Europe, Latin America, and Asia Pacific regions. In the Asia Pacific region, the market will grow at a significant rate owing to the availability of the several product varieties of lignin.
Lignin Waste Market: Competitive Players
The key market players that are involved in the lignin waste market include Changzhou Shanfeng Chemical Industry Co. Ltd., Asian Lignin Manufacturing Pvt. Ltd., Domtar Corporation, Green Value, Liquid Lignin Company LLC, Nippon Paper Industries Co. Ltd., Northway Lignin Chemical, Aditya Birla Chemicals, Borregaard LignotTech, Lignol Energy Corporation, Guangdong Jiangmen Ganhua Co. Ltd., MeadWestvaco (MWV), Tembec Inc., and The Dallas Group of America.
Lignin Waste Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
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