Decision Databases Announces Growth Drivers to the Lignin Market

Mumbai, India, July 07, 2015 --(PR.com)-- The global lignin market is expected to reach to 1,323.1 kilotons by 2021. Global lignin market is emerging with a growth due to increasing awareness for environmental protection and shift from conventional to renewable products. Lignin is one of the major renewable carbon sources after cellulose and it is the only recognized natural biological aromatic polymer. Based on purity, lignin is categorized as low purity lignin, lignosulphonates (lignosulfonates), kraft lignin, organosolv lignin, and high-grade lignin respectively. These lignins are primarily categorized in two divisions such as sulphur bearing and sulphur-free. Lignin produces useful by-products such as vanillin, resins, phenol, carbon fibers and biofuels after degradation.

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Lignosulphonate holds maximum share, of the total production in the global lignin market. Geographically, North America and Europe account for the highest production volume. Lignin market is relatively niche being at the beginning of the industry curve. The market witnessed technological advancements with increasing investments in R&D and collaborations among various players for sustainable developments.

There are many present and potential applications of lignin. The major applications covered in the market report are based on their present commercial availability and usage. Concrete additives, animal feed and dyestuff are the major applications of the lignin market. The emerging applications are fertilizers, pesticides, thermoplastics, inks, varnishes and paints.

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This report study covered top company profiles, such as Borregaard LignoTech (Norway), Tembec Inc. (U.S.), MeadWestvaco Corporation (U.S.) & Domtar Corporation (U.S.), etc. According to report key finding, most of the top companies are manufacturing lignosulphonate.

The report is segmented based on products and application for study purpose:
Global Lignin Market By Products:
· Lignosulphonate (Lignosulfonate)
· Kraft Lignin
· Others (Including Organosolv, etc.)
Global Lignin Market By Applications:
· Concrete Additives
· Animal Feed
· Dyestuff
· Others (Including Fertilizers, Pesticides, Thermoplastic Polymers, Binders & Resins, Inks, Varnishes & Paints, etc.)

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