Lignin Market - Global Industry Analysis and Forecast | 2023
Lignin Market was valued at US$ 782.3 Mn in 2014 and is anticipated to reach US$ 985.5 Mn by 2023, expanding at a CAGR of 2.7% from 2015 to 2023
Lignin Market was valued at US$ 782.3 Mn in 2014 and is anticipated to reach US$ 985.5 Mn by 2023, expanding at a CAGR of 2.7% from 2015 to 2023
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<strong>Lignin</strong> <strong>Market</strong><br />
REPORT DESCRIPTION<br />
<strong>Global</strong> <strong>Lignin</strong> <strong>Market</strong>: Snapshot<br />
The global lignin market is prophesied to draw a large number of end users due to various<br />
applications <strong>and</strong> key properties of the plant-derived polymer. The three typical usages of lignin,<br />
the second most abundant biological material after cellulose, could be as an additive, a<br />
dispersant, <strong>and</strong> a binder. Such valuable functional properties are expected to be significant for<br />
opening up a diverse range of niche applications. This could be a chief factor increasing the<br />
dem<strong>and</strong> in the global lignin market.<br />
The CAGR anticipated for the global lignin market is 2.7% for the forecast period 2015–<strong>2023</strong>. By<br />
the concluding forecast year, the global lignin market could earn a valuation of US$985.5 mn.<br />
Browse <strong>Market</strong> Research Report: http://www.transparencymarketresearch.com/ligninmarket.html<br />
Lignosulfonates Convert Construction <strong>and</strong> Building Growth into Rich Profit<br />
The world lignin market could see a classification based on product where lignosulfonates <strong>and</strong><br />
kraft lignin are sulfur bearing lignins <strong>and</strong> other lignins such as organosolv are sulfur free. It is<br />
important to note that sulfur bearing lignins are commercialized whereas sulfur-free lignins are<br />
not because of lack of industrial processes. The support from the advancing construction <strong>and</strong><br />
Transparency <strong>Market</strong> Research<br />
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