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| Lignin Market |
The Lignin Market is expected to undergo a CAGR of 3.60% during the forecast period. This indicates that the market value, which was USD 2.17 billion in 2021, would rocket up to USD 2.88 billion by 2029. “Lignuosulfonate” dominates the product type segment of the lignin market owing to the high usage of lignin in by the gas industry to control mud viscosity in deep oil well drilling and in the preparation of smooth clay slips for ceramics.
Lignin is highly complex chemical in nature and is
responsible for binding cellulose fibre in certain plants. Lignin is majorly
used as a by-product by the paper industry. Green Value SA (US), LENZING AG
(Austria), Northway Lignin Chemical (Canada), Tembec (Canada), Innventia
(Sweden) and WestRock Company (US) are the major players operating in this
market.
Get the Sample Report@
https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-lignin-market
Some of the major
players operating in the lignin market are:
- Borregaard
LignoTech (US)
- Rayonier
Advanced Materials (US)
- Domtar
Corporation (US)
- Domsjo
Fabriker (Sweden)
- Stora
Enoo Oyj (Finland)
- Burgo
Group Spa (Italy)
- The
Dallas Group of America (US)
Global Lignin Market Scope
Source
- Kraft
Pulping
- Sulphite
Pulping
- Cellulosic
Ethanol
Product type
- Lignuosulfonate
- Kraft
Lignin
- BTX
- Other
Product Types
Application
- Activated
Carbon
- Animal
Feed
- Carbon
Fires
- Bonding
Agent
- Other
Applications
Get More Information@
https://www.databridgemarketresearch.com/reports/global-lignin-market
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