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Lignin Market Share
- Report ID: GMI181
- Published Date: Jan 2023
- Report Format: PDF
Lignin Market Share
The lignin market is inclusive of leading players like
- Stora Enso Oyj
- Sumitomo Bakelite Co., Ltd
- Borregaard LignoTech
- Toray
- Teijin
- Rayonier Advanced Materials
- Domsjo Fabriker AB (Aditya Birla)
- Domtar Corporation
Companies are expanding their manufacturing capacity to meet the demand for sustainable products from various end-users.
Frequently Asked Questions (FAQ) :
The market size of lignin was worth USD 836.8 million in 2023 and is projected to record a 6% CAGR from 2024 to 2032.
Low-purity lignin segment is estimated to record a 6% CAGR between 2023 to 2032 owing to high preference for biomass consumption & favorable regulations in the U.S.
Asia Pacific lignin market is forecasted to be valued at over USD 60 million by 2032 due to increasing requirement for bio-based materials across various end-user industries.
Stora Enso Oyj, Sumitomo Bakelite Co., Ltd, Borregaard LignoTech, Rayonier Advanced Materials, Domsjo Fabriker AB (Aditya Birla), and Domtar Corporation are some of the leading manufactures of lignin.
Lignin Market Scope
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