DUBLIN, October 18, 2017 /PRNewswire/ --
The "Global Lignin Products Market 2017-2021" report has been added to Research and Markets' offering.
The global lignin products market to grow at a CAGR of 4.43% during the period 2017-2021.
Global Lignin Products Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The latest trend gaining momentum in the market is Increasing application of lignin in newer applications.
According to the report, one of the major drivers for this market is Rising demand for lignin in dust control. Lignin is a naturally occurring polymer that is found in wood. Lignins are increasingly used on roads for surface stabilization and as a method for dust control. The lignin road products are extracted from lignin, which binds cellulose fibers together to provide structure to the trees and plants. Lignosulfonates are used as a dust suppressant, for which the roads are re-crowned with a grader. These are used on unpaved roads to lessen environmental concerns from airborne dust particles and to stabilize the road surface.
Further, the report states that one of the major factors hindering the growth of this market is Increase in manufacturing costs. The increase in the cost of raw materials, particularly Kraft lignin and lignosulfonates, which are increasingly used in the production of corrugated boxes, is one of the major challenges for the global lignin products market. Kraft paper accounts for approximately 75% of the total input cost for the manufacture of corrugated boxes.
Key Market Trends
- Increasing application of lignin in newer applications
- Sustainability and technological innovation
- Increasing R&D in lignin market
- Borregaard LignoTech
- Changzhou Shanfeng Chemical Industry
- Rayonier Advanced Materials
Other prominent vendors
- Aditya Birla Management Corporation
- Asian Lignin Manufacturing
- Dallas Group of America
- Jiangmen Sugarcane Chemical Factory
- Liquid Lignin
- NIPPON PAPER INDUSTRIES
Key Topics Covered:
- Executive Summary
- Scope Of The Report
- Research Methodology
- Market Landscape
- Market Segmentation By Type
- Market Segmentation By Application
- Geographical Segmentation
- Decision Framework
- Drivers And Challenges
- Market Trends
- Vendor Landscape
- Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/tfl4rl/global_lignin
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SOURCE Research and Markets