Global Lignosulfonates Market is Expected to Reach US$ 924 Mn in 2023 : Transparency Market Research
Lignosulfonates Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2023
Lignosulfonates are the most commercial source of lignin that are available at a low cost. These are anionic polymers that are typically soluble in water and obtained as a byproduct during the sulfite process of paper pulping. Low cost and eco-friendly nature of lignosulfonates have increased popularity of lignosulfonates in numerous applications. Lignosulfonates are commercially available in various product forms such as calcium lignosulfonate, sodium lignosulfonate, and magnesium lignosulfonate. These are employed in applications such as oil well additives, concrete admixture, animal feed binder, dust control, and others (tiles & bricks, etc.). Growth in construction and animal feed industries is likely to drive demand for lignosulfonates during the forecast period. However, availability of various application-specific substitutes is projected to hinder growth of the market in the next eight years. In spite of this, high demand for lignosulfonates in oil well additives from countries in the Middle East is anticipated offer immense opportunities to lignosulfonate manufacturers during the forecast period.
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This report analyzes and forecasts the market for lignosulfonates at the global and regional level. The market has been forecast based on volume (kilo tons) and revenue (US$ Mn) from 2015 to 2023, considering 2014 as the base year. The study includes drivers and restraints of the global lignosulfonates market. It also covers impact of these drivers and restraints on demand for lignosulfonates during the forecast period. The report also highlights opportunities in the lignosulfonates market at the global and regional level.
The report includes a detailed value chain analysis, which provides a comprehensive view of the global lignosulfonates market. Porter’s Five Forces Model for the lignosulfonates market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications are benchmarked based on their market size, growth rate, and general attractiveness.
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The study provides a decisive view of the global lignosulfonates market by segmenting it in terms of products such as calcium lignosulfonate, sodium lignosulfonate, and magnesium lignosulfonate that are used in applications such as oil well additives, concrete admixture, animal feed binder, dust control, and others (including tiles & bricks). These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report also covers demand for individual products and applications in all regions.
The report provides the estimated market size of lignosulfonates for 2015 and forecast for the next eight years. The global market size of lignosulfonates is provided in terms of both volume and revenue. Market volume is defined in kilo tons, while market revenue is in US$ Mn. Market numbers are estimated based on key product and applications of lignosulfonates. Market size and forecast for products and applications are provided in terms of global and regional markets.
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
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Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, TPE magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
The report comprises profiles of major companies operating in the global lignosulfonates market. Key players profiled in the report include Borregaard LignoTech, Tembec Inc., Sappi, Flambeau River Papers, NIPPON PAPER INDUSTRIES CO., LTD., Domsjö Fabriker AB, Burgo Group Spa, Green Agrochem, Shenyang Xingzhenghe Chemical Co., Ltd., and Qingdao Newworld Material Co. Ltd. Market players are profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The report segments the global lignosulfonates market as follows:
Lignosulfonates Market - Product Analysis
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