The Global Lignosulfonates Market size is expected to reach $1.4 billion by 2031, rising at a market growth of 3.5% CAGR during the forecast period. In the year 2023, the market attained a volume of 1,647.64 kilo tonnes, experiencing a growth of 21.0% (2020-2023).
European livestock producers have placed a greater emphasis on animal performance and welfare. Lignosulfonates offer various benefits in animal feed formulations, including improved pellet quality, enhanced digestibility, and reduced dustiness. Hence, these factors will boost the demand in the segment. Thus, the Europe region acquired 37% revenue share in the market 2023. In terms of volume, the Europe region is expected to utilize 738.04 kilo tonnes of Lignosulfonates by 2031.
Concrete admixtures are substances added to concrete during mixing to modify its properties. They can improve various characteristics such as workability, strength, durability, and setting time. With modern construction requirements becoming more demanding, there's a greater need to tailor concrete mixtures to meet specific project needs.
Additionally, R&D activities focus on improving the performance of lignosulfonate-based products in various applications. This may involve optimizing formulations to enhance properties such as dispersibility, solubility, stability, and compatibility with other additives or materials.
However, Lignosulfonate production often requires substantial energy and water inputs, contributing to its resource-intensive nature. The extraction and processing of lignin from wood pulp demands significant energy expenditures, increasing the production process's carbon footprint. Therefore, these factors will lead to decreased demand in the market.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.
European livestock producers have placed a greater emphasis on animal performance and welfare. Lignosulfonates offer various benefits in animal feed formulations, including improved pellet quality, enhanced digestibility, and reduced dustiness. Hence, these factors will boost the demand in the segment. Thus, the Europe region acquired 37% revenue share in the market 2023. In terms of volume, the Europe region is expected to utilize 738.04 kilo tonnes of Lignosulfonates by 2031.
Concrete admixtures are substances added to concrete during mixing to modify its properties. They can improve various characteristics such as workability, strength, durability, and setting time. With modern construction requirements becoming more demanding, there's a greater need to tailor concrete mixtures to meet specific project needs.
Additionally, R&D activities focus on improving the performance of lignosulfonate-based products in various applications. This may involve optimizing formulations to enhance properties such as dispersibility, solubility, stability, and compatibility with other additives or materials.
However, Lignosulfonate production often requires substantial energy and water inputs, contributing to its resource-intensive nature. The extraction and processing of lignin from wood pulp demands significant energy expenditures, increasing the production process's carbon footprint. Therefore, these factors will lead to decreased demand in the market.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.
Driving and Restraining Factors
Drivers- Surging demand for concrete admixtures
- Advancements in product development and innovation
- Rising adoption in agrochemicals and pesticides
- Environmental concerns and sustainability pressures
- Competition from alternative chemical additives
- Increasing use in dust control applications
- Growing demand in leather tanning industry
- Quality and performance variability
- Infrastructure and supply chain challenges
Type Outlook
Based on type, the market is segmented into sodium lignosulfonate, calcium lignosulfonate, magnesium lignosulfonate, and others. The sodium lignosulfonate segment held 42% revenue share in the market in 2023. In terms of volume the Sodium lignosulfonates segment is expected to attain a volume of 970.27 kilo tonnes by 2031. Sodium lignosulfonates find applications across diverse industries, including construction, agriculture, animal feed, and chemical processing.
Application Outlook
On the basis of application, the market is divided into oil well additives, concrete additives, animal feed binders, dust control, and others. In 2023, the animal feed binders segment witnessed 18% revenue share in the market. In terms of volume 440.37 kilo tonnes of lignosulfonates in animal feed binders’ application by 2031.Regional Outlook
By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The North America segment procured a considerable revenue share in the market in 2023. In terms of volume, the North America region is expected to utilize 511.04 kilo tonnes of lignosulfonates by 2031.List of Key Companies Profiled
- Tokyo Chemical Industry Co., Ltd.
- Sappi Limited
- Cardinal Chemicals Pvt. Ltd.
- Rayonier Advanced Materials, Inc.
- Domsjö Fabriker AB (Aditya Birla Group)
- Ingevity Corporation
- Burgo Group S.p.A. (BG Holding S.r.l.)
- The Dallas Group of America, Inc.
- Borregaard AS
- Abelin Polymers
Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)- Concrete Additives
- Oil Well Additives
- Animal Feed Binders
- Dust Control
- Others
- Sodium Lignosulfonate
- Calcium Lignosulfonate
- Magnesium Lignosulfonate
- Others
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Global Lignosulfonates Market by Application
Chapter 6. Global Lignosulfonates Market by Type
Chapter 7. Global Lignosulfonates Market by Region
Chapter 8. Company Profiles
Companies Mentioned
- Tokyo Chemical Industry Co., Ltd.
- Sappi Limited
- Cardinal Chemicals Pvt. Ltd.
- Rayonier Advanced Materials, Inc.
- Domsjö Fabriker AB (Aditya Birla Group)
- Ingevity Corporation
- Burgo Group S.p.A. (BG Holding S.r.l.)
- The Dallas Group of America, Inc.
- Borregaard AS
- Abelin Polymers
Methodology
LOADING...
