Canada Lignin Market Size & Outlook, 2024-2030
Canada lignin market, 2018-2030 (US$M)
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Canada lignin market highlights
- The Canada lignin market generated a revenue of USD 69.4 million in 2024 and is expected to reach USD 88.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.2% from 2025 to 2030.
- In terms of segment, ligno-sulphonates was the largest revenue generating product in 2024.
- Kraft is the most lucrative product segment registering the fastest growth during the forecast period.
Lignin market data book summary
| Market revenue in 2024 | USD 69.4 million |
| Market revenue in 2030 | USD 88.9 million |
| Growth rate | 4.2% (CAGR from 2025 to 2030) |
| Largest segment | Ligno-sulphonates |
| Fastest growing segment | Kraft |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ligno-sulphonates, Kraft, Organosolv, Hydrolyzed, Soda |
| Key market players worldwide | Stora Enso Oyj ADR, West Fraser Timber Co.Ltd, UPM-Kymmene Oyj, Borregaard ASA, Rayonier Advanced Materials Inc, Aditya Birla Group, Nippon Paper Industries Co Ltd, Valmet Corp, Metsä Group, Sweetwater Energy, Domtar, The Dallas Group of America, Burgo Group |
Other key industry trends
- In terms of revenue, Canada accounted for 5.3% of the global lignin market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. lignin market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 42.5 million by 2030.
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Lignin Market Scope
Lignin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada lignin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lignin market will help companies and investors design strategic landscapes.
Ligno-sulphonates was the largest segment with a revenue share of 80.98% in 2024. Horizon Databook has segmented the Canada lignin market based on ligno-sulphonates, kraft, organosolv, hydrolyzed, soda covering the revenue growth of each sub-segment from 2018 to 2030.
The Canadian government and other organizations have developed various regulations and incentives to encourage the use of sustainable products. Environmental issues, such as the unequal distribution of environmental hazards and the disproportionate impacts of climate change on marginalized communities, are a pressing issue in Canada.
Addressing these issues is critical to building a sustainable and equitable future for all which is promoting the demand for sustainable products. These efforts help promote green building practices and support a more sustainable future for Canada. As a result, with the increasing awareness regarding sustainable products, the demand for lignin is expected to grow over the forecast period.
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Our clientele includes a mix of lignin market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada lignin market , including forecasts for subscribers. This country databook contains high-level insights into Canada lignin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada lignin market size, by product, 2018-2030 (US$M)
Canada Lignin Market Outlook Share, 2024 & 2030 (US$M)
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