Europe Lignin Market Size & Outlook, 2024-2030
Europe lignin market, 2018-2030 (US$M)
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Europe lignin market highlights
- The Europe lignin market generated a revenue of USD 508.7 million in 2024.
- The market is expected to grow at a CAGR of 4.4% 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.
- Country-wise, Spain is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 508.7 million |
| Market revenue in 2030 | USD 657.6 million |
| Growth rate | 4.4% (CAGR from 2025 to 2030) |
| Largest segment | Ligno-sulphonates |
| Fastest growing segment | Kraft |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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, Europe region accounted for 38.5% of the global lignin market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 78.8 million by 2030.
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Lignin Market Scope
Lignin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 81.07% in 2024. Horizon Databook has segmented the Europe lignin market based on ligno-sulphonates, kraft, organosolv, hydrolyzed, soda covering the revenue growth of each sub-segment from 2018 to 2030.
The European Commission passed the Renewable Energy Directive (RED), which mandated the production of 20% of EU energy from biomass by 2020. This policy augmented the production of biofuels, biopolymers, and other bio-based chemicals in the region. Chemical manufacturers, such as BASF, DSM, and Purace, have increased spending on the development of eco-friendly raw materials.
As a result, the lignin market in Europe is expected to foresee lignin’s growth as an intermediate for BTX and phenolic resins. In addition, REACH regulations restricting the transportation of synthetically derived chemicals are expected to have a positive impact on the lignin market over the forecast period. Kraft lignin held a volume share of 10.3%, emerging as the second-largest product segment in the European lignin market in 2022.
Kraft lignin is utilized in numerous applications including bitumen, cement additives, refinery, biofuel, BTX, high-grade lignin, activated carbon, carbon fibers, phenolic resins, and vanillin which further have widespread uses in automotive, construction, pharmaceuticals, and food & beverages industries. The growing demand for dust controllers to reduce air pollution during construction & building activities is expected to have a positive impact on lignin demand.
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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 continent-level data and insights on the Europe lignin market , including forecasts for subscribers. This continent databook contains high-level insights into Europe lignin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe lignin market size, by country, 2018-2030 (US$M)
Europe Lignin Market Outlook Share, 2024 & 2030 (US$M)
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