France Lignin Market Size & Outlook, 2022-2030
France lignin market, 2018-2030 (US$M)
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France lignin market highlights
- The France lignin market generated a revenue of USD 40.5 million in 2022 and is expected to reach USD 53.1 million by 2030.
- The France market is expected to grow at a CAGR of 3.5% from 2023 to 2030.
- In terms of segment, ligno-sulphonates was the largest revenue generating product in 2022.
- Organosolv lignin is the most lucrative product segment registering the fastest growth during the forecast period.
Lignin market data book summary
| Market revenue in 2022 | USD 40.5 million |
| Market revenue in 2030 | USD 53.1 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Ligno-sulphonates |
| Fastest growing segment | Organosolv lignin |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ligno-sulphonates, Kraft lignin, Organosolv lignin |
| 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, France accounted for 4.1% of the global lignin market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany lignin market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 53.1 million by 2030.
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Lignin Market Scope
Lignin Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 85.93% in 2022. Horizon Databook has segmented the France lignin market based on ligno-sulphonates, kraft lignin, organosolv lignin covering the revenue growth of each sub-segment from 2018 to 2030.
Declining automobile production in France on account of high manufacturing cost and stagnant demand is expected to restrict the application of carbon fibers and other bio-based raw materials which likely to have a negative impact on the lignin market. Similarly, the growing penetration of starch manufacturers offering bio-polymers in France is expected to be a challenge for the lignin market.
Organosolv lignin is expected to witness rapid growth in terms of volume and revenue over the forecast period on account of its use as an intermediate in the manufacturing process of carbon fibers, concrete, dispersants, phenols, activated carbon, BTX, and vanillin. However, economic slowdown has impacted the construction and automotive industries, which, in turn, might hinder the market growth for lignin over the next seven years.
The demand for lignin is also expected to grow due to its use in natural fragrances and flavors. In addition, the presence of small manufacturers and suppliers offering foods, flavorings, spices, and cosmetics is expected to have a positive impact on the demand for lignin in aromatic applications in France.
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Horizon Databook provides a detailed overview of country-level data and insights on the France lignin market , including forecasts for subscribers. This country databook contains high-level insights into France lignin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France lignin market size, by product, 2018-2030 (US$M)
France Lignin Market Outlook Share, 2022 & 2030 (US$M)
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