Market revenue in 2024 | USD 47.7 million |
Market revenue in 2030 | USD 62.0 million |
Growth rate | 4.5% (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 |
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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 81.55% in 2024. Horizon Databook has segmented the Italy lignin market based on ligno-sulphonates, kraft, organosolv, hydrolyzed, soda covering the revenue growth of each sub-segment from 2018 to 2030.
In recent years, there has been a growing interest in utilizing lignin as a sustainable and renewable alternative to fossil-fuel-based materials, particularly in manufacturing chemicals, materials, and fuels. Italy, as a country that values sustainability and eco-friendly practices, has seen a growing market for lignin due to several reasons.
The government has been supporting the development of a bio economy, which includes the use of renewable resources, such as lignin, in the production of chemicals, materials, and fuels. The government has been providing funding to companies that are working to develop new lignin-based products and technologies.
A chemicals company named Versalis is taking advantage of the growing market for lignin in Italy. Versalis has developed a lignin-based adhesive that can be used in the production of wood-based panels, such as particleboard and plywood. This adhesive is extracted from the wood chips produced by the pulp and paper industry. By using lignin as a substitute for fossil-fuel-based adhesives, Versalis is able to reduce the environmental ecological impact of wood-based panels.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy lignin market , including forecasts for subscribers. This country databook contains high-level insights into Italy lignin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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