Market revenue in 2024 | USD 24.6 million |
Market revenue in 2030 | USD 31.8 million |
Growth rate | 4.4% (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 81.71% in 2024. Horizon Databook has segmented the Japan lignin market based on ligno-sulphonates, kraft, organosolv, hydrolyzed, soda covering the revenue growth of each sub-segment from 2018 to 2030.
China has emerged as one of the largest economies in the world over the past few years and the trend is anticipated to continue over the forecast period. The presence of a large chemicals manufacturing base has resulted in the establishment of lignin over the past few years. Technology upgrades and extensive R&D for lignin is expected to expand the market in China over the forecast period.
Growing demand for bitumen, vanillin, phenols, and activated carbon is also expected to drive demand for lignin over the next seven years. In addition, the growing demand for dust collectors is expected to fuel market growth. Rising consumer awareness regarding the benefits of adding lignin to animal feed along with its demand in meat and dairy products is expected to drive the lignin market over the forecast period.
China’s construction industry is one the biggest drivers for its economy; the growing demand for dust controllers and high-quality concrete admixtures is expected to have a positive impact on lignin demand. However, the construction sector is expected to grow at a slower pace, which might impact the product demand for concrete, binders, and adhesives manufacturing.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan lignin market , including forecasts for subscribers. This country databook contains high-level insights into Japan lignin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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