Mexico Lignin Market Size & Outlook, 2024-2030
Mexico lignin market, 2018-2030 (US$M)
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Mexico lignin market highlights
- The Mexico lignin market generated a revenue of USD 31.8 million in 2024 and is expected to reach USD 42.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5% 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 31.8 million |
| Market revenue in 2030 | USD 42.5 million |
| Growth rate | 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 |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.4% 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 |
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Mexico 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 81.45% in 2024. Horizon Databook has segmented the Mexico lignin market based on ligno-sulphonates, kraft, organosolv, hydrolyzed, soda covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is a major producer of timber and pulp. As a result, there is a significant amount of lignin available as a byproduct of these industries, which could be used as a feedstock for various bio-based products. There is a growing need to shift to more sustainable and eco-friendly materials in Mexico.
This has led to increased adoption of lignin-based products as an alternative to traditional petroleum-based materials. Lignin is a natural, biodegradable polymer that is derived from renewable resources, making it an attractive option for environmentally conscious consumers. There are several instances of the increasing demand for lignin-based products in Mexico.
For example, in 2021, the Mexican paper and pulp company, Bio-Pappel, announced to invest in a new lignin production plant, which will allow it to produce lignin-based materials for a variety of applications. In addition, the government has launched several initiatives to promote the use of renewable resources, such as lignin, in various industries.
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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 Mexico lignin market , including forecasts for subscribers. This country databook contains high-level insights into Mexico lignin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico lignin market size, by product, 2018-2030 (US$M)
Mexico Lignin Market Outlook Share, 2024 & 2030 (US$M)
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