North America Lignin Market Size & Outlook, 2022-2030
North America lignin market, 2018-2030 (US$M)
Related Markets
North America lignin market highlights
- The North America lignin market generated a revenue of USD 341.2 million in 2022.
- The market is expected to grow at a CAGR of 2.2% from 2023 to 2030.
- In terms of segment, ligno-sulphonates was the largest revenue generating product in 2022.
- Kraft lignin is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 341.2 million |
| Market revenue in 2030 | USD 405.1 million |
| Growth rate | 2.2% (CAGR from 2022 to 2030) |
| Largest segment | Ligno-sulphonates |
| Fastest growing segment | Kraft lignin |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 34.4% of the global lignin market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 257.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Lignin Market Scope
Lignin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 85.17% in 2022. Horizon Databook has segmented the North America lignin market based on ligno-sulphonates, kraft lignin, organosolv lignin covering the revenue growth of each sub-segment from 2018 to 2030.
The shifting trend among chemical manufacturers in the U.S. to use bio-based raw materials for their product offerings is expected to promote the use of bio-refineries and fuel the demand for lignin as a catalyst in the near future.
The growth of the construction industry in the U.S., Canada, and Mexico is expected to fuel the demand for concrete and cement which is expected to encourage manufacturers to increase their production capacities, subsequently driving the lignin market.
The higher grades of lignin including Kraft lignin, organosolv lignin, and high-purity lignin are expected to experience rapid growth in terms of volume, on account of a rising need for high-quality concrete admixtures, animal feed additives, and increasing use of biopolymers and bio-refineries. Extensive research and development by government institutes and companies for expanding industrial applications of lignin is expected to drive the overall lignin market.
Reasons to subscribe to North America lignin market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America lignin market databook
-
Our clientele includes a mix of lignin market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America lignin market , including forecasts for subscribers. This continent databook contains high-level insights into North America lignin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America lignin market size, by country, 2018-2030 (US$M)
North America Lignin Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
