Saudi Arabia Lignin Market Size & Outlook, 2022-2030
Saudi Arabia lignin market, 2018-2030 (US$M)
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Saudi Arabia lignin market highlights
- The Saudi Arabia lignin market generated a revenue of USD 21.0 million in 2022 and is expected to reach USD 26.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 2.8% 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 21.0 million |
| Market revenue in 2030 | USD 26.2 million |
| Growth rate | 2.8% (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, Saudi Arabia accounted for 2.1% 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 Middle East & Africa, Saudi Arabia lignin market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1.7 million by 2030.
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Lignin Market Scope
Lignin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 86.67% in 2022. Horizon Databook has segmented the Saudi Arabia lignin market based on ligno-sulphonates, kraft lignin, organosolv lignin covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Lignin Product Outlook (Revenue, USD Million, 2018-2030)
- Ligno-sulphonates
- Kraft lignin
- Organosolv lignin
- Others
- Saudi Arabia Lignin Application Outlook (Revenue, USD Million, 2018-2030)
- Macromolecules
- Aromatics
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Target buyers of Saudi Arabia lignin market databook
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Our clientele includes a mix of lignin market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 Saudi Arabia lignin market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia lignin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia lignin market size, by product, 2018-2030 (US$M)
Saudi Arabia Lignin Market Outlook Share, 2022 & 2030 (US$M)
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