Spain Lignin Market Size & Outlook, 2024-2030
Spain lignin market, 2018-2030 (US$M)
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Spain lignin market highlights
- The Spain lignin market generated a revenue of USD 53.4 million in 2024 and is expected to reach USD 70.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.7% 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 53.4 million |
| Market revenue in 2030 | USD 70.2 million |
| Growth rate | 4.7% (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, Spain accounted for 4.0% 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 Europe, Germany lignin market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 70.2 million by 2030.
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Lignin Market Scope
Lignin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain 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 81.65% in 2024. Horizon Databook has segmented the Spain lignin market based on ligno-sulphonates, kraft, organosolv, hydrolyzed, soda covering the revenue growth of each sub-segment from 2018 to 2030.
Spain has a well-established pulp and paper industry, which generates a large amount of lignin as a byproduct that can be utilized in various applications. In addition to traditional uses such as fuel and adhesives, lignin is being used as a natural surfactant in cleaning products and as a natural pesticide.
The government is committed to the development of a bio economy and has provided funding and incentives to support the growth of the same. The government's bio economy strategy includes initiatives to promote the use of renewable raw materials, including lignin, and to support the development of new lignin-based products and technologies.
There are several manufacturers available in the market; one of them is CelluForce, a joint venture between FPInnovations and Grupo Empresarial ENCE. CelluForce produces cellulose nanocrystals (CNC) from wood pulp, a sustainable and renewable resource. One of the byproducts of this production process is lignin, which is recovered and sold as a renewable alternative to fossil-fuel-based materials. The company is exploring the use of lignin in various applications, such as composites and plastics.
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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 Spain lignin market , including forecasts for subscribers. This country databook contains high-level insights into Spain lignin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain lignin market size, by product, 2018-2030 (US$M)
Spain Lignin Market Outlook Share, 2024 & 2030 (US$M)
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