Market revenue in 2024 | USD 332.5 million |
Market revenue in 2030 | USD 412.6 million |
Growth rate | 3.7% (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 |
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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 80.81% in 2024. Horizon Databook has segmented the U.S. lignin market based on ligno-sulphonates, kraft, organosolv, hydrolyzed, soda covering the revenue growth of each sub-segment from 2018 to 2030.
Growing automobile production in the U.S. on account of rising domestic consumption and new automobile launches is expected to promote the demand for lightweight materials such as carbon fibers. Automobile manufacturers such as Ford Motors are using bio-based lightweight materials in their offerings to reduce their carbon footprint and provide fuel economy benefits to customers.
Favorable regulations for promoting biopolymers in the U.S. and growing demand for bio-based automotive materials is expected to have a positive impact on the lignin market over the forecast period.
The lignin market in the U.S. is dominated by lignosulfonates in terms of volume and revenue, on account of growing demand for bio-based macromolecules and aromatics with widespread applications in automotive, construction, energy, pharmaceuticals, fragrances, and food & beverage industries. In addition, the provision of financial aid by the U.S. EPA to promote the adoption of biopolymers and biorefineries is expected to fuel lignin demand in the near future.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. lignin market , including forecasts for subscribers. This country databook contains high-level insights into U.S. lignin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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