Lignosulfonates in Focus: Key Applications in Concrete, Animal Feed, and Dust Control Propel Market Growth
The Lignosulfonates industry is projected to grow from USD 1.2 billion in 2022 to USD 1.4 billion by 2027, at a CAGR of 3.6% from 2022 to 2027. Increasing infrastructural activities for sustainable growth and demand from the agriculture industry is expected to drive the nanocellulose market.
Lignosulfonates are natural polymers derived from the lignin found in wood, which are obtained through the sulfite pulping process in paper production. They are used as additives in various applications, including concrete admixtures, agriculture (as soil conditioners), and in the manufacturing of adhesives and dust suppressants. Lignosulfonates are valued for their binding properties, ability to improve material flow, and their environmentally friendly nature due to their renewable source.
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Based on product, the sodium lignosulfonate segment is projected to be the fastest-growing segment during 2022 to 2027. It is employed as cement water reducing agent. It has great demand in the construction industry and agriculture industry.
Based on application, the oil well additives segment is projected to be the fastest-growing segment during 2022 to 2027. Lignosulfonate has unique structure and properties and serves different roles in the oil-well drilling industry. Lignosulfonate is used in oil-well drilling fluids as thinning agents, thickening agents, clay stabilizers, fluid loss control agents, and other applications.
Based on region, Asia Pacific is projected to be the fastest-growing market for lignosulfonates during the forecast period. The region is making continuous effort to increase the living standard and focusing on urbanization which is driving the growth of the lignosulfonate market in the region. Most of the demand for lignosulfonate is from the region’s construction and petrochemical industries.
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The major players operating in the lignosulfonates market include Borregaard (Norway), Rayonier Advanced Materials (US), Sappi Limited (South Africa), Domsjo Fabriker (Sweden), Nippon Paper Industries Co., Ltd. (Japan), Ingevity (US), Burgo Group (Italy), Dallas Group of America, Inc. (US), Green Agrochem (China), Tokyo Chemical Industry (Japan), Tianjin Yeats Additive Co., Ltd. (China) Shenyang Xingzhenghe Chemical Co., Ltd. (China), Cardinal Chemicals Pvt Ltd. (India), Abelin Polymers (India), Henan Yulin Chemical Co., Ltd. (China) and others.
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