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Showing posts with the label Lignin Market 2030

Lignin Market Estimated At USD 1.47 Billion By 2030

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  San Francisco, 22 Jan 2024:  The Report  Lignin Market  Size, Share & Trend Analysis Report By Product (Lingosulfonates, Kraft Lignin, Organosolv Lignin, Others), By Application, By Region, And Segment Forecasts, 2024 - 2030 The global lignin market size is expected to reach USD 1.47 billion by 2030, registering a CAGR of 4.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The product is widely utilized in the production of macromolecules used in the development of bitumen, biofuels, and bio-refinery catalysts. This factor is likely to support market growth. Growing demand for concrete admixtures and adhesives and binders coupled with increasing investments in infrastructure development is expected to fuel market growth. Lignin is a complex polymer of aromatic alcohols which is derived from wood and is an integral part of the secondary cell walls of trees in the form of timber and lumber. Global timber harvest has increased by 60% over the last four dec

Lignin Market Size To Hit USD 1.47 Billion By 2030

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  San Francisco, 28 June 2023:  The Report   Lignin Market  Size, Share & Trends Analysis Report By Product (Lingo-sulfonates, Kraft Lignin, Organosolv Lignin, Others), By Application, By Region, And Segment Forecasts, 2023 - 2030 The global lignin market size is expected to reach USD 1.47 billion by 2030, registering a CAGR of 4.9% according to a new report by Grand View Research, Inc. The product is widely utilized in the production of macromolecules used in the development of bitumen, biofuels, and bio-refinery catalysts. This factor is likely to support market growth. Growing demand for concrete admixtures and adhesives and binders coupled with increasing investments in infrastructure development is expected to fuel market growth. Lignin is a complex polymer of aromatic alcohols which is derived from wood and is an integral part of the secondary cell walls of trees in the form of timber and lumber. Global timber harvest has increased by 60% over the last four decades and is ant