The global lignin market is highlyconsolidated in nature, finds Transparency Market Research. New players mayfind lignin market quite difficult to crack owing to the intense entrybarriers. This is because a few large players dominate the global ligninmarket. Top players enjoy a stronghold over the market and together theyaccount for a substantial share in the global lignin market. Owing totheir high market hold, even mid-sized players find it difficult to cope upwith constantly reshaping of the market dynamics. Some of the prominent playersoperating in the global lignin market are Domtar Corporation, BorregaardLignoTech. Tembec, Inc., MeadWestcavo Corporation, and Domsjö Fabriker AB.
Accordingto a business intelligence report by TMR, the global lignin market is expected torise at a lackluster 2.75% CAGR from 2015 to 2023. The market is expected toattain a valuation of US$985.5 mn by 2023-end. Analysts evaluated the globallignin market at US$782.3 mn in 2014.
On thebasis of application, the concrete additive segment is likely to dominate theglobal lignin market during the forecast period. This is because of theincreasing application of lignin in the construction industries acrossworldwide. Region wise Asia Pacific is has been a key contributor to the globallignin market. This is likely to continue in the forecast period as well. Thisis mainly due to booming industrialization and urbanization in countries likeChina and India in the region.
Request Sample
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1460
Advantages of Dust Control onVarious Mode of Transport to Drive Global Lignin Market
Lignin iswidely used as a concrete admixture in building and construction industry. Thisis because it offers high performance, enhanced strength and minimizes damagefor external wall due to bad climatic conditions. A spur in construction activitiesacross the globe is a strong factor likely to boost the global lignin market inthe forecast years. Apart from this rising development activity in publicinfrastructure such as roads, railways and transportation modes is anotherfactor projected to drive the global lignin market. In addition to this,the increasing use of lignin in binders, adhesives, and concrete admixtures isconsidered as the key factor that is expected to encourage the growth of theglobal lignin market in the next few years. Moreover, rising application oflignin owing to its dust control properties is another key aspect bolsteringthe global lignin market over the next few years.
More Trending Reports
Hazardous Impact of Lignin onEnvironment to Hamper Growth
On the flipside, the negative impact of lignin production on human health as well asenvironment is a major factor likely to restraint the growth in the globallignin market. Nonetheless, top players in the lignin market are payingemphasis on introduction of bio based product so as overcome the challenge. Thefavorable government regulation on the use of bio base lignin is expected todrive the global lignin market in the coming years. Apart from this, theresearchers are also working on the invention of better production techniques. This is predicted to have a positive influence on the expansion of theglobal lignin market in future.
BuyNow
https://www.transparencymarketresearch.com/checkout.php?rep_id=1460<ype=S
AboutUs
Transparency Market Research is a next-generationmarket intelligence provider, offering fact-based solutions to businessleaders, consultants, and strategy professionals.
Our reports are single-point solutions for businessesto grow, evolve, and mature. Our real-time data collection methods along withability to track more than one million high growth niche products are alignedwith your aims. The detailed and proprietary statistical models used by ouranalysts offer insights for making right decision in the shortest span of time.For organizations that require specific but comprehensive information we offercustomized solutions through adhoc reports. These requests are delivered withthe perfect combination of rightsense of fact-oriented problem solving methodologies and leveraging existingdata repositories.
TMR believes that unison of solutions for clients-specificproblems with right methodology of research is the key to help enterprisesreach right decision.
US Office Contact
90 State Street, Suit e700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
