Global Lignin Market expected to grow at a CAGR of over 2.5% between 2017 and 2024

Global Lignin demand was slightly over 800-kilo tons in 2016 and is expected to grow at a CAGR of over 2.5% between 2017 and 2024. In terms of revenue, the global Lignin market was valued at USD 1.15 billion in 2016 and is expected to generate revenue more than USD 1.50 billion by end of 2024, growing at a CAGR of approximately 2.75% between 2017 and 2024. The global Lignin market was dominated by the lignosulfonates product segment with the largest share of the total market in 2016. With around one-third shares, concrete additives segment accounted for the largest share of the global Lignin market in 2016. Animal feed is expected to be one of the fastest growing application market Lignin. North America was leading regional segment in 2016 followed by Europe.

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The report titled “Global Lignin Market 2014 – 2024” from Eon Market Research provides a detailed analysis of precast industry on global, regional and country level. This report offers historical market size from 2014 to 2016 and forecast from 2017 to 2024. The report provides market size in terms of volume or value or both throughout the forecast period along with CAGR. Global Lignin Market report helps the readers to trace the key trend in the industry such as major demand drivers, restraints and to identify the future opportunities. It provides value chain analysis, Porter’s five forces analysis, and market attractiveness analysis to cover all the factors affecting this industry.

Global Lignin Market, by Product, 2014 – 2024

  • Lignosulfonates
  • Kraft lignin
  • Others

Global Lignin Market, by Application, 2014 – 2024

  • Concrete Additive
  • Animal Feed
  • Dye Stuff
  • Other

Global Lignin Market, by Region, 2014 – 2024

  • North America
    • S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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