Transparency Market Research has released a new
market report titled “Lignosulfonates Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”
According to the report, the global lignosulfonates market was valued
at US$691.9 mn in 2015 and is anticipated to reach US$960.2 mn in
2024, expanding at a CAGR of 3.8% between 2016 and 2024.
Lignosulfonates are primarily recovered as byproducts
during paper manufacturing from red or brown liquor through the
sulfite pulping process. Commercially, lignosulfonates are available
in various product forms such as calcium lignosulfonate, sodium
lignosulfonate, and magnesium lignosulfonate. Sodium and calcium
lignosulfonates are highly preferred in numerous applications such as
concrete admixture, oil well additives, animal feed binder, dust
control, and others (tiles & bricks, etc.). Growth in downstream
industries that employ lignosulfonates is estimated to boost the
market for lignosulfonates during the forecast period.
This 206 page report gives readers a comprehensive
overview of the Lignosulfonates market. Browse Market Research Report
@
http://www.transparencymarketresearch.com/global-lignosulfonates-market.html
Sodium lignosulfonate was the largest product segment
of the global lignosulfonate market, accounting for more than 40%
share in 2015. Low cost and wide range of application are the key
reasons for the dominance of sodium lignosulfonate. Calcium
lignosulfonate was the second-largest product segment of the global
lignosulfonate market in 2015. The segment is projected to maintain
its position during the forecast period, considering the significant
demand from animal feed binder and oil well additives segments.
The construction industry is one of the major
consumers of lignosulfonates. Lignosulfonates are typically used as
concrete admixtures in the form of plasticizers and
superplasticizers. Increasing demand for water reducing chemicals in
the construction industry is likely to propel the global
lignosulfonates market in the next few years. Lignosulfonates are
used as water reducing chemicals and are preferred in high
temperature regions where concrete mixtures are prepared with reduced
water without altering the properties of concrete.
Animal feed binder was the largest segment of the
global lignosulfonates market, accounting for more than 35% share in
2015. It is likely to be the fastest-growing application segment from
2016 to 2024. Advantages such as improved palatability with reduced
waste and minimal segregation in the feed are expected to increase
the share of various lignosulfonates in the global animal feed binder
market. Oil well additives and dust control are some of the other key
applications that employ lignosulfonates. Lignosulfonates are
primarily used as cement slurry retardants in the oil & gas
industry. Significant increase in oil well exploration activities in
the OPEC countries is anticipated to propel the demand for
lignosulfonates in Middle East & Africa during the forecast
period.
Get accurate market forecast and analysis on the
Lignosulfonates market. Request a sample to stay abreast on the key
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The global lignosulfonates market is moderately
consolidated. Most manufacturers are expanding their global footprint
by strengthening their distribution channels in developing regions to
capture the untapped local markets. Key players in the
lignosulfonates market include Borregaard LignoTech, Tembec Inc.,
Sappi, Flambeau River Papers, NIPPON PAPER INDUSTRIES CO., LTD.,
Domsjö Fabriker AB, Burgo Group Spa, Green Agrochem, Shenyang
Xingzhenghe Chemical Co., Ltd., and Qingdao Newworld Material Co.,
Ltd.
The report segments the global lignosulfonates
market as follows:
Lignosulfonates Market - Product Analysis
- Calcium Lignosulfonate
- Sodium Lignosulfonate
- Magnesium Lignosulfonate
Lignosulfonates Market - Application Analysis
- Oil Well Additives
- Concrete Admixture
- Animal Feed Binder
- Dust Control
- Others (Including Tiles & Bricks, etc.)
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