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The report on the Global Kraft Lignin Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Kraft lignin is a type of lignin produced through kraft sulphate cooking process. It is an emerging product market of lignin. Kraft lignin or sulphate lignin are present in a by-product stream of the Kraft pulping process known as black liquor. The commercial kraft lignins are generally sold in the sulphonated form or as lignin amines. Its major part tends to be used in low value-added applications such as the production of process steam and energy.
Global kraft lignin market find applications in fertilizers and pesticides, thermoplastic polymers and binders & resins. In addition, in the market there are other applications such as activated carbon, and ion exchange resins. Fertilizers and pesticides is the major application followed by thermoplastic polymers. Kraft lignin has many potential uses growing towards niche applications market. Uses in carbon fibers, activated carbon, phenolic resins, vanillin, BTX, bitumen and many others are the emerging applications of kraft lignin.
Abundantly available raw material, low process cost and widely accepted process, substitution to petrochemicals, potential diverse applications, and shift from conventional to renewable are the driving factors of the global kraft lignin market. In the coming future, it is expected to grow steadily giving rise to aromatic application in the global market. In addition, the volume consumption is expected to increase over the forecast period 2014-2021.
Leading companies in kraft lignin based products are:
SEGMENTATIONS IN REPORT:
Kraft Lignin By Applications:
Main Categories