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Lignin is the organic compound, which is found in all vascular plants and it makes vegetable firm and supplies fiber in food. Though it is not an acid, it contains carboxylic acids. Wood gives off acids as it deteriorates, as do paper and board that contain lignin. It is occurs in the nature in different types and characteristic of hardwoods, softwoods and grasses. In addition, it is found in various types such as low purity lignin, lignosulphonates (lignosulfonates), kraft lignin, organosolv lignin, and high-grade lignin, depending on their purity. It is mainly used in agriculture, animal feed, construction, and mining. Lignin-based products and processes are of significant value to waste material.
Lignin is the biggest market throughout the globe; it is a growing market in the North America region. Lignin is the components of wood, which are raw materials used for papermaking. Especially in North America, the papermaking market is at high level. North America is leading market of lignin manufacturers and suppliers of coated fine paper, pulp and release paper in the United States. It is the first region, which commenced the lignin manufacturing industry.
Increasing commercialization of cellulose-based products, which gives the demand for biochemical industry as a raw material, is expected to drive global lignin market over the forecast period. Improving demand for biochemical industry is estimated the increases lignin-based product of paper and pulp industry. North America lignin market growth of niche applications is expected to provide market players with immense growth opportunities. These include lignin-based phenol, vanillin, animal feed, micronutrients, cleaning chemicals and dye dispersants
This region has the higher production and expenditure capacity as compare to other region. Owing to the awareness and knowledge about lignin and lignin-based products, it has tended the market value and position to increase. In Massachusetts, the first higher-value chemical derived from lignin will hit the market in 2025.
The report also covers the complete competitive landscape of the North America Lignin market with company profiles of key players such as:
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