Product Code: GVR-4-68040-587-9
Lignin-based Resins Market Growth & Trends:
The global lignin-based resins market size is anticipated to reach USD 693.22 million by 2030, registering a CAGR of 5.28% from 2025 to 2030, according to a new report by Grand View Research, Inc. The lignin-based resins industry is an emerging segment within the global sustainable materials landscape, gaining traction for its role in reducing dependence on fossil-derived chemicals.
Derived from lignin-a natural polymer abundantly available as a by-product of the pulp and paper industry-these resins offer a renewable alternative to conventional phenolic, epoxy, and polyurethane systems. Their utility spans a broad range of applications, from wood adhesives and insulation foams to composites and coatings. With increasing pressure to decarbonize industrial processes, lignin-based resins are being adopted across construction, automotive, and consumer goods sectors, seeking greener, low-toxicity solutions without compromising performance.
A major driver behind the growth of the market is the global shift toward bio-based and circular economy models. Lignin resins provide advantages such as reduced formaldehyde content, lower greenhouse gas emissions, and compatibility with a wide range of substrates, making them suitable for both structural and non-structural applications. As regulations tighten around hazardous chemicals and sustainability criteria grow more stringent, industries are turning to lignin-based alternatives to comply with evolving standards.
Advancements in lignin extraction and functionalization technologies are enhancing the mechanical and thermal properties of these resins, unlocking their potential in high-value applications like automotive interiors, green packaging, and fiber-reinforced composites.
Furthermore, advancements in microbial conversion, gas fermentation, and biomass feedstock optimization have enabled scalable, commercially viable production routes. This combination of performance, policy alignment, and climate benefit makes Lignin-based Resins an increasingly strategic material for industries prioritizing long-term resilience and sustainable growth.
The market players are focusing on various strategic initiatives such as mergers, acquisitions, and collaborations. For instance, in March 2025, The LEGACY project, supported by a USD 6.5 million grant, developed sustainable and safe coatings using lignin, a natural material from wood. The project aimed to replace fossil-based chemicals in coatings with renewable alternatives, helping industries reduce their environmental impact.
Lignin-based Resins Market Report Highlights:
- Based on raw material, lignosulfonates held the largest share, accumulating a USD 393.46 million market size in 2024.
- Based on product, phenolic resins accounted for the largest share of 57.58% in 2024.
- Based on application, adhesives & binders accounted for the largest share of 47.35% in 2024.
- Asia Pacific dominated the market. Countries like China and India are investing in lignin-based adhesives, concrete additives, and specialized chemicals, supported by government initiatives promoting sustainable development.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Types & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Lignin-based Resins Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Profit Margin Analysis of Key Value Chain Participants
- 3.3.2. Raw Material Trends
- 3.3.3. Raw Material Price Analysis
- 3.4. Technology Overview
- 3.4.1. Commercial Production Technology
- 3.4.2. Roadmap of Technology Advancement, 2018 to 2030
- 3.5. Sustainability Trends
- 3.5.1. Recycling and Circular Economy
- 3.6. Average Price Trend Analysis, 2018 to 2030 (USD/kg)
- 3.6.1. Key Factors Influencing Pricing
- 3.7. Supply Demand Gap Analysis
- 3.8. Regulatory Framework
- 3.8.1. Policies and Incentive Plans
- 3.8.2. Standards and Compliances
- 3.8.3. Regulatory Impact Analysis
- 3.9. Market Dynamics
- 3.9.1. Market Driver Analysis
- 3.9.2. Market Restraint Analysis
- 3.9.3. Industry Challenges
- 3.10. Porter's Five Forces Analysis
- 3.10.1. Supplier Power
- 3.10.2. Buyer Power
- 3.10.3. Substitution Threat
- 3.10.4. Threat from New Entrants
- 3.10.5. Competitive Rivalry
- 3.11. PESTEL Analysis
- 3.11.1. Political Landscape
- 3.11.2. Economic Landscape
- 3.11.3. Social Landscape
- 3.11.4. Technological Landscape
- 3.11.5. Environmental Landscape
- 3.11.6. Legal Landscape
Chapter 4. Lignin-based Resins Market: Raw Material Outlook Estimates & Forecasts
- 4.1. Lignin-based Resins Market: Raw Material Movement Analysis, 2024 & 2030
- 4.1.1. Kraft Lignin
- 4.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.2. Lignosulfonates
- 4.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.3. Organosolv Lignin
- 4.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.4. Other Materials
- 4.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Lignin-based Resins Market: Product Type Outlook Estimates & Forecasts
- 5.1. Lignin-based Resins Market: Product Type Movement Analysis, 2024 & 2030
- 5.1.1. Phenolic Resins
- 5.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.2. Epoxy Resins
- 5.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.3. Polyurethane Resins
- 5.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.4. Other Product Types
- 5.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 6. Lignin-based Resins Market: Application Outlook Estimates & Forecasts
- 6.1. Lignin-based Resins Market: Application Movement Analysis, 2024 & 2030
- 6.1.1. Adhesives & Binders
- 6.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.2. Coatings
- 6.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.3. Composites
- 6.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.4. Other Applications
- 6.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 7. Lignin-based Resins Market Regional Outlook Estimates & Forecasts
- 7.1. Regional Snapshot
- 7.2. Lignin-based Resins Market: Regional Movement Analysis, 2024 & 2030
- 7.3. North America
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5. U.S.
- 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6. Canada
- 7.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7. Mexico
- 7.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4. Europe
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5. UK
- 7.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6. Germany
- 7.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7. France
- 7.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8. Italy
- 7.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9. Spain
- 7.4.9.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5. Asia Pacific
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5. China
- 7.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6. India
- 7.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7. Japan
- 7.5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8. South Korea
- 7.5.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.9. Australia
- 7.5.9.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.9.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.9.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.9.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6. Latin America
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5. Brazil
- 7.6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6. Argentina
- 7.6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.7. Middle East & Africa
- 7.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5. Saudi Arabia
- 7.7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.6. South Africa
- 7.7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.6.2. Market estimates and forecast, by raw material, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.6.3. Market estimates and forecast, by product type, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Vendor Landscape
- 8.2.1. Company categorization
- 8.2.2. List of Key Distributors and channel Partners
- 8.2.3. List of Potential Customers/End-users
- 8.3. Competitive Dynamics
- 8.3.1. Company Market Share Analysis & Market Positioning
- 8.3.2. Competitive Benchmarking
- 8.3.3. Strategy Mapping
- 8.3.4. Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Participant's overview
- 8.4.2. Financial performance
- 8.4.3. Product benchmarking
- 8.4.3.1. Borregaard
- 8.4.3.2. Stora Enso
- 8.4.3.3. UPM Biochemicals
- 8.4.3.4. MetGen
- 8.4.3.5. Ingevity
- 8.4.3.6. Lignolix
- 8.4.3.7. West Fraser