Product Code: BMIRE00028774
The North America lignin market was valued at US$ 1,21,676.61 thousand in 2022 and is expected to reach US$ 1,67,815.19 thousand by 2028; it is estimated to grow at a CAGR of 5.5% from 2022 to 2028.
Government Regulations and Initiatives to Promote Sustainable and Bio-Products
Governments of various European countries have imposed a few regulations on using chemicals to manufacture products in many processing industries, such as personal care, animal feed, and agriculture, to ensure better protection of human health and the environment. Moreover, these regulations are set to reduce greenhouse emissions and have compelled polymer manufacturing companies to increase investments in developing naturally derived raw materials. Rising awareness regarding greenhouse gas (GHG) emissions has surged the demand for bio-based polymer products. Thus, lignin is being used as an intermediate for manufacturing phenol, phenolic resins, and emulsifying agents. The increasing importance of using biofuels, especially in North America, on account of regulatory support to reduce air pollution and GHG emissions is boosting the demand for lignin. Governments of various countries are adopting several initiatives to increase the awareness and development of lignin-based biomaterials. In 2020, Michigan State University received funding from the National Institute of Food and Agriculture (United States Department of Agriculture) to develop sustainable lignin-based resins for adhesive, coating, elastomer, and foam applications. Therefore, government regulations and initiatives to promote sustainable and bio-products are driving the lignin market growth.
North America Lignin Market Overview
The lignin market in North America is segmented into the US, Canada, and Mexico. North America holds many growth opportunities for lignin manufacturers owing to increasing demand from various end-use industries such as plastics & polymers, pulp & paper, animal feed, paints & coatings, and pesticides. These industries use lignin in the form of lignosulphonates, kraft lignin, and high purity lignin as they possess high molecular weight, ideal glass transition temperature, good thermal decomposition, high lignin solubility, biodegradability, and high antioxidant properties. Lignin - a byproduct of paper and bioethanol production- can thoroughly replace phenol in a phenolic adhesive formulation, make building materials less toxic, and replace petroleum. Additionally, support from government of various countries in the region for advanced infrastructural setup and rising investment in the construction sector are driving the growth of lignin market. For instance, on August 02, 2021, according to the White House report, the legislation invested US$ 17 billion in port infrastructure and waterways, and US$ 25 billion in airports to address repair and maintenance backlogs, facilitate congestion and emissions near ports and airports, and push electrification and other low-carbon technologies.
North America Lignin Market Revenue and Forecast to 2028 (US$ Thousand)
North America Lignin Market Segmentation
The North America lignin market is segmented based on type, form, application, and country. Based on type, the North America lignin market is segmented into lignosulfonates, kraft lignin, high purity lignin, and others. The lignosulfonates segment held the largest market share in 2022.
Based on form, the North America lignin market is bifurcated into solid and liquid. The solid segment held a larger market share in 2022.
Based on application, the North America lignin market is segmented into concrete additives, plastics and polymers, bitumen, water treatment, dyes and pigments, activated carbon, carbon fiber, and others. The plastics and polymers segment held the largest market share in 2022.
Based on country, the North America lignin market is segmented into the US, Canada, and Mexico. The US dominated the North America lignin market share in 2022.
Nippon Paper Industries Co Ltd; Borregaard ASA; Burgo Group SpA; Domsjo Fabriker AB; Sappi Ltd; Stora Enso Oyj; Suzano SA; The Dallas Group of America Inc; Tokyo Chemical Industry Co Ltd; and West Fraser Timber Co Ltd are the leading companies operating in the North America lignin market.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America lignin market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America lignin market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America lignin market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table Of Contents
1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 North America Lignin Market, by Type
- 1.3.2 North America Lignin Market, by Form
- 1.3.3 North America Lignin Market, by Application
- 1.3.4 North America Lignin Market, by Country
2. Key Takeaways
3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:
4. North America Lignin Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants:
- 4.2.2 Bargaining Power of Suppliers:
- 4.2.3 Bargaining Power of Buyers:
- 4.2.4 Intensity of Competitive Rivalry:
- 4.2.5 Threat of Substitutes:
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Materials
- 4.3.2 Production Process
- 4.3.3 End-Use Industries
- 4.4 Expert Opinion
5. North America Lignin Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Demand of Lignin from Several End-Use Industries
- 5.1.2 Government Regulations and Initiatives to Promote Sustainable and Bio-Products
- 5.2 Market Restraints
- 5.2.1 Availability of Substitutes for Lignin
- 5.3 Market Opportunities
- 5.3.1 Adoption of Lignin for Carbon Fiber Production
- 5.4 Future Trends
- 5.4.1 Strategic Development Initiatives by Key Market Players
- 5.5 Impact Analysis of Drivers and Restraints
6. Lignin - North America Market Analysis
- 6.1 North America Lignin Market -Volume and Forecast to 2028 (Tons)
- 6.2 North America Lignin Market -Revenue and Forecast to 2028 (US$ Thousand)
7. North America Lignin Market Analysis - By Type
- 7.1 Overview
- 7.2 North America Lignin Market, By Type (2021 and 2028)
- 7.3 Lignosulfonates
- 7.3.1 Overview
- 7.3.2 Lignosulfonates: Lignin Market - Volume and Forecast to 2028 (Tons)
- 7.3.3 Lignosulfonates: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 7.4 Kraft Lignin
- 7.4.1 Overview
- 7.4.2 Kraft Lignin: Lignin Market - Volume and Forecast to 2028 (Tons)
- 7.4.3 Kraft Lignin: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 7.5 High Purity Lignin
- 7.5.1 Overview
- 7.5.2 High Purity Lignin: Lignin Market - Volume and Forecast to 2028 (Tons)
- 7.5.3 High Purity Lignin: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Lignin Market - Volume and Forecast to 2028 (Tons)
- 7.6.3 Others: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
8. North America Lignin Market Analysis -By Form
- 8.1 Overview
- 8.2 Lignin Market, By Form (2021 and 2028)
- 8.3 Solid
- 8.3.1 Overview
- 8.3.2 Solid: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 8.4 Liquid
- 8.4.1 Overview
- 8.4.2 Liquid: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
9. North America Lignin Market Analysis - By Application
- 9.1 Overview
- 9.2 Lignin Market, By Application (2021 and 2028)
- 9.3 Concrete Additives
- 9.3.1 Overview
- 9.3.2 Concrete Additives: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 9.4 Plastics and Polymers
- 9.4.1 Overview
- 9.4.2 Plastics and Polymers: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 9.5 Bitumen
- 9.5.1 Overview
- 9.5.2 Bitumen: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 9.6 Water Treatment
- 9.6.1 Overview
- 9.6.2 Water Treatment: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 9.7 Dyes and Pigments
- 9.7.1 Overview
- 9.7.2 Dyes and Pigments: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 9.8 Activated Carbon
- 9.8.1 Overview
- 9.8.2 Activated Carbon: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 9.9 Carbon Fiber
- 9.9.1 Overview
- 9.9.2 Carbon Fiber: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
- 9.10 Others
- 9.10.1 Overview
- 9.10.2 Others: Lignin Market - Revenue and Forecast to 2028 (US$ Thousand)
10. North America Lignin Market - by Country Analysis
- 10.1 North America: Lignin Market
- 10.1.1 North America: Lignin Market, by Key Country
- 10.1.1.1 US: Lignin Market -Revenue and Forecast to 2028 (US$ Thousand)
- 10.1.1.2 US: Lignin Market -Volume and Forecast to 2028 (Tons)
- 10.1.1.2.1 US: Lignin Market, by Type
- 10.1.1.2.2 US: Lignin Market, by Type
- 10.1.1.2.3 US: Lignin Market, by Form
- 10.1.1.2.4 US: Lignin Market, by Application
- 10.1.1.3 Canada: Lignin Market-Revenue and Forecast to 2028 (US$ Thousand)
- 10.1.1.4 Canada: Lignin Market-Volume and Forecast to 2028 (Tons)
- 10.1.1.4.1 Canada: Lignin Market, by Type
- 10.1.1.4.2 Canada: Lignin Market, by Type
- 10.1.1.4.3 Canada: Lignin Market, by Form
- 10.1.1.4.4 Canada: Lignin Market, by Application
- 10.1.1.5 Mexico: Lignin Market-Revenue and Forecast to 2028 (US$ Thousand)
- 10.1.1.6 Mexico: Lignin Market-Volume and Forecast to 2028 (Tons)
- 10.1.1.6.1 Mexico: Lignin Market, by Type
- 10.1.1.6.2 Mexico: Lignin Market, by Type
- 10.1.1.6.3 Mexico: Lignin Market, by Form
- 10.1.1.6.4 Mexico: Lignin Market, by Application
11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 Partnerships & Collaborations
12. Company Profiles
- 12.1 Nippon Paper Industries Co Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Borregaard ASA
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Burgo Group SpA
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Domsjo Fabriker AB
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Sappi Ltd
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Stora Enso Oyj
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Suzano SA
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 The Dallas Group of America Inc
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Tokyo Chemical Industry Co Ltd
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 West Fraser Timber Co Ltd
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary of Terms