Sodium Lignosulfonate Market is Estimated to Achieve USD 535 Million at a 3.5% CAGR by 2033
The Sodium Lignosulfonate Market in the United States witnessed a demand exceeding US$ 90 million in 2022. Within the North American market, the United States holds a significant role as a consumer of sodium lignosulfonate. Moreover, it stands as one of the notable global exporters of sodium lignosulfonate powder. The sodium lignosulfonate market (リグノスルホン酸ナトリウム市場) is anticipated to witness substantial growth, with its valuation expected to reach US$ 535 million by 2033. This marks a significant increase from its 2023 market size of US$ 377 million. The projected growth can be attributed to an estimated 3.5% compound annual growth rate (CAGR) in global demand for sodium lignosulfonate during the forecast period from 2023 to 2033. Download a Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=8310 Key Takeaways from Market Study
Sales of sodium lignosulfonate are estimated to increase at a CAGR of 3.5% during the forecast period from 2023 to 2033. The global sodium lignosulfonate market is forecasted to reach a valuation of US$ 535 million by the end of 2033. The market stands at US$ 377 million in the year 2023. The Canadian market is projected to advance at a CAGR of 2.6% from 2023 to 2033. The market in Germany is anticipated to progress at a CAGR of 1.7% through 2033.
“Rising development of residential as well as non-residential structures, requirement for concrete admixtures in the construction industry, and high demand for lignosulfonate as an oil additive in the oil & gas industry are predicted to drive the growth of the sodium lignosulfonate market,” says a Fact.MR analyst. Segmentation of Sodium Lignosulfonate Industry Research
By Type : o Dry o Liquid o Others
By Application : o Animal Feed Binders o Concrete Admixtures o Oil Well Additives o Agriculture Chemicals o Dust Suppressants o Lead Batteries o Gypsum Plasterboards o Others
By Region :
o o o o o
North America Europe Asia Pacific Latin America Middle East & Africa
Winning Strategy Prominent manufacturers of sodium lignosulfonate, with the help of complexing agents and emulsion stabilizers, are leveraging value-grab opportunities while using lignin-based biopolymers. Manufacturers are taking efforts to expand their portfolios in polymers that are based on lignin, which are wood-based alternatives to fossil-based chemicals and are renewable. For instance,
Borregaard is a world specialist in lignosulfonate and lignin. The company is increasing the availability of various lignin-based biopolymers that are commonly used as crystal growth modifiers, dispersing agents, and binders.
Key Companies Profiled
Borregaard LignoTech Burgo Group SpA Nippon Paper Industries Co., Ltd. Rayonier Advanced Materials Sappi Ltd. Green Agrochem Flambeau River Papers Qingdao New World Material Co. Ltd.
Key Factors Driving the Sodium Lignosulfonate Market:
Construction Industry: Sodium lignosulfonate is used as a plasticizer and water-reducing agent in concrete admixtures. It enhances the workability, strength, and durability of concrete while reducing water content. Agriculture: Sodium lignosulfonate is utilized as a dispersant and binder in agrochemical formulations, helping to improve the efficiency of pesticides, herbicides, and fertilizers. Animal Feed: It is used as a binder in animal feed pellets to improve pellet quality and prevent dust formation. Oil and Gas Industry: Sodium lignosulfonate is employed as a fluid loss control additive in drilling fluids to enhance fluid viscosity and control fluid loss during drilling operations. Industrial Applications: It serves as a dispersant, binder, and stabilizer in various industrial processes, such as dye production, mineral processing, and ceramics.
More Valuable Insights on Offer Fact.MR, in its new offering, presents an unbiased analysis of the global sodium lignosulfonate market for the period of 2023 to 2033. The study divulges essential insights into the market on the basis of type (dry, liquid, others) and application (animal feed binders, concrete admixtures, oil well additives, agriculture chemicals, dust
suppressants, lead batteries, gypsum plasterboards, others), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA). Contact: US Sales Office 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583, +353-1-4434-232 Email:
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