Lignin Market is Expected to Reach US$ 985.5 Mn in 2023
Posted On Jun 22, 2015
Transparency Market Research has published a new report titled
“Lignin Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023.”
According to the report, the global lignin market was valued at US$ 782.3 Mn in 2014 and is anticipated to
reach US$ 985.5 Mn by 2023, expanding at a CAGR of 2.7% from 2015 to 2023. The global lignin
market demand by volume stood at 1115.4 Kilo Tons in 2014.Increase in niche application of lignin
in various fields such as building and construction, agrochemicals, and paints and coatings is contributing
to the growth of the global lignin market. Functional properties offered by lignin is the major factor leading
to high demand for lignin in the market. Usage of lignin as a dispersant, binder, and emulsifying agent
has attracted the attention of major manufacturers in various end-user industries. Additionally, industrial
expansion in developing economies such as Asia Pacific is propelling demand for lignin across the
globe. These factors are likely to drive demand for lignin for applications such as concrete additive,
animal feed, and dye stuff.
“Lignin Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023.”
According to the report, the global lignin market was valued at US$ 782.3 Mn in 2014 and is anticipated to
reach US$ 985.5 Mn by 2023, expanding at a CAGR of 2.7% from 2015 to 2023. The global lignin
market demand by volume stood at 1115.4 Kilo Tons in 2014.Increase in niche application of lignin
in various fields such as building and construction, agrochemicals, and paints and coatings is contributing
to the growth of the global lignin market. Functional properties offered by lignin is the major factor leading
to high demand for lignin in the market. Usage of lignin as a dispersant, binder, and emulsifying agent
has attracted the attention of major manufacturers in various end-user industries. Additionally, industrial
expansion in developing economies such as Asia Pacific is propelling demand for lignin across the
globe. These factors are likely to drive demand for lignin for applications such as concrete additive,
animal feed, and dye stuff.
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| Lignin Removal last step in MOhemp Energy Mobile Processing System |
Lignosulfonates account for major share of the global lignin market.
Demand for these sulfur-free lignins is high in the construction industry
due to its high absorbency rate and zeta potential to cement particles.
Lignosulfonates are used on a large scale in the production of cement,
as these reduce the viscosity of slurry by decreasing the amount of water
used in the production of cement. Lignin provides high-performance
concrete strength; thus, it reduces the damage caused by moisture
and acid rain. Hence, high demand for lignin in the building & construction
industry is estimated to boost demand for lignosulfonates globally.
Lignin produced though the kraft pulping process is known as kraft lignin.
This lignin dominates the sulfite pulping process. Kraft lignin
possesses different chemical properties than lignosulfonates. Therefore,
it is used in the manufacture of dyes and insecticides. Kraft lignin
accounted for more than 5% share of the global lignin market in 2014.
The segment is projected to gain market share during the forecast period.
The others segment (including organosolv) is also likely to drive demand
for lignin at a steady rate in the near future.
Read full Article here: http://www.transparencymarketresearch.com/pressrelease/lignin-market.htm
Not Listed on the following chart is how: "Hemp Lignin is being used in Electronics."
Most people don’t understand the truly diverse value of hemp (Cannabis sativa). Cultures have depended on this hardy plant for centuries for clothing, fabric, and paper. Today, it is also used for food, fuel, medicine, building materials, and plastics. Now the energy storage industry is starting to take notice, thanks to new Canadian research that shows supercapacitors with electrodes made from hemp-based carbon nanosheets outperform standard supercapacitors by nearly 200%.
After discussing the Invention process with another StLouis ...
https://plus.google.com/.../posts/AUbftdKKxLy
2 days ago - Scottys Mobile Hemp Processing Equipment and Process of removing the Lignin from the fibers will be Patent Protected. Better safe than sorry when a prior Hemp ...
Graphene, a carbon nanomaterial, is considered to be one of the best materials for supercapicitor electrodes. Graphene is, however, expensive to manufacture, costing as much as $2,000 per gram. Looking for a less-costly solution, researchers at the University of Alberta/National Institute for Nanotechnology (NINT) NRC, and Alberta Innovates-Technology Futures, led by chemical and materials engineering Professor David Mitlin, developed a process for converting fibrous hemp waste into a unique graphene-like nanomaterial that outperforms graphene. What’s more, it can be manufactured for less than $500 per ton... article link
1 comment:
global lignin market was valued at US$ 782.3 Mn in 2014 and is anticipated to
reach US$ 985.5 Mn by 2023, expanding at a CAGR of 2.7% from 2015 to 2023.
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