The Infinium Global Research analyzes the Lignosulphonates Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global lignosulphonates market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of lignosulphonates. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the lignosulphonates market during the period. The report provides in-depth information about the lignosulphonates market which is expected to grow at a CAGR of 3.4% over the forecast period of 2019-2025.
Lignosulphonates are water dissoluble anionic polyelectrolyte polymers. It is derived from the generation of wood mash utilizing sulphite pulping. Lignosulphonates have a wide range of applications such as in the cement industry, leather tanning, dyes, oil mining, pesticides, and other applications.
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Animal Feed, Dust Control, Cosmetics, Concrete Additives Drive the Growth of the Lignosulphonates Market
Growing applications of lignosulphonates such as animal feed, dust control, cosmetics, concrete additives drive the growth of the lignosulphonates market. The use of lignosulphonates as fillers and binder in ceramic tiles, casting sand, and resin to fibreboards contributes to the growth of the lignosulphonates market. Lignosulphonates provides animals with many essential nutrients through animal feed binder that help animal prevent gastrointestinal diseases. New proprietary applications for lignosulphonates stimulate the growth of the lignosulphonates market. Lignosulphonates are waste-reducing admixtures that help in the increasing density of cement which stimulates the use of lignosulphonates in the cement industry. On the other side, application-specific replacement hampers the growth of the lignosulphonates market. Moreover, research and development in the lignosulphonates market create several opportunities for the growth of the lignosulphonates market.
Lignosulphonates Market: Segmentation
The global lignosulphonates market is segmented on the basis of type and application. Based on type, the lignosulphonates market is divided into calcium lignosulphonates, sodium lignosulphonates, and other types. The applications segment includes animal feed, concrete additives, dyestuff, dust control, and other applications. Concrete additives sub-segment is expected to hold a significant share in the global lignosulphonates market.
Europe Is Expected to Hold a Premium Share in the Global Lignosulphonates Market
Geographically, the global lignosulphonates market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. Europe is expected to hold a premium share in the global lignosulphonates market. The growing construction industry in the European region contributes to the growth of the lignosulphonates market in Europe. Asia-Pacific region is anticipated to grow with a healthy CAGR over the forecast period. The increasing demand for water-reducing agents in Asia-Pacific drives the growth of the lignosulphonates market in Asia-Pacific. North America is growing in the global lignosulphonates market.
Lignosulphonates Market: Competitive Landscape
The leading players in the global lignosulphonates market are Tembec, Inc., Burgo Group SpA, Wuhan Xinyingda Chemicals Co., Ltd., ALM India, Hubei Zhengdong Chemical Co., Ltd., Changzhou Shanfeng Chemical Industry Co., Ltd., Borregaard LignoTech, Domtar Corporation, Green Agrochem, Abelin Polymers, and other companies. Companies operating in the global lignosulphonates market are adopting strategies such as mergers, acquisitions, and collaborations that maximize their market share.
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- Comprehensive analysis of global as well as regional markets of the lignosulphonates.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.