Kraft Lignin Products Market - Forecast(2024 - 2030)
Kraft Lignin Products Market size is forecast to reach $16.5 million by 2025, after growing at a CAGR of 7.5% during 2020-2025. Due to the growing demand for carbon fibers, the Kraft Lignin Products market is witnessing higher growth. The higher processing cost and lack of awareness about the usage of kraft lignin products are expected to hinder the growth of the market.
Report Coverage
The report: “Kraft Lignin Products Market – Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Kraft Lignin Products Market.
By Application - Fertilizers and Pesticides, Polymers, Binders and Resins, Phenol and Derivatives, Activated carbon, Carbon fibers, Sorbents, Others.
By Geography – North America, South America, Europe, APAC, RoW.
Key Takeaways
- North America dominates the Kraft Lignin Products market as urea additive. The significant agricultural boom that is underway in the region, are expected to boost the regional market.
- Kraft lignin is also used in the manufacturing process of fertilizers and pesticides which will, likely to aid in the market growth of kraft lignin products.
- Kraft lignin can be transformed into activated carbon by physical or chemical activation. The chemical activation at high temperatures gives higher product yields.
- Higher processing costs and lack of awareness about the usage of Kraft Lignin products are expected to hinder the growth of the market studied.
- Due to the COVID19 pandemic, manufacturing sector is completely shut down. So, this will create small hurdles for the kraft lignin products market.
Application - Segment Analysis
Fertilizers and Pesticides holds the largest market share in the Kraft lignin market as industrial lignin is a good raw material for preparing slow/controlled release fertilizers, slow/controlled release pesticides, soil stabilizers, soil amendment/ soil improvement agents, plant growth regulators, film mulching/liquid plastic films, and antiseptics for agricultural fields. Slow/controlled release fertilizers that can significantly increase crop yield and quality, improve the efficiency of fertilizer use, and reduce the eutrophication of water bodies and surfaces due to nitrogen loss from field. Lignin is an important precursor in the formation of humic substances in soils. However, the biological degradation of lignin is very slow due to its high (carbon to nitrogen) C/N ratio.
Geography - Segment Analysis
North America dominated the kraft Lignin Products market with a share of more than 35%, as North America is the largest producer of the kraft lignin products, majorly dominated by Canada and the United States. A shift in industry preference, to biobased products, due to the need of reducing dependence on fossil sources, is expected to continue as a key driver for kraft lignin products market growth in the region, during the forecast period. The growing residential market in the United States is expected to drive the demand for kraft lignin products from the construction sector of the region. Moreover, the steady recovery of oil prices is expected to increase the drilling processes in the region, in turn, increasing the demand for lignosulphonates in the oil and gas industry.
Drivers – Kraft Lignin Products Market
- Increasing Consumption of Activated Carbon
Activated carbons are widely used industrial adsorbents in deodorization and purification for process streams and the treatment of liquid and gaseous effluents.
Activated carbon, also called activated charcoal, is a form of carbon processed to have small, low -volume pores that increase the surface area available for adsorption or chemical reactions. Activated is sometimes substituted with active. Kraft lignin can be transformed into activated carbon by physical or chemical activation. The chemical activation at high temperatures gives higher product yields.
- Implementation of Stringent Environment Regulations
Implementation of stringent government regulations related to decreasing vehicle weight will increase the market demand for Kraft Lignin Products in the near future, as kraft lignin is used in the carbon fillers and these carbon fillers are used in automotive industries for making vehicles light weighted, Biobased cost-efficient carbon fibres would enable an increased replacement of steel with carbon fibre composites in cars. So this will encourage the automotive companies to start using more kraft lignin product in a way to make vehicles more light weighted.
Challenges – Kraft Lignin Products Market
- Higher processing cost and lack of awareness
Higher processing costs and lack of awareness about the usage of Kraft Lignin products are expected to hinder the growth of the market. Lignin micro- and nanoparticles (LMNPs) synthesized from side-streams of pulp and paper and biorefinery operations have been proposed for the generation of new, high-value materials. Due to the high cost, manufacturer think before using this product, and due to lack of awareness that it can be used in carbon fillers which will help the manufacturer to grow the market for Kraft lignin products more rapidly, as carbon fillers were used in the automotive industries to make the vehicles light weighted.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Kraft Lignin Products market. In 2019, the market of Kraft Lignin Products has been consolidated by the top five players accounting for xx% of the share. Major players in the Kraft Lignin Products Market are tore Enso, WestRock Company, LTD., Domtar Corporation, West Fraser, and RISE., among others.
1. Kraft Lignin Products Market - Overview
1.1 Definitions and Scope
2. Kraft Lignin Products Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Kraft Lignin Products Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Kraft Lignin Products Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Kraft Lignin Products Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Kraft Lignin Products Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Kraft Lignin Products Market - Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Kraft Lignin Products Market - By Product (Market Size -$Million / $Billion)
9. Kraft Lignin Products Market - By Type (Market Size -$Million / $Billion)
11.1 Kraft Lignin Products Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Kraft Lignin Products- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Kraft Lignin Products- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Kraft Lignin Products - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Kraft Lignin Products - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Kraft Lignin Products Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Kraft Lignin Products Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Kraft Lignin Products Market - Key Company List by Country Premium
15. Kraft Lignin Products Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Borregaard Lignotech
15.3 Domtar Corporation
15.4 Innventia Group
15.5 Nippon Paper Industry Co. Ltd
15.6 Rayonier Advanced Material
15.7 Resolute Forest Product
15.8 Stora Enso
15.9 Suzano
15.10 Upm Biochemicals
15.11 West Fraser
15.12 Westrock
15.13 Weyerhaeuser Company
15.14 Company 14
15.15 Company 15 & More
16.1 Abbreviations
16.2 Sources
17. Kraft Lignin Products Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
1.1 Definitions and Scope
2. Kraft Lignin Products Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Kraft Lignin Products Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Kraft Lignin Products Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Kraft Lignin Products Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Kraft Lignin Products Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Kraft Lignin Products Market - Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Kraft Lignin Products Market - By Product (Market Size -$Million / $Billion)
9. Kraft Lignin Products Market - By Type (Market Size -$Million / $Billion)
10. Kraft Lignin Products - By Application (Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1 Fertilizers and Pesticides
10.3.2 Polymers
10.3.3 Binders and Resins
10.3.4 Phenol and Derivatives
10.3.5 Activated carbon
10.3.6 Carbon fibers
10.3.7 Sorbents
11. Kraft Lignin Products - By Geography (Market Size -$Million / $Billion)11.1 Kraft Lignin Products Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Kraft Lignin Products- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Kraft Lignin Products- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Kraft Lignin Products - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Kraft Lignin Products - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Kraft Lignin Products Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Kraft Lignin Products Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Kraft Lignin Products Market - Key Company List by Country Premium
15. Kraft Lignin Products Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Borregaard Lignotech
15.3 Domtar Corporation
15.4 Innventia Group
15.5 Nippon Paper Industry Co. Ltd
15.6 Rayonier Advanced Material
15.7 Resolute Forest Product
15.8 Stora Enso
15.9 Suzano
15.10 Upm Biochemicals
15.11 West Fraser
15.12 Westrock
15.13 Weyerhaeuser Company
15.14 Company 14
15.15 Company 15 & More
*Financials would be provided on a best efforts basis for private companies
16. Kraft Lignin Products Market - Appendix16.1 Abbreviations
16.2 Sources
17. Kraft Lignin Products Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends