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Lignin-based products Market Size Worth $1327 Million by 2024 | Growth Rate: 7.58%

Author: QYResearch | Publish date: 2018-05-30 | Views: 47
The lignin-based products demand with a fast growth rate in the past few years. The developed countries demand is relatively stable and the growth rate is relatively low. And the developing countries demand will increase in a relatively higher speed, especially in China, in 2017, global revenue of Lignin Products is nearly 750 M USD; the actual production is about 1300 thousand MT.

Lignin Products can be broadly classified into three types: Kraft Lignin, Lignosulphonates and other, and the proportion of Lignosulphonates in 2017 is about 88.7%.

 

Lignin Products is widely used in Construction, Animal Feed, Agricultural Industry and others. The most proportion of Lignin Products is used in Construction, and the consumption proportion is about 42% in 2017.

 

Europe region is the largest supplier of Lignin Products, with a production market share nearly 37% in 2017. Middle East and Africa is the second largest supplier of Lignin Products, enjoying revenue market share nearly 26.2% in 2017.

 

Europe is the largest consumption place, with a consumption market share nearly 42.2% in 2017. Following Europe, North America is the second largest consumption place with the consumption market share of 19.4%. Asia-Pacific is also an important area.

 

Initially, the Lignin and Lignin-Based Products manufacturing analysis of the major industry players based on their company profiles, annual revenue, demand, sales margin, growth aspects is also covered in this report, which will help other Lignin and Lignin-Based Products market players in driving business insights.

 


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