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Lignosulfonates Market to Reach 1.4 Billion USD by 2027 – Exclusive Report by MarketsandMarkets™

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Lignosulfonates Market to Reach 1.4 Billion USD by 2027 – Exclusive Report by MarketsandMarkets™

April 20
05:25 2023
Lignosulfonates Market to Reach 1.4 Billion USD by 2027 - Exclusive Report by MarketsandMarkets™
Browse 267 market data Tables and 44 Figures spread through 228 Pages and in-depth TOC on “Lignosulfonates Market”
Lignosulfonates Market by Product (Sodium Lignosulfonate, Calcium Lignosulfonate, Magnesium Lignosulfonate), Application (Oil Well Additives, Concrete Additives, Animal Feed Binders, Dust Control), and Region

The lignosulfonates market is projected to grow from USD 1.2 billion in 2022 to USD 1.4 billion by 2027, at a CAGR of 3.6% from 2022 to 2027. The growth of the market is driven by the rising demand for lignosulfonate in various applications such as concrete additives, animal feed binders, oil well additives and, among others. 

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Companies such as Borregaard (Norway), Rayonier Advanced Materials (US), Sappi Limited (South Africa), Domsjo Fabriker (Sweden), Nippon Paper Industries Co., Ltd. (Japan) fall under the winners’ category. These are leading players in the Lignosulfonate market, globally. These players have adopted the strategies of partnership, joint venture and disinvestment to fulfil the rising demand for lignosulfonate on the regional as well as global levels.


Borregaard develops lignosulfonates for construction and agriculture applications. The company’s BioSolutions business division creates, manufactures, and sells biopolymers made from lignin, as well as biovanillin. In January 2019, the company partnered with GIA for the supply of equipment such as spray dryers for lignin production in Turkey.

Rayonier Advanced Materials

Rayonier Advanced Materials is a cellulose based technology company. The company manufactures lignosulfonate made from softwood sourced locally from countries such as Canada and France. In June 2018, the company made a joint venture with Borregaard for lignin production in Florida.

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Sappi Limited

Sappi Limited is one of the leading companies in the lignosulfonate market. The company offers lignosulfonate to several industries, such as construction, agriculture, and feeding solutions. In March 2017, Sappi Limited made a partnership with CellMark to increase its global sales of Hansa lignin products.

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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

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