Lignosulfonates Market to Expand at CAGR of 3.5% During 2021-2031; Increased Product Demand from Animal Feed Industry to Offer Lucrative Avenues to Market Players, Notes TMR Report

ALBANY, N.Y., Oct. 21, 2021 /PRNewswire/ -- Lignosulfonates find application in a wide range of end-use industries, including concrete additives, animal feed binders, dust control, and oil well additives industries. This wide product application is expected to create lucrative avenues for companies operating in the global lignosulfonates market in the upcoming years. ALBANY, N.Y.,Oct. 21, 2021/PRNewswire/ -- Lignosulfonates find application in a wide range of end-use industries, including...

ALBANY, N.Y., Oct. 21, 2021 /PRNewswire/ -- Lignosulfonates find application in a wide range of end-use industries, including concrete additives, animal feed binders, dust control, and oil well additives industries. This wide product application is expected to create lucrative avenues for companies operating in the global lignosulfonates market in the upcoming years.

Calcium lignosulfonates, sodium lignosulfonates, ammonium lignosulfonates, chrome lignosulfonates, and magnesium lignosulfonates are some of the product types available in the global lignosulfonates market.

The analysts at Transparency Market Research (TMR) expect the global lignosulfonates market to grow at a CAGR of 3.5% during the forecast period of 2021 to 2031.

Manufacturers in the lignosulfonates market are increasing investigation of the structural features of differing molecular weight fractions of lignosulfonate and the effect of these structures on the properties as a die dispersant.

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Lignosulfonates Market: Key Findings

Several companies engaged in the global lignosulfonates market are focusing on the expansion of their product portfolios. For instance, many enterprises are developing lignin-based biopolymers that are renewable and can be utilized as a wood-based substitutes to fossil-based chemicals. Many players such as Borregaard are increasing their production capabilities of lignin-based biopolymers, which find wide application as dispersing agents, crystal growth modifiers, and binders.

Calcium lignosulfonate is gaining impetus, owing to its increased use as a water-reducing admixture for ceramic body reinforcing agent, pesticide suspension concentrates, and cement. Moreover, the product is increasingly being utilized for various purposes such as tanning agents in leather, carbon black granulation agents, and coal lurry dispersants.

Calcium lignosulfonate is used in rubber, pesticides, and resin. It is also employed in lead batteries in order to act on crystallization of lead sulfate, which allows for the improved battery life. With significant growth in the demand for this product, companies operating in the global lignosulfonates market are focusing on strengthening their production capacities for calcium lignosulfonate.

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Lignosulfonates Market: Growth Boosters

The demand for lignosulfonates is increasing from the animal feed industry due to their wide use as animal feed binders (pellet binders) and to improve the feed properties of pellets.

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Lignosulfonates Market: Regional Analysis

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Lignosulfonates Market: Key Players

Some of the key players in the lignosulfonates market are:

Lignosulfonates Market Segmentation

Product Type         

End-use       

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