Scienza e Tecnologia
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.
Calcium lignosulfonates, sodium lignosulfonates, ammonium lignosulfonates, chrome lignosulfonates, and magnesium lignosulfonates are some of the product types available in the global lignosulfonates market.
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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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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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Some of the key players in the lignosulfonates market are:
- https://www.transparencymarketresearch.com/green-concrete-market.html
- https://www.transparencymarketresearch.com/ion-pump-market.html
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