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Lignosulfonates Market Share

Report ID: GMI786
Published Date: Sep 2016
Report Format: PDF

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Lignosulfonates Market Share

Global lignosulfonate industry share is high consolidated with six major industry participants having accounted more than half of global share in 2015. :

Borregaard LignoTech
Tembec Inc.
Nippon Paper Industries Co., Ltd.
Burgo Group S.p.A.
Domsjö Fabriker AB
Qingdao New World Material Co. Ltd

are key industry participants. Other market share contributors are Sappi Limited, Flambeau River Papers LLC, Green Agrochem, and Shenyang Xingzhenghe Chemical Co., Ltd.

Distribution channels in the lignosulfonates market comprise direct selling, distributors and online traders. Companies such as Bisley & Company Pty. Ltd. and Wintersun International Inc. act as distributors in various regions. Furthermore, most manufacturing companies operating in this market supply products to clients through their own distribution channels, i.e., through direct selling. Sappi Limited has engaged Chemische Werke Zell-Wildshausen GmbH (CWZ) for marketing its products.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The global lignosulfonates industry size attained close to USD 700 million in annual revenue in 2015 and is pegged to expand at a 3.5% CAGR up to 2024 owing to significant developments in the construction sector.

The sodium lignosulfonate market share is anticipated to witness a CAGR of more than 3% through 2024 driven by higher usage in animal feed applications.

The overall market revenue from animal feed binders is likely to rise substantially at a growth rate of 4% through 2024 due to the increasing need for enhancing the animal weight and gastrointestinal health.

Asia Pacific is poised to observe gains at over 4.5% up to 2024 owing to the higher construction expenditure in countries including China, India, and Japan.