- Sodium Lignosulfonate
- Calcium Lignosulfonate
- Magnesium Lignosulfonate
Lignosulfonates Market was valued at USD 1,368.1 million in 2022 and is poised to grow at a CAGR of 3.8% over 2023-2029. Lignosulfonates are polymers obtained as a byproduct from the production of wood pulp using sulphite pulping. They are easily water-soluble and used as a water-reducing element and vital cement workability at high temperatures. They are also used as oil additives and as an intermediary in the fusion of several products. The use of lignosulphonates for binding and stabilization in road dust control is currently driving the market. They not only hold roads together better than calcium flakes and chlorides but also are greener and more cost-effective compared to other alternatives. Based on the application, animal feed binder is anticipated to show a significant growth rate in the market share over the forecasting period. According to the EFSA FEEDAP panel, the lignosulphonate binder is safe for all animal species. The development of renewable and sustainable products of lignosulphonates as a result of growing environmental and public health concerns led to an increased opportunity in the lignosulphonate market. Moreover, the use of lignosulphonate with concrete is currently in trend owing to less carbon dioxide emission as well as a reduction in water usage while cement mixing. But, the process for separation and ultrafiltration of lignosulfonate is very difficult as well as the corrosion of pulp digesters in the production of lignosulfonates due to the continuous use of chemicals is a major challenge for lignosulfonate manufacturers and has negatively impacted the market. However, with the increase in the building of residential and non-residential constructions, the requirement for oil additives in the oil and gas industry, and the rise in demand as water reducing agents is anticipated to boost demand for the forecast period.
Lignosulfonate Market Key Developments:
Fastest Growing Market
The market is expected to increase over the forecast period due to increased demand for concrete additives across the globe. The lignosulfonates can increase the compressive strength of cement concrete. Many lignosulfonate-based compounds like admixtures are used in construction sites. It also acts as a retarder and water reducer for concrete. Sodium lignosulfonate improves workability and significantly reduces the heat of hydration for cement hydration. The Lignosulphonates are relatively inexpensive and their water-reducing properties could be exploited at minimal cost. According to a journal published in IJARSE, lignosulphonate is made from renewable materials, and 14 kgs of Co2 is saved for every kg of lignosulphonate used in concrete. Furthermore, they are used in the nano cellulose market, oil well additives, animal feed additives, and water treatment are anticipated to offer growth of the lignosulfonate market over the forecast years.
The lignosulfonate market was valued at USD 1,368.1 million in 2022 and is expected to grow at 3.8% CAGR over the forecast period 2023 – 2029.
The increase in the use of lignosulphonate with concrete owing to less carbon dioxide emission as well as a reduction in water usage while cement mixing is a major trend in the lignosulfonate market.
The development of renewable and sustainable products of lignosulphonates as a result of growing environmental and public health concerns is a key opportunity for companies to enhance their revenue over the forecast years.
Borregaard, Sappi Limited, Rayonier Advanced Materials, Nippon Paper Industries Co., Ltd, Ingevity, Burgo Group, Dallas Group of America, Inc, Green Agrochem, Tokyo Chemical Industry, Tianjin Yeats Additive Co., Ltd., Shenyang Xingzhenghe Chemical Co., Ltd, Cardinal Chemicals Pvt Ltd, Abelin Polymers, Henan Yulin Chemical Co., Ltd are a few companies operating in the lignosulfonate market.