Published on : Oct 18, 2017
Albany, New York, October 18, 2017: It has been observed that the global sodium lignosulfonate market is consolidated at a moderate level and expected to remain as it is by the end of the projected year. The remarkable characteristics in this market is an integration of the system of the value chain that serves the revenue share of the various key players in the global market of lignosulfonate. Another feature of this market is an the various key vendors in this market are engaged in the manufacturing and production of raw material for the chemical of sodium lignosulfonate which is marking their existence at several points in the value chain for sodium lignosulfonate. According to the new research report, “Sodium Lignosulfonate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” that has been added in the database of Market Research Hub (MRH), the global market for sodium lignosulfonate which is expanding at a moderate CAGR of 4.3% throughout the forecasted period, is likely to be valued at US$ 446.14 Mn by the end of 2025. In 2016, this market was accounted for the US$ 306.47 Mn.
Global Sodium Lignosulfonate Market- Segmental Analysis
This market is segmented into application and type. The type segment of the global market for sodium lignosulfonate is further segmented into liquid and dry. Among these two, dry type of sodium lignosulfonate is expected to lead the market by both volume and revenue. The significant reason for the domination of this market is huge number of applications for example, gypsum boards, animal feed binder, concrete admixture, and dust suppressants.
The application segment of the global market is consists of gypsum plasterboards, concrete admixture, dust suppressants, oil well additives, agriculture chemicals, lead batteries, animal feed binder and others. Among these segments, the significant application segment ois concrete admixture accounts, followed by animal feed binder.
Global Sodium Lignosulfonate Market- Regional Analysis
Among the five regions that have been covered in this report, Europe region has dominated the market with around 35% revenue share in the year 2016. One of the important reason behind Europe leading the market is the countries like U.K., Germany, Poland, Netherlands, Spain, and Sweden are main importers of lignosulfonate. On the other hand, countries like Sweden, Netherlands, Austria, Russia and Germany are the significant exporters of lignosulfonate.
Nevertheless, the region of Asia pacific is expected to outshine by growth during the projected period. This is due to huge level of imports and exports of sodium lignosulfonate in the region of China. In the years to come Thailand, China, India and some of the counties in Southeast Asia are likely to show a tremendous demand for the product of concrete admixtures, which will be advantageous to the global market of lignosulfonate. Two regions such as MEA and Latin America are small markets for sodium lignosulfonate compare to other regions.
Global Sodium Lignosulfonate Market- Competitive Landscape
Some of the most prominent key vendors that are functioning in the market are Nippon Paper Industries Co. Ltd., Borregaard LignoTech, Burgo Group, Tembec, and Sappi.
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