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Kraft Lignin Products Market

Kraft Lignin Products Market Analysis By Application (Fertilizers and Pesticides, Polymers/Plastics, Binders and Resins, Phenol and Derivatives, Activated carbon and Carbon fibers), By Region (North America, Europe, Asia Pacific, South America and Middle East and Africa) to 2023

  • ID : 25304652  |  
  • Published : Feb-2019  |  
  • Region : Global  |  
  • Pages : 150   |  
  • Publisher : Mordor Intelligence

Kraft Lignin Products Market Size and Growth Rate:

According to the latest reports published by Research Cosmos, Kraft Lignin Products Market is expected to witness a healthy growth, at an estimated CAGR of 7.30%, over the period of 2018-2023.

Kraft Lignin Products Market – Growth Drivers and Restraints:

The market is driven by the rising demand for carbon fibers. Increasing consumption of activated carbon is likely to act an opportunity for the market’s growth.

Kraft lignin is one of the key renewable raw materials for the manufacture of carbon fibers. Kraft lignin is converted into carbon fiber through melt spinning process and saves a lot of time, as compared to other raw materials. Another advantage of kraft lignin based carbon fiber is a significant decrease in manufacturing costs. Hence, the demand for carbon fiber in various applications is in turn boosting the demand for kraft lignin. Carbon fibers are increasingly being used in different industries owing to it high strength and lightweight property. The carbon fiber is used in lightweight CNG tanks, which are used in automobile as an alternative fuel. The renewable energy market is growing rapidly, across the world, due to several reasons, which include CO2 emissions, ozone depletion, limited fossil fuel resources, and fuel efficiency. Carbon fibers have experienced a widespread use in the automotive industry owing to their ever-higher strength-to-weight ratios, corrosion resistivity, and workability features. They are replacing metal in various automotive applications, due to their light-weight but tough features, which contributes to lesser fuel consumption. There is demand for having system and body parts that are durable, offer better performance, and be lightweight. In a typical automobile, the use of fibers is 50% by volume while adding just 10% of weight. With such aforementioned high potential market in future, the increasing demand for carbon fiber is expected to boost the commercial market for kraft lignin, across the world.

Kraft lignin is used in the manufacturing process of fertilizers and pesticides. For instance, Urea is made up of 90‐99% urea 1‐10 lignin by wt%. Lignin is consumed either directly or chemically modified, as a binder, dispersant agent for pesticides or herbicides, emulsifier, and as a heavy metal sequestrate. Black liquors from Kraft pulping and Sulfite process have been used as a source of sulfate and sulfite lignin, respectively. Kraft lignin products has been applied as an additive for restoring vegetation on road slope and mountain ranges. Pulverized and oxidized lignin, when mixed with other chemicals, is also utilized as a soil water retention agent in acidic dry land or desert soil conditions, or as a binder for fertilizer. Kraft lignin is abundantly used as a controlled-release fertilizer coating, since this by-product exhibits properties that make it an ideal substance for application in soil together with conventional mineral fertilizers. Geographically, North America leads the way in the consumption of kraft lignin as urea additive. The significant agricultural boom that is underway in the region, are expected to boost the regional market.

Kraft Lignin Products Market – Geographical Overview:

North America is the largest producer of the global kraft lignin products, majorly dominated by Canada and United States. A shift in industry preference to biobased products, due to the need of reducing dependence on fossil sources, is expected to continue as a key driver for kraft lignin products market growth in the region, during the forecast period. In Canada, there is a kraft lignin surplus of approximately 1.06 million metric ton per year (after ensuring pulp mills’ recovery boiler demand) from the 23 pulp mills, which may be used for production of value-added biobased products. This kraft lignin supply can create a USD 1.5 billion lignin-based bioproducts industry, which is one of the major opportunities in the future. Lower molecular weight and higher reactivity depolymerized kraft lignin is a promising bioreplacement for petroleum-based chemicals, such as phenols and polyols for the synthesis of biophenol formaldehyde or biopolyurethane resins. Although, kraft lignin is currently used mainly for the production of bioenergy in pulp mills, 60%–70% of the recovery boilers in North America have capacity limitations (bottleneck), which results in a surplus of kraft lignin. This excess of kraft lignin is now beginning to be extracted for the production of biobased chemicals and materials. For example, West Fraser’s FPInnovations LignoForce technology started to remove 30 metric ton per day excess lignin in its pulp mill in Hinton, Alberta, aiming for higher value-added applications, such as resins. Such Innovations by key players are expected to further boost the kraft lignin products market in the region during the forecast period.

Some of the promising companies leading the Kraft Lignin Products Market are:

  1. Stora Enso
  2. WestRock
  3. Domtar Corporation
  4. West Fraser
  5. Innventia Group
  6. Resolute forest products
  7. NIPPON PAPER INDUSTRIES CO. LTD
  8. Suzano
  9. UPM Biochemicals
  10. Rayonier Advanced Materials
  11. Borregaard Lignotech
  12. Weyerhaeuser Company

This research report includes following segmentation for the Kraft Lignin Products Market size and forecast until 2023:

Kraft Lignin Products Market – By Application:

  • Fertilizers and Pesticides
  • Polymers/Plastics
  • Binders and Resins
  • Phenol and Derivatives
  • Activated carbon
  • Carbon fibers

Kraft Lignin Products Market – By Geographical Segmentation:

  • North America                                                

    • United States                              
    • Canada  

  • Europe                                                                               

    • United Kingdom                                         
    • Germany                                      
    • France                                        
    • Italy                              
    • Spain                                          
    • Asia-Pacific                                                   
    • China                                           
    • India                                           
    • Japan                                           
    • South Korea                               

  • Latin America                                                                             

    • Brazil                                          
    • Argentina                                    
    • Mexico                                       

  • Middle-East & Africa                                                    

    • Middle-East
    • Africa

  1. Introduction                                                                       
  2. Research Methodology                                                                     

    1. Analysis Design                                               
    2. Research Phases                                                             

      1. Secondary Research                                    
      2. Primary Research                                        
      3. Expert Validation                                         

    3. Study Timeline                                                

  3. Overview                                                                           

    1. Executive Summary                                                        
    2. Key Inferences                                                 
    3. New Developments                                                        

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                              

    1. Kraft Lignin Products Market  Drivers                                                
    2. Kraft Lignin Products Market  Restraints                                                           
    3. Key Challenges                                                
    4. Current Opportunities in the Kraft Lignin Products Market                                                               

  5. Kraft Lignin Products Market  Segmentation                                                                      

    1. By Application

      1.  Fertilizers and Pesticides
      2.  Polymers/Plastics
      3.  Binders and Resins
      4.  Phenol and Derivatives
      5.  Activated carbon
      6.  Carbon fibers
      7.  Kraft Lignin Products Market  Estimates & Forecasts, by Function, 2018-2023       
      8.  Year on Year Growth Rates, by Type, 2018-2023       
      9.  Kraft Lignin Products Market  Attractiveness Index, by Function, 2018-2023

  6. Geographical Analysis

      1. North America Kraft Lignin Products Market

        1.  Introduction                               
        2.  United States Kraft Lignin Products Market                                
        3.  Canada Kraft Lignin Products Market

      2.  Europe Kraft Lignin Products Market

        1.  Introduction                              
        2.  United Kingdom Kraft Lignin Products Market                                             
        3.  Germany Kraft Lignin Products Market                                       
        4.  France Kraft Lignin Products Market                                           
        5.  Italy Kraft Lignin Products Market                                
        6.  Spain Kraft Lignin Products Market   

      3.  Asia-Pacific Kraft Lignin Products Market

        1.  Introduction                              
        2.  China Kraft Lignin Products Market                                            
        3.  India Kraft Lignin Products Market                                             
        4.  Japan Kraft Lignin Products Market                                            
        5.  South Korea Kraft Lignin Products Market

      4.  Latin America Kraft Lignin Products Market

        1.  Introduction                               
        2.  Brazil Kraft Lignin Products Market                                             
        3.  Argentina Kraft Lignin Products Market                                       
        4.  Mexico Kraft Lignin Products Market

      5.  Middle-East & Africa Kraft Lignin Products Market

        1.  Introduction                              
        2.  Middle-East Kraft Lignin Products Market                                   
        3.  Africa Kraft Lignin Products Market

  7. Strategic Analysis                                                              

    1. PESTLE analysis                                               

      1. Political                                         
      2. Economic                                     
      3. Social                                           
      4. Technological                               
      5. Legal                                            
      6. Environmental                                              

    2. Porter’s Five analysis                                                      

      1. Bargaining Power of Suppliers                                    
      2. Bargaining Power of Consumers                                 
      3. Threat of New Entrants                               
      4. Threat of Substitute Products and Services                                
      5. Competitive Rivalry within the Industry            

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users      

  8. Kraft Lignin Products Market  Leaders' Analysis                                                                  

    1. Stora Enso

      1. Overview                                      
      2. Product Analysis                                           
      3. Strategic Evaluation and Operations                                           
      4. Financial analysis                                         
      5. Legal issues                                  
      6. Recent Developments                                  
      7. SWOT analysis                                             
      8. Analyst View                                

    2. WestRock
    3. Domtar Corporation
    4. West Fraser
    5. Innventia Group
    6. Resolute forest products
    7. NIPPON PAPER INDUSTRIES CO. LTD
    8. Suzano
    9. UPM Biochemicals
    10. Rayonier Advanced Materials
    11. Borregaard Lignotech
    12. Weyerhaeuser Company

  9. Competitive Landscape                                                                     

    1. Kraft Lignin Products Market  share analysis                                                     
    2. Merger and Acquisition Analysis                                                    
    3. Agreements, collaborations and Joint Ventures                                                            
    4. New Product Launches                                                    

  10. Expert Opinions                                                               

    1. Kraft Lignin Products Market  Outlook                                                             
    2. Investment Opportunities                                                            

  11. Appendix                                                               

    1. List of Tables                                                     
    2. List of Figures

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