Lignosulfonates Market: Introduction
Transparency Market Research delivers key insights on the global lignosulfonates market. In terms of revenue, the global lignosulfonates market is estimated to expand at a CAGR of 3.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global lignosulfonates market.
The global lignosulfonates market is broadly affected by several factors, including increase in usage of lignosulfonates in various end-use industries such as animal feed binders, concrete additives, and dust control. The rise in the global demand for calcium lignosulfonates and sodium lignosulfonates has led to significant growth in the usage of lignosulfonates. The increase in production and demand for dust control is expected to be the primary driver of the global lignosulfonates market. The growth of the animal feed binders & concrete additives industry is also propelling the demand for lignosulfonates.
Get PDF sample for Industrial Insights and business Intelligence –
Lignosulfonates Market: Dynamics
Lignosulfonate is a brown amorphous powder. It has no odor and is not hygroscopic. It forms colloidal solutions or dispersions in water, but is insoluble in organic solvents. Lignosulfonates are biopolymers that are salts of lignosulfonic acid formed during the sulfite method of pulp production. Lignosulfonates differ in composition, as the wood differs. The extent of lignin degradation varies, as a different number of sulfonic groups may have been added. Lignosulfonates are used in animal feed binders, concrete additives, oil well additives, and dust control industries. The animal feed binders segment includes lignosulfonates, which are commonly used in commodities such as coal briquettes, ceramics, mineral dust briquetting, and production of plywood or particleboards.
The global animal feed binders sector is expected to expand considerably during the forecast period. Thus, the rise in the production of animal feed binders, concrete additives, and dust control is projected to boost the demand for lignosulfonates during the forecast period.
Manufacturers are focusing on the animal feed binders industry, as the share held by this segment is likely to increase during the forecast period.
Request for Custom Research – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=7355