Global Sodium Lignosulfonate Market Booming Trends and Forecast Assessment for the Period 2017 – 2025

Posted on 2018-05-10 by Mark Hub in Industrial // 0 Comments

Albany, USA, 2018-May-10 — /EPR Network/ —In order to study the various trends and patterns prevailing in the overall market for Sodium Lignosulfonate, Market Research Reports Search Engine (MRRSE) has included a new report titled “Sodium Lignosulfonate Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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The global sodium lignosulfonate market is moderately consolidated with the dominance of a few key companies that have global presence, according to a market publication by Transparency Market Research (TMR). The market is characterized by integration across the value chain with multiple key players involved in the production of raw materials for the manufacture of lignosulfonate.

According to TMR, the global sodium lignosulfonate market is dominated by some key players, namely Borregaard LignoTech, Sappi, Burgo Group, Tembec, and Nippon Paper Industries Co. Ltd. The report says that the global sodium lignosulfonate market is likely to expand at a steady 4.3% CAGR between 2017 and 2025, for the market to be worth US$446.14 mn by 2025-end. The market stood at a valuation of US$306.47 mn in 2016.

Among the key application segments, concrete admixture leads in the global sodium lignosulfonate market. However, in terms of growth potential, animal feed binder and oil well additives are likely to gain pace over the forecast period.

Europe is a significant market for sodium lignosulfonate, with the region holding the leading share of more than 35% vis-à-vis revenue in 2016. In the upcoming years, Asia Pacific is expected to lead in terms of growth potential followed by Middle East & Africa.

The global sodium lignosulfonate market is primarily driven by new construction undertakings and pursuits for renovation of old buildings. The low cost factor of sodium lignosulfonate account for its widespread use predominantly in developing countries, where demand for water-reducing chemicals is considerably high.

Besides this, factors such as infrastructure development and growing population in developing economies is also anticipated to boost the demand for sodium lignosulfonate. This is because construction industry makes use of large amount of cement for residential, commercial, and industrial construction undertakings.

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The sodium lignosulfonate market also receives impetus from growth in upstream and downstream industries associated with the oil sector. In the Middle East, oil companies are making efforts to augment oil production to serve the ever-increasing demand from downstream industries. The best oil production practices involve different additives to maintain intactness of various drilling factors and improve oil extraction. Sodium or calcium lignosulfonate are some of the widely used oil well additives in oil production. Generally, lignosulfonates in purified, filtered, and modified forms are employed as oil well cement retarders. With the rise in demand for oil in downstream industries in the Middle East the demand for well additives will be on the rise. This will indirectly benefit the sodium lignosulfonate market in the Middle East.

The study provides a comprehensive view of the sodium lignosulfonate market by dividing it into type, application, and geography segments. Sodium lignosulfonate is available in two forms (type segments): dry and liquid. The applications are segmented into animal feed binder, concrete admixture, oil well additives, agriculture chemicals, dust suppressants, lead batteries, gypsum plasterboards, and others. These segments have been analyzed based on historic, present, and future trends.

Major application of sodium lignosulfonate is in the concrete industry. However, sodium lignosulfonate face steep competition from a number of substitutes in concrete admixture market such as sulfonated naphthalene formaldehyde, sulfonated melamine formaldehyde, and polycarboxylic ether. Besides the concrete admixtures segment, sodium lignosulfonate face steep competition in other application segments such as animal feed binders and oil well additives. Thus, application-specific substitutes are expected to act as a key restraint to the sodium lignosulfonate market during the forecast period.

Regional segmentation includes the current and forecast consumption of sodium lignosulfonate in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). Market segmentation includes demand for consumption in all the regions individually.

Global Sodium Lignosulfonate Market: Competitive Landscape

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include Borregaard LignoTech, Tembec, Sappi, Nippon Paper Industries Co. Ltd., and Burgo Group. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).

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The global sodium lignosulfonate market has been segmented as follows:

Sodium Lignosulfonate Market – Type Analysis

Dry Sodium Lignosulfonate
Liquid Sodium Lignosulfonate

Sodium Lignosulfonate Market – Application Analysis

Animal Feed Binder
Concrete Admixture
Oil Well Additives
Agriculture Chemicals
Dust Suppressants
Lead Batteries
Gypsum Plasterboards
Others

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