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(Construction.IndustryNews247.Com, September 18, 2018 ) Industry Trend Analysis
The Lignosulfonates Market was worth a significant market share in 2014 and is expected to garner great market size by 2023, while registering itself at a considerable compound annual growth rate (CAGR) during the forecast period. Lignosulfonates, or sulfonated lignin, are water-dissoluble anionic polyelectrolyte polymers, they are derived from the generation of wood mash utilizing sulphite pulping. They have a high molecular weight. It has a wide range of applications including applications in cement industry, oil mining, leather tanning, dyes, pesticides, organic polymerization, etc.
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Product Outlook and Trend Analysis
According Product Type the market of Lignosulfonates is divided into Magnesium Lignosulfonates, Calcium Lignosulfonates, Sodium Lignosulfonates, and Others. Sodium Lignosulfonates is the most utilized commercial form of lignosulphonates which is commonly used as a plasticizer additive in cement or concrete and also is used as a binder in animal feed pellets. Due to their high demand in developing countries for construction purpose, Sodium Lignosulfonates are expected to expand their hold in the market and dominate during the forecast. Calcium lignosulfonate is another form of Lignosulphonate which is also highly commercialized and used in industries as oil well additives and also in animal feed. Magnesium Lignosulfonates is mainly used in animal feeds due to its anti-microbial properties. It is also used in various dust control applications.
End use Outlook and Trend Analysis
Oil Well Additives, Concrete Additives, Animal Feed Binder, Dust Control, Others are various End-users in the Lignosulphonates Industry. As these are water-reducing admixtures which also help in increasing the density of the cement, these are extensively used in the concrete industry. Due to the high demand from concrete industry this segment of concrete additives is expected to grow lucratively during the forecast period. Lignosulphonates are excellent binders and are hence used as animal feed binder, also it benefits the animals by providing them with many essential nutrients that help animal prevent from gastrointestinal diseases.
Regional Outlook and Trend Analysis
According to the region, the Lignosulfonates Market is segmented as North America, Asia-Pacific, Europe and South America and Middle East & Africa. Europe Region is dominating the market in terms of value and volume due to expansion of construction industry across the Europe region. Also the presence of huge numbers of animal feed industries and their high demand for lignosulphonates is boosting the Europe market for lignosulphonates. The Asia-Pacific market will further lead the market during the forecast owing to increasing construction in region and rising demand for water reducing agents. Middle East and Africa will follow APAC region in terms of growth.
Competitive Insights
The leading players in the market are Shenyang Xingzhenghe Chemical Co. Ltd, Borregaard, Burgo Group, Wuhan Xinyingda Chemicals Co. Ltd., and Tembec Inc. (Rayonier Advanced Materials). The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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The Lignosulfonates Market is segmented as follows-
By Product:
Magnesium Lignosulfonates
Calcium Lignosulfonates
Sodium Lignosulfonates
Others
By End Use:
Oil Well Additives
Concrete Additives
Animal Feed Binder
Dust Control
Others
By Regions:
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Southeast Asia
Rest of Asia Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
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Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
Source: EmailWire.Com 
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