29 July 2019 - Global Lignosulfonates
Market is expected to witness
considerable growth in the forecast period owing to the worldwide explosive
demand of lignosulfonates from the construction industry. Lignosulfonates are
water-soluble anionic polyelectrolyte polymers. They are derived from the
production of wood pulp with sulfite pulping. The wood is mainly composed of
three components as hemicellulose, cellulose, and lignin.
During
the sulfite pulping procedure, the lignins are water-soluble and sorted as
insoluble cellulose and soluble cellulose. The separated soluble lignins are
known as lignosulfonates. Lignosulfonates are greatly versatile and hold wide
range of industrial applications. Although lignosulfonates are commonly
associated with construction of public roads & dust control, they are also
used as dispersants, emulsifiers, and binders, in several products like gypsum
board, micronutrients and animal fodder pellets.
The
increase in demand for lignosulfonates from animal fodder industry is one of
the major driving factors for the growth of market and is predicted to continue
growing in future as well. Additionally, the speedy growth in construction
industry is estimated to boost market in future. On the contrary, the probable
threat from product substitutions is expected to hamper the growth of lignosulfonates
market in the years to come. However, the increase in demand for animal fodder
binder especially from emerging economies is anticipated to create favorable
opportunities for the market players globally.
Polycarboxylic
ether, sulfonated naphthalene formaldehyde and sulfonated melamine formaldehyde
are stiff competition and substitution to lignosulfonates market in application
industries like animal fodder binders and oil well additives. Moreover, there
are several animal fodder binders with bentonite & clay, guar meal &
starch, wheat. Synthetic binders like urea-formaldehyde might affect the growth
of market negatively in the coming years. Nevertheless, the growing oil
production in Middle East & Africa is predicted to boost progressively in
near future, thereby driving the lignosulfonates market.
Lignosulfonates
are added in cement to produce high-quality concrete. It helps in enhancing the
cement and concrete quality. Demand for lignosulfonates is predicted to grow in
concrete admixtures application industry due to the increasing investments in
infrastructure segment. This trend is expected to increase infrastructure
investments globally. The adoption of ecofriendly products is on the rise due
to various initiatives by governments across the globe. Depletion of natural
resources ad global warming are the reason for the rising focus on
environment-friendly products. The growing use of concrete admixtures in
construction industry is also stimulating lignosulfonates market.
The
market is categorized on the basis of product, application and geography. On
the basis of product, market can be divided into sodium ligosulfonate,
magnesium lignosulfonate, calcium lignosulfonate, and others. Sodium
ligosulfonate is expected to dominate the market owing to its extensive use as
pellet binder for animal fodder and as cost-effective plasticizer in concrete
admixtures.
Based
on application, market is classified into oil well additives, dust control,
animal fodder binder, concrete additives, and others (leather tanning,
plasterboard, and additive for lead batteries). Owing to the increase in demand
for animal fodder worldwide, animal fodder binder is predicted to lead
lignosulfonates market in the years to come.
Geographically,
market is segmented as North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa. Owing to the growth in population and
industrialization, North America followed by Europe are expected to lead the
demand for lignosulfonates in future. The prominent players in lignosulfonates
market comprise Borregaard LignoTech, Sappi Limited, Tembec Inc., Nippon Paper
Industries Co. Ltd., and Burgo Group.
Market Segment:
Key Products
•
Calcium Lignosulfonate
•
Sodium Lignosulfonate
•
Magnesium Lignosulfonate
Key Applications
•
Agriculture
•
Animal Feed
•
Carbon Black
•
Concrete
•
Dust Control
•
Metallurgy
•
Oil & Mining
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