Global Sodium Lignosulphonate Market Analysis to 2030: Plant Capacity, Technology, Operating Efficiency, Demand & Supply, End-Use, Foreign Trade, Grade, Type, Sales Channel, Company Share
Dublin, March 13, 2023 (GLOBE NEWSWIRE) -- The "Global Sodium Lignosulphonate Market Analysis: Plant Capacity, Technology, Operating Efficiency, Demand & Supply, End-Use, Foreign Trade, Grade, Type, Sales Channel, Regional Demand, Company Share, 2015-2030" database has been added to ResearchAndMarkets.com's offering.
The global Sodium Lignosulphonate market stood at approximately 380 thousand tonnes in 2021 and is expected to grow at a CAGR of 4.61% during the forecast period until 2030. The global Sodium Lignosulphonate market is anticipated to reach approximately 550 thousand tonnes by 2030.
The primary market driver of the global Sodium Lignosulphonate market is the Construction industry, which is employed as a plasticizer in cement.
This chemical works as an additive to make the concrete soluble and improves the workability of the concrete by working as a plasticizer and water-reducing agent. Owing to rising construction projects, the demand for paints and cement is bound to increase, which will most likely propel the Sodium Lignosulphonate market in coming years.
Based on type, the global Sodium Lignosulphonate market is divided into Dry and Liquid types. Although, the dry type has a higher consumption and finds applications like building works, mineral powder, ceramics, chemical, leather industry, metallurgy sector, oil industry, fire-retardant materials, and rubber vulcanization. Additionally, it can also be used as an additive in animal feed because of its anti-microbial and preservative properties.
Based on grade, the Sodium Lignosulphonate market is segregated into - upto 50%, 51-60%, above 60%, and others. Although, the demand for 51-60% grade is the highest as this grade is the most versatile and employed in many different applications.
Europe is dominating the Sodium Lignosulphonate market, followed by North America. Europe accounted for a market share of about 40% of the global Sodium Lignosulphonate market in 2021. The high demand in these regions is primarily due to the application of sodium lignosulphonate in the construction sector.
Although, a considerable demand of sodium lignosulphonate is anticipated in countries like India, China, and Japan due to the fast-paced industrialization coupled with additional funds from the government. Moreover, Norway is the leading producer of this chemical followed by Sweden.
Based on the end-user industry, the Sodium Lignosulphonate market is segmented into sectors such as Construction, Animal Feed, Oil and Gas, Agriculture, Textile, and Others. Among these, the Construction industry is the leading segment and accounted for around 40% of the share of total Sodium Lignosulphonate demand in 2021.
This industry is anticipated to dominate the global Sodium Lignosulphonate market owing to its property to make the concrete soluble and improves the workability of the concrete by working as a plasticizer and water-reducing agent. The demand for sodium lignosulphonate is predicted to rise due to construction projects in the following years.
Significant players in the Global Sodium Lignosulphonate market are
Borregaard Lignotech AB
Domsjo Fabriker AB
Anda Chemical Company Ltd
Years considered for this report:
Historical Period: 2015 - 2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2030
Key Topics Covered:
1. Capacity By Company
You can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Sodium Lignosulphonate.
2. Capacity By Location
To better understand the regional supply of Sodium Lignosulphonate by analyzing its manufacturers' location-based capacity.
3. Production By Company
Study the historical annual production of Sodium Lignosulphonate by the leading players and forecast how it will grow in the coming years.
4. Demand by Type
Learn about the various types: Bisphenol A Based Resin, Bisphenol F Based Resin, Epoxy Phenol Novolac Based Resin, Cycloaliphatic Epoxy Based Resin, and Others and their demands. It will allow you to choose which type to concentrate on when designing your strategy.
5. Demand by Grade
Learn about the various grades of Sodium Lignosulphonate up to 50%, 51-60%, above 60%, and others, and their demands. It will allow you to choose which grade to concentrate on when designing your strategy.
6. Demand by End- Use
Discover which end-user industry (Paints & Coatings, Electrical & Electronics, Adhesives, Water Treatment Chemicals, and Elastomers, Textiles, Paper Industries, Ion Exchange Resins & Others) are creating a market and the forecast for the growth of the Sodium Lignosulphonate market.
7. Demand by Region
Analyzing the change in demand of Sodium Lignosulphonate in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Sodium Lignosulphonate. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Sodium Lignosulphonate.
10. Company Share
Figure out what proportion of the market share of Sodium Lignosulphonate is currently held by leading players across the globe.
11. Country-wise Export
Get details about quantity of Sodium Lignosulphonate exported by major countries.
12. Country-wise Import
Get details about quantity of Sodium Lignosulphonate imported by major countries.
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