Sodium Lignosulfonate Market is Flourishing Worldwide

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The sodium lignosulfonate market has remained somewhat consolidated thus far, and this is anticipated to continue over forecasted timeframe.

Market Analysis and Size

The sodium lignosulfonate market has remained somewhat consolidated thus far, and this is anticipated to continue over forecasted timeframe. Integration of the value chain is a prominent feature in this industry, and it is helping key companies increase their market share. Several prominent competitors in this market are active in the manufacturing of sodium lignosulfonate raw materials, indicating their presence at various stages along the sodium lignosulfonate value chain. Therefore, the market is estimated to witness significant growth over the forecasted period.

Global Sodium Lignosulfonate Market was valued at USD 642.00 million in 2021 and is expected to reach USD 1103.08 million by 2029, registering a CAGR of 7.00% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

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Market Definition

Sodium lignosulfonate is used as a defoaming agent in paper production and in adhesives for food-contact goods.  It is used as a preservative in animal feeds and possesses preservation qualities. The sodium salt of lignosulfonic acid, sodium lignosulfonate, is extremely soluble in water. This salt has a number of chemical qualities that are necessary in a variety of industries, including construction, oil and gas, and agriculture. Sodium lignosulfonate has exceptional water lowering capabilities; it lowers the setting rate of a concrete mixture while maintaining its flow ability. Sodium lignosulfonate is widely utilized in the building industry because of this feature. It’s also utilized in pesticide manufacture to boost susceptibility and wettability. Furthermore, sodium lignosulfonate is employed as a cement addition as well as in oil well additives.

1.      The market information covered in the global Sodium Lignosulfonate report not only assists businesses in taking sound and proficient decisions but also helps decide the advertising, promotion, marketing and sales strategy more gainfully. This report merges all-inclusive industry analysis with precise evaluations and forecasts which all together brings about absolute research solutions and maximum industry clarity for strategic decision making. This business report deals with several markets internationally including Asia, North America, South America, and Africa in accord with the client’s needs. To craft Sodium Lignosulfonate marketresearch report, the data has been gathered from the diverse corners of the globe by an experienced team of language resources.

Some of the major players operating in the sodium lignosulfonate market are

 

  • ADM (U.S.)
  • Darling Ingredients, Inc. (U.S.)
  • Ingredion (U.S.)
  • DuPont (U.S.)
  • Roquette Freres (France)
  • Borregaard AS (Norway)
  • Gelita AG (Germany)
  • CP Kelco U.S., Inc. (U.S.)
  • Avebe U.A. (Netherlands)
  • Nippon Paper Industries Co. Ltd., (Japan)
  • Domsjö Fabriker (Sweden)
  • Burgo Group S.p.A (Italy)
  • Qingdao Regal New Material Co., LTD. (China)
  • Green Agrochem (India)


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COVID-19 Impact on Sodium Lignosulfonate Market

The recent outbreak of coronavirus had a negative impact on the sodium lignosulfonate market. The building industry, on the other hand, has suffered a substantial setback as a result of the global epidemic. The global sodium lignosulfonate market has been adversely impacted by the building industry’s downturn. The epidemic has had a significant influence on the sodium lignosulfonate business as it largely impacted the construction sectors, and because the sodium lignosulfonate is widely employed in the construction sector and cements, the market was directly affected.  The global pandemic’s emergence has had a significant influence on the livestock market. The demand for many products, such as chicken, has nearly reached its lowest point. As a result, demand for animal feed has declined, and usage of sodium lignosulfonate in the form of animal feed binders has decreased as well. Therefore, the market witnessed financial setback during the pandemic especially due to the lockdowns and other restrictive measures.

Global Sodium Lignosulfonate Market Scope

The sodium lignosulfonate market is segmented on the basis of product and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Dry Sodium Lignosulfonate
  • Liquid Sodium Lignosulfonate
  • Others

Application

  • Oil Well Additives
  • Concrete Admixture
  • Animal Feed Binder
  • Dust Control

  • Sodium Lignosulfonate Market Regional Analysis/Insights

The sodium lignosulfonate market is analyzed and market size insights and trends are provided by country, product and application as referenced above.

The countries covered in the sodium lignosulfonate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the sodium lignosulfonate market because of the robust demand for concrete admixtures within the region.

Asia-Pacific on the other hand, is estimated to show lucrative growth during the forecast period of 2022 to 2029 due to the rapid developments in infrastructure in the emerging economies such as India and China within the region.

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About Data Bridge Market Research:

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