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lignosulfonates market New Research Report Announced; Global Industry Analysis 2017 – 2023

Author : Ravi Chawat | Published Date : 2021-02-19 

Lignosulfonates Market size was USD 700 million in 2015, and is anticipated to grow with more than 3.5% CAGR.

Global lignosulfonates market size is mainly driven by robust growth in construction sector. It is primarily used as a water-reducing chemical and imparts the necessary cement workability even at elevated temperatures. Asia Pacific and Middle East & Africa are the major regions prone to severe problems associated with elevated temperatures, which reduces the cement workability. These are typically used as plasticizers, while modified lignosulfonates are used as superplasticizers. In addition, it can be easily blended with other water-reducing chemicals such as sulfonated naphthalene formaldehyde (SNF), which makes them ideal for individual and combined usage in concrete admixtures application. Factors such as infrastructure development and population growth in BRIC nations will boost lignosulfonates market size in residential and non-residential buildings. Furthermore, low product cost makes them more suitable for usage in these nations, where water-reducing chemicals demand is considerably high.

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Global animal feed production was over 970 million tons in 2015 and might exceed 1 billion tons by 2024. Lignosulfonate is mainly used as animal feed binders (pellet binders) in the animal feed industry. It provides necessary calcium and sodium, which serve as inorganic electrolytes appropriate for animal health. In addition, they balance the beneficial bacteria in the animal body and promote feed efficiency, thereby increasing body animal weight up to 10%. Significant reduction in cecal pH takes place when calcium lignosulfonate is added to the feed. This is ultimately beneficial to the gastrointestinal tract animal’s health.

Sulfonated naphthalene formaldehyde, sulfonated melamine formaldehyde and polycarboxylic ether gives stiff substitution threat to lignosulfonate market share in application segments such as oil well additives and animal feed binders. Also, there are several animal feed binders including wheat, bentonite & clay, guar meal & starch and synthetic binders such as urea-formaldehyde which may negatively influence the industry growth. However, oil production in the Middle East & Africa stood at over 23 million barrels per day in 2010 and is projected to increase up to 28 million barrels per day in 2024.

Sodium lignosulfonate market size was valued at over USD 290 million in 2015. It is the most commercialized product, which is primarily preferred in concrete admixtures as a plasticizer and pellet binder in animal feed.

Sodium lignosulfonates market share is projected to experience gains more than 3% CAGR. It is primarily used in animal feed application, mainly due to its antimicrobial and preservative properties similar to sodium and calcium lignosulfonate. Furthermore, it is used as a substitute for conventional chloride materials in dust control applications.

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https://www.gminsights.com/industry-analysis/bitumen-emulsifiers-market

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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