Lignosulfonates Market Forecasted to Hit $1.4 Billion by 2027: Surging Applications in Concrete Admixtures and Animal Feed Boost Growth
Verfasser: ashwani_kailiya on Wednesday, 7 February 2024The global Lignosulfonates Market is expected to grow from USD 1.2 billion in 2022 to 1.4 billion by 2027, at a CAGR of 3.6%. In a world where sustainability and eco-friendliness are becoming paramount, the search for innovative and eco-conscious solutions has led to the resurgence of interest in lignosulfonates. Derived from lignin, a natural polymer that forms the structural framework of plants, lignosulfonates have emerged as a versatile and eco-friendly additive with applications spanning across diverse industries.
The Essence of Lignosulfonates: Lignosulfonates are a byproduct of the pulping process used in the paper and pulp industry. Historically considered as waste, these compounds are now recognized for their potential in multiple sectors due to their remarkable binding, dispersing, and chelating properties. The process of obtaining lignosulfonates involves sulfonation of lignin, resulting in a water-soluble compound with a wide range of applications.
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