Kraft Lignin to Experience Diverse Market Growth by 2021
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Research and Markets, Dublin, Ireland, announced this past week the addition of the "Global Kraft Lignin Market Assessment Report, by Application & by Geography 2015 - 2021" report to its offering.
Kraft lignin is now identified as an emerging product market of lignin. It is produced in the sulfate cooking process of kraft paper production. This type of lignin covers a wide range of application products that are considered mid-range in terms of prices. They are currently available from pulp and paper producers in enough quantity to meet the expected industrial demand. As a result, it is considered as an effective commercial intermediate between lignosulfonates and organosolv lignin in semi-advanced industrial concepts that convert the material. It tends to be used in low value-added applications such as the production of process steam and energy. Kraft lignin based major products are carriers of pesticides and fertilizers, carbon fibers, binders and resins, activated carbon, and ion exchange resins.
This high purity lignin has major future applications in the aromatic group. In this report, kraft lignin market is segmented as fertilizers and pesticides, thermoplastic polymers, binders and resins, and others (carbon fiber, etc.). Fertilizers and pesticides represent the major application followed by others that include carbon fibers, etc. Kraft lignin has many additional potential uses growing towards niche applications market. Uses in carbon fibers, activated carbon, phenolic resins, vanillin, BTX, bitumen, and many others are among the emerging applications of kraft lignin.
In the coming future, the value for kraft lignin is expected to grow steadily giving rise to aromatic application in the global market. During this same period, volume consumption is also expected to increase over the forecast period of 2014-2021.
Key market players include:
- Alberta Pacific Forest Industries
- Domtar Corp.
- Innventia Ab
- WestRock
- Sigma Aldrich
- Stora Enso.