LONDON, April 20, 2016 /PRNewswire/ -- Kraft lignin is an emerging product market of lignin. It is produced in the sulphate cooking process. It covers a wide range of application products that are considered mid-range in terms of prices. They are available from pulp and paper producers in enough quantity to meet the industrial demand. Hence, it is considered as an effective intermediate between lignosulfonates and organosolv lignin. Its major part 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 & resins, activated carbon, and ion exchange resins. This high purity lignin has major application in 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 is the major application followed by others that include carbon fibers, etc. Kraft lignin has many potential uses growing towards niche applications market. Uses in carbon fibers, activated carbon, phenolic resins, vanillin, BTX, bitumen and many others are the emerging applications of kraft lignin.
In the coming future, it is expected to grow steadily giving rise to aromatic application in the global market. In addition, the volume consumption is expected to increase over the forecast period 2014-2021. Leading companies in kraft lignin based products are Domtar Corporation, MeadWestvaco Corporation, and others. Decision Databases is involved in providing research reports and company profiles in the global kraft lignin market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The kraft lignin market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our kraft lignin profiles.
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