Global Sodium Lignosulfonate Market, By Product (Dry Sodium Lignosulfonate, Liquid Sodium Lignosulfonate, Others), Application (Oil Well Additives, Concrete Admixture, Animal Feed Binder, Dust Control) – Industry Trends and Forecast to 2030.
Sodium Lignosulfonate Market Analysis and Size
The global sodium lignosulfonate market has remained somewhat consolidated thus far, and this is anticipated to continue over the forecast period. 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.
Data Bridge Market Research analyses that the global sodium lignosulfonate market was valued at USD 669.29 million in 2022, and is expected to reach the value of USD 933.73 million by 2030, at a CAGR of 4.25% during the forecast period of 2023 to 2030. “Dry Sodium Lignosulfonate” dominates the product segment of the global sodium lignosulfonate market part due to the growing construction industry worldwide, especially in emerging economies, has led to an increased demand for sodium lignosulfonate to enhance concrete performance, improve workability, and reduce water usage. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Sodium Lignosulfonate Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015-2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Product (Dry Sodium Lignosulfonate, Liquid Sodium Lignosulfonate, Others), Application (Oil Well Additives, Concrete Admixture, Animal Feed Binder, Dust Control)
|
|
Countries Covered
|
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa
|
|
Market Players Covered
|
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.) and 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) and Green Agrochem (India)
|
|
Market Opportunities
|
|
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.
Global Sodium Lignosulfonate Market Dynamics
Driver
- High Utilization Across End Users
It is largely utilized in concrete admixtures, as a binder for coke or industrial metal powder, feed additives, and other applications. Sodium lignosulfonate is used in the formulation of oil drilling pulp to help manage drilling mud mobility by reducing mud viscosity and shear force. This chemical is utilized as a plasticizer in concrete and is suited for usage in dam, building and thruway construction projects. It is mostly employed in the construction of residential and non-residential structures. Apart from dust suppressants, gypsum plasterboards, animal feed binders, and oil well additives, it has a wide range of uses.
Opportunity
- Investments and Untapped Potential
The heavy investments for the research and development activities to discover novel insights and eventually increase revenues further extend profitable opportunities to the market players in the forecast period of 2023 to 2030. In addition, the untapped potential in emerging markets will further expand the future growth of the global sodium lignosulfonate market.
Restraint/Challenge
- Availability of Substitutes
The availability of substitutes such as sulfonated naphthalene formaldehyde, sulfonated melamine formaldehyde, and polycarboxylic ether will prove to be a demerit for the sodium lignosulfonate market. Therefore, this will challenge the global sodium lignosulfonate market growth rate.
This global sodium lignosulfonate market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global sodium lignosulfonate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2021, NatureWorks LLC introduced a fresh variant of Ingeo PLA labeled as Ingeo 4003D. This particular grade is meticulously tailored for applications involving 3D printing, boasting exceptional printability, elevated heat resistance, and biodegradability. It discovers utility in areas like prototyping, packaging, and consumer goods.
- In 2020, BASF SE signed a strategic agreement with Lactips, a French start-up, to develop bio-based and biodegradable films made from milk protein. This collaboration aimed to use Lactips' unique technology to create sustainable packaging solutions for a variety of industries, including food and cosmetics
Global Sodium Lignosulfonate Market Scope
The global sodium lignosulfonate market is segmented on the basis of product and application. The growth amongst these segments will help you analyse 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
Global Sodium Lignosulfonate Market Regional Analysis/Insights
The global 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 global 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 global 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 in the global sodium lignosulfonate market over the forecast period of 2023 to 2030, due to the rapid developments in infrastructure in the emerging economies such as India and China within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Sodium Lignosulfonate Market Share Analysis
The global sodium lignosulfonate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global sodium lignosulfonate market.
Some of the major players operating in the global 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)
SKU-