Global Lignin-based Biopolymers Market Size To Exceed USD 1.62 Billion by 2033: Industry Report

Global Lignin-based Biopolymers Market Size To Exceed USD 1.62 Billion by 2033          

According to a research report published by Spherical Insights & Consulting, The Global Lignin-based Biopolymers Market Size is Expected to Grow from USD 1.16 Billion in 2023 to USD 1.62 Billion by 2033, at a CAGR of 3.40% during the forecast period 2023-2033. 

Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the Global Lignin-based Biopolymers Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Lignosulfonates, Kraft Lignin, Organosolv Lignin and Hydrolyzed Lignin), By End-use (Automotive, Construction, Packaging and Agriculture), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

The market for biopolymers made from lignin, a naturally occurring biopolymer present in wood and other plant tissues, is known as the lignin-based biopolymers market. From adhesives and packaging to building materials, these biopolymers provide a sustainable and renewable substitute for traditional petrochemical-based plastics. A class of biopolymers known as lignin-based biopolymers is made from the complex, naturally occurring polymer lignin, which is present in plant cell walls.  After cellulose, lignin is the second most prevalent biopolymer on Earth. This is because of their renewable source, biodegradability, and potential for a variety of uses, these biopolymers are materials with great promise. Furthermore, the market for lignin-based biopolymers is being driven by the pulp and paper industry's scalable and reasonably priced lignin supply.  The shift to high-value downstream applications is a logical progression for value chain optimization, given that more than 50 million tons of lignin are produced each year as a low-value byproduct, especially in North America, Europe, and some Asian economies.  However, the complexity and recalcitrance of lignin, which make it challenging to depolymerize and alter for intended uses, are major challenges.

The lignosulfonates sealing segment dominated the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the product type, the global lignin-based biopolymers market is divided into lignosulfonates, kraft lignin, organosolv lignin, and hydrolyzed lignin. Among these, the lignosulfonates sealing segment dominated the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is because of their excellent dispersing properties and widespread use in industrial applications like agrochemicals, animal feed binders, and concrete admixtures.  This is due to their capacity to improve flow characteristics in fertilizer and pesticide formulations and reduce water in cement, lignosulfonates are becoming more and more popular as building activities increase throughout Asia.

The automotive segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the end-use, the global lignin-based biopolymers market is divided into automotive, construction, packaging, and agriculture. Among these, the automotive segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. In the automotive industry, OEMs are incorporating lignin-based biopolymers into composites, under-the-hood structures, and interior components in response to pressure to reduce vehicle weight and carbon emissions.

North America is anticipated to hold the highest share of the global lignin-based biopolymers market over the projected period.

North America is anticipated to hold the highest share of the global lignin-based biopolymers market over the projected period. This is fueled by an increase in public-private collaborations aimed at creating bio-refineries of the future.  Investments in lignin valorization for use in high-performance polymers and energy applications are coming from the Clean Fuels Fund in Canada and the Bioenergy Technologies Office of the U.S. Department of Energy. 

Asia Pacific is estimated to grow at the fastest CAGR in the global lignin-based biopolymers market during the forecast period. This is ascribed to growing environmental concerns and industrial output, especially in China, India, and Japan. To lessen air and water pollution brought on by agro-industrial waste, regional governments are funding bio-based industrial parks and promoting lignin valorization.

Company Profiling

Major vendors in the global lignin-based biopolymers market are Borregaard, Stora Enso, UPM Biochemicals, MetGen, Ingevity, Lignolix, West Fraser, and others. 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development 

• In December 2024, to increase the market reach of their cutting-edge bio-based plastic, Renol, Lignin Industries partnered with Hellyar Plastics, the top independent compounder and distributor of polymers in the UK. To scale the commercialization of Lignin's patented technology, these companies are prepared to launch the first products commercially after working together for 18 months and testing the product with customers.  Renol's introduction to new markets in the UK and abroad was the main goal of the agreement.  Since the announcement contained no financial information, currency conversion was not relevant.

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global lignin-based biopolymers market based on the below-mentioned segments: 

Global Lignin-based Biopolymers Market, By Product Type

• Lignosulfonates
• Kraft Lignin
• Organosolv Lignin
• Hydrolyzed Lignin

Global Lignin-based Biopolymers Market, By End-use         

• Automotive
• Construction
• Packaging
• Agriculture

Global Lignin-based Biopolymers Market, By Regional 

• North America 
  • US
  • Canada
  • Mexico
• Europe 
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific 
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America 
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa 
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa