According to a new report, published by KBV research, The Global Lignosulfonates Market size is expected to reach $1.4 billion by 2031, rising at a market growth of 3.5% CAGR during the forecast period. In the year 2023, the market attained a volume of 1,647.64 kilo tonnes, experiencing a growth of 21.0% (2020-2023).
The Concrete Additives segment is leading the Global Lignosulfonates Market by Application in 2023; thereby, achieving a market value of $475.6 Million by 2031. The growing demand for high-performance concrete, characterized by enhanced strength, durability, and workability, has fueled the adoption of lignosulfonates as concrete additives. According to the State Council of China data, in 2021, the total output of construction enterprises nationwide reached 29.3 trillion yuan (about $4.22 trillion). Hence, these factors can lead to major traction in the segment.
The Calcium Lignosulfonate segment is registering a CAGR of 3.3% during (2024 - 2031). In the construction industry, calcium lignosulfonates are widely used as water-reducing agents in concrete admixtures. They improve the flowability and workability of concrete mixtures while enhancing strength and durability properties. With the growing construction activities globally, particularly in emerging economies, the demand for calcium lignosulfonates in construction applications has grown significantly. Therefore, the segment will expand rapidly in the coming years.
Full Report: https://www.kbvresearch.com/lignosulfonates-market/
The Europe region dominated the Global Lignosulfonates Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $498.2 Million by 2031. The Asia Pacific region is showcasing a CAGR of 4% during (2024 - 2031). Additionally, The North America region would exhibit a CAGR of 3.3% during (2024 - 2031).
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
Unique Offerings 
