Sodium Lignosulphonate Market Size, Share to Grow at a CAGR of 4.61% by 2030 | ChemAnalyst

NEW YORK - Dec. 28, 2022 - PRLog -- According to ChemAnalyst report, "Global Sodium Lignosulphonate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2030" The Sodium Lignosulphonate market witnessed steady growth in the historical years and is estimated to reach a market volume of 550 thousand tonnes with a CAGR of 4.61% until 2030. The rising demand of Sodium Lignosulphonate by industries like Construction, Animal Feed, Oil and Gas, Agriculture, Textile, and Others will most likely propel the demand of Sodium Lignosulphonate in the forthcoming years.

Sodium Lignosulphonate is a sodium salt with the chemical formula C20H24Na2O10S2. It appears to be a brownish powder and is frequently used as a defoamer in paper manufacturing. Sodium Lignosulphonate has preservation qualities for the food industry. It is readily soluble in water and is applied in various sectors such as construction, concrete, ceramics, etc. Sodium Lignosulphonate is a surface active substance and used as a binder for coke or industrial metal powder, an additive in feedstock, and as concrete admixtures. Oil drilling pulp is generated with sodium lignosulfonate, which helps to control drilling mud mobility by lowering mud viscosity and shear force. This substance, which is appropriate for use in the dam, building, and throughway construction projects, is used as a plasticizer in concrete. It is used for various purposes, including dust suppressants, gypsum capping, animal feed binders, and oil field additives.

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The use of Sodium Lignosulphonate in the construction industry is the main market growth driver in this sector. Due to its characteristic properties, sodium lignosulfonate is frequently used in the construction sector. It is also used in the production of pesticides to increase wettability and susceptibility. Additionally, sodium lignosulfonate is used as an oil well additive as well as a cement additive. Rapid urbanization and effort on building out residential and commercial facilities are two aspects that will help the growth rate. Furthermore, the growing need of animal feed is anticipated to further swell up the Sodium Lignosulphonate market in the forecast period.

The major players operating in the global Sodium Lignosulphonate are Borregaard Lignotech AB, Domsjö Fabriker AB, Tembec Inc., Anda Chemical Company Ltd., Sappi Ltd., and Others.