Global Lignin Market Size, Share, Trend, Industry, Growth & Forecast | 2021-2026

The global Lignin Market is expected to grow from US$ 676 million in 2020 to US$ 810 million by 2026 at a CAGR of 3.1% during the forecast period of 2021-2026.Lignin is one of the most abundantly available biopolymers on earth and has been attributed as the most sustainable bio-resource. Lignin was traditionally used as a fuel for burning. However, over the past few years, manufacturers are exploring new revenue streams for lignin across different industrial applications like construction, agriculture, and animal feeds.