One of the key drivers for the lignin market is its application in a wide range of low volume, niche applications. Solubility in water is an important requirement of lignin in these applications. There is an increasing demand for lignin in developing countries such as China due to the country’s expanding industrial base.
Lignin is a complex polymer abundantly found in plant tissues. In other words, lignin is the fibrous part of the plant. It stores large quantities of solar energy and is responsible for water transportation within the plant. Commercially, lignin is used in a wide range of low volume, niche applications.