Analysts’ Viewpoint on Market Scenario
Lignin bio-oil is expected to serve as a sustainable source of aromatic chemicals, replacing the current oil-dependent process of catalytic reforming, due to its abundant availability. The generated bio-oil is used as a renewable additive in biodiesel to enhance its oxygen stability. Consequently, the lignin bio-oil industry growth is estimated to register a CAGR of 4.1% during the forecast period. According to an estimate, fast pyrolysis can produce up to 75 wt% bio-oil, which can be used in various applications directly or as an energy carrier after upgrade.
Lignin bio-oil must be upgraded via hydrogenation and deoxygenation before it can be used as a fuel due to its high oxygen and low hydrogen content. Furthermore, the upgrade of lignin bio-oil typically requires processing at very high temperatures and hydrogen pressures because of the very low hydrogen solubility in water and high activation energy of deoxygenation. Therefore, companies in the lignin bio-oil market are expected to invest more in R&D activities to develop new solutions to overcome the limitations faced during the production of lignin oil.
Lignin bio-oil is a common waste stream formed during the production of cellulose and ethanol from biomass. Lignin-derived bio-oil is used as a feedstock for boiler and heavy-duty engines. Furthermore, lignin bio-oil is also used as a feedstock to produce several products such as hydrogen, chemicals, binder for electrodes, and plastics. It is commonly used as an alternative to furnace oil owing to the advantage of low emissions.
Lignin-pyrolysis bio-oil is also considered as a potential candidate for hydrogen production via catalytic cracking commercially. Additionally, several chemicals and solvents can be produced on a commercial scale from lignin-derived bio-oil via distillation. However, cost is considered to be the main barrier to the large-scale commercialization of lignin bio-oil.
Lignin bio-oil is an important biofuel that can be obtained from thermochemical conversion of biomass, such as pyrolysis and hydrothermal liquefaction. Lignin bio-oil is being considered a promising feedstock to replace petroleum fuel for power generation due to its high energy density and convenience in storage or transport, as compared to that of gaseous products.
Furthermore, lignin bio-oil is biodegradable, CO2 or greenhouse gas neutral, and it generates significantly less NOx and SOx when combusted in engine as compared to petroleum-based fuel.
Production of lignin bio-oil, to date, is primarily based on lignocellulosic biomass as raw material. Out of the components of lignocellulosic biomass, lignin accounts for 15% to 40% of its weight, on a dry basis. It is known to be the most recalcitrant and hard to transform into products of interest, partly due to its chemical resistance.
The structure of lignin makes it a potential renewable source of aromatic chemicals that are currently only available from fossil fuel sources. These aromatic chemicals have high economic value as raw materials for diverse industries as well as being a key component of jet fuel. Therefore, lignin bio-oil is a green fuel with benefits to the environment. This is a key factor that is estimated to boost the lignin bio-oil market growth
Economic analysis involves checking or testing the economic practicability of a process or product under a progressive stage, which helps track future research, expansion, and investment. Economic analysis is based on methods, size of the plants (laboratory, pilot, or commercial), availability, and continuous feedstock supply.
Using a blended feedstock (mixture of two or more different biomass) is beneficial because of the massive variety in biomass selection, lower risk, and lower carriage costs. Bio-fuel upgrade is another suitable technique to make a product commercially feasible. Fast pyrolysis and upgrade of crude lignin bio-oil can be carried out with or without the catalyst.
The catalytic lignin bio-oil has less acidic and oxygen compounds as compared to non-catalytic lignin bio-oils. These properties prove that the scale-up of catalytic pyrolysis is more favorable from an economic point of view because of the lesser requirement of additional equipment.
One of the major lignin bio-oil market trends adopted by several manufacturers is recycling. This is another route to enhance economic potential. From an economic point of view, the direct burning of lignin bio-oil in boilers for heating is considered is equivalent to fossil fuels. Co-firing lignin-derived bio-oil with conventional fuels is energy-efficient and cost-effective.
In terms of process, the pyrolysis segment accounted for a major lignin bio-oil market share, and its value is anticipated to grow at a CAGR of 4.2% during the forecast period
Pyrolysis is an efficient and simple thermochemical method for the conversion of solid biomass into bio-oil in the absence of O2. In fast pyrolysis, the materials in the reactor get heated to expected value (usually 450 °C - 600 °C) with a high heating rate and lignin is rapidly decomposed to volatiles, which are condensed to liquid quickly.
The flexibility and ease of the operation of fast pyrolysis make lignin conversion more effective and feasible. Therefore, pyrolysis of biomass is an efficient method to increase lignin bio-oil market demand.
According to the regional lignin bio-oil market analysis, Asia Pacific is expected to grow considerably during the forecast period due to high industrial activities and presence of a large number of pyrolysis oil projects, particularly in China, India, Japan, and South Korea. The pyrolysis oil industry in Asia Pacific has been witnessing significant investment for the last decade due to government initiatives and increase in awareness about greenhouse gas and carbon emissions.
Europe is an attractive region and held 25.2% of global market share in 2021. Germany is responsible for this massive increase in lignin bio-oil market value in the region primarily due to growing investment in the production of lignin bio-oil.
The lignin bio-oil industry in Latin America and Middle East & Africa is expected to grow at a moderate pace during the forecast period. The regions held 8.1% and 2.4% share of the global market, respectively, in 2021.
The global lignin bio-oil business is highly consolidated, with a small number of large-scale vendors controlling majority of the share. Companies in lignin bio-oil industry are investing significantly in comprehensive research and development activities, primarily to create environment-friendly products. Notable strategies adopted by key players in the industry include expansion of product portfolios and mergers and acquisitions. Neste, Stora Enso, Noyer Overseas India Pvt. Ltd., and Biome Bioplastics are the key entities operating in the global market.
The lignin bio-oil market research report includes profiles of key players who have been analyzed based on diverse parameters such as financial overview, business strategies, business segments, product portfolio, and recent developments.
Attribute |
Detail |
Market Size Value in 2021 |
US$ 11.3 Mn |
Market Forecast Value in 2031 |
US$ 16.2 Mn |
Growth Rate (CAGR) |
4.1% |
Forecast Period |
2023–2031 |
Historical Data Available for |
2021 |
Quantitative Units |
US$ Mn for Value & Kilo Tons for Volume |
Market Analysis |
It includes cross-segment analysis at the global as well as regional level. Furthermore, the qualitative analysis includes drivers, restraints, market opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
Competition Landscape |
|
Format |
Electronic (PDF) + Excel |
Market Segmentation |
|
Regions Covered |
|
Countries Covered |
|
Companies Profiled |
|
Customization Scope |
Available upon request |
Pricing |
Available upon request |
The lignin bio-oil market was valued at US$ 11.3 Mn in 2022
The market is expected to grow at a CAGR of 4.1% from 2023 to 2031
Lignin bio-oil as potential replacement for fossil fuels and low cost of production
Pyrolysis was the largest process segment, and its value is anticipated to grow at a CAGR of 4.2% during the forecast period
Asia Pacific was the most lucrative region and held 43.4% share of the global market in 2022
Neste, Stora Enso, Noyer Overseas India Pvt. Ltd., and Biome Bioplastics
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Key Facts and Figures
1.4. Trends Impacting Market
1.5. TMR’s Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Key Developments
2.3. Market Definitions
2.4. Key Market Trends
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunities
2.6. Global Lignin Bio-oil Market Analysis and Forecasts, 2023-2031
2.6.1. Global Lignin Bio-oil Market Volume (Kilo Tons)
2.6.2. Global Lignin Bio-oil Market Revenue (US$ Mn)
2.7. Porter’s Five Forces Analysis
2.8. Regulatory Landscape
2.9. Value Chain Analysis
2.9.1. List of Raw Material Providers
2.9.2. List of Manufacturers
2.9.3. List of Dealers/Distributors
2.9.4. List of Potential Customers
2.10. Production Overview
2.11. Product Specification Analysis
2.12. Cost Structure Analysis
3. COVID-19 Impact Analysis
3.1. Impact on the Supply Chain of the Lignin Bio-oil
3.2. Impact on the Demand of Lignin Bio-oil– Pre & Post Crisis
4. Impact of Current Geopolitical Scenario on Market
5. Production Output Analysis (Kilo Tons), 2022
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. Latin America
5.5. Middle East and Africa
6. Price Trend Analysis and Forecast (US$/Ton), 2023-2031
6.1. Price Comparison Analysis by Process
6.2. Price Comparison Analysis by Region
7. Global Lignin Bio-oil Market Analysis and Forecast, by Process, 2023–2031
7.1. Key Findings
7.2. Global Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
7.2.1. Pyrolysis
7.2.2. Liquefaction
7.2.3. Others
7.3. Global Lignin Bio-oil Market Attractiveness, by Process
8. Global Lignin Bio-oil Market Analysis and Forecast, by End-use, 2023–2031
8.1. Key Findings
8.2. Global Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
8.2.1. Chemical
8.2.2. Petrochemical
8.2.3. Automotive
8.2.4. Energy
8.2.5. Others
8.3. Global Lignin Bio-oil Market Attractiveness, by End-use
9. Global Lignin Bio-oil Market Analysis and Forecast, by Region, 2023–2031
9.1. Key Findings
9.2. Global Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2023–2031
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Middle East & Africa
9.2.5. Latin America
9.3. Global Lignin Bio-oil Market Attractiveness, by Region
10. North America Lignin Bio-oil Market Analysis and Forecast, 2023–2031
10.1. Key Findings
10.2. North America Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
10.3. North America Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
10.4. North America Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031
10.4.1. U.S. Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
10.4.2. U.S. Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
10.4.3. Canada Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
10.4.4. Canada Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
10.5. North America Lignin Bio-oil Market Attractiveness Analysis
11. Europe Lignin Bio-oil Market Analysis and Forecast, 2023–2031
11.1. Key Findings
11.2. Europe Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
11.3. Europe Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
11.4. Europe Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2023-2031
11.4.1. Germany Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
11.4.2. Germany Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
11.4.3. France Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
11.4.4. France Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
11.4.5. U.K. Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
11.4.6. U.K. Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
11.4.7. Italy Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
11.4.8. Italy Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
11.4.9. Russia & CIS Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
11.4.10. Russia & CIS Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
11.4.11. Rest of Europe Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
11.4.12. Rest of Europe Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
11.5. Europe Lignin Bio-oil Market Attractiveness Analysis
12. Asia Pacific Lignin Bio-oil Market Analysis and Forecast, 2023–2031
12.1. Key Findings
12.2. Asia Pacific Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process
12.3. Asia Pacific Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
12.4. Asia Pacific Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2023-2031
12.4.1. China Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
12.4.2. China Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
12.4.3. Japan Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
12.4.4. Japan Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
12.4.5. India Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
12.4.6. India Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
12.4.7. ASEAN Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
12.4.8. ASEAN Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
12.4.9. Rest of Asia Pacific Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
12.4.10. Rest of Asia Pacific Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
12.5. Asia Pacific Lignin Bio-oil Market Attractiveness Analysis
13. Latin America Lignin Bio-oil Market Analysis and Forecast, 2023–2031
13.1. Key Findings
13.2. Latin America Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
13.3. Latin America Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
13.4. Latin America Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2023-2031
13.4.1. Brazil Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
13.4.2. Brazil Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
13.4.3. Mexico Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
13.4.4. Mexico Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
13.4.5. Rest of Latin America Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
13.4.6. Rest of Latin America Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
13.5. Latin America Lignin Bio-oil Market Attractiveness Analysis
14. Middle East & Africa Lignin Bio-oil Market Analysis and Forecast, 2023–2031
14.1. Key Findings
14.2. Middle East & Africa Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
14.3. Middle East & Africa Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
14.4. Middle East & Africa Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2023-2031
14.4.1. GCC Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
14.4.2. GCC Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
14.4.3. South Africa Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
14.4.4. South Africa Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
14.4.5. Rest of Middle East & Africa Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Process, 2023–2031
14.4.6. Rest of Middle East & Africa Lignin Bio-oil Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031
14.5. Middle East & Africa Lignin Bio-oil Market Attractiveness Analysis
15. Competition Landscape
15.1. Market Players - Competition Matrix (by Tier and Size of Companies)
15.2. Market Share Analysis, 2022
15.3. Market Footprint Analysis
15.3.1. By Process
15.3.2. By End-use
15.4. Company Profiles
15.4.1. Neste
15.4.1.1. Company Revenue
15.4.1.2. Business Overview
15.4.1.3. Product Segments
15.4.1.4. Geographic Footprint
15.4.1.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.4.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.4.2. Stora Enso
15.4.2.1. Company Revenue
15.4.2.2. Business Overview
15.4.2.3. Product Segments
15.4.2.4. Geographic Footprint
15.4.2.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.4.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.4.3. Noyer Overseas India Pvt. Ltd.
15.4.3.1. Company Revenue
15.4.3.2. Business Overview
15.4.3.3. Product Segments
15.4.3.4. Geographic Footprint
15.4.3.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.4.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.4.4. Biome Bioplastics
15.4.4.1. Company Revenue
15.4.4.2. Business Overview
15.4.4.3. Product Segments
15.4.4.4. Geographic Footprint
15.4.4.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.4.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
16. Primary Research: Key Insights
17. Appendix
List of Tables
Table 1: Global Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 2: Global Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 3: Global Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 4: Global Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 5: Global Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Region, 2023–2031
Table 6: Global Lignin Bio-oil Market Value (US$ Mn) Forecast, by Region, 2023–2031
Table 7: North America Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 8: North America Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 9: North America Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 10: North America Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 11: North America Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2023–2031
Table 12: North America Lignin Bio-oil Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031
Table 13: U.S. Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 14: U.S. Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 15: U.S. Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 16: U.S. Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 17: Canada Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 18: Canada Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 19: Canada Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 20: Canada Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 21: Europe Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 22: Europe Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 23: Europe Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 24: Europe Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 25: Europe Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2023–2031
Table 26: Europe Lignin Bio-oil Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031
Table 27: Germany Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 28: Germany Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 29: Germany Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 30: Germany Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 31: France Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 32: France Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 33: France Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 34: France Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 35: U.K. Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 36: U.K. Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 37: U.K. Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 38: U.K. Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 39: Italy Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 40: Italy Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 41: Italy Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 42: Italy Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 43: Spain Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 44: Spain Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 45: Spain Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 46: Spain Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 47: Russia & CIS Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 48: Russia & CIS Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 49: Russia & CIS Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 50: Russia & CIS Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 51: Rest of Europe Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 52: Rest of Europe Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 53: Rest of Europe Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 54: Rest of Europe Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 55: Asia Pacific Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 56: Asia Pacific Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 57: Asia Pacific Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 58: Asia Pacific Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 59: Asia Pacific Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2023–2031
Table 60: Asia Pacific Lignin Bio-oil Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031
Table 61: China Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 62: China Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process 2023–2031
Table 63: China Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 64: China Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 65: Japan Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 66: Japan Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 67: Japan Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 68: Japan Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 69: India Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 70: India Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 71: India Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 72: India Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 73: India Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 74: India Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use 2023–2031
Table 75: ASEAN Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 76: ASEAN Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 77: ASEAN Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 78: ASEAN Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 79: Rest of Asia Pacific Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 80: Rest of Asia Pacific Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 81: Rest of Asia Pacific Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 82: Rest of Asia Pacific Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 83: Latin America Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 84: Latin America Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 85: Latin America Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 86: Latin America Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 87: Latin America Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2023–2031
Table 88: Latin America Lignin Bio-oil Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031
Table 89: Brazil Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 90: Brazil Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 91: Brazil Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 92: Brazil Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 93: Mexico Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 94: Mexico Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 95: Mexico Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 96: Mexico Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 97: Rest of Latin America Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 98: Rest of Latin America Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 99: Rest of Latin America Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 100: Rest of Latin America Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 101: Middle East & Africa Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 102: Middle East & Africa Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 103: Middle East & Africa Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 104: Middle East & Africa Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 105: Middle East & Africa Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2023–2031
Table 106: Middle East & Africa Lignin Bio-oil Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031
Table 107: GCC Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 108: GCC Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 109: GCC Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 110: GCC Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 111: South Africa Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 112: South Africa Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 113: South Africa Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 114: South Africa Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
Table 115: Rest of Middle East & Africa Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by Process, 2023–2031
Table 116: Rest of Middle East & Africa Lignin Bio-oil Market Value (US$ Mn) Forecast, by Process, 2023–2031
Table 117: Rest of Middle East & Africa Lignin Bio-oil Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031
Table 118: Rest of Middle East & Africa Lignin Bio-oil Market Value (US$ Mn) Forecast, by End-use, 2023–2031
List of Figures
Figure 1: Global Lignin Bio-oil Market Volume Share Analysis, by Process, 2022, 2027, and 2031
Figure 2: Global Lignin Bio-oil Market Attractiveness, by Process
Figure 3: Global Lignin Bio-oil Market Volume Share Analysis, by End-use, 2022, 2027, and 2031
Figure 4: Global Lignin Bio-oil Market Attractiveness, by End-use
Figure 5: Global Lignin Bio-oil Market Volume Share Analysis, by Region, 2022, 2027, and 2031
Figure 6: Global Lignin Bio-oil Market Attractiveness, by Region
Figure 7: North America Lignin Bio-oil Market Volume Share Analysis, by Process, 2022, 2027, and 2031
Figure 8: North America Lignin Bio-oil Market Attractiveness, by Process
Figure 9: North America Lignin Bio-oil Market Volume Share Analysis, by End-use, 2022, 2027, and 2031
Figure 10: North America Lignin Bio-oil Market Attractiveness, by End-use
Figure 11: North America Lignin Bio-oil Market Volume Share Analysis, by Country/Sub-region, 2022, 2027, and 2031
Figure 12: North America Lignin Bio-oil Market Attractiveness, by Country/Sub-region
Figure 13: Europe Lignin Bio-oil Market Volume Share Analysis, by Process, 2022, 2027, and 2031
Figure 14: Europe Lignin Bio-oil Market Attractiveness, by Process
Figure 15: Europe Lignin Bio-oil Market Volume Share Analysis, by End-use, 2022, 2027, and 2031
Figure 16: Europe Lignin Bio-oil Market Attractiveness, by End-use
Figure 17: Europe Lignin Bio-oil Market Volume Share Analysis, by Country/Sub-region, 2022, 2027, and 2031
Figure 18: Europe Lignin Bio-oil Market Attractiveness, by Country/Sub-region
Figure 19: Asia Pacific Lignin Bio-oil Market Volume Share Analysis, by Process, 2022, 2027, and 2031
Figure 20: Asia Pacific Lignin Bio-oil Market Attractiveness, by Process
Figure 21: Asia Pacific Lignin Bio-oil Market Volume Share Analysis, by End-use, 2022, 2027, and 2031
Figure 22: Asia Pacific Lignin Bio-oil Market Attractiveness, by End-use
Figure 23: Asia Pacific Lignin Bio-oil Market Volume Share Analysis, by Country/Sub-region, 2022, 2027, and 2031
Figure 24: Asia Pacific Lignin Bio-oil Market Attractiveness, by Country/Sub-region
Figure 25: Latin America Lignin Bio-oil Market Volume Share Analysis, by Process, 2022, 2027, and 2031
Figure 26: Latin America Lignin Bio-oil Market Attractiveness, by Process
Figure 27: Latin America Lignin Bio-oil Market Volume Share Analysis, by End-use, 2022, 2027, and 2031
Figure 28: Latin America Lignin Bio-oil Market Attractiveness, by End-use
Figure 29: Latin America Lignin Bio-oil Market Volume Share Analysis, by Country/Sub-region, 2022, 2027, and 2031
Figure 30: Latin America Lignin Bio-oil Market Attractiveness, by Country/Sub-region
Figure 31: Middle East & Africa Lignin Bio-oil Market Volume Share Analysis, by Process, 2022, 2027, and 2031
Figure 32: Middle East & Africa Lignin Bio-oil Market Attractiveness, by Process
Figure 33: Middle East & Africa Lignin Bio-oil Market Volume Share Analysis, by End-use, 2022, 2027, and 2031
Figure 34: Middle East & Africa Lignin Bio-oil Market Attractiveness, by End-use
Figure 35: Middle East & Africa Lignin Bio-oil Market Volume Share Analysis, by Country/Sub-region, 2022, 2027, and 2031
Figure 36: Middle East & Africa Lignin Bio-oil Market Attractiveness, by Country/Sub-region