Lignin Bio-oil Market

Lignin Bio-oil Market (Process: Pyrolysis, Liquefaction, Others; End-use: Chemical, Petrochemical, Automotive, Energy, Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Market Outlook 2031

  • The lignin bio-oil market size was valued at US$ 11.3 Mn in 2022
  • It is estimated to grow at a CAGR of 4.1% from 2023 to 2031 and reach US$ 16.2 Mn by the end of 2031

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 Market

Market Overview

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 as Potential Replacement for Fossil Fuels

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

Low Cost of Production of Lignin Bio-oil to Fuel Market Development

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.

Extensive Usage of Pyrolysis to Obtain Lignin Bio-oil

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.

Regional Analysis

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.

Analysis of Key Players

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.

Key Developments

  • On September 28, 2022, Metgen announced the agreement of a commercial license for biorefineries with Futurity in New Zealand. This agreement is estimated to enable Futurity to build and operate lignin-centric biorefineries using METNIN Technologies. The partnership would allow the development of a full range of high value lignin-based products, including resins and adhesives, foams, composites, bio-oil based chemicals and polymers, to cater to the growing needs of a fast changing world.
  • On September 09, 2020, Georgia Tech published a new low-temperature, multi-phase process for upgrade of lignin bio-oil to hydrocarbons. This could help expand use of lignin, which presently is largely a waste product left over from the production of cellulose and bioethanol from trees and other woody plants.

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.

Market Snapshot

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

  • Market share analysis by company (2022)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Process
    • Pyrolysis
    • Liquefaction
    • Others
  • End-use
    • Chemical
    • Petrochemical
    • Automotive
    • Energy
    • Others

Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia and CIS
  • Japan
  • China
  • India
  • ASEAN
  • Brazil
  • Mexico
  • GCC
  • South Africa

Companies Profiled

  • Neste
  • Stora Enso
  • Noyer Overseas India Pvt. Ltd.
  • Biome Bioplastics

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the lignin bio-oil market in 2022?

The lignin bio-oil market was valued at US$ 11.3 Mn in 2022

How is the market expected to grow by 2031?

The market is expected to grow at a CAGR of 4.1% from 2023 to 2031

What are the key drivers of the lignin bio-oil industry?

Lignin bio-oil as potential replacement for fossil fuels and low cost of production

Which was the largest segment of the market in 2022?

Pyrolysis was the largest process segment, and its value is anticipated to grow at a CAGR of 4.2% during the forecast period

Which region was the most lucrative in 2021?

Asia Pacific was the most lucrative region and held 43.4% share of the global market in 2022

Who are the prominent players in the lignin bio-oil business?

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

Copyright © Transparency Market Research, Inc. All Rights reserved