What’s Driving the Lignin Market? Key Growth Factors Explained
The lignin market was estimated at USD 676 million in 2020 and is likely to grow at a CAGR of 3.1% during 2021-2026 to reach USD 810 million in 2026.
Lignin is one of the most abundantly available biopolymers on earth and has been attributed as the most sustainable bio-resource.
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