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Lignin Market Set for Moderate Expansion to USD 1.60 Billion by 2032
The Global Lignin Market, valued at USD 1.10 billion in 2023, is projected to reach USD 1.60 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.3% over the forecast period 2024–2032. The market growth is driven by the increasing utilization of lignin in transportation fuels, construction materials, carbon fibers, vanillin production, biopolymers, resins, and...
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