Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Lignin Waste Market size was valued at USD 881.62 billion in 2024 and is set to exceed USD 1.81 trillion by 2037, expanding at over 5.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of lignin waste is evaluated at USD 924.33 billion.
People started realizing the importance of environmental conservation and the need for sustainable products for the planet to prevent climatic changes and stop diversity loss. Growing awareness about waste applications from lignin in various sectors contributes to lignin waste market growth. Moreover, low-quality lignin can be extracted from waste products derived from biorefineries and the pulp & paper industry. According to the Royal Society of Chemistry in 2024, around 100 million tons of lignin is produced annually, of which only 2% is recovered from the total for material utilization.
