Companies Dominating the Lignin Bio-oil Landscape
- UPM-Kymmene Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Borregaard ASA
- Domtar Corporation
- Stora Enso
- Lignol Energy Corporation
- Ensyn Corporation
- American Process
- LignoTech Development Ltd.
- RenFuel AB
- Ligno Biotech Sdn Bhd
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of lignin bio-oil is estimated at USD 13 million.
The lignin bio-oil market size was over USD 12.55 million in 2024 and is anticipated to cross USD 21.43 million by 2037, growing at more than 4.2% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by growing production of paper & pulp, rising use of lignin bio-oil in chemical industry, and surge in application of lignin bio-oil in aviation.
Asia Pacific industry is likely to hold largest revenue share of 35% by 2037, owing to growing agriculture waste which could be further utilized in extracting lignin in the region.
The major players in the market are UPM-Kymmene Corporation, Borregaard ASA, Domtar Corporation, Stora Enso and others.
