“Increasing Demand for Sustainable Materials”
- A major and accelerating trend in the global lignin-based resins market is the rising demand for bio-based, renewable alternatives to petroleum-derived resins across industries such as construction, automotive, and packaging
- For instance, companies such as Borregaard and UPM Biochemicals are expanding production capacity for lignin-based resins to meet growing market requirements for sustainable and low-carbon materials
- The shift towards greener manufacturing practices and the growing emphasis on reducing VOC emissions and formaldehyde content are making lignin-based resins increasingly attractive to end-users and regulators alike
- Industry players are introducing bio-resins specifically designed to meet both performance and environmental standards, such as Renol by Lignin Industries, which targets applications in thermoplastics with reduced carbon footprints
- Governments across Europe and North America are offering policy support, subsidies, and research incentives for the development and commercialization of sustainable materials, further propelling the market
- The preference for circular economy models and carbon-neutral supply chains is encouraging companies to adopt lignin-based resins as a strategic move towards achieving ESG goals and long-term competitiveness
