Want To Have A More Appealing Lignosulfonates Market? Read This!
The
global lignosulfonates market is expected to grow at a CAGR of 2.49% during the
forecast period. Based on end-use the global lignosulfonates market has been
segmented into dispersing agents, binding agents, retarders, and functional
additives.
The
growth of the construction industry is one of the primary factors driving the
dispersing agents
segment. This is due to the growing demand for concrete admixtures from the construction
industry.
Some
of the benefits of using lignosulfonates in concrete are low water consumption
during the mixing of concrete and the resulting low water to cement ratio,
which yields significantly greater strength to the concrete after hardening.
Some
chemically modified lignosulfonates are also used as dispersants in oil well
drilling fluids. In the oil refining and oil extracting industry,
lignosulfonates are used as a reagent in drilling oil and gas wells for
regulating the basic parameters of drilling fluids.
Lignosulfonates
are used as fluid loss additives in oil and gas explorations. The increasing
shale gas exploration and crude oil production will be the major factors
driving the growth of the global
lignosulfonates market during the forecast period.
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