Lignin is one of the most abundant bio-based materials in nature, and availability is only set to increase as more biorefineries that convert biomass to biofuels and bio-based chemicals ramp up and come online. Due to its diversity and complex structure, lignin can be used as a starting point for various chemical classes, though materials are among the most attractive opportunities. However, converting lignin to such high-value materials – including plastic composites, rubber composites, adhesives, adsorbents, carbon fiber, and carbon nanotubes (CNTs) – is rife with challenges and opportunities. This report assesses these lignin-derived materials, providing a technical overview, value assessment, developer landscape, and final analysis for each, along with recommendations for suppliers and offtakers.
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