July 18, 2014
Lignin-Derived Chemicals To Hit Market In 2021
As lignin supplies rise on the back of growing cellulosic feedstock utilization, commercialization opportunities of up to $242 billion are emerging in 13 select chemicals, according to a July 10, 2014, news release from Lux Research. Lignin, a component of lignocellulosic biomass and a common byproduct stream from cellulosic conversion processes, has a potential market worth of $242 billion across 13 select products alone, but commercialization of these lignin-derived chemicals such as BTX (a...