The lignin market is evaluated at US$943.217 million for the year 2019 and is projected to grow at a CAGR of 2.46% to reach the market size of US$1,118.129 million by the year 2026. Lignin is being progressively used as a dispersant in agrochemical production the slanting act of present-day agricultural techniques including the utilization of insecticides and pesticides is relied upon to impel the development of the lignin market.