The Global Coniferyl Alcohol Market Size is predicted to exceed USD 2.361 Billion by 2033, growing at a CAGR of 7.42% from 2023 to 2033. The market growth is attributed to the use of lignin-based products across a range of industries, growing interest in biorefineries and lignin valorization, government initiatives supporting bio-based materials, technological innovation in lignin extraction techniques, investment in research and development, and research advancements in lignin-derived compounds and lignin depolymerization technologies.