The AKD (Alkyl Ketene Dimer) emulsifier market is poised for remarkable growth, with a forecasted Compound Annual Growth Rate (CAGR) of 5.9% from 2023 to 2033. As of 2023, the market valuation is estimated at US$ 9.41 billion, expected to reach an impressive US$ 16.7 billion by 2033.
The driving force behind this surge is the expanding paper and pulp industry, a major consumer of AKD emulsifiers. These emulsifiers, serving as sizing agents, enhance water resistance and printability of paper, contributing to the industry’s growth.
What sets AKD emulsifiers apart is their eco-friendly nature, aligning with the paper and pulp industry’s shift towards sustainable practices. Their biodegradability positions them as an attractive choice amidst increasing environmental concerns related to traditional sizing agents.
The packaging industry, a substantial user of paper and paperboard products, is also a catalyst for AKD emulsifier demand. The call for high-quality, water-resistant, and printable packaging materials fuels the need for these emulsifiers.
In North America, the AKD emulsifier market experiences robust growth, propelled by the region’s thriving paper and pulp sector. The United States and Canada lead consumption, particularly in tissue paper, printing paper, and packaging materials. The region’s well-established packaging industry contributes significantly to the demand for AKD emulsifiers.
Get an overview of market drivers and challenges affecting this industry! https://www.futuremarketinsights.com/reports/sample/rep-gb-13203
Solenis LLC, Evonik Industries AG, Buckman Laboratories International Inc., and BASF SE are key players steering growth in the North America AKD emulsifier market. Their presence, coupled with a focus on sustainability, augments the market’s upward trajectory.
The future outlook remains promising, driven by the escalating demand for paper-based products globally. Population growth, urbanization, and increased awareness of environmental impacts are expected to fuel demand for tissue paper, printing paper, and packaging materials, thus boosting the AKD emulsifier market.
A pivotal factor shaping the future of this market is the heightened emphasis on sustainability. As consumers seek eco-friendly alternatives in the wake of environmental concerns, the shift towards AKD emulsifiers as a sustainable option is set to continue.
The burgeoning packaging industry further fortifies the AKD emulsifier market’s prospects. The demand for top-notch packaging materials with water resistance, durability, and excellent printability is anticipated to rise, propelling the AKD emulsifier market to new heights.
The surge in online shopping, especially during pandemic-related restrictions, underscores the importance of quality paper packaging. AKD emulsifiers, crucial for stabilizing Alkyl Ketene Dimer in the paper industry, play a vital role in meeting this demand. With regulatory actions against plastic packaging materials, the AKD emulsifier market is poised for sustained growth.
As the global economy seeks sustainable solutions, the AKD emulsifier market stands at the forefront, offering environmentally friendly alternatives to meet the evolving needs of the paper, pulp, and packaging industries.
Who are the Key Manufacturers and Suppliers of AKD Emulsifier?
Some of the leading manufacturers and suppliers of colloidal alumina include
- DIC Corporation (Japan)
- Dow Chemical Company (USA)
- BASF SE (Germany)
- Arkema Group (France)
- Celanese Corporation (USA)
- Trinseo (USA)
- The Lubrizol Corporation (US)
- Wacker Chemie AG (Germany)
- Synthomer Plc (United Kingdom)
- Asahi Kasei Corporation (Japan).
Key players are looking to establish a widespread footprint in high-opportunity markets such as East Asia. For example, Kemira has inaugurated new production lines have started producing and supplying all sorts of sizing agents including AKD in Mainland China, Taiwan, Japan, Vietnam, and other Asia-Pacific regions.
Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-13203
Key Segments of the AKD Emulsifier Market
By Form:
- Solid
- Liquid
By End Use Industry:
- Cosmetics
- Food
- Pharmaceuticals
- Others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube