Allied Market Research

2024

Alkyl Ketene Dimers (akd) Wax Market

Alkyl Ketene Dimers (AKD) Wax Market Size, Share, Competitive Landscape and Trend Analysis Report by Type and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

MC : Renewable, Speciality and fine chemicals

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Author's: | Eswara Prasad
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Alkyl Ketene Dimers (AKD) Wax Market Analysis:

Alkyl ketene dimers (AKD) wax is a fiber-reactive nuclear-sizing agent used in the paper industry. AKD used for papermaking sizing agent must be made into an emulsion, which is white and can be hydrolyzed easily. Sizing papers with AKD wax emulsion helps in water resistance by simultaneously controlling its printing properties. Hydrolysis of AKD wax takes place based on conversion into ketone form of the compound, which occurs during drying of paper at a high temperature. Moreover, use of AKD wax in the manufacture of any type of paper optimizes surface hydrophobicity, absorption of liquids, writability, printability, dimensional stability, and runnability of the machine. Traditional application of AKD wax in the paper industry involves many difficult steps, including emulsification and mixing of the emulsified AKD wax with an aqueous mixture that contains fibers, cellulosic fibers, mineral particles, and other chemical agents. Further, development in the paper industry is expected to boost the demand for alkyl ketene dimers wax over the forecast period.

COVID–19 scenario analysis

The coronavirus pandemic has a negative effect on the consumers buying power. The demand for consumer goods has reduced significantly, which, in turn, reduced the demand for the packaging industry. Supply chain disruptions have also reduced the demand for the paper packing industry. Moreover, import and export activities have been reduced drastically due to various international transport restrictions. China, one of the major exporters of consumer goods, has stopped its export operations. This further reduced the demand for the packaging industry, thereby reducing the demand for AKD wax over the forecast period. 

Market scenario analysis

A major factor that increases the usage of AKD wax in the paper industry is its significant role to minimize the impact of water contamination on environment by recycling of water during the paper production process. Moreover, rapid industrialization coupled with growth in population is expected to increase the demand for the paper industry. Various regional and local players of the global AKD wax market are highly competitive. The rise in demand and expansion of the packing industry also fuel the demand for AKD wax over the forecast period. Various environmental concerns force packing companies to shift from plastic to paper packing, which is further expected to propel the paper industry. Therefore, this factor is expected to increase the demand for AKD wax.

Key benefits of the report:

  • This study presents the analytical depiction of the alkyl ketene dimers wax market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the alkyl ketene dimers wax market share.
  • The current market is quantitatively analyzed to highlight the alkyl ketene dimers wax market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the alkyl ketene dimers wax market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?

Alkyl Ketene Dimers (AKD) Wax Market Report Highlights

Aspects Details
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By Type
  • Direct Sales
  • Indirect Sales
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By Application
  • Printing and Writing Papers
  • Paperboards
  • Newsprint
  • Other
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By Region
  • North America  (US, Canada)
  • Europe  (Germany, UK, France, rest of Europe)
  • Asia-Pacific  (China, Japan, India, rest of Asia-Pacific)
  • Latin America  (Brazil, Mexico, rest of LATAM)
  • the Middle East 
  • Africa 
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Key Market Players

Amazon Papyrus Chemicals Limited, Kemira, Weifang Greatland Chemicals, Anhui Jinao Chemical, Wuxi Larsen Chemicals, Go Yen Chemical Industrial, Haiyang Industry, Shanghai Richem International, BASF SE, Yangzhou Tiancheng Chemical

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Alkyl Ketene Dimers (AKD) Wax Market

Global Opportunity Analysis and Industry Forecast, 2023-2032