Global Alkyl Ketene Dimer market projected to grow, with North America leading

From GlobeNewswire: 2024-07-05 02:00:00

The Global Alkyl Ketene Dimer Market is projected to grow from USD 332.4 million in 2023 to USD 524.4 million by 2033, at a CAGR of 4.66%. AKD is a sizing agent used in the paper industry to improve water resistance and printability, boosting paper quality and strength. Challenges include regulatory requirements and competition from alternative products. North America leads the market with rising demand for paper and pulp products. Asia Pacific shows the highest CAGR growth due to increased production activities in industries like paper and construction. Key players in the market include Aries Chemical, Inc., SEIKO PMC, and Kemira Oyj. In September 2023, Kemira announced a price increase for AKD wax-based sizing products in APAC due to rising raw material costs. Market segments include type, grade, and application, with the printing paper segment anticipated to hold the largest share. Spherical Insights & Consulting provides comprehensive market research and industry insights to aid decision-making and strategic improvements for businesses.



Read more at GlobeNewswire: Global Alkyl Ketene Dimer Market Size To Worth USD 524.4