According to latest research by Future Market Insights, AKD emulsifier market is set to witness healthy growth, registering a CAGR of 4.8% for the period of 2021-2031. The market size is projected to cross a valuation of $2 billion by the end of the forecast period

Demand for this product will be witnessing an increase across all major regional markets. Due to the increasing requirement of sustainable packaging, the market for this product is set to grow at a steady rate.

What is Driving Demand for AKD Emulsifier?

A rise in the number of online shopping through e-commerce retailers, food chains, restaurants etc. has led to a significant rise in demand for good quality paper packaging. These paper bags are being used for food items, cosmetics and many other consumer goods. In view of the COVID-19 related restrictions, e-commerce applications and home delivery of products to avoid crowding at physical locations gained huge prominence.

Also, regulatory actions by many of the countries imposing prohibitions or limitations on plastic packaging materials has also fueled demand for paper packaging. AKD emulsifiers are used to emulsify Alkyl Ketene Dimer which acts as a stabilizing agent in the paper industry. Hence, the growing trend of using paper and paper based cardboards for product packaging is driving the market to a great extent.

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Food Grade Packging Projected to Augment AKD Emulsifier sales

Printing papers and paperboard are commonly used as packaging materials. Paper bags are used for packaging countless items that get delivered to customers and consumers like food items, cosmetics products, clothes as well as electronics products, heavy retail products.

AKD emulsifiers are also required for the manufacturing of cartons & boxes. Paper packaging overpowering plastics for all end use sectors including paper, cosmetics, electronics, food, etc. will drive the market. Of all the end uses for paper packaging, the food sector has emerged as a highly prominent market with vast new opportunities. The special requirements concerning biocompatibility and non-toxicity of materials is well satisfied by paper materials and the spurt in online food ordering apps will further propel market growth.

U.S and Canada AKD Emulsifier Market Outlook

The U.S. accounts for a substantial share of the overall market. Printing paper and writing paper are widely used and shall continue to be in use in the forecasted time period with printing paper finding its application in offset printing and laser imaging. The consumption of fast food and quick take-away of food parcels is at a highly mature stage in the region and there is continuing demand for such applications. With the increasing trend of home deliveries of fast food, the demand for AKD emulsifiers will increase accordingly from the paper manufacturing sector.

Key Players :

• DIC Corporation (Japan)
• Dow Chemical Company (US)
• BASF SE (Germany)
• Arkema Group (France)
• Celanese Corporation (US)
• Trinseo (US)
• The Lubrizol Corporation (US)
• Wacker Chemie AG (Germany)
• Synthomer Plc (UK)
• Asahi Kasei Corporation (Japan).

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Key Segments of AKD Emulsifier Market