North American Market Forecast
North America industry is estimated to dominate majority revenue share of 37% by 2037. The region’s burgeoning demand for sustainable and eco-friendly packaging solutions drives the adoption of AKD emulsifiers in the paper and packaging industry. As environmental consciousness grows among consumers and businesses, AKD emulsifiers play a pivotal role in producing recyclable and biodegradable materials. The continuous expansion of the paper and pulp industry, coupled with technological advancements in papermaking processes, boosts the demand for AKD emulsifiers, which enhance the quality and properties of paper products. In 2021, the region’s paper &pulp industry garnered a revenue around USD 64 billion, accounting for 20% of the global industry. Additionally, collaborations between AKD emulsifier manufacturers and major players in the paper industry contribute to market growth by fostering innovation and ensuring the seamless integration of these emulsifiers into sustainability, coupled with robust industrial growth, positions the AKD Emulsifier Market for sustained expansion.
APAC Market Statistics
Asia Pacific AKD emulsifier market is set to experience robust growth driven by several key factors. The region’s thriving paper and packaging industry, fuelled by rapid industrialization and urbanization, contributes significantly to the demand for AKD emulsifiers. As Asia Pacific nations witness increased consumerism and e-commerce activities, there is a growing need for high-quality, sustainable packaging materials where AKD emulsifiers play a vital role. The emphasis on technological advancements in the papermaking sector enhances the adoption of AKD emulsifiers, which aid in achieving superior paper properties. The region’s commitment to environmental sustainability aligns with the eco-friendly applications of AKD emulsifiers, fostering their widespread use. Additionally, collaborations and partnerships among industry players and research initiatives contribute to innovations, further propelling the growth of the AKD Emulsifier market in the Asia Pacific.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?