Alkyl Ketene Dimers (AKD) Wax Market

By Type;

Direct Sales and Indirect Sales

By Form;

Prilled, Powdered, Liquid and Flaked

By Product Type;

Low Melt Index AKD Waxes, Medium Melt Index AKD Waxes and High Melt Index AKD Waxes

By End Use;

Automotive, Packaging, Construction, Consumer Goods and Medical

By Application;

Printing And Writing Papers, Paperboards, Newsprint and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn257685681 Published Date: August, 2025 Updated Date: September, 2025

Alkyl Ketene Dimers (AKD) Wax Market Overview

Alkyl Ketene Dimers (AKD) Wax Market (USD Million)

Alkyl Ketene Dimers (AKD) Wax Market was valued at USD 361.51 million. The size of this market is expected to increase to USD 498.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.


Alkyl Ketene Dimers (AKD) Wax Market

*Market size in USD million

CAGR 4.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.7 %
Market Size (2024)USD 361.51 Million
Market Size (2031)USD 498.59 Million
Market ConcentrationHigh
Report Pages344
361.51
2024
498.59
2031

Major Players

  • Kemira Oyj
  • Kraton Polymers
  • Eastman Chemical Company
  • Solvay SA
  • Arkema SA
  • BASF SE
  • Hexion Inc.
  • Clariant AG
  • SABIC (Saudi Basic Industries Corporation)
  • DIC Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Alkyl Ketene Dimers (AKD) Wax Market

Fragmented - Highly competitive market without dominant players


The Alkyl Ketene Dimers (AKD) Wax Market is expanding rapidly, fueled by rising demand for eco-friendly paper sizing agents. Nearly 65% of paper mills adopt AKD wax to enhance water resistance, printability, and overall quality. Its role in advancing sustainable production and surface treatment solutions is driving strong market adoption.

Key Drivers Accelerating Growth
The increasing reliance on biodegradable and non-toxic alternatives is a major growth factor. More than 50% of paper manufacturers have shifted from conventional sizing agents to AKD wax to meet environmental standards and improve recyclability. Its superior properties for ink retention and durability are strengthening demand in specialty and packaging papers.

Advancements Strengthening Market Adoption
Close to 40% of producers are adopting advanced dispersion technologies to improve consistency and efficiency in AKD production. These innovations provide better paper coating performance, delivering enhanced stability and higher-quality output. Continuous improvements in manufacturing processes are enabling broader use across diverse applications.

Global Alkyl Ketene Dimers (AKD) Wax Market Recent Developments

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Product Type
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Application
    6. Market Snapshot, By Region
  4. Alkyl Ketene Dimers (AKD) Wax Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing packaging demand
        2. Expanding paper industry
        3. Rising adhesive applications
        4. Increased demand in textiles
        5. Technological advancements in production
      2. Restraints
        1. High raw material costs
        2. Environmental regulations and policies
        3. Volatile market conditions
        4. Competition from substitutes
        5. Supply chain disruptions
      3. Opportunities
        1. Emerging markets expansion
        2. Innovations in product applications
        3. Sustainable production methods
        4. Growth in end-use industries
        5. Strategic partnerships and alliances
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Alkyl Ketene Dimers (AKD) Wax Market, By Type, 2021 - 2031 (USD Million)
      1. Direct Sales
      2. Indirect Sales
    2. Alkyl Ketene Dimers (AKD) Wax Market, By Form, 2021 - 2031 (USD Million)
      1. Prilled

      2. Powdered

      3. Liquid

      4. Flaked

    3. Alkyl Ketene Dimers (AKD) Wax Market, By Product Type, 2021 - 2031 (USD Million)
      1. Low Melt Index AKD Waxes

      2. Medium Melt Index AKD Waxes

      3. High Melt Index AKD Waxes

    4. Alkyl Ketene Dimers (AKD) Wax Market, By End Use, 2021 - 2031 (USD Million)
      1. Automotive

      2. Packaging

      3. Construction

      4. Consumer Goods

      5. Medical

    5. Alkyl Ketene Dimers (AKD) Wax Market, By Application, 2021 - 2031 (USD Million)
      1. Printing & Writing Papers
      2. Paperboards
      3. Newsprint
      4. Others
    6. Alkyl Ketene Dimers (AKD) Wax Market, By Geography,2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Kemira Oyj
      2. Kraton Polymers
      3. Eastman Chemical Company
      4. Solvay SA
      5. Arkema SA
      6. BASF SE
      7. Hexion Inc.
      8. Clariant AG
      9. SABIC (Saudi Basic Industries Corporation)
      10. DIC Corporation
  7. Analyst Views
  8. Future Outlook of the Market