ALKYL KETENE DIMER MARKET ANALYSIS

Regional Analysis

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North America has established itself as the dominant region in the global alkyl ketene dimer market. The region is expected to account for 32.7% of the market share in 2024. Countries like the U.S. and Canada have large and well-established paper manufacturing industry that uses alkyl ketene dimer extensively for the production of different types of papers and paperboards. Along with its use in the paper industry, North America is also a prominent consumer of alkyl ketene dimer for agricultural applications such as soil conditioning.

Asia Pacific has been showing potent growth prospects in the alkyl ketene dimer market over the past few years and is expected to maintain its position as the fastest growing regional market. The increasing development and production activities in industries like paper and construction are driving the consumption of alkyl ketene dimer in Asia Pacific. In particular, countries like China and India have emerged as high growth hotspots due to rapidly expanding paper production volumes from small and large paper mills across various regions. The growth in the Asian paper industry is mainly attributed to increased domestic paper consumption for packaging, printing, writing applications, and tissue papers. Additionally, rising agricultural development in the region is spurring the demand for agrochemicals and soil modifiers that incorporate alkyl ketene dimer. Overall, Asia Pacific's manufacturing and construction boom combined with rising employment of soil conditioning agents are augmenting the uptake of alkyl ketene dimer.