The global market grows steadily. Packaging board is the largest demand segment, and Asia-Pacific is the main consumption region. China exports large quantities of AKD wax powder to overseas paper mills.Kemira acquired BASF’s AKD emulsion business and becomes a global leading manufacturer. Price fluctuations of fatty acid raw materials often trigger increases in international quotations.Regulations in Europe and America are tightening. High-purity AKD is required for food packaging paper. The industry focuses on developing new products with low hydrolysis and low deposits to adapt to pulp with high recycled waste paper content.