As per this study, the Global Redispersible Polymer Powder Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
Redispersible polymer powder is white colored, free flowing organic powder derived by spray drying of vinyl acetate-ethylene copolymer dispersion. When it comes in contact with water, it redisperse forming emulsion with similar properties to initial copolymer dispersion. It is used in cement and mortars to impart strength, improve cohesion and flexibility. This mortar is used in cement based wall putties, cracks, wallpaper adhesive, mortars, cement renders and other building binders and adhesives.
Rising demand from residential, industrial and commercial construction projects is driving the market growth. Also, the booming construction sector owing to ongoing construction projects is fueling the market growth. Also, redispersible polymer powder posse’s excellent ability to improve strength, thermal stress, flexibility, water retention capacity, and provide abrasion resistance is boosting its demand in the construction sector. However, high risk associated with spray drying is projected to restrain market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of redispersible polymer powder.
The broad redispersible polymer powder market has been sub-grouped into type, application and end-use industry. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Acrylic Redispersible Polymer Powder
- VAE Redispersible Polymer Powder
- VeoVa Redispersible Polymer Powder
- SB Redispersible Polymer Powder
By End-Use Industry
- Tiling & Flooring
- Insulation System
- Residential Construction
- Commercial Construction
- Industrial Construction
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for redispersible polymer powder in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Redispersible Polymer Powder Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the redispersible polymer powder market include Acquos Pty Ltd., Akzonobel N.V., Ashland Global Holdings Inc., BASF SE, Benson Polymers Ltd., Bosson (Beijing) Chemical Co., Ltd., Dairen Chemical Corporation, Divnova Specialties Pvt. Ltd., Hexion Inc., Organik Kimya, Puyang Yintai Industrial Trading Company Ltd., Synthomer PLC, The Dow Chemical Company, The Nippon Synthetic Chemical Industry Co., Ltd. and Wacker Chemie AG. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.