As per this study, the Global Redispersible Polymer Powder Market was valued USD 2.95 BN (by revenue) in 2022 and is anticipated to reach USD 5.39 BN by 2030 with a CAGR of 7.8%. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023-2030.
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.
Market Dynamics
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.
Market Segmentation
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.
By Type
- VAE (Vinyl Acetate Cylene)
- VeoVA (Vinyl Ester of Versatic Acid)
- Acrylic
- SB (Styrene Butadiene)
By Application
- Tiling & Flooring
- Mortars
- Plastering
- Insulation Systems
- Others (EIFS & Sealing Slurries)
By End-use Industry
- Residential
- Commercial
- Industrial
Regional Analysis
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 Wacker Cherie AG (Germany) Dow Inc (US) BASF SF (Germany) Ceanese Corporation (US), Acques Pty Ltd (Australia) Synthomer pic (UK) Ashland Global Holdings Inc (US) Japan Coating Resin Corporation Japan), Bosson (Bauna) Chemical Co. Ltd. (China), Darren Chemical Corporation (Taiwan) Organik Kimya (Turkey), Other. 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.
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