BASF SE, Dow and Hexion are dominating in the Europe Redispersible Polymer Powder Market in 2019

Europe Redispersible Polymer Powder Market is expected to grow with the CAGR of 5.3% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Europe redispersible polymer powder market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Europe redispersible polymer powder market are introducing strong range of products provider along with launching new products and adopting strategic initiatives such as acquisition, agreement, business expansion, award and recognition into the redispersible polymer powder market. This helped companies to maximize the sales with enhanced product portfolio. For instance, in April 2020, synthomer plc has completed the acquisition with OMNOVA Solutions as to increase the water-based polymer solutions with greater customer reach and strong operational capabilities. This development will help the company to increase the revenue in near future.  

BASF SE is the dominating player in global redispersible polymer powder market. The other key players existing in the redispersible polymer powder market includes Ashland, Dow, Hexion, synthomer plc, Organik Kimya, Vinavil SpA, Akzo Nobel N.V., Wacker Chemie AG and Kyban Polymer among others.

Europe Redispersible Polymer PowderBASF SE:

BASF SE headquartered in Ludwigshafen, Germany was founded in 1865. The company is engaged in the manufacturing of chemicals, materials, industrial solutions, surface technologies, nutrition & care and agricultural solutions. The company deals in various business segments such as chemicals, material, industrial solutions, surface technologies, nutrition & care, agricultural solutions and other in which industrial solutions is the market focused segment. The company have wide product categories such as automotive & transportation, agriculture, plastics & rubber, electronics & electric, construction, energy & resources, pharmaceuticals, textile, leather & footwear, furniture & wood, packaging & print, pulp & paper, home care and I&I cleaning, paints & coatings, personal care & hygiene, chemicals and nutrition and general business topic out of which general business topic is the market focused product category.

For instance,

  • In July 2018, BASF SE acquired all the shares of 3D printing manufacturers which are Advanc3D Materials GmbH in Hamburg and Setup Performance SAS in Lyon which has helped the company to increase sales of the building and construction material. This development has helped to increase the revenue for the company.

The company has wide presence across the globe such as in Americas, Europe, Asia-Pacific, Middle East and Africa. In addition to it, the company also generates its revenue from various subsidiary companies such as BASF Coatings (Germany), Wintershall (Germany), BASF Japan (Japan), Chemetall (Gemany), Cognis (Germany), BASF Polyurethanes GmbH (Germany), TrinamiX GmbH (Germany), Nunhems (The Netherlands), pci augsburg (Germany) among others.

Dow:

Dow headquartered in Michigan, U.S. was founded in 1897. The company is engaged in the manufacturing of innovative, customer-centric, inclusive and sustainable materials science. The company deals in various business segments such as packaging & specialty plastics (hydrocarbons & energy, packaging and specialty plastics), industrial intermediates & infrastructure (industrial solutions, polyurethanes & construction chemicals and others) and performance materials & coatings (coatings & performance monomers and consumer solutions) out of which industrial intermediates & infrastructure  (polyurethanes & construction chemicals) is the market focused segment. The company offers wide range of product categories such as agriculture, feed and animal care, automotive and transportation, beauty and personal care, building, construction and infrastructure, chemical manufacturing and industrial, consumer goods and appliances, electronics, films, tapes and release liners, food and beverage, healthcare and hygiene, home care, industrial and institutional cleaning, oil, gas and mining, packaging, paints, inks and coatings, power, water and telecommunications, pulp and paper and textiles, leather and nonwovens out of which building, construction and infrastructure is the market focused category.

For instance,

  • In November 2017, Dow has gone in the international trade show for the building and architecture industry at BATIMAT 2017. This exhibition has helped the company to represent their products worldwide and to increase the revenue of the company.

The company has presence in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa with its various subsidiaries such as Rohm and Haas (U.S.), Dow Corning (U.S.), Dow Chemical Korea Ltd (Korea), Dow Holdings LLC (U.S.), ANGUS Chemical Company (U.S.), Chemars III LLC (U.S.), Dow Deutschland Inc (U.S.) among others.

Hexion:

Hexion headquartered in Ohio, U.S. was founded in 1899. The company is engaged in the manufacturing of adhesive, coatings, composites and industrial thermoset resins. The company deals in various business segments such as forest products resins and epoxy, phenolic and coating resins out of which epoxy, phenolic and coating resins is the market focused segment. The company has various products which falls under categories such as products by application, products by chemistry, products by industry and products by brand out of which products by application is the market focused category.

For instance,

  • In April 2015, Hexion had launched the Axilat product for the construction industry as the product is specially designed to make tile adhesives more flexible, durable and workable.   The product launch has helped the company to increase the product portfolio.

The company has wide presence in North America, Asia-Pacific, and Europe. The company also earn from several subsidiaries such as Hexion Specialty Chemicals B.V. (U.S.), Hexion Specialty Chemicals GmbH (Germany), Hexion Specialty Chemicals Pty Ltd (U.S.), Hexion Specialty Chemicals, a.s. (U.S.), Oilfield Technology Group Inc (Norway) and many more.