Europe Redispersible Polymer Powder Market – Industry Trends and Forecast to 2030

Europe Redispersible Polymer Powder Market, By Type (Acrylic Redispersible Polymer Powder, Vinyl Acetate (VAE) Redispersible Polymer Powders, Vinyl Versatate (VEOVA) Redispersible Polymer Powder, Styrene Butadiene (SB) Redispersible Polymer Powder, Ethylene Redispersible Polymer Powder, Others), Polymerization Method (Continuous, Semi Continuous, Seed Pattern), Drying Method (Spray Drying, Reduced Pressure Drying, Freeze Drying), Grade (Industrial Grade, Reagent Grade, Analytical Grade, Bio-Tech Grade), Application (Tiling and Flooring, Mortars, Plastering, Insulation Systems, Others), End-User (Residential Construction, Commercial Construction, Industrial Construction, Paint, Others) - Industry Trends and Forecast to 2023 to 2030.

Europe Redispersible Polymer Powder Market Analysis and Size

The essential factors contributing to the growth of the Europe redispersible polymer powder market in the forecast period of 2023 to 2020 include the increasing use of cement mortars over plywood in industrial construction application is the factors for the market growth. Increasing redispersible polymer powder provides proper adhesion for external insulation and finishing system, significantly contributing to the market’s growth.

Data Bridge Market Research analyses that the Europe redispersible polymer powder market, which was USD 369.83 million in 2022, is expected to reach USD 559.02 million by 2030, growing at a CAGR of 5.30% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Europe Redispersible Polymer Powder Market Scope and Segmentation

Market Definition

Redispersible polymer powder is a free-flowing, water-dispersible powder that consists of polymer binders, fillers, plasticizers, and other additives. It is produced by spray-drying a polymer emulsion or suspension, resulting in particles that can be easily redispersed in water. Redispersible polymer powder is widely used in various industries, particularly in the construction sector.

Europe Redispersible Polymer Powder Market Dynamics

Drivers

• Increasing Construction Activities

The growth in the construction industry, particularly in emerging economies, is a significant driver for the Europe redispersible polymer powder market. Redispersible polymer powders are extensively used in construction applications such as tile adhesives, grouts, cementitious renders, self-leveling compounds, and exterior insulation. As construction activities increase worldwide, the demand for redispersible polymer powders rises to enhance the performance and durability of construction materials.

• Growing Preference for Dry Mix Mortars

Dry mix mortars, which require redispersible polymer powders as a key ingredient, are gaining popularity due to their convenience, ease of application, and improved quality. Redispersible polymer powders act as binders, providing improved workability, adhesion, flexibility, and water resistance to dry mix mortars. The trend towards ready-to-use dry mix mortars fuels the demand for redispersible polymer powders.

Opportunities

• Rising Spending on R&D for Technological Advancements

Continuous advancements in the manufacturing processes of redispersible polymer powders have led to improved product performance, quality, and consistency. Manufacturers are investing in research and development activities to develop innovative formulations and improve the properties of redispersible polymer powders, making them more suitable for a wide range of applications. Technological advancements contribute to the growth and acceptance of redispersible polymer powders in various industries.

• Strong Growth in End-Use Industries

Redispersible polymer powders find applications not only in the construction industry but also in other sectors, such as paints and coatings, adhesives, textiles, and pharmaceuticals. The growth of these end-use industries, driven by factors like increasing urbanization, rising disposable income, and changing consumer preferences, positively impacts the demand for redispersible polymer powders.

Restraints/Challenges

• High Production Costs

The production of redispersible polymer powder involves complex manufacturing processes, including polymer emulsion/suspension preparation and spray drying. These processes require specialized equipment and expertise, leading to relatively high production costs. The cost-intensive production can limit the market growth and affordability of redispersible polymer powder, particularly in price-sensitive regions.

• Availability of Alternatives

The Europe redispersible polymer powder market faces competition from alternative products and technologies. Other binders, such as liquid polymers or latex additives, may offer similar performance characteristics and cost advantages. These alternatives can pose a challenge to the growth of redispersible polymer powder, as customers may opt for more established or economical options.

This Europe redispersible polymer powder market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Europe redispersible polymer powder market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In March 2020, Akzo Nobel N.V. completed the acquisition of the remaining 25% stake in Akzo Nobel Boya Sanayi ve Ticaret A.S., which is a leading powder coatings joint venture in Turkey. This development would help the company to increase its market share and revenue in the near future

Europe Redispersible Polymer Powder Market Scope

The Europe redispersible polymer powder market is segmented on the basis of type, polymerization method, drying method, grade, application and end-user. The growth amongst these segments will help you analyse, meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Acrylic Redispersible Polymer Powder
• Styrene Acrylic Redispersible Polymer Powder
• Vinyl Acetate (VAE) Redispersible Polymer Powders
• Vinyl Versatate (VEOVA) Redispersible Polymer Powder
• Styrene Butadiene (SB) Redispersible Polymer Powder
• Ethylene Redispersible Polymer Powder
• Others

Polymerization Method

• Continuous
• Semi Continuous
• Seed Pattern

Drying Method

• Spray Drying
• Reduced Pressure Drying
• Freeze Drying

Grade

• Industrial Grade
• Reagent Grade
• Analytical Grade
• Bio-Tech Grade

Application

• Tiling and Flooring
• Mortars
• Plastering
• Insulation Systems
• Others

End-User

• Residential Construction
• Commercial Construction
• Industrial Construction
• Paint
• Others​​​​​​​

Europe Redispersible Polymer Powder Market Regional Analysis/Insights

The Europe redispersible polymer powder market is analyzed, and market size insights and trends are provided by type, polymerization method, drying method, grade, application and end-user, as referenced above.

The countries covered in the Europe redispersible polymer powder market report are Germany, France, U.K., Italy, Spain, Denmark, Sweden, Norway, Austria, Greece, Hungary, Czech Republic, Romania, Belgium, Netherlands, Ukraine, Uzbekistan, Kazakhstan, Russia, Switzerland, and Rest of Europe.

Germany is expected to dominate the Europe redispersible polymer powder market owing to the vast expansion of the construction sector.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Europe Redispersible Polymer Powder Market Share Analysis

The Europe redispersible polymer powder market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to redispersible polymer powder market.

Some of the major players operating in the Europe redispersible polymer powder market are:

• Wacker Chemie AG (Germany)
• Dow (U.S.)
• AkzoNobel (Netherlands)
• BASF SE (Germany)
• Ashland Inc. (U.S.)
• Synthomer plc (U.S.)
• Hexion Inc. (U.S.)
• VINAVIL S.p.A. (Italy)
• Organik Kimya (Turkey)
• DowDupont (U.S.)
• Bosson Union Tech (China)
• Shanxi Sanwei Group Co., Ltd. (China)
• Henan Tiansheng Chemical Industry Co., Ltd. (China)
• Bosson Union Tech (China)
• Dairen Chemical Corporation (Taiwan), among others