Global Redispersible Polymer Powder Market By Type (Acrylic Redispersible Polymer Powder, Vae Redispersible Polymer Powders, Veova Redispersible Polymer Powder, SB Redispersible Polymer Powder), By Application( Tiling & Flooring, Mortars, Plastering, Insulation Systems, Others), End-Use(Residential Construction, Commercial Construction, And Industrial Construction), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Redispersible Polymer Powder Market
Global redispersible polymer powder market is estimated to reach USD 3.5 billion by 2026, registering a CAGR of 5.3% in the forecast period of 2019-2026. Increasing demand of the redispersible polymer powder in residential housing projects, increased spending on repair and maintenance are some of the driving factors for the market.
Market Definition: Global Redispersible Polymer Powder Market
Redispersible polymer powder are nothing but polymer emulsions formed by conducting processes like high temperatures and pressures, spray drying and surface treatment to powdered thermoplastic resin materials. These powdered organic binders can redisperse in water back into new emulsions, by mixing it in water. Growing demand from construction end-use industry, and increase in residential housing projects may act as the major driver in the growth of redispersible polymer powders.
- Growing demand from construction end-use industry
- Increase in residential housing projects
- Increased spending on repair and maintenance
- Higher risks associated with spray drying production process
Segmentation: Global Redispersible Polymer Powder Market
- Acrylic redispersible polymer powder
- Styrene acrylic redispersible polymer powder
- Vae redispersible polymer powders
- Veova redispersible polymer powder
- Sb redispersible polymer powder.
- Tiling & flooring
- Tile grouts
- Tile adhesives
- Repair mortars
- Decorative mortars
- Skim coats
- Waterproofing mortars
- Sodium perborate
- Sodium percarbonate
- organic derivatives
- Wall putty
- Lime plasters
- Insulation systems
- Thermal Insulation Systems
- EIFS Systems
- Sealing Slurries
By End User
- Residential construction
- Light residential sector
- Heavy residential sector
- Commercial construction
- Retail buildings
- Office buildings
- Industrial construction
- Industrial buildings
- industrial infrastructure
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Developments in the Market:
- In March 2019, Nouryon Company launched Ethylan EF-60 a redispersible polymer powder at European Coatings Show in Germany. This powder will deliver dry-mix mortars for the building with latest quality and sustainability requirements.
- In May 2018, "Elotex" redispersible polymer powders developed by Akzo Nobel got the award of ‘Product of the Year’ by environmental leader and energy manager. The product helps to reduce total volatile organic compound which improves energy management.
Competitive Analysis: Global Redispersible Polymer Powder Market
Global redispersible polymer powder market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of redispersible polymer powder market for Global, Europe, North America, Asia Pacific, South America and Middle East and Africa.
Major Market Competitors/Players: Global Redispersible Polymer Powder Market
Few of the major competitors currently working in redispersible polymer powder market are Wacker Chemie AG, Dow, Akzo Nobel N.V., BASF SE, Acquos, Ashland, www.yintai-cn.com, Bosson Union Tech(Beijing) Co.,Ltd, synthomer plc, Hexion, Mitsubishi Chemical Corporation., Benson Polymers Limited, DCC PRINT VISION LLP., Organik Kimya, Divnova Specialties Pvt. Ltd., Nouryon, Jiangsu Jinmao International E-Commerce CO.,Ltd., Zhejiang NetSun Co., Ltd., VINAVIL, wwgf.com.cn, Kyban Polymer, Sidley Chemical Co.,Ltd. and others.
Research Methodology: Global Redispersible Polymer Powder Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved