30-Sep-2019 | Zion Market Research
Zion Market Research has published a new report titled “Redispersible Polymer Powder Market By Polymer (Acrylic, Vinyl Acetate Ethylene, Vinyl Ester of Versatic Acid, Styrene Butadiene, and Others), By Application (Mortars & Cement, Tile Adhesives & Grouts, Insulation & Finish Systems, Plasters, Self-Leveling Underlayment, and Others), and By End-Use (Residential and Non-Residential): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026”. According to the report, the global redispersible polymer powder market was USD 1,400 million in 2018 and is expected to reach around USD 2,274 million by 2026, at a CAGR of around 6.3% between 2019 and 2026.
Redispersible polymer powder is a free-flowing organic polymer powder, which is produced by spray-drying a wide range of polymers like vinyl acetate ethylene, acrylic, styrene butadiene, etc.
Browse the full “Redispersible Polymer Powder Market By Polymer (Acrylic, Vinyl Acetate Ethylene, Vinyl Ester of Versatic Acid, Styrene Butadiene, and Others), By Application (Mortars & Cement, Tile Adhesives & Grouts, Insulation & Finish Systems, Plasters, Self-Leveling Underlayment, and Others), and By End-Use (Residential and Non-Residential): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026” Report at https://www.zionmarketresearch.com/report/redispersible-polymer-powder-market
Redispersible polymer powder increases the gypsum plaster’s plasticity adhesion, self-leveling compounds, and tile cement, which is driving the redispersible polymer powder market. It is used in several applications like construction and tile adhesives, self-leveling flooring compounds, repair mortars, external thermal insulation composite systems, screeds, plasters, sealing slurries with cement, and grouts. The redispersible polymer powder market is expected to grow continuously over the forecast time period, owing to the benefits of redispersible polymer powder in the construction industry. The global investment in construction activities is expected to further fuel this market over the forecast years. The growing demand for environment-friendly buildings is another growth factor for the redispersible polymer powder market. With an increase in investment for research and development related to redispersible polymer powder, these powders are now available with low-volatile organic compound emission levels. This, in turn, makes the product ideal for use in regions with stringent government regulations. These innovations in product development will also boost the redispersible polymer powder in the upcoming years. One hindrance that may hamper the redispersible polymer powder market is the fluctuation in the prices of raw materials.
By polymer, the redispersible polymer powder market is fragmented into styrene butadiene, acrylic, vinyl ester of versatic acid, vinyl acetate ethylene, and others. The acrylic segment held a major market share in 2018, as acrylic redispersible polymer powder has excellent waterproofing and cohesion properties apart from being highly flexible.
By application, the redispersible polymer powder market includes tile adhesives and grouts, plasters, self-leveling underlayment, mortars and cement, insulation and finish systems, and others. The mortars and cement segment is expected to lead the redispersible polymer powder market in the future, as redispersible polymer powder is widely in the construction sector.
On the basis of end-use, the market is bifurcated into residential and non-residential. The residential segment is likely to grow significantly over the forecast years, owing to the growing population across the globe. The rising demand for household infrastructures is estimated to further augment the demand for redispersible polymer powder over the forecast timeline.
The Asia Pacific dominated the redispersible polymer powder market in 2018, due to the growing demand for mortars in India, China, etc.
Some key players operating in the redispersible polymer powder market include DowDuPont, Synthomer, Benson Polymers, Organik Kimya, AkzoNobel, Dongxing Chemical, Wacker Chemie, Clariant, Arkema, and Dairen Chemical Corporation.
This report segments the global redispersible polymer powder market into:
Global Redispersible Polymer Powder Market: Polymer Type Analysis
Global Redispersible Polymer Powder Market: Application Analysis
Global Redispersible Polymer Powder Market: End-Use Analysis
Global Redispersible Polymer Powder Market: Regional Analysis
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