Redispersible Polymer Powder Market Insights
Redispersible polymer powder market is likely to witness an impressive CAGR of 6.2% during the forecast period. The rising demand for redispersible polymer powder from various end-use industries, such as residential sector, commercial sector, and industrial sector is driving the market globally.
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Redispersible Polymer Powder Market - Snapshot
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Growth
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6.2% for the next five years
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Major Type
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Acrylic
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Major Application Type
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Tiling & Flooring
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Dominant End-Use Industry Type
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Residential construction
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Region with the highest demand
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Asia-Pacific
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Key Players
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Wacker Chemie AG, The DOW Chemical Company, Akzonobel N.V., BASF SE, Ashland Global Holdings Inc., Hexicon Inc., Synthomer PLC, The Nippon Synthetic Chemical Industry Co. Ltd., Acquos Pty Ltd., and Bosson (Beijing) Chemical Co. Ltd.
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Redispersible Polymer Powder Market Share: By Type
Based on the type, the market is segmented as acrylic redispersible polymer powder, VAE redispersible polymer powder, VEOVA redispersible polymer powder, and SB redispersible polymer powder. Acrylic is estimated to be the largest segment in the coming five years. The growth is attributed to its prime characteristics, such as sturdiness, aqueous resistance, elevated functionality, and suppleness. The VAE redispersible polymer powder segment is expected to be the fastest-growing type during the forecast period, in terms of value and volume, owing to its exceptional properties, such as viable cost, its growing usage in various indoor engagements in the construction sector.
Redispersible Polymer Powder Market Share: By Application Type
Based on the application type, the market is segmented as tiling & flooring, mortars, plastering, insulation systems, and others. Tiling & flooring is estimated to be the largest as well as fastest-growing application segment in terms of value and volume during the forecast period. The growth is attributed to the growing adoption of redispersible polymer powders in artistically mesmerizing tiles, upkeep of tiling & flooring, and revamp of projects.
Redispersible Polymer Powder Market Share: By End-Use Industry Type
Based on the end-use industry type, the market is segmented as residential construction, commercial construction, and industrial construction. The residential construction segment is estimated to be the largest during the forecast period. The growth is attributed to the expansion in the construction of housing building projects to keep pace with the accommodation facilities of the increasing population. On the other hand, the industrial construction segment is expected to be the fastest-growing segment during the forecast period, owing to its usage in engineering plant construction, power plant erection, and further buildings.
Redispersible Polymer Powder Market Share: By Region
In terms of regions, Asia-Pacific is leading the redispersible polymer powder market, followed by North America and Europe. The region is also expected to maintain its dominance in the coming five years. China and India are the growth engines of the region. The market is driven by the development of infrastructural ventures along with the growing industrialization in the region.
Some of the major players in the redispersible polymer powder market are Wacker Chemie AG, The DOW Chemical Company, Akzonobel N.V., BASF SE, Ashland Global Holdings Inc., Hexion Inc., Synthomer PLC, The Nippon Synthetic Chemical Industry Co., Ltd., Acquos Pty Ltd., and Bosson (Beijing) Chemical Co., Ltd.
Market Scope & Segmentation
Redispersible Polymer Powder is mainly polymer emulsion which is converted into the thermoplastic resin of powdered nature through processes such as spray drying, surface treatment, high pressure, and high temperatures. Redispersible polymer powder is added to mortar to increase the cohesion, flexibility, and cohesiveness of the mortar.
Redispersible Polymer Powder is used in a number of mortars and similar materials. The powder is used in a number of areas such as tiling, flooring, mortars, plastering, insulation systems, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Redispersible Polymer Powder Market Research Report - Features
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Market Segmentation
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4 ways
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Regions Covered
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4
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Countries/Sub-Regions Covered
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15
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The redispersible polymer powder market is segmented into the following categories.
Redispersible Polymer Powder Market Size, Share, & Forecast, by Type:
- Acrylic Redispersible Polymer Powder
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Type Analysis: Styrene Acrylic Redispersible Polymer Powder)
- VAE Redispersible Polymer Powder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- VEOVA Redispersible Polymer Powder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- SB Redispersible Polymer Powder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Redispersible Polymer Powder Market Size, Share, & Forecast, by Application Type:
- Tiling & Flooring
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Application Type Analysis: Tile Grouts, Tile Adhesives, and Tile Self-Levelling)
- Mortars
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Application Type Analysis: Repair Mortars, Decorative Mortars, Skim Coats, and Waterproofing Mortars)
- Plastering
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Application Type Analysis: Wall Putty, Gypsum, Cement, and Lime Plasters, Screeds)
- Insulation Systems
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Application Type Analysis: Thermal Insulation Systems and EIFS Systems)
- Others
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Application Type Analysis: Paints and Sealing Slurries)
Redispersible Polymer Powder Market Size, Share, & Forecast, by End-Use Industry Type:
- Residential Construction
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (End-Use Industry Type Analysis: Light Residential Sector and Heavy Residential Sector)
- Commercial Construction
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (End-Use Industry Type Analysis: Retail Buildings, Office Buildings, and Others)
- Industrial Construction
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (End-Use Industry Type Analysis: Industrial Buildings and Industrial Infrastructure)
Redispersible Polymer Powder Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the types by end-use industry type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
