Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.35 Billion | USD 5.56 Billion | 5.80% | 2023 |
The global redispersible polymer powder market size was evaluated at $3.35 billion in 2023 and is slated to hit $5.56 billion by the end of 2032 with a CAGR of nearly 5.80% between 2024 and 2032.
The study includes drivers and restraints of the redispersible polymer powder market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the redispersible polymer powder market on a global level.
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, vinyl ester of versatic acid, and others.
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 like higher flexural strength and flexibility, mortar strength development, strong abrasion and impact resistance, and better water retention and workability.
In order to give the users of this report a comprehensive view of the redispersible polymer powder market, we have included a competitive landscape and an analysis of Porter's Five Forces Model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the redispersible polymer powder market by segmenting it based on polymer, application, end-use, and region.
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. It offers high abrasion and water resistance and is used to restore cracks in cement structures and gives exceptional bonding strength to a variety of surfaces. Acrylic-based redispersible polymer powder is ideal for cement-based construction, due to its amazing features like water resistance, versatility, chemical stability, flexibility, and superb hydrolysis resistance. Vinyl acetate ethylene is expected to be in high demand over the forecast years, as it offers a wide range of glass transition temperatures and high saponification resistance. It also delivers high flexibility and good bonding to the materials that are used for construction purposes. These superior properties are predicted to surge the demand for redispersible polymer powder across the world in the years ahead.
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 used to make concrete and cement repair mortars in the construction sector. Redispersible polymer powder improves the mechanical properties like transversal deformation of building products, tensile strength, flexural strength, and compressive strength.
Report Attributes | Report Details |
---|---|
Report Name | Redispersible Polymer Powder Market Research Report |
Market Size in 2023 | USD 3.35 Billion |
Market Forecast in 2032 | USD 5.56 Billion |
Growth Rate | CAGR of 5.80% |
Number of Pages | 215 |
Key Companies Covered | DowDuPont, Synthomer, Benson Polymers, Organik Kimya, AkzoNobel, Dongxing Chemical, Wacker Chemie, Clariant, Arkema, and Dairen Chemical Corporation |
Segments Covered | By Polymer Type, By Application, By End-Use and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segment includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The Asia Pacific dominated the redispersible polymer powder market in 2018, due to the growing demand for mortars in India, China, etc.
The global redispersible polymer powder market profiles key players such as:
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
FrequentlyAsked Questions
A variety of polymer powder known as redispersible polymer powder (RDP) is frequently incorporated into dry-mix mortar formulations as an additive. A powder is produced through the process of spray-drying an aqueous polymer emulsion, such as styrene-butadiene rubber (SBR) or vinyl acetate-ethylene (VAE). Upon being combined with water, the particle reintegrates into a polymer emulsion, thereby endowing the final product with an assortment of advantageous characteristics.
A direct relationship exists between the construction industry and RDP demand. Demand for RDP employed in mortars, adhesives, plasters, and other building materials will be fueled by an increase in construction projects, specifically those involving residential and commercial structures.
The global redispersible polymer powder market size was evaluated at $3.35 billion in 2023 and is slated to hit $5.56 billion by the end of 2032.
The global redispersible polymer powder market a CAGR of nearly 5.80% between 2024 and 2032.
The regional segment includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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.
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