03-May-2024 | 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), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032”. According to the report, the global redispersible polymer powder market was $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.
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), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032?” 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.
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
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