Redispersible Polymer Powder Market Size 2020: Growth Factors, Business Opportunity, Trend, Segmentation and Forecast to 2025
Brandessence Market Research recently added the Redispersible Polymer Powder Market research report which offers a thorough study of the market scenario regarding the market size, share, demand, growth, trends, and forecast from 2020-2026. The report deals with the impact analysis of the COVID-19 pandemic. The COVID-19 pandemic has impacted exports, imports, demand and trends in the industry and is expected to have some economic impact on the market. The report offers a comprehensive analysis of the impact of the pandemic across the industry and provides insights into a post-COVID-19 market scenario.
Rising requirement for green buildings might be another development factor in the redispersible polymer powder market. Product makers are more and more providing redispersible polymer powders with low levels of VOC emission.
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Scope of The Report:
Redispersible polymer powder was first created in the 1950s. Consistent innovation and research in this area has resulted in affordable manufacturing of the product with enhanced functions. This product is created by polymer emulsions’ spray drying. It improves the water retention of mortars and grouts and enhances bonding features. This makes it perfect to be employed in the construction sector. Developments in the construction industry might elevate the product requirement in the future.
The major players included in the global redispersible polymer powder market forecast are,
Nouryon S.A., BASF SE, Wacker Chemie AG, DowDupont Inc, Synthomer plc, Ashland Inc, Dairen Chemical Corporation, Organik Kimya San. Tic. A.S Group Co., Ltd, Shanxi Sanwei, Bosson Union Tech Co. Ltd, Acquos Pty Ltd.
On the basis of polymer, the redispersible polymer powder market is divided into acrylic, styrene butadiene, vinyl acetate ethylene, vinyl ester of versatic acid, and others. The acrylic section had a major market share, as acrylic redispersible polymer powder has outstanding cohesion and waterproofing properties besides being extremely flexible. It provides high water resistance and abrasion and offers excellent bonding strength to a series of surfaces and is employed to restore cracks in cement structures. Acrylic-based redispersible polymer powder is perfect for cement-based construction, owing to its amazing features like such as versatility, water resistance, flexibility, chemical stability, and superb hydrolysis resistance. Vinyl acetate ethylene is predicted to be in high requirement over the coming years, as it provides high saponification resistance and a wide series of glass transition temperatures. It also offers good bonding and high flexibility to the substances that are employed for construction reasons. These superior properties are expected to increase the requirement for redispersible polymer powder all over the world in the years to come.
Redispersible Polymer Powder Market Key Segments:
By Polymer Type: Acrylic, Vinyl Acetate Ethylene (VAE), Vinyl Ester of Versatic Acid (VeoVa), Styrene Butadiene, Others
By Application Type: Mortars and Cement, Masonry Mortar, Repair Mortar, Others
By End-Use Analysis: Residential, Non-Residential
Progress In The Construction Sector Might Power The Requirement In The Global Redispersible Polymer Powder Market In The Coming Years
Progress in the construction sector might power the requirement in the market in the coming years. This is owing to the increasing employment of the product in construction chemicals such as grouts, mortars, gypsum, tiling adhesives, and renders. The product assists in enhancing the physical characteristics needed for modern structures & buildings. It also assists in improving surface aesthetics, has abrasion resistance, and increases leveling. Rising requirement for green buildings might be another development factor in the redispersible polymer powder market. Product makers are more and more providing redispersible polymer powders with low levels of VOC emission. This makes the product well-suited in regions with strict environmental laws. Such product modernizations might make it appropriate to be employed in construction of green structures & buildings.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
Asia Pacific Is Expected To Be The Quickest Developing Area In The Redispersible Polymer Powder Market Share
Asia Pacific is expected to be the quickest developing area in the redispersible polymer powder market share. This is owing to the increasing number of housing projects in this area for the quickly growing population. As construction activities might elevate, particularly in nations such as India, China, and Indonesia, the requirement for the product will also increase as it provides better physical properties to structures and buildings. This region will develop at a remarkable annual rate in the coming period.
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