Global Redispersible Polymer Powder Market to Grow at a CAGR of 5.7% During 2024-2032, Driven by the Growing Industrialisation

The redispersible polymer powder industry is being driven by the burgeoning construction sector, consisting of commercial establishments and public infrastructure and utilities. A surge in residential construction projects across the globe and an increase in usage of redispersible polymer powder in construction chemicals such as tiling adhesives, mortars gypsum, grouts, and renders are the major factors driving the market growth. Additionally, rising research and development activities in the industry and the increasing investments by the key players are also contributing to the growth of the market. Redispersible polymer powder improves tensile strength, stability, toughness, and impact tolerance. The increasing population, and rapid industrialisation and urbanisation are expected to significantly contribute to the growth of the market. The industrial plants are exposed to a high level of shock and tremor. The application of redispersible powder is mandatory to enhance the strength of these buildings by improving the chemical properties of mortars and other dry mix products. Rise in the demand of redispersible polymer powder in green buildings is likely to be another key trend bolstering the market growth in the forecast period.

In January 2020, Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, and Nouryon had announced that both the companies had signed an agreement for Celanese to acquire Nouryon’s redispersible polymer powders business offered under the Elotex® brand. By acquiring Elotex, the company will have direct access to rapidly growing customer base of redispersible polymer powders industry.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Analysis by Type, Application, End User, and Region:

• The market on the basis of type can be divided into vinyl acetate ethylene (VAE), vinyl ester of versatic acid (VeoVa), acrylic powder, and styrene butadiene, among others.

• Based on application, the industry can be divided into mortars and cement, insulation and finish systems, tile adhesives and grouts, self-leveling underlayment, and plasters, among others.

• Based on end user, the industry can be divided into residential, and non- residential.

• The regional markets for redispersible polymer powder include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The global market for redispersible polymer powder is being driven by the rising residential projects in the developing countries.

• The industry is receiving a further impetus with the rapid development of the construction sector.

• The rise in demand for green buildings is expected to further propel the market growth.

• The rising research and development activities have significantly contributed to the market expansion.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for redispersible polymer powder for the periods (2018-2023) and (2024-2032).

• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the types, applications, end users, and regions of redispersible polymer powder.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global redispersible polymer powder market are BASF SE, Hexion Inc., Celanese Corporation, Dairen Chemical Corporation, and The Dow Chemical Company, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.