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Global Redispersible Polymer Powder Market to Grow at a CAGR of 5.9% During 2022-2027, Driven by the Growing Industrialisation

Redispersible Polymer Powder Market

Global Redispersible Polymer Powder Market Size, Forecast: By Type: Vinyl Acetate Ethylene (VAE), Vinyl Ester of Versatic Acid (VeoVa), Acrylic Powder, Styrene Butadiene, Others; By Application: Mortars and Cement, Insulation and Finish Systems, Tile Adhesives and Grouts, Others; By End User; Regional Analysis; Competitive Landscape; 2024-2032

Global Redispersible Polymer Powder Market Outlook

The global redispersible polymer powder market stood at a value of more than USD 2.02 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.7% to reach a value of over USD 3.33 billion by 2032.

 

Global Redispersible Polymer Powder Market

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Residential Segment to Exhibit a Significant Growth in the Forecast Period

Based on end user, the residential segment is predicted to witness a significant growth in the forecast period. The rapidly increasing population, urbanisation, and rising disposable income levels are projected to boost the residential construction activities, driving the demand for redispersible polymer powder in residential construction.

 

The Asia Pacific Region is Expected to Attain a Significant Growth in the Forecast Period

Geographically, the Asia Pacific redispersible polymer powder industry is expected to attain a significant growth in the forecast period owing to the rapid urbanisation and industrialisation in developing economies such as India, China, and others. Moreover, the increasing population, improvements in living standards, and growing residential and commercial construction activities are expected to propel the growth of the redispersible polymer powder industry in the Asia Pacific region in the forecast period.

 

Redispersible Polymer Powder: Market Segmentation

Redispersible polymer powder is a free-flowing, white powder polymer emulsion obtained after a series of processes such as spray drying (atomising the aqueous polymer dispersions in a stream of hot air), high temperatures and pressures, and surface treatment to powdered thermoplastic resin materials. When blended with water, these powders can redisperse in water back into new emulsions with essentially identical properties to the original copolymer emulsions.
 

Global Redispersible Polymer Powder Market by Segment

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Based on type, the industry can be categorised into:

  • Vinyl Acetate Ethylene (VAE)
  • Vinyl Ester of Versatic Acid (VeoVa)  
  • Acrylic Powder 
  • Styrene Butadiene 
  • Others

On the basis of application, the industry can be segmented into:

  • Mortars and Cement 
  • Insulation and Finish Systems 
  • Tile Adhesives and Grouts
  • Self-Leveling Underlayment
  • Plasters
  • Others

Based on end user, the industry can be divided into:

  • Residential
  • Non-residential

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Redispersible Polymer Powder Market by Region

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Rising Application of Redispersible Polymer Powder in the Construction Sector to Bolster the Growth of the Global Redispersible Polymer Powder Industry

The global market for the redispersible polymer powder has been growing considerably for the last few years owing to the burgeoning construction sector, consisting of commercial establishments and public infrastructure and utilities. The rise in residential projects across the globe and an increase in the usage of redispersible polymer powder in construction chemicals such as tiling adhesives, mortars gypsum, grouts, and renders, among others are supporting the market growth. 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. Additionally, the rising research and development activities and a rise in demand for the product in green buildings are also contributing positively to the growth of the market. Furthermore, redispersible polymer powder improves tensile strength, stability, toughness, and impact tolerance. Moreover, the increasing population and the rapid industrialisation and urbanisation are expected to significantly contribute to the growth of the market.

 

Key Industry Players in the Global Redispersible Polymer Powder Market

The report gives a detailed analysis of the following key players in the global redispersible polymer powder market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • BASF SE 
  • Hexion Inc. 
  • Celanese Corporation  
  • Dairen Chemical Corporation 
  • The Dow Chemical Company 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, End User, Region
Breakup by Type Vinyl Acetate Ethylene (VAE), Vinyl Ester of Versatic Acid (VeoVa), Acrylic Powder, Styrene Butadiene, Others
Breakup by Application Mortars and Cement, Insulation and Finish Systems, Tile Adhesives and Grouts, Self-Leveling Underlayment, Plasters, Others
Breakup by End User Residential, Non-residential
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered BASF SE, Hexion Inc., Celanese Corporation, Dairen Chemical Corporation, The Dow Chemical Company, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Redispersible Polymer Powder Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Redispersible Polymer Powder Historical Market (2018-2023) 
    8.3    Global Redispersible Polymer Powder Market Forecast (2024-2032)
    8.4    Global Redispersible Polymer Powder Market by Type
        8.4.1    Vinyl Acetate Ethylene (VAE)
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Vinyl Ester of Versatic Acid (VeoVa) 
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Acrylic Powder
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Styrene Butadiene
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Redispersible Polymer Powder Market by Application
        8.5.1    Mortars and Cement
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Insulation and Finish Systems
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Tile Adhesives and Grouts
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Self-Leveling Underlayment
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Plasters
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Redispersible Polymer Powder Market by End User
        8.6.1    Residential
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Non-residential
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)    
    8.7    Global Redispersible Polymer Powder Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Redispersible Polymer Powder Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Redispersible Polymer Powder Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Redispersible Polymer Powder Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Redispersible Polymer Powder Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Redispersible Polymer Powder Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1     BASF SE
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Hexion Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Celanese Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Dairen Chemical Corporation
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5     The Dow Chemical Company
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Redispersible Polymer Powder Market: Key Industry Highlights, 2018 and 2032
2.    Global Redispersible Polymer Powder Historical Market: Breakup by Polymer Type (USD Billion), 2018-2023
3.    Global Redispersible Polymer Powder Market Forecast: Breakup by Polymer Type (USD Billion), 2024-2032
4.    Global Redispersible Polymer Powder Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Redispersible Polymer Powder Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Redispersible Polymer Powder Historical Market: Breakup by End User (USD Billion), 2018-2023
7.    Global Redispersible Polymer Powder Market Forecast: Breakup by End User (USD Billion), 2024-2032
8.    Global Redispersible Polymer Powder Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Redispersible Polymer Powder Market Forecast: Breakup by Region (USD Billion), 2024-2032  
10.    North America Redispersible Polymer Powder Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Redispersible Polymer Powder Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Redispersible Polymer Powder Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Redispersible Polymer Powder Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Redispersible Polymer Powder Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Redispersible Polymer Powder Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Redispersible Polymer Powder Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Redispersible Polymer Powder Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Redispersible Polymer Powder Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Redispersible Polymer Powder Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Redispersible Polymer Powder Market Structure

Key Questions Answered in the Report

What was the global redispersible polymer powder market size in 2023?

In 2023, the global redispersible polymer powder market attained a value of more than USD 2.02 billion.

What is the growth rate of the market?

The market is projected to grow at a CAGR of around 5.7% between 2024 and 2032.

What is the forecast outlook of the market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of over USD 3.33 billion by 2032.

What are the major industry drivers?

Developments in the construction sector and the rising number of residential projects across the globe are expected to propel the growth of the market over the forecast period.

What are the key industry trends of the global redispersible polymer powder market?

The key market trends guiding the growth of the industry include the increasing inclination towards construction materials with high tensile strength, stability, and toughness.

What are the major regional markets of redispersible polymer powder, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major types of the product included in the market report?

Vinyl acetate ethylene (VAE), vinyl ester of versatic acid (VeoVa), acrylic powder, and styrene butadiene, among others are the major types of the product included in the market report.

What are the major applications of redispersible polymer powder?

The major applications of the product are mortars and cement, insulation and finish systems, tile adhesives and grouts, self-leveling underlayment, and plasters, among others.

What are the different end users of the product?

Residential and non-residential are the different end users of the product.

Who are the key industry players, according to the report?

The major players in the industry are BASF SE, Hexion Inc., Celanese Corporation, Dairen Chemical Corporation, The Dow Chemical Company, among others.

Analyst Review

The global redispersible polymer powder market attained a value of more than USD 2.02 billion in 2023, driven by the increasing population and rapid urbanisation. Aided by the rising research and development activities in the construction industry, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.7%. The market is projected to reach a value of over USD 3.33 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. 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 major regional markets for global redispersible polymer powder are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BASF SE, Hexion Inc., Celanese Corporation, Dairen Chemical Corporation, and The Dow Chemical Company, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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