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Global Redispersible Polymer Powder Market: By Type: Vinyl Acetate Ethylene (VAE), Vinyl Ester of Versatic Acid (VeoVa), Acrylic Powder, Styrene Butadiene, Others; By Application; By End User; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Redispersible Polymer Powder Market Outlook
The global redispersible polymer powder market stood at a value of more than USD 1.8 billion in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 5.9% to reach a value of over USD 2.5 billion by 2027.
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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.
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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.
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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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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 (2018-2022)
8.3 Global Redispersible Polymer Powder Market Forecast (2023-2028)
8.4 Global Redispersible Polymer Powder Market by Type
8.4.1 Vinyl Acetate Ethylene (VAE)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Vinyl Ester of Versatic Acid (VeoVa)
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Acrylic Powder
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Styrene Butadiene
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Redispersible Polymer Powder Market by Application
8.5.1 Mortars and Cement
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Insulation and Finish Systems
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Tile Adhesives and Grouts
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Self-Leveling Underlayment
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Plasters
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Redispersible Polymer Powder Market by End User
8.6.1 Residential
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Non-residential
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Redispersible Polymer Powder Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Redispersible Polymer Powder Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Redispersible Polymer Powder Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Redispersible Polymer Powder Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Redispersible Polymer Powder Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Redispersible Polymer Powder Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 2028
2. Global Redispersible Polymer Powder Historical Market: Breakup by Polymer Type (USD Billion), 2018-2022
3. Global Redispersible Polymer Powder Market Forecast: Breakup by Polymer Type (USD Billion), 2023-2028
4. Global Redispersible Polymer Powder Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Redispersible Polymer Powder Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Redispersible Polymer Powder Historical Market: Breakup by End User (USD Billion), 2018-2022
7. Global Redispersible Polymer Powder Market Forecast: Breakup by End User (USD Billion), 2023-2028
8. Global Redispersible Polymer Powder Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Redispersible Polymer Powder Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Redispersible Polymer Powder Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Redispersible Polymer Powder Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Redispersible Polymer Powder Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Redispersible Polymer Powder Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Redispersible Polymer Powder Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Redispersible Polymer Powder Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Redispersible Polymer Powder Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Redispersible Polymer Powder Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Redispersible Polymer Powder Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Redispersible Polymer Powder Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Redispersible Polymer Powder Market Structure
Key Questions Answered in the Report
In 2021, the global redispersible polymer powder market attained a value of more than USD 1.8 billion.
The market is projected to grow at a CAGR of around 5.9% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of over USD 2.5 billion by 2027.
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.
The key market trends guiding the growth of the industry include the increasing inclination towards construction materials with high tensile strength, stability, and toughness.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
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.
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.
Residential and non-residential are the different end users of the product.
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 1.8 billion in 2021, 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 2023-2028, growing at a CAGR of 5.9%. The market is projected to reach a value of over USD 2.5 billion by 2027.
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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