The global redispersible polymer powder market size was evaluated at $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.
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Redispersible polymer powder is a free-flowing organic polymer powder that is generated by spray-drying a diverse array of polymers, including vinyl acetate ethylene, acrylic, styrene butadiene, and the vinyl ester of versatic acid.
The redispersible polymer powder market is being driven by the increase in the plasticity adhesion, self-leveling compounds, and tile cement of gypsum plaster. It is employed in a variety of applications, including self-leveling flooring compounds, repair mortars, external thermal insulation composite systems, screeds, plasters, grouts, and sealant slurries with cement.
The redispersible polymer powder market is anticipated to expand steadily during the forecast period. This is due to the advantages of redispersible polymer powder in the construction industry, including improved water retention and workability, increased flexural strength and flexibility, the development of mortar strength, and strong abrasion and impact resistance.
An analysis of company market share is provided in the report to provide a more comprehensive understanding of the primary market participants. Furthermore, the report addresses the market’s critical strategic developments, such as acquisitions and mergers, new product launches, agreements, partnerships, collaborations and joint ventures, research and development, and regional expansion of major market participants on a global and regional scale.
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The Global Redispersible Polymer Powder Market is segmented based on product, application and region
Global Redispersible Polymer Powder Market: Product Segment Analysis
● Acrylic
● Vinyl Acetate Ethylene (VAE)
● Vinyl Ester of Versatic Acid (VeoVa)
● Styrene Butadiene
● Others
Global Redispersible Polymer Powder Market: Application Segment Analysis
● Tile Adhesives and Grouts
● Insulation and Finish Systems
● Plasters
● Self-Leveling Underlayment
● Others
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The global Redispersible Polymer Powder market profiles key players such as:
● DowDuPont
● Synthomer
● Benson Polymers
● Organik Kimya
● AkzoNobel
● Dongxing Chemical
● Wacker Chemie
● Clariant
● Arkema
● Dairen Chemical Corporation
Regional Perspectives on the Redispersible Polymer Powder Market
The historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa is included in the regional segment. The redispersible polymer powder market was primarily dominated by the Asia Pacific region in 2018, as a result of the increasing demand for mortars in countries such as China and India.
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