The global redispersible polymer powder market is
expected to witness upswing over the tenure of assessment due to the
flourishing businesses of construction industry. With increased use of
construction chemicals like renders, gypsum, adhesives, tiling, grouts, and
mortars, redispersible
polymer powder is likely to witness an escalated demand over
the forecast timeframe. The product assists in the improvement of physical
characteristics needed for constructing structures and buildings. It also
assists in the enhancement of surface aesthetics together with abrasion
resistance and increased leveling.
Henan Botai Chemical Building Materials Co., Ltd,
Dow Chemical Company, Joyforce Chemical Industrial Co., Ltd, Polymers
International (pvt.)Ltd, AkzoNobel Functional Chemicals, and Wacker Chem ie AG
are some of the renowned companies in the global redispersible polymer powder
market.
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An all-inclusive report on the global redispersible
polymer powder market has been made for the review period of 2018 to 2026. The
report estimates that the global redispersible polymer powder market is likely
to rise to prominence reaching US$ 2.65 Bn through 2026.
North America to Account for a
Large Chunk of the Market in Forthcoming Years
Based on the regional segmentation, North America
is likely to account for a large chunk of the global redispersible polymer
powder market over the assessment tenure. The North America redispersible
polymer powder market is anticipated to be driven by the booming construction
industry in the US.
Asia Pacific is likely to be account for a lesser
share of the global redispersible polymer powder market over the tenure of
assessment, from 2018 to 2026. Despite such a gloomy scenario in Asia Pacific, India
is likely to present a promising growth opportunity due to the booming
construction business in the country. In Europe, the U.K. is likely to surpass
Germany in terms of share of the global redispersible polymer powder market.
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Increased Demand from Various End
Use to Offer Lucrative Opportunities
Redispersible polymer powder refers to a type of
polymer emulsions produced by a number of processes such as spray drying and
surface treatment of thermoplastic resin materials of powder forms. These
powders are capable of redispersing back into brand new emulsions containing
properties similar to that of the original copolymer emulsions. This happens
after treatment with water.
The global redispersible polymer powder market is
anticipated to witness substantial gains from its extensive use in mortar
mixtures. In this, redispersible polymer powder adds various useful properties
to the mortar such as cohesion, flexibility, and increased cohesiveness. In
addition, redispersible polymer powder is capable of bettering the water
retention properties of mortar. It also helps in bond strengthening of mortar.
In addition to being used in mortar, redispersible polymer powder also find
wide use in various other applications like its use as an agglutinant in white
cement and talcum powder, in the making of internal or external wall putty.
Such varied uses are prophesized to offer copious growth opportunities for the
global redispersible polymer powder market in forthcoming years.
The information shared in this review is based on a
TMR report, bearing the title, “Redispersible Polymer Powder market (Polymer -
Acrylic, Vinyl Acetate Ethylene, Vinyl Ester of Versatic Acid, and Styrene
Butadiene; Application - Mortars and Cements, Tile Adhesives and Grouts,
Insulation and Finish Systems, Plasters, and Self-Leveling Underlayment; End
use – Residential and Non-residential) - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2018 to 2026”
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