Title: Redispersible Polymer Powder Market 2021 Growth Factors, Technological Innovation and Emerging Trends 2026
1 Redispersible Polymer Powder Market Size 2021
Industrial Trends, Future Developments, Regional
Outlook and Forecast 2026
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2Global Market Scenario of Redispersible Polymer
Powder Industry
- According to the report by GMI, Asia Pacific will
have significant growth rate in redispersible
polymer powder market due to high growth in the
construction sector. Increasing construction
activities for development of residential
building structures in the major countries
including India, Indonesia, China, etc. are
likely to drive the product demand in Asia
Pacific. - Europe will also hold significant share in the
industry due to presence of key industry players.
The region has reported significant increase in
the number of construction activities. Rising
construction industry in Italy, France and Spain
will propel the regional redispersible polymer
powder demand by 2026. - Growing construction sector across the world will
drive the redispersible polymer powder industry
demand by 2026. The product is extensively used
in a variety of construction chemicals including
gypsum, grouts, mortars, renders, tiling
adhesives etc. to enhance the physical properties
of the modern structures and buildings. The
product enhances the levelling, abrasion
resistance, and aesthetic properties of these
construction chemicals. Increasing expenditure in
the construction sector will further propel the
redispersible polymer powder demand by 2026.
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3Continue-
- Another key growth enabling factor is increasing
residential projects in the Asia Pacific, which
will drive the product demand by 2025. This is
due to population increase in the region, which
has grown to around 4 billion people in 2018.
Increasing migration from rural areas to urban
cities will further drive the demand for more
residential buildings in the near future, which
will enhance the redispersible polymer powder
market demand by 2026. - According to polymers, the industry has been
segregated into vinyl ester of versatic acid
(VeoVA), vinyl acetate ethylene (VAE), acrylic
and other polymers. VeoVA product segment will
grow at a CAGR of approximately 7 in the near
future due to growing product demand in the
applications of plasters and mortars.
Redispersible polymer powder enhances key
properties such as flexural strength and adhesion
properties of these construction chemicals. - Application segment of the redispersible polymer
powder industry includes, mortar cement, tiling
flooring, plastering gypsum, insulation
system and other applications. Mortar cement
will account for approximately 30 share of
overall industry in next few years. Increasing
usage of redispersible polymer powder in
enhancing chemical properties of the mortars is
responsible for the segments growth.
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5360 Industry Analysis
- On the basis of end-user industry, the industry
has been categorized into commercial,
residential, institutional and industrial.
Commercial segment will grow at an approximately
7 CAGR in next few years. Growing product demand
in the construction of office building and
shopping complexes will drive the segments
growth. - Institutional application section will hold
around 20 share of the overall industry. This is
attributed to the increasing product demand in
the construction of colleges, schools,
institutional buildings, etc. -
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6- Competitive Analysis
- Redispersible polymer powder industry share is
extremely competitive, with numerous players. The
main players include DowDupont, Bosson Union
Tech, Dairen Chemical, Synthomer, Organik Kimya
San. Tic. A.S. and Shanxi Sanwei.
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Powder Market_at_ https//www.gminsights.com/industry
-analysis/redispersible-polymer-powder-market
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