Redispersible Polymer Powder Market Size, Share & Trends Analysis Report By Type (Vinyl Acetate Ethylene, Vinyl Ester of Versatic Acid, Acrylic Powder, Styrene Butadiene, Others), By End-use Industry, By Region, And Segment Forecasts, 2023 To 2030

The redispersible polymer powder market is a growing industry that involves producing and selling of polymer powders that can be redispersed in water. These powders are commonly used in the construction industry as additives to improve the properties of cement, mortar, and other building materials. The market for redispersible polymer powder is expected to continue to grow in the coming years, driven by the increasing demand for high-quality building materials and the need for sustainable construction practices. Some key factors driving the growth of the redispersible polymer powder market include the increasing adoption of green building practices, the rise in urbanization, and the growing demand for energy-efficient buildings.

One of the main advantages of redispersible polymer powder is that it improves the mechanical properties of building materials, such as adhesion, flexural strength, and water resistance. It also enhances the durability and workability of the materials. Redispersible polymer powder helps produce tile adhesives, skim coats, grouts, and other construction materials. In addition to the construction industry, redispersible polymer powder is used to produce paints & coatings, textiles, and pharmaceuticals. The increasing need for these products is driving the growth of the global redispersible polymer powder market.

Asia Pacific is one of the major regions in the construction industry. China, India, and Japan are some of the major construction markets in the region. The rapid urbanization, population growth, and increasing infrastructure development are driving the construction industry in the region. According to the World Green Building Council, 60% of the world’s population already lives in the Asia Pacific region. The urban population in the region is expected to reach 3.3 billion by 2050, adding further demand for the construction sector. The increasing need for redispersible polymer powder in the construction industry is driving the market growth.

Several key redispersible polymer powder market players are investing heavily in research and development. This investment aims to develop new and innovative products that meet the changing needs of construction and other industries. These key players are also adopting different strategies like new launches, collaborations, and mergers & acquisitions. For instance, in August 2022, Wacker Chemie AG launched a silicone-based additive for polyethylene molding compounds named GENIOPLAST PE50S08. This product improves the surface structure of polyethylene products and the scratch resistance of polypropylene products.

Redispersible Polymer Powder Market Segmentation

• By Type

  • Vinyl Acetate Ethylene (VAE)

  • Vinyl Ester of Versatic Acid (VAE-VeoVa)

  • Acrylic Powder

  • Others

• By Application

  • Mortars and Cement

  • Insulation and Finish Systems

  • Tile Adhesives and Grouts

  • Self-Leveling Underlayment

  • Plasters

  • Others

• By End-Use Industry

  • Residential

  • Non- Residential

• Key players

  • BASF SE

  • Hexion.

  • Celanese Corporation

  • DCC

  • Dow

  • Acquos

  • Nouryon

  • Anhui Elite Industrial Co.,ltd

  • Wacker Chemie AG

  • Baoding Hualian Top Technology Co.,Ltd

  • SIDLEY CHEMICAL CO., LTD.