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The redispersible polymer powder market size is valued to increase USD 677.5 million, at a CAGR of 5.6% from 2023 to 2028. Rapid increase in road and bridge construction will drive the redispersible polymer powder market.
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The redispersible polymer powder industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The residential segment is estimated to witness significant growth during the forecast period.
Redispersible polymer powder is a versatile material gaining significant traction in the construction industry, particularly in the residential sector. Currently, the market for this product is expanding, with adoption in wall putties, flooring compounds, and tile adhesives experiencing a notable increase of 15%. Furthermore, the market is projected to continue growing, with industry experts anticipating a rise in demand by 18% during the forecast period. The material's desirable properties, such as moisture sensitivity, sedimentation rate, water retention capacity, drying rate, cohesion strength, water absorption, particle morphology, polymer dispersion stability, particle size distribution, UV resistance, binder strength, impact resistance, coating uniformity, gloss level, compaction behavior, color stability, adhesive properties, thermal stability, binder performance, abrasion resistance, powder redispersibility, surface coating technology, shelf life stability, mechanical strength, chemical resistance, and processing parameters, contribute to its widespread adoption.
These properties make redispersible polymer powder an attractive alternative to traditional building materials due to its affordability and eco-friendliness. Its adaptability and ability to maintain its performance characteristics make it an ideal choice for residential construction projects, where flexibility and ease of use are essential. Additionally, its compatibility with various application viscosities and film formation processes allows for seamless integration into the construction process. The material's rheological properties, such as tensile strength and flexural strength, ensure the longevity and durability of the finished structures. Its resistance to wear and tear, as well as its chemical resistance, contribute to its overall reliability and suitability for various applications.
Furthermore, its moisture sensitivity and water retention capacity make it an excellent choice for humid environments, ensuring the structures remain stable and resilient. In conclusion, the market for redispersible polymer powder is experiencing steady growth, driven by its versatility, affordability, and eco-friendliness. Its desirable properties make it a popular choice for the construction industry, particularly in the residential sector, where flexibility, ease of use, and durability are essential. The market is expected to continue growing, offering numerous opportunities for businesses and investors alike.
The Residential segment was valued at USD 949.20 million in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 43% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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In the Asia Pacific (APAC) region, the market is projected to expand significantly due to increasing demand from industries like building and construction. Countries such as India, Vietnam, Thailand, and Malaysia are key contributors, with their growing construction industries driven by population growth, urbanization, and economic development. These countries offer cost advantages due to lower regulations and labor costs. Redispersible polymer powder is a versatile material, widely used in applications such as tile adhesives, flooring compounds, and wall putties, because of its adaptability and affordability. According to recent reports, APAC is anticipated to be one of the fastest-growing markets for this product category.
In 2020, the market share of redispersible polymer powder in the APAC construction industry was approximately 35%, and it is projected to reach 40% by 2025. Additionally, the market for redispersible polymer powder in the APAC paint industry was valued at around USD 250 million in 2020, and it is expected to reach USD 350 million by 2025, growing at a CAGR of 8% during the forecast period.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market is a dynamic and intriguing domain within the broader realm of binder performance coatings. This market is characterized by the use of specialized polymers that exhibit exceptional effect temperature redispersibility, enabling their application in various industries and applications. The impact of particle size on binder performance is a critical factor in this market, as smaller particles often lead to improved coating uniformity during film formation. The relationship between rheology and polymer powder is another essential aspect of this market. Optimizing the drying process to ensure cohesive strength and uniformity is crucial for high-quality coatings.
Characterization of particle morphology and rheology is essential to understanding the influence of surface treatment on powder redispersibility. The chemical composition of redispersible polymer powders significantly impacts adhesion strength. Analysis of dispersion stability in different solvents and measurement of sedimentation rates under various conditions are essential to assessing the performance of these materials. Determination of particle size distribution using advanced techniques and evaluation of the film formation process through microscopy are also vital in this market. Thermal stability and long-term storage are crucial factors in the market. Study of UV resistance through outdoor exposure and investigation of impact processing parameters are essential to maintaining coating quality.
Assessment of moisture sensitivity during powder handling and determination of application viscosity at different shear rates are also critical aspects of this market. Compared to traditional coatings, redispersible polymer powders offer several advantages, such as improved coating uniformity and enhanced mechanical properties. For instance, the industrial application segment accounts for a significantly larger share compared to the academic segment due to the former's focus on large-scale production and cost efficiency. In conclusion, the market is a vibrant and evolving domain that offers numerous opportunities for innovation and growth. By focusing on the factors that influence redispersibility, such as effect temperature, particle size, rheology, surface treatment, and optimization of the drying process, market participants can develop high-performance coatings that cater to the diverse needs of various industries.
The redispersible polymer powder market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the redispersible polymer powder market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Redispersible Polymer Powder Industry
Companies are implementing various strategies, such as strategic alliances, redispersible polymer powder market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Akzo Nobel N.V. - This company specializes in providing redispersible polymer powders, including Rilsan polyamide 11, for various industries. These advanced materials offer superior performance and versatility, enabling enhanced product functionality and sustainability. The company's commitment to innovation and quality sets it apart in the competitive polymer market.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Redispersible Polymer Powder Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
162 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.6% |
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Market growth 2024-2028 |
USD 677.5 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.22 |
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Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Brazil, Egypt, UAE, Oman, Argentina, KSA, UAE, Brazil, and Rest of World (ROW) |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What is the expected growth of the Redispersible Polymer Powder Market between 2024 and 2028?
USD 677.5 million, at a CAGR of 5.6%
What segmentation does the market report cover?
The report segmented by End-user (Residential and Non-residential), Application (Tilling and flooring, Mortars and cements, Plastering, and Insulation systems), Geography (APAC, Europe, North America, South America, and Middle East and Africa), and Type (Vinyl Acetate Ethylene (VAE), Acrylic, and Styrene Butadiene)
Which regions are analyzed in the report?
APAC, Europe, North America, South America, and Middle East and Africa
What are the key growth drivers and market challenges?
Rapid increase in road and bridge construction, Fluctuating prices of raw materials
Who are the major players in the Redispersible Polymer Powder Market?
Key Companies Akzo Nobel N.V., Archroma, Ashland Global Holdings Inc., BASF SE, Celanese Corporation, Dairen Chemical Corporation, Dow Inc., Eastman Chemical Company, Evonik Industries AG, H.B. Fuller Company, Hexion Inc., Kuraray Co., Ltd., Nouryon, Organik Kimya, Puyang Yintai New Building Materials Co., Ltd., Shin-Etsu Chemical Co., Ltd., Sika AG, Synthomer PLC, Vinavil S.p.A., and Wacker Chemie AG
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Application
8 Market Segmentation by Type
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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