Market Size of Redispersible Polymer Powder Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Redispersible Polymer (RDP) Powder Market Analysis
The market for Redispersible Polymer Powderis expected to grow at a CAGR of more than 5% globally during the forecast period.
- Redispersible polymer powders are polymer emulsions which have been converted by a series of process such as high temperatures and pressures, spray drying and surface treatment to powdered thermoplastic resin materials. When mixed with water, these powdered organic binders can redisperse in water back into new emulsions with essentially identical properties to the original copolymer emulsions.
- Major restraint is the difficulty in producing the polymer powder. While preparing redispersible polymer powder the difficulty experienced is the drying process. Not all emulsions can be converted into dispersible polymer powder because these thermoplastic polymer emulsions, film-forming or even tacky at room temperature, must be converted to free-flowing powders at high temperatures.
Redispersible Polymer (RDP) Powder Industry Segmentation
The Redispersible Polymer Powder Market report includes:
Type | |
Vinyl Acetate Ethylene (VAE) | |
Vinyl Aceteate/Vinayl Ester of Versatic Acid (VAE-VeoVa) | |
Acrylic Powder | |
Others |
Application | |
Plasters and Renders | |
Tile Adhesives | |
Grouts | |
Mortar Additive | |
Others |
End-user Industry | |
Residential | |
Commercial | |
Industrial/Institutional | |
Infrastructure |
Geography | |||||||
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Redispersible Polymer Powder Market Size Summary
The redispersible polymer powder market is poised for significant growth, driven by its application as an additive in construction materials such as tile adhesives, mortars, and plasters. These powders, derived from polymer emulsions through processes like spray drying and surface treatment, can be reconstituted with water to regain their original properties. Despite the challenges in production, particularly during the drying process, the market is dominated by three main types: Vinyl Acetate Ethylene (VAE), Vinyl Acetate/Vinyl Ester of Versatic Acid (VAE-VeoVa), and Acrylic Powder, with VAE being the most prevalent due to its superior properties like enhanced cohesiveness, flexibility, and waterproofing. The demand for these powders is largely driven by the construction industry's need for durable and efficient materials, particularly in tile applications.
The Asia Pacific region emerges as the largest market for redispersible polymer powder, fueled by substantial infrastructure development and increased cement consumption. Countries like China and India are at the forefront, with significant projected infrastructure needs, which in turn drive the demand for construction chemicals. The region's dominance is further supported by its high consumption of ceramic tiles, a key application area for redispersible polymer powders. The global market is fragmented, with major players including Nouryon, Dairen Chemical Corporation, BASF SE, Dow, and Wacker Chemie AG, all contributing to the competitive landscape. As the construction sector continues to expand, particularly in Asia Pacific, the market for redispersible polymer powders is expected to experience robust growth.
Redispersible Polymer Powder Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growing Residential and Non-Residential Construction
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1.1.2 Other Drivers
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1.2 Restraints
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1.2.1 Difficulty in Producing the Polymer Powder
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Vinyl Acetate Ethylene (VAE)
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2.1.2 Vinyl Aceteate/Vinayl Ester of Versatic Acid (VAE-VeoVa)
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2.1.3 Acrylic Powder
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2.1.4 Others
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2.2 Application
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2.2.1 Plasters and Renders
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2.2.2 Tile Adhesives
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2.2.3 Grouts
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2.2.4 Mortar Additive
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2.2.5 Others
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2.3 End-user Industry
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2.3.1 Residential
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2.3.2 Commercial
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2.3.3 Industrial/Institutional
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2.3.4 Infrastructure
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2.4 Geography
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2.4.1 Asia Pacific
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2.4.1.1 China
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2.4.1.2 India
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2.4.1.3 Japan
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2.4.1.4 South Korea
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2.4.1.5 Rest of Asia-Pacific
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2.4.2 North America
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2.4.2.1 United States
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2.4.2.2 Canada
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2.4.2.3 Mexico
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2.4.3 Europe
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2.4.3.1 Germany
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2.4.3.2 United Kingdom
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2.4.3.3 France
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2.4.3.4 Italy
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2.4.3.5 Rest of Europe
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle-East and Africa
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2.4.5.1 Saudi Arabia
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2.4.5.2 South Africa
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2.4.5.3 Rest of Middle-East and Africa
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Redispersible Polymer Powder Market Size FAQs
What is the current Redispersible Polymer Powder Market size?
The Redispersible Polymer Powder Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Redispersible Polymer Powder Market?
Nouryon, BASF SE, Dow, Wacker Chemie AG and Dairen Chemical Corporation are the major companies operating in the Redispersible Polymer Powder Market.