Redispersible Polymer Powder Market worth 2.61 Billion USD | Global Forecast to 2026


Posted July 2, 2018 by ggshri1989

Redispersible Polymer Powder Market research report categorizes the global market by Application, End-Use Industry, Type & by Geography.

 
The redispersible polymer powder market is projected to reach USD 2.61 Billion by 2026, at a CAGR of 4.9% from 2016 to 2026. The redispersible polymer powder market has witnessed high growth in the recent years, and this growth is projected to persist in the near future owing to increased repair, maintenance, and renovation activities in the residential, commercial and industrial construction end-use industries.

Browse 126 market data tables and 64 figures spread through 179 pages and in-depth TOC on “Redispersible Polymer Powder Market by Type (Acrylic, VAE, VeoVa, SB), Application (Tiling & Flooring, Mortars, Plastering, Insulation Systems), End-Use Industry (Residential, Commercial, Industrial Construction) - Global Forecast to 2026"

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The increasing requirement of redispersible polymer powders in the booming residential constructions and the use in maintenance projects is leading to the high growth of the redispersible polymer powder market.

Acrylic is the largest type segment in the redispersible polymer powder market

Acrylic redispersible polymer powder is the largest type segment of redispersible polymer powders due to the properties offered such as, high adhesion, abrasion resistance, flexural strength, good workability, resistance to UV degradation, and exterior durability. Acrylics are also able to sustain hot and dry climatic conditions where normally, mortars and plasters are prone to cracks.

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Tiling & flooring is the largest application segment of the redispersible polymer powder market

Tiling & flooring is the largest and the fastest growing application segment due to the increased renovation activities which are triggering the use of redispersible polymer powders in this application. Increased disposable incomes of customers is leading to high expenditure on decorative applications such as attractive tiles and aesthetically improved flooring. This has further offered growth opportunities for the redispersible polymer powder market.

Residential construction end-use industry is estimated to have the largest market share

The residential construction end-use industry is booming across the globe, thus making it the largest segment using redispersible polymer powders. Increased investments in affordable housing schemes, new high end construction projects and the renovation of old buildings is leading to the high growth of the redispersible polymer powders market.

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Asia-Pacific is projected to lead the redispersible polymer powder market during the forecast period

The Asia-Pacific region is the largest market for redispersible polymer powders owing to the increasing investment and infrastructural projects in emerging countries such as India and China. This is also leading to the growth in the use of redispersible polymer powders in residential construction, which is booming due to the requirement for increasing housing schemes to cater to the growing populations in these countries.

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Categories Business
Tags redispersible polymer powders market
Last Updated July 2, 2018