• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Redispersible Polymer Powder Market

    ID: MRFR/CnM/3836-CR
    138 Pages
    Priya Nagrale
    May 2018

    Redispersible Polymer Powder Market Research Report Information: By Type (Styrene Butadiene Dispersible), By Application (Tiles and Flooring, Insulation System), By End-Use (Residential Construction) - Global Forecast till 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Redispersible Polymer Powder Market Infographic
    Purchase Options

    Redispersible Polymer Powder Market Summary

    As per Market Research Future Analysis, the global redispersible polymer powder market was valued at USD 1.52 billion in 2020 and is projected to reach USD 2.39 billion by 2030, growing at a CAGR of 5.77% during the forecast period from 2022 to 2030. The market is driven by increasing applications in green building construction, particularly in mortars and plasters, which enhance durability and reduce maintenance costs. The COVID-19 pandemic has posed challenges, including supply chain disruptions and decreased demand, but recovery is anticipated as restrictions ease. Key players like Celanese Corporation and Akzo Nobel are actively enhancing their product offerings and sustainability initiatives.

    Key Market Trends & Highlights

    The redispersible polymer powder market is witnessing significant growth driven by sustainability and construction demands.

    • Market Value in 2020: USD 1.52 billion; Expected Value by 2030: USD 2.39 billion.
    • CAGR during forecast period (2022-2030): 5.77%.
    • Leading Application Segment: Tiling & Flooring, with a market value of USD 533.8 million in 2016.
    • Fastest Growing Type: Vinyl Acetate-Ethylene redispersible polymer powder, with a growth rate of over 7.50%.

    Market Size & Forecast

    2020 Market Size USD 1.52 Billion
    2030 Market Size USD 2.39 Billion
    CAGR 5.77%

    Major Players

    Celanese Corporation, Akzo Nobel N.V, Ashland Global Holding, Hexicon Inc, Synthomer Plc, Wacker Chemie AG, Puyang

    Redispersible Polymer Powder Market Drivers

    Market Growth Projections

    The Global Redispersible Polymer Powder Market Industry is projected to experience robust growth in the coming years. With a market value anticipated to reach 1.85 USD Billion in 2024 and further expand to 3.42 USD Billion by 2035, the industry is poised for a compound annual growth rate (CAGR) of 5.77% from 2025 to 2035. This growth is indicative of the increasing applications of redispersible polymer powders across various sectors, including construction, adhesives, and coatings. The positive market outlook reflects the ongoing innovations and rising demand for high-performance materials, positioning the Global Redispersible Polymer Powder Market Industry for sustained expansion.

    Expansion of Emerging Markets

    Emerging markets play a crucial role in the growth of the Global Redispersible Polymer Powder Market Industry. Countries in Asia-Pacific, Latin America, and Africa are experiencing rapid industrialization and urbanization, leading to increased demand for construction materials. The expansion of these markets is fueled by rising disposable incomes and urban population growth, which drive the need for housing and infrastructure development. As these regions invest in construction projects, the demand for redispersible polymer powders is expected to rise, contributing to the overall growth trajectory of the market. This trend underscores the potential of emerging markets in shaping the future of the Global Redispersible Polymer Powder Market Industry.

    Growing Demand in Construction Sector

    The Global Redispersible Polymer Powder Market Industry experiences a surge in demand primarily driven by the construction sector. As urbanization accelerates, the need for high-performance construction materials increases. Redispersible polymer powders enhance the properties of cement-based products, improving adhesion, flexibility, and water resistance. This trend is particularly evident in regions with rapid infrastructure development, where the market is projected to reach 1.85 USD Billion in 2024. The construction industry's growth, fueled by government initiatives and investments in housing and commercial projects, significantly contributes to the expansion of the Global Redispersible Polymer Powder Market Industry.

    Rising Adoption in Adhesives and Sealants

    The Global Redispersible Polymer Powder Market Industry is witnessing a notable increase in the adoption of these powders in adhesives and sealants. The versatility of redispersible polymer powders allows for enhanced bonding strength and flexibility in various applications, making them a preferred choice for manufacturers. As industries focus on developing eco-friendly and high-performance adhesive solutions, the demand for redispersible polymer powders is expected to grow. This trend aligns with the projected market growth, with estimates indicating a rise to 3.42 USD Billion by 2035, reflecting a compound annual growth rate (CAGR) of 5.77% from 2025 to 2035.

    Technological Advancements in Polymer Chemistry

    Technological advancements in polymer chemistry significantly influence the Global Redispersible Polymer Powder Market Industry. Innovations in production techniques and formulations lead to the development of superior polymer powders with enhanced properties. These advancements allow for better performance in various applications, including construction, coatings, and adhesives. As manufacturers strive to meet evolving industry standards and consumer preferences, the continuous improvement of redispersible polymer powders becomes essential. This dynamic environment fosters growth and positions the market for substantial expansion, as companies leverage these innovations to capture a larger share of the Global Redispersible Polymer Powder Market Industry.

    Increasing Focus on Sustainable Construction Practices

    The Global Redispersible Polymer Powder Market Industry is increasingly shaped by the focus on sustainable construction practices. As environmental concerns rise, builders and manufacturers are seeking materials that minimize ecological impact. Redispersible polymer powders, which can enhance the performance of eco-friendly building materials, are gaining traction. This shift towards sustainability is not only driven by regulatory pressures but also by consumer demand for greener products. As a result, the market is likely to see significant growth opportunities, aligning with the broader trend of sustainable development in the construction sector, thereby reinforcing the Global Redispersible Polymer Powder Market Industry.

    Key Companies in the Redispersible Polymer Powder Market market include

    Industry Developments

      • In April 2020, the highly populated Celanese Corporation decided to acquire Elotex’s range of redispersible polymer powder which improves the sustainability quotient of the building materials. Celanese got success in owning the worldwide production units for these polymer powders across Asia and Europe coupled with every product under Elotex’s portfolio along with its commercial facilities, technology, and customer agreements.
      • In June 2020, one of the leading enterprises, Celanese Corporation introduces the advanced Elotex range, Elotex FX 1000. This latest powder is based on vinyl versatile and copolymer vinyl acetate and helps in boosting the performance and quality of flexible, high-class, cementitious tile adhesives. This Elotex FX1000 also exhibits impressive eco-friendliness by helping the end-use industries to design the tile adhesives according to the strict environmental regulations about dry mortars.

    Future Outlook

    Redispersible Polymer Powder Market Future Outlook

    The Redispersible Polymer Powder Market is projected to grow at a 5.77% CAGR from 2024 to 2035, driven by increasing demand in construction and adhesives.

    New opportunities lie in:

    • Develop eco-friendly redispersible polymer powders to meet sustainability trends.
    • Expand distribution networks in emerging markets to capture new customer bases.
    • Invest in R&D for innovative applications in the automotive and textile industries.

    By 2035, the market is expected to achieve robust growth, solidifying its position as a key player in various industries.

    Market Segmentation

    Study Objectives -

    • To track and analyze new product developments, strategic alliances, and global redispersible polymer powder market research.
    • To provide a strategic profile of the prominent key players in the market, analyze their core competencies, and draw a global redispersible polymer powder market growth landscape.
    • To provide country-level analysis of the redispersible polymer powder market growth by region, form, and application.
    • To provide the country-level analysis of the current redispersible polymer powder market size and future prospective.
    • To provide history and forecast revenue segments and sub-segments of the redispersible polymer powder market revenue for the main geographies.
    • To analyze the redispersible polymer powder market industry analysis based on porter’s five force analysis, factors-price analysis, supply chain analysis, etc.
    • To provide the factors that are affecting the growth of the redispersible polymer powder market value.
    • To provide detailed information about the redispersible polymer powder market structure along with various forecast segments and subsegments for the next 10 years.

    Recent Developments

    • In June 2020, one of the leading enterprises, Celanese Corporation introduces the advanced Elotex range, Elotex FX 1000. This latest powder is based on vinyl versatile and copolymer vinyl acetate and helps in boosting the performance and quality of flexible, high-class, cementitious tile adhesives. This Elotex FX1000 also exhibits impressive eco-friendliness by helping the end-use industries to design the tile adhesives according to the strict environmental regulations about dry mortars.
    • In April 2020, the highly populated Celanese Corporation decided to acquire Elotex’s range of redispersible polymer powder which improves the sustainability quotient of the building materials. Celanese got success in owning the worldwide production units for these polymer powders across Asia and Europe coupled with every product under Elotex’s portfolio along with its commercial facilities, technology, and customer agreements.

    Competitive Landscape

    • Puyang
    • Wacker Chemie AG (Germany)
    • Synthomer Plc (UK)
    • Hexicon Inc (U.S)
    • Ashland Global Holding (U.S)
    • Akzo Nobel N.V (Netherlands)
    • Divnova Specialities (India)

    Report Scope

    Attribute/Metric Details
      Market Size  2030: USD 2.39 Billion
      CAGR   5.77% (2022-2030)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Type, Application and End-Use
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Divnova Specialities (India), Akzo Nobel N.V.(Netherland), Ashland Global Holding (U.S.), Hexion Inc (U.S.), Synthomer Plc (U.K), Wacker Chemie AG (Germany), Puyang Yintai Industrial (China), Acquos (Australia), The Dow Chemicals Company (U.S.), Benson Polymers Limited (India), BASF SE (Germany), Dairen Chemical Corporation (Taiwan), Organic Kimya (Turkey), Bosson Union Tech (China)
      Key Market Opportunities   Rising Popularity of Green Buildings to Offer Remarkable Opportunities
      Key Market Drivers   Soaring Construction Projects to be a key Growth Inducing Factor

    Market Highlights

    Author
    Priya Nagrale
    Senior Research Analyst

    With an experience of over five years in market research industry (Chemicals & Materials domain), I gather and analyze market data from diverse sources to produce results, which are then presented back to a client. Also, provide recommendations based on the findings. As a Senior Research Analyst, I perform quality checks (QC) for market estimations, QC for reports, and handle queries and work extensively on client customizations. Also, handle the responsibilities of client proposals, report planning, report finalization, and execution

    Leave a Comment

    FAQs

    What is the market’s valuation?

    The global redispersible polymer powder market is expected to grow to more than USD 2.39 billion by 2035.

    What is the CAGR of the market?

    The market is expected to exhibit a strong 6.66% CAGR over the forecast period from 2017 to 2023.

    What is the major driver for the market?

    Growing use of redispersable polymer powder in tile and flooring applications is the major driver for the market.

    Which is the leading regional market?

    Asia Pacific is the largest regional market due to the growing construction industry in the region.

    What are the leading market players?

    Leading players in the global redispersible polymer powder market include Acquos, Wacker Chemie, and Dow, among others.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials