Research report focuses on top companies and crucial drivers, current growth dynamics, futuristic opportunities, and new product/project launches
NEW YORK , April 24, 2023 /PRNewswire/ -- The redispersible polymer powder market is set to grow by USD 699.56 million from 2022 to 2027, progressing at a CAGR of 6.02% during the forecast period. The rapid increase in road and bridge construction is driving market growth. The demand for redispersible polymer powders for use in the construction of roads and bridges is increasing, with the rising global government funding and support for infrastructure activities. For instance, during 2021-2022, the Indian government allocated USD 15 billion for the construction of national highways, roads, and bridges. Such investments are expected to fuel the demand for construction materials, including redispersible polymer powder, during the forecast period. Technavio's research report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. View a sample report! methyl hydroxyethyl cellulose
The redispersible polymer powder market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Competition in the market will intensify during the forecast period due to significant growth opportunities. Factors such as moderate entry barriers and easy access to distribution channels will ensure the entry of new vendors. The vendors in the market compete on factors such as quality, cost, and new manufacturing methodologies. Such factors will increase the demand for redispersible polymer powder. This, in turn, will drive the growth of the market during the forecast period. The key offerings of some of these vendors are listed below:
Arkema Group - The company offers redispersible polymer powder such as Rilsan polyamide 11.
BASF SE - The company offers redispersible polymer powder such as Acronal P 5033.
Celanese Corp. - The company offers redispersible polymer powder such as Elotex Powders.
CH Polymers Oy - The company offers redispersible polymer powder such as Polymers for paints and coatings.
To provide a deeper understanding of the competitive landscape, Technavio has profiled key players along with the study that categorizes the global market segmentation- View a sample
The residential segment will account for a significant share of market growth during the forecast period. Redispersible polymer powder is used in the residential sector due to its adaptability and the increasing demand for construction and renovation projects. The growing demand for affordable and environmentally friendly building materials is predicted to grow during the forecast period. This will provide significant opportunities for re-dispersible polymer powder manufacturers, suppliers, and distributors. Therefore, the residential segment is expected to grow during the forecast period.
View a sample report To learn about the contribution of each segment summarized in concise infographics and thorough descriptions.
APAC is estimated to account for 42% of the global market growth during the forecast period. The region is anticipated to be one of the fastest-growing markets for redispersible polymer powder due to factors such as population growth, urbanization, and economic development. Redispersible polymer powder is used in various applications, such as tile adhesives, flooring compounds, and wall putties. The presence of emerging countries such as India , Vietnam , Thailand , and Malaysia is propelling the growth of the construction industry in APAC due to the lack of regulations and low-cost labor. This, in turn, will drive the growth of the redispersible polymer powder during the forecast period in the region.
For more key highlights on the regional market share of most of the above-mentioned countries - View a sample report
The redispersible polymer powder market covers the following areas:
Redispersible polymer powder market sizing Redispersible polymer powder market forecast Redispersible polymer powder market analysis
D and L Industries Inc.
Shandong Hearst Building Material Co. Ltd.
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Redispersible Polymer Powder Market Scope
Accelerate at a CAGR of 6.02%
APAC, Europe, North America, South America, and Middle East and Africa
US, China, India, Indonesia, and Germany
Leading vendors, market positioning of vendors, competitive strategies, and industry risks
Amit Group, APL, Arkema Group, BASF SE, Celanese Corp., CH Polymers Oy, Chang Chun Group, D and L Industries Inc., Dow Inc., LABDHI CHEMICALS, Mayfair Biotech Pvt. Ltd., MSA Cellulose Products, Nordmann Rassmann GmbH, Sakshi Chem Sciences, Shandong Hearst Building Material Co. Ltd., Sidley Chemical Co. Ltd., Stahl Holdings B.V., Synthomer Plc, Visen Industries Ltd., and Wacker Chemie AG
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
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3.4 Market outlook: Forecast for 2022-2027
4.1 Global redispersible polymer powder market 2017 - 2021
4.2 End user Segment Analysis 2017 - 2021
6.3 Residential - Market size and forecast 2022-2027
6.4 Non-residential - Market size and forecast 2022-2027
7.3 Tilling and flooring - Market size and forecast 2022-2027
7.4 Mortars and cements - Market size and forecast 2022-2027
7.5 Plastering - Market size and forecast 2022-2027
7.6 Insulation systems - Market size and forecast 2022-2027
9.3 APAC - Market size and forecast 2022-2027
9.4 Europe - Market size and forecast 2022-2027
9.5 North America - Market size and forecast 2022-2027
9.6 South America - Market size and forecast 2022-2027
9.7 Middle East and Africa - Market size and forecast 2022-2027
9.8 US - Market size and forecast 2022-2027
9.9 China - Market size and forecast 2022-2027
9.10 India - Market size and forecast 2022-2027
9.11 Germany - Market size and forecast 2022-2027
9.12 Indonesia - Market size and forecast 2022-2027
10.3 Impact of drivers and challenges
12.8 D and L Industries Inc.
12.12 Shandong Hearst Building Material Co. Ltd.
13.3 Currency conversion rates for US$
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