Global Redispersible Polymer Powder Market Size, Trends & Analysis - Forecasts to 2026 By Polymer Type [(Acrylic, Vinyl Acetate Ethylene (VAE), Vinyl Ester of Versatic Acid (VeoVa), Styrene-Butadiene, and Others], By Application (Mortars & Cement, Tile Adhesives & Grouts, Plasters, Insulation & Finish Systems, Self-levelling Underlayment and Others) By End-use Industry (Residential and Non-residential), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End-User Landscape, and Company Market Share Analysis & Competitor Analysis
RDP Powder Market Insights
RDP or Redispersible Polymer Powder is a kind of polymer emulsion that is changed into powdered thermoplastic materials when they are processed with high temperatures and pressures. Polymer powder is mixed with other inorganic powders such as cement, slaked lime, gypsum, and clay to produce mortar. RDP powder has a very important objective behind its application in wet mortar such as improvisation of flow performance, improvisation of construction performance, to reduce the viscosity of sag resistance, better adhesion.
The products are widely preferred for green building applications because they help to withstand all sorts of impact testing activities, and boost tensile strength. The RDP powder is also efficient enough in reduction of maintenance costs resulting in cost-efficient buildings. This is one of the reasons for the strong appeal of re-dispersible polymer powder in green building construction. The growing demand from the construction industry is the main reason behind the increasing use of RDP powder throughout the globe. Also, all the manufacturing companies throughout the world who are in the business of RDP powder are making sure that they come up with better products that are eco-friendly, highly efficient with their usage, and also cost-effective, owing to which they are investing huge chunks of money for research and development work.
RDP Powder: By Polymer Type
Based on the polymer type analysis, the market is considered and explained into three types namely Vinyl Ester of Versatic Acid (VeoVa), Acrylic, Vinyl Acetate Ethylene (VAE), and Styrene Butadiene. Over the forecast period, the acrylic segment is in the leading position in terms of share and sales. The acrylic type is widely preferred due to its features of high resistance to water and better chemical stability. The Vinyl Acetate Ethylene (VAE) segment is the segment with the highest growth rate and is expected to take over Acrylic in the future.
VAE type polymer powder offers various properties such as durability, moisture resistance, and affordability among others. They are used in indoor applications, including laundry rooms, kitchens, and bathrooms among others. The increasing residential construction and growing renovation activities across economy stable countries are boosting the market growth.
RDP Powder: By Application
Based on application, RDP or Redispersible Polymer Powder market is further segmented into the following: Mortars & Cement, Tile Adhesives & Grouts, Plasters, Insulation & Finish Systems, Self-levelling Underlayment and Others. Over here Tile Adhesives and grouts are by far the highest in terms of growth and are expected to grow with the same rate in the forecast period.
RDP Powder: By End-use Industry
Based on end-use, RDP or redispersible polymer powder market is divided into Residential and Non-residential. Over here residential segment has the highest market share in terms of usage due to the various implementations by the governments by providing subsidies throughout the globe encouraging the usage of green materials for construction purposes. Also, the non-residential segment is witnessing good growth and is expected to grow at the same rate in the forecasted period.
RDP Powder: By Region
The European region is the dominating region in the global market. The European subcontinent is the front runner in RDP or Redispersible Powder market owing to its large chunk of investments in the infrastructural development both in residential and non-residential activities. The European residential building sector has made some strict regulations concerning the energy usage and increasing emissions of toxic chemicals during construction work owing to which the European Commission has made the usage of energy-efficient renovation and eco-friendly material usage for existing residential areas in Europe. Emphasizing energy conservation as its top priority, the European Union (EU) has launched various schemes providing grants for residential house owners for energy-efficient up-gradation of their homes. The increasing governmental schemes are encouraging repair and maintenance activities in the European subcontinent, are driving the demand for the RDP powder market.
The Asia Pacific is expected to be the fastest developing market because of its expanding industrialization, urbanization, and infrastructural development work. Many developing countries in the region are investing in new construction projects. The presence of key vendors such as Japan Coating Resin Corporation, Materials Company Ltd, Bosson, and Sidley Chemical is boosting the regional growth.
RDP Powder Market Share and Competitor Analysis
Wacker Chemie AG, Organik Kimya, Sailun Building Materials, Dow Inc, Quanzhou, BASF SE, Anhui Wanwei Group, Celanese Corporation, Guangzhou Yuanye Industrial, Acquos Pty Ltd, Archroma, Synthomer plc, Shanxi Sanwei Group, Ashland, Vinavil S.p.A., Japan Coating Resin Corporation, Sidley Chemical Co., Ltd., Bosson Chemical Co., Ltd, Divnova Specialties, Materials Company Ltd, and Dairen Chemical Corporation are the important players.
Please note: This is not an exhaustive list of companies profiled in the report.
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The Global Redispersible Polymer Powder Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Redispersible Polymer Powder Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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