Redispersible Polymer Powder Market Scope
Redispersible polymer powders are polymer emulsions that have been converted by a series of processes 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 the water back into new emulsions with essentially identical properties to the original copolymer emulsions. Ethylene Vinyl Acetate Copolymer (EVA), Vinyl Chloride/Vinyl Laurate Terpolymer (VC/VL), and Vinyl Ester of Versatic Acid Terpolymer (VeoVa) occupy the vast majority of shares (over 80%) in the global market. Factors such as booming urbanization, rapidly growing construction, and increasing utilization of ready-mixed concrete (RMC) in the United States are driving the demand for re-dispersible polymer powder.
The Redispersible Polymer Powder market study is segmented by Type (Ethylene Vinyl Acetate Copolymer (EVA), Vinyl Chloride/Vinyl Laurate Terpolymer (VC/VL), Vinyl Ester of Versatic Acid Terpolymer (VeoVa), Styrene-Butadiene Rubber (SBR) and Others), by Application (Cement Based Wall Putties, Wallpaper Adhesives, Gypsum Joint Fillers, Adhesion Mortars and Others (Crack Fillers, Repair Mortars, etc.)) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Redispersible Polymer Powder market throughout the predicted period.
The Dow Chemicals Company (United States), Ashland Global Holding (United States), Celanese Corporation (United States), Hexion Inc. (United States), BASF SE (Germany), Akzo Nobel N.V. (Netherland), Wacker Chemie AG (Germany), Synthomer Plc (United Kingdom), Divnova Specialities (India) and Japan Coating Resin Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Organic Kimya (Turkey), Puyang Yintai Industrial (China), Acquos Pty Ltd (Australia), Dairen Chemical Corporation (Taiwan), Bosson Union Tech (China), Bosson (Beijing) Chemical Co., Ltd. (China) and Benson Polymers Limited (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Redispersible Polymer Powder market by Type, Application and Region.
On the basis of geography, the market of Redispersible Polymer Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In April 2020, Celanese Corporation acquired Elotex’s range of re-dispersible polymer powders that enhance the sustainability quotient of the building materials.
In June 2020, Celanese Corporation has launched Elotex FX1000, the latest addition to its Elotex range. This latest re-dispersible polymer powder is based on vinyl versatate and copolymer vinyl acetate and helps to foster the performance as well as the quality of flexible, high-class, cementitious tile adhesives.
Market Drivers
- Increasing Demand from Construction and Other End-Use Industry Owing To High Tensile Strength, And Impact & Wear Resistance
- Rising Demand for Efficient Waterproofing Materials with Urbanization
Opportunities
- Rising Popularity of Green Buildings
Restraints
- High Risks Associated With Spray Drying Production Process
- Increasing Raw Material and Freight Costs Owing To Volatility in Raw Material
Challenges
- Stringent Environmental Regulations Related to VOC Emissions
- Availability of Other Alternative Materials
Key Target Audience
Redispersible Polymer Powder Manufacturers, Raw Material Suppliers, Chemical Companies, Research Institutes, Partners/Investors, End-Use Industry and Others
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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