Press release
Polymer Powder market is projected to reach USD 2,378.2 million by the end of 2023 Top Key Players Wacker Chemie AG (Germany), The Dow Chemical Company (US), Acquos (Australia), Akzo Nobel NV (Netherland), Ashland Global Holding (US), Hexion Inc (US), Syn
Request For Free Sample- https://www.kennethresearch.com/sample-request-10043194
On the basis of application, the tiling & flooring segment held the largest market share in 2016 and is anticipated to continue its dominance during the forecast period. The tiling & flooring segment was valued at USD 533.8 million in 2016 and is expected to register a CAGR of 7.24% during the assessment period. The mortars segment held the second largest market share in 2016. However, the insulation system segment is expected to grow at the highest CAGR of 7.28%. Based on type, the acrylic segment is expected to be the leading segment in the global market. While the vinyl acetate-ethylene segment is expected to witness the highest growth at a CAGR of 7.50%. Acrylic redispersible polymer powder is widely used in the production of grouts, joint fillers, and cementitious tile adhesives. The product exhibits superior properties such as enhanced hydrolysis resistance, chemical stability, and water resistance making it suitable in the applications above.As per the MRFR analysis, the global redispersible polymer powder market is projected to reach USD 2,378.2 million by the end of 2023 and is expected to register a CAGR of 6.66% during the review period.
FIGURE 1 Global Redispersible Polymer Powder Market, by Application 2016 (%)
Regional Analysis
The global redispersible polymer powder market has been studied with respect to five key regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific held the market share in 2016 and is projected to grow at a CAGR of 7.59% during the review period. China was the largest regional market and accounted for the market volume of 80.88 kilotons in 2016. As per our analysis, the growing investment in the residential and commercial sector is the key factor driving the growth of the regional market.
Moreover, the increasing foreign direct investment coupled with rapid urbanization are the other factors propelling the growth of the Asia-Pacific market. Japan is expected to be the second largest market and is likely to register a CAGR of 6% during the forecast period. The European redispersible polymer powder market is projected to be the second largest regional market growing at a CAGR of 5.99% and market value of over USD 381 million by the end of 2023. Germany, Poland, and Italy are the major countries contributing to the growth of the European market. The rising inclination towards green building along with the growing construction industry are the major factors favoring the growth of the European market.
Segmentation
The redispersible polymer powder market is segmented on the basis of type, application, end-use industry, and region. By type, the market has been divided into acrylic redispersible polymer powder, vinyl acetate-ethylene redispersible polymer powder, veova redispersible polymer powder, styrene butadiene redispersible polymer powder, and others. Tiling & flooring, plastering, mortars, and insulation systems, among others, are the major application segments of the global redispersible polymer powder market. Based on the end-use industry, the market has been categorized into residential construction, non-residential construction, and industrial construction. On the basis of the region, the global market has been studied with respect to North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Request For Customization- https://www.kennethresearch.com/customization-request-10043194
Key Players
Some of the key players operating in the global redispersible polymer powder market are Wacker Chemie AG (Germany), The Dow Chemical Company (US), Acquos (Australia), Akzo Nobel NV (Netherland), Ashland Global Holding (US), Hexion Inc (US), Synthomer Plc (UK), Bosson Union Tech (China), BASF SE (Germany), Puyang Yintai Industrial (China), Benson Polymers Limited (India), Dairen Chemical Corporation (China), Organic Kimya (Turkey), and Divnova Specialities (India).
Geographic Analysis
The report covers a brief analysis of geographical region such as:
• North America
US
Canada
• Europe
Germany
UK
Poland
France
Spain
Italy
Rest of Europe
• Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
• Latin America
Brazil
Mexico
Argentina
Rest of Latin America
• Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of the Middle East & Africa
Key Findings
• Global redispersible polymer powder market is expected to reach USD 2,378.2 million by the of 2023 at a CAGR of 6.66%.
• The European market accounted for second largest market share of 25% in 2016 and is projected to grow at a CAGR of 5.99% during the forecast period.
• Country-wise, China was the largest market which registered the volume of 80.88 kilotons in 2016.
• Based on application, tiling & flooring segment held the largest market share in 2016 and the insulation system segment is set to expand at the highest CAGR.
• Asia-Pacific is expected to be the highly focused market for key industry participants over the assessment years. Increasing industrial investments, growing construction industry, and rapid industrialization in the region is likely to provide lucrative opportunities in the redispersible polymer powder market.
Intended Audience
• Redispersible polymer powder manufacturers
• Traders and distributors of redispersible polymer powder
• Production process industries
• Potential investors
• Raw material suppliers
DC Description
• calcium carbonate powder
• redispersible powder
• super absorbent polymer
• poly aluminum chloride
• polyethylene wax
Read More- https://www.kennethresearch.com/report-details/global-redispersible-polymer-powder-market/10043194
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018
Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Polymer Powder market is projected to reach USD 2,378.2 million by the end of 2023 Top Key Players Wacker Chemie AG (Germany), The Dow Chemical Company (US), Acquos (Australia), Akzo Nobel NV (Netherland), Ashland Global Holding (US), Hexion Inc (US), Syn here
News-ID: 1505483 • Views: …
More Releases from Kenneth Research
Global Cardiovascular Pharmaceuticals Market to be Propelled by Growing Investme …
Kenneth Research published a report titled "Cardiovascular Pharmaceuticals Market: Global Demand Analysis & Opportunity Outlook 2033" which delivers detailed overview of the global cardiovascular pharmaceuticals market in terms of market segmentation by drug class, distribution channel, indication and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with…
Global Family Office Market to be Propelled by Surging Number of New Businesses …
Kenneth Research published a report titled "Family Office Market: Global Demand Analysis & Opportunity Outlook 2031" which delivers detailed overview of the global family office market in terms of market segmentation by services, type, net worth managed, and by region.
Access Full Description: https://www.kennethresearch.com/report-details/family-office-market/10346745
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that…
Photomask Market Growth Analysis by Revenue, Size, Share, Scenario on Latest Tre …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Photomask Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which is…
Embedded Systems Market 2020 New Innovations Trends, Research, Global Share and …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Embedded Systems Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
