Press release
Re-dispersible Latex Powder (RDP) Market Is Predicted To Grow At a CAGR of 4.5% During 2019-2025
These few years, Europe's re-dispersible latex powder production is more than its domestic demand; therefore, Europe would export re-dispersible latex powder to abroad countries. We tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
In future, the re-dispersible latex powder industry in Europe will be turn concentrated; Europe re-dispersible latex powder consuming market will still has a certain amount of growth. In Europe, Eastern Europe and the Russian market will be the next area of competition. In recent few years, re-dispersible latex powder gross margins continue to decline. Global competition is likely to turn to the relationship of competition and cooperation. We believe that this industry will move towards centralization.
For developing countries, the re-dispersible latex powder industry still has great potential. In Asia, Southeast Asia, India and Central Asia will have a more substantial growth. Chinese market will maintain rapid growth. The global Re-dispersible Latex Powder (RDP) market is valued at 1500 million US$ in 2018 is expected to reach 2130 million US$ by the end of 2025, growing at a CAGR of 4.5% during 2019-2025.
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This report focuses on Re-dispersible Latex Powder (RDP) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Re-dispersible Latex Powder (RDP) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Wacker
Akzo Nobel
DCC
SANWEI
BASF
Dow
VINAVIL
Hexion
Ashland
Wanwei
Segment by Regions
North America
Europe
China
Japan
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Segment by Type
VAE Type
VAE-Veo Va Type
Segment by Application
Putty Powder
Dry-mix Mortars
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