Redispersible Powder Market Application,Future Strategies,Opportunities, And Threats

Global redispersible powder market is estimated to value US$ 2.3 Bn in 2017, and is projected to register a CAGR of 4.8% in terms of value during forecast period 2017–2026. The global redispersible powder market is segmented on the basis of product, application, and region/country.

Redispersible powders are polymer emulsions that have been converted to powdered thermoplastic resin materials by a series of processes such as high temperatures and pressures, spray drying, and surface treatment.

Primary factor driving growth of the global redispersible powder market is rising demand from various end use sectors such as residential, commercial, industrial, and construction.

Various advantages offered by redispersible powders and increasing preference for the same as compared to that of liquid, water-dispersed, synthetic, and natural polymers are other factors expected to boost growth of the global redispersible powder market over the forecast period.

Among all type segments, VAE type segment in the global redispersible powder market is estimated to register a CAGR of over 4.5% over the forecast period. This can be attributed to growing acceptance of redispersible powder products owing to its excellent properties such as improving adhesion, abrasion resistance, and flexural strength.

This is attributed to various advantages of styrene/butadiene such as high flexibility, high adhesion to polar substrates, and high adaptability, owing to which demand is gradually rising from the construction industry.

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The flooring segment is estimated to account for second-highest revenue share in 2017, and is expected to register a CAGR of over 5% over the forecast period.

The market in Europe dominated the global redispersible powder market in revenue terms, and is estimated to account for largest market revenue share of US$ 886.4 million in 2017 as compared to that of markets in other regions.

Revenue Y-o-Y growth of the tiling segment is expected to increase at a moderate rate between 2017 and 2026.

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