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Redispersible Polymer Powder Market is likely to rise to prominence reaching US$ 2.65 Bn through 2026

Redispersible Polymer Powder Market is likely to rise

The global redispersible polymer powder market is expected to witness upswing over the tenure of assessment due to the flourishing businesses of construction industry. With increased use of construction chemicals like renders, gypsum, adhesives, tiling, grouts, and mortars, redispersible polymer powder is likely to witness an escalated demand over the forecast timeframe. The product assists in the improvement of physical characteristics needed for constructing structures and buildings. It also assists in the enhancement of surface aesthetics together with abrasion resistance and increased leveling.

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Henan Botai Chemical Building Materials Co., Ltd, Dow Chemical Company, Joyforce Chemical Industrial Co., Ltd, Polymers International (pvt.)Ltd, AkzoNobel Functional Chemicals, and Wacker Chem ie AG are some of the renowned companies in the global redispersible polymer powder market.

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An all-inclusive report on the global redispersible polymer powder market has been made for the review period of 2018 to 2026. The report estimates that the global redispersible polymer powder market is likely to rise to prominence reaching US$ 2.65 Bn through 2026.

North America to Account for a Large Chunk of the Market in Forthcoming Years

Based on the regional segmentation, North America is likely to account for a large chunk of the global redispersible polymer powder market over the assessment tenure. The North America redispersible polymer powder market is anticipated to be driven by the booming construction industry in the US.

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Asia Pacific is likely to be account for a lesser share of the global redispersible polymer powder market over the tenure of assessment, from 2018 to 2026. Despite such a gloomy scenario in Asia Pacific, India is likely to present a promising growth opportunity due to the booming construction business in the country. In Europe, the U.K. is likely to surpass Germany in terms of share of the global redispersible polymer powder market.

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