Redispersible Polymer Powder Market Size | Share | Growth Opportunities 2022

The global redispersible polymer powder market size was valued at USD 1,776.5 million in 2021 and is poised to grow at a significant CAGR of 6.3% during the forecast period 2022-28. Redispersible Polymer Powder (RDP) Market refers to the market for a type of polymer powder used as a binder in construction materials such as mortars, plasters, and cement. The RDP is a free-flowing white powder that is made from various types of polymer emulsions and additives, such as vinyl acetate ethylene (VAE), vinyl acetate, ethylene (VAEe), and others. It is a vital ingredient in the production of construction materials and is used to enhance adhesion, flexural strength, and impact resistance. The RDP market is driven by factors such as the growing demand for green buildings, increasing construction activities, and the demand for energy-efficient buildings. RDP is a vital ingredient in the production of green building materials, as it improves the durability and strength of these materials.

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Redispersible Polymer Powder Market Growth Factors:
The development of the Redispersible Polymer Powder Market could be facilitated by government policies mandating the use of eco-friendly building materials. Green buildings are designed with environmentally friendly processes and chemicals that reduce their negative impact on the environment. The market growth of Redispersible Polymer Powder could also be driven by the development of smart cities and the construction of affordable housing facilities to accommodate growing urban populations with high disposable income levels.

However, the market expansion may be limited by raw material price volatility. Ethylene, a significant raw material used in the production of Redispersible Polymer Powder, is a by-product of naphtha, whose price is directly proportional to oil prices. Fluctuations in pricing can impact manufacturing costs and hamper the Redispersible Polymer Powder Market's growth. To prevent safety hazards such as stagnant charge aggregation and explosive conditions, proper precautions must be taken during production. Dust particles produced during production may cause discomfort if they come into contact with a person's eyes or face, posing risks that could restrict the market's growth.

The global redispersible polymer powder market segmentation:
1) By Type: VAE (Vinyl Acetate Ethylene), VeoVA (Vinyl Ester of Versatic Acid), Acrylic, SB (Styrene Butadiene)
2) By Application: Tiling & Flooring, Mortars, Plastering, Insulation Systems and Others (EIFS & Sealing Slurries)), By End User(Residential, Commercial, Industrial and Others

Redispersible Polymer Powder Market Regional Analysis:
The Redispersible Polymer Powder market can be analyzed regionally to identify its growth prospects in different geographical areas.

North America is one of the major markets for Redispersible Polymer Powder, driven by the increasing demand for green buildings and the growing construction industry. The United States is the largest market in this region, followed by Canada and Mexico.

Europe is another prominent market for Redispersible Polymer Powder, owing to the increasing demand for eco-friendly building materials, rising construction activities, and the presence of major market players. Germany, France, Italy, and the United Kingdom are some of the significant markets in this region.

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Key players profiles in the redispersible polymer powder market report are Divnova Specialities (India), Akzo Nobel N.V.(Netherland), Ashland Global Holding (U.S.), Hexion Inc (U.S.), Synthomer Plc (U.K), Wacker Chemie AG (Germany), Puyang Yintai Industrial (China), Acquos (Australia), The Dow Chemicals Company (U.S.), Benson Polymers Limited (India), BASF SE (Germany)

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