Pune, India -- (SBWIRE) -- 07/11/2018 -- Redispersible Polymer Powder Market Research

Redispersible polymer powder are polymer emulsions which are capable to offer excellent bond strength, flexibility, cohesion, and other features to the final product. Due to these factors, they are used in various applications such as tiles & flooring, mortars, plastering, insulation systems, and others. The global redispersible polymer powder market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific region holds a major share of the global market and is projected to continue leading, owing to the increasing consumption of redispersible polymer powder in paint formulations, tile adhesives, and others.

The tile and flooring was the leading application in 2016 and is expected to show the same trend during the forecast period. The tile and flooring segment was valued at USD 533.8 million in 2016 and is projected to expand at a CAGR of 7.24% during the review period 2017-2023.

Check out updated sample research report now @ https://www.marketresearchfuture.com/sample_request/5274

Some Prominent Key Players Analysis to 2023

Some of the key players operating in the global redispersible polymer powder market are Wacker Chemie AG (Germany), The Dow Chemicals Company (U.S.), Acquos (Australia), Akzo Nobel N.V.(Netherland), Ashland Global Holding (U.S.), Hexion Inc (U.S.), Synthomer Plc (U.K), Bosson Union Tech (China), BASF SE (Germany), Puyang Yintai Industrial (China), Benson Polymers Limited ( India), Dairen Chemical Corporation ( Taiwan), Organic Kimya (Turkey), and Divnova Specialities (India).

However, the insulation system application segment is expected to grow at an expanding CAGR of over 7.28%. On the basis of the type, the acrylic redispersible polymer powder is expected to lead the global market whereas the vinyl acetate-ethylene redispersible polymer is anticipated to show the highest growth at an expanding CAGR of over 7.50%. Acrylic redispersible polymer powder is widely used in the production of grouts, joint fillers, and cementitious tile adhesives. The superior properties such as enhanced hydrolysis resistance, chemical stability, and water resistance make them ideal for aforementioned applications.

Key Findings :

Global Redispersible polymer powder market is projected to reach USD 2,378.2 million by 2023 at a CAGR of 6.66%.
Europe emerged as the second largest market and has acquired 25% of the global share, expanding at dynamic CAGR of 5.99%.
As per the analysis, the China was the most promising country-level market and has generated the market share of 80.88 kilo tons in 2016.
On the basis of the application, tile and flooring dominated the global market in 2016, with significant market shares and insulation system is set to expand at the highest CAGR.
Asia Pacific to be the highly focused market for key industry participant over the assessment years. Increasing industrial investment, industrial automation and industrial expansion have increased the importance of this region among the industry players.

Intended Audience :

Redispersible Polymer Powder manufacturers
Traders and distributors of Magnesium oxide manufacturers
Production process industries
Potential investors
Raw material suppliers

The report about Global redispersible polymer powder manufacturers by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study of different market segments and regions

Need more Details, Ask to our Expert @ https://www.marketresearchfuture.com/enquiry/5274

Regional Analysis:

North America market is expected to grow at a higher CAGR due to extensive consumption of the product in construction, cement, textiles, and others. The U.S., Canada, and Mexico have achieved a significant place in the market due to the growing investments in the end-use industries. Therefore, the growing demand for emulsion-based products in end-use sectors are estimated to drive the market during the forecast period. Moreover, the increasing demand for the product in major industries has propelled the market to witness a rapid growth during the forecast period. These factors have led China, India, and Japan to be the major players of this region.

On the basis of the type, the acrylic redispersible polymer powder is expected to lead the global market whereas the vinyl acetate-ethylene redispersible polymer is anticipated to show the highest growth at an expanding CAGR of over 7.50%. Acrylic redispersible polymer powder is widely used in the production of grouts, joint fillers, and cementitious tile adhesives. The superior properties such as enhanced hydrolysis resistance, chemical stability, and water resistance make them ideal for aforementioned applications.