Frequently Asked Questions
Rapidly increasing population and construction sectors, the increasing use of construction chemicals such as tile & Flooring, renders, and mortars are the major market driver. Furthermore, the increasing spending on repair and maintenance drives the market growth. Mortars are the significant application of redispersible polymer powder. This powder is used in repairing mortars, and increasing spending on repair and maintenance of the structure in the construction industry provides the growth
The Global Redispersible Polymer Powder market is anticipated to grow at a substantial CAGR of 6.50% in the upcoming years. The global Redispersible Polymer Powder market industry was estimated to be worth USD 2.1 billion in 2021 and was expected to be worth USD 3.06 billion by 2028.
In 2021, The Asia Pacific will account for the largest share of the global redispersible polymer powder market. Due to rising investments and infrastructure projects in the region by emerging countries such as India and China. India and China are increasing construction spending, which is the growth of the Asia Pacific market. The rapidly increasing population and construction industries are the growing demand for Global Redispersible Polymer Powder in the Asia Pacific region. Furthermore, other
The main competitors dominating the global redispersible polymer powders market include Wacker Chemie AG, Dow Inc., BASF SE, Celanese Corporation, Acquos Pty Ltd, Synthomer plc, Ashland Global Holdings Inc., Japan Coating Resin Corporation, Bosson, Chemical Co., Ltd., Dairen Chemical Corporation, Organik Kimya, Puyang Yintai New Building Materials Company Ltd., Divnova Specialties Pvt. Ltd., Sidley Chemical Co., Ltd., Vinavil S.p.A., Shanxi Sanwei Group Co., Ltd., Archroma, Guangzhou Yuanye Ind
In 2021, the residential segment in the end-use industry led the market and was expected to account for the largest market share. Due to the rapidly increasing population and economy, countries such as China and India are expected to increase residential construction activities.