According to the recent research report titled ‘Redispersible Polymer Powder Market Size By Polymer, By Application, By End-user, Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global redispersible polymer powder market is projected to record substantial growth during 2020-2026.
 

Increasing number of residential projects in Asia Pacific, surging demand for green buildings, and rising developments in global construction sector are the key factors driving the growth of global redispersible polymer powder market. Escalating product demand from mortar & cement, plastering & gypsum, and tiles & flooring applications is also contributing to the overall market outlook.
 

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Notably, redispersible polymer powders are basically polymer emulsions that are converted into powdered thermoplastic resin materials through several processes such as surface treatment, spray drying, and high pressures & temperatures.
 

These are known for improving the properties and the consistency of dry mix products based on gypsum or cement, thereby aiding the market expansion. However, hazards linked with spray drying process and varying raw materials prices may impede the industry expansion.
 

Speaking of polymer type, the report states that the others segment, which includes ethylene/vinyl chloride/vinyl laurate terpolymer (E/VC/VL), redispersible polymer powder containing styrene-butadiene rubber (SBR), among others, is projected to surpass USD 350 million valuation by end of the forecast timeframe.
 

Based on application spectrum, global redispersible polymer powder market from motor & cement segment is anticipated to hold about 350 kilo tons by end of the assessment period, on account of surging demand for repair-based applications and waterproofing. On the other hand, the others segment which comprises of interface agents, wallpaper adhesives, base coats, among others is projected to record 4.5% CAGR over the analysis period.
 

Elaborating on end-use scope, the residential segment is expected to expand with a CAGR of 6% over the forecast timespan owing to increasing housing construction activities worldwide.
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Citing the regional landscape, Asia-Pacific redispersible polymer powder market is projected to record 6.5% CAGR during 2020-2026. Growing population and improving standards of living standards have encouraged residential construction activities across the region, which in turn is facilitating the business scenario in Asia-Pacific.
 

Meanwhile, LATAM redispersible polymer powder industry is anticipated to surpass a valuation of USD 90 million by the year 2026, owing to rising commercial construction activities in the region.
 

Major players in global redispersible polymer powder market are Guangzhou Yuanye Industrial Co. Ltd., Archroma, Kuban Polymer Co. Ltd., Acquos Pty Ltd., Bosson Union Tech (Beijing) Co. Ltd., Shanxi Sanwei Group Co. Ltd., Dairen Chemical Corporation, VINAVIL S.p.A., Organik Kimya San. Ve Tic. A.S., Synthomer plc, Ashland Inc., Wacker Chemie AG, Dow Inc., Celanese Corporation, and BASF SE.