The key redispersible polymer powder industry participants include
Wacker Chemie AG
Celanese Corpoartion
BASF SE
Dow
Synthomer plc
Organik Kimya
VINAVIL S.p.A.
Dairen Chemical Corporation
The top three players collectively account for over 50% market share. These players are focusing on new product development to strengthen their market presence. In February 2019, Wacker Chemie AG launched VINNAPAS 7150E for applications in high-performance waterproofing membranes.
Authors:
Kiran Pulidindi, Akshay Prakash
Frequently Asked Questions (FAQ) :
redispersible polymer powder market’s recorded worth was USD 1.49 billion in 2019.
The redispersible polymer powder market is likely to register a crcr of 6.1% over the forecast period.
Vinyl acetate ethylene (VAE) market will hold 45% market share by 2026, driven by the product’s superior properties, like good thermal resistance, economical cost, excellent UV resistance, and long-term stability.
The product demand has been huge in North America since the last few years, owing to the rising construction spending, which increased over 30% in Canada and 70% in U.S. over 2011-2019. North America held 19% of the industry share in 2019.
Redispersible polymer powder market share from industrial sector may record 4.5% CAGR through 2026, driven by expanding industrialization and huge investments in manufacturing.
Tiling & flooring applications will register 6.5% CAGR through 2026 owing to polymer powder usage for cement based self-levelling compounds & screeds, floor & wall tiling, and residential & industrial flooring.
COVID-19 has impacted supply chains and construction operations in North America, leading to reduced regional output for redispersible polymer powder market. In fact, North America’s construction output may fall by 6% in 2020.
