Redispersible Polymer Powder Market by Type (VAE, VeoVA, Acrylic, Styrene Butadiene), Application (Tiling & Flooring, Mortars, Plastering, Insulation Systems), End Use (Residential, Commercial, Industrial), and Region - Global Forecast to 2029
The global redispersible polymer powder market is projected to grow from USD 1.61 billion in 2024 to USD 2.35 billion by 2029, at a CAGR of 7.8% during the forecast period. The construction & infrastructure sector continues to grow, especially in emerging economies like India, China, and Southeast Asia, the need for reliable and cost-effective construction materials intensifies. Redispersible polymer powders are the preferred choice for building construction due to their excellent adhesion, enhanced durability, flexibility, and water resistance.
Scope of the Report
Years Considered for the Study
2021-2022
Base Year
2023
Forecast Period
2024-2029
Units Considered
Value (USD Million)
Segments
By Type, End Use, Applications, and Region.
Regions covered
Asia Pacific, North America, Europe, Middle East & Africa, and South America
"Acrylic segment, by type, is estimated to account for the second largest share during the forecast period."
The acrylic segment holds the second-largest share in the redispersible polymer powder market after vinyl acetate ethylene (VAE) due to its versatility and superior performance in various applications. Acrylic redispersible polymer powders offer excellent adhesion, flexibility, and durability, making them suitable for a wide range of construction materials, including mortars, plasters, and tile adhesives. They also exhibit good water resistance and freeze-thaw resistance, enhancing the performance and longevity of building structures. Additionally, acrylic redispersible polymer powders are often preferred for their environmental friendliness, as they typically have low volatile organic compound (VOC) emissions.
"By End Use, commercial segment accounted for the second largest share during the forecast period."
The commercial segment holds the second-largest share in the redispersible polymer powder market after residential due to the significant construction and renovation activities in this sector. Commercial buildings, such as offices, hotels, and retail spaces, require durable and high-performance building materials that can withstand heavy traffic and frequent maintenance. Redispersible polymer powders enhance the properties of construction materials used in commercial buildings, improving their adhesion, flexibility, and durability. They also contribute to reduced maintenance costs and increased energy efficiency, making them a preferred choice for commercial construction projects.
"By Application, Mortars segment accounted for the second largest share during the forecast period."
The mortars segment holds the second-largest share in the redispersible polymer powder market after tiling and flooring due to the widespread use of mortars in various construction applications. Mortars are used for bonding bricks, blocks, and other masonry units, as well as for plastering walls and ceilings. Redispersible polymer powders significantly improve the performance of mortars by enhancing their adhesion, flexibility, and water resistance. They also increase the durability and longevity of masonry structures, making them a preferred choice for both residential and commercial construction projects.
"Europe region is estimated to account for the second largest share during the forecast period."
Europe holds the second-largest share in the regional segment of the redispersible polymer powder market. This is driven by the robust construction industry in the region, which includes focus on high quality building materials and sustainable construction practices. The demand for redispersible polymer powder in Europe is bolstered by their widespread use in new building constructions, maintenance, and renovation of buildings. Additionally, the region benefits from a well-established chemical manufacturing base and strong demand, ensuring that redispersible polymer powder continue to be a preferred additive due to their excellent adhesion, water resistance, affordability and reliability.
Profile break-up of primary participants for the report:
By Company Type: Tier 1 - 65%, Tier 2 - 20%, and Tier 3 - 15%
By Designation: Directors- 30%, Managers- 25%, and Others - 45%
By Region: North America - 30%, Europe - 20%, Asia Pacific - 40%, Middle East and Africa - 7%, and South America - 3%
Wacker Chemie AG (Germany), DOW (US), Celanese Corporation (US), BASF (Germany), and DCC (Taiwan) are some of the major players in the redispersible polymer powder market. These players have adopted acquisitions, expansions, product launches, and agreements to increase their market share and business revenue.
Research Coverage:
The report defines, segments, and projects the redispersible polymer powder market based on type, end use, applications, and region. It provides detailed information regarding the major factors influencing the market's growth, such as drivers, restraints, opportunities, and challenges. It strategically profiles redispersible polymer powder manufacturers. It comprehensively analyzes their market shares and core competencies and tracks and analyzes competitive developments, such as expansions, agreements, product launches, and acquisitions, undertaken by them in the market.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants by providing the closest approximations of revenue numbers for the redispersible polymer powder market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the market's competitive landscape, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the market's pulse and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (rising demand in construction industry, expanding residential construction sector, and increasing spending on repair & maintenance activities), restraints (high risk associated with spray-drying production process), opportunities (rising demand for green buildings), and challenges (stringent environmental regulations related to VOC emissions) influencing the growth of the redispersible polymer powder market.
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the redispersible polymer powder market.
Market Development: Comprehensive information about lucrative markets - the report analyses the redispersible polymer powder market across varied regions.
Market Diversification: Exhaustive information about various types, untapped geographies, new products, recent developments, and investments in the redispersible polymer powder market.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players in the redispersible polymer powder market, such as Wacker Chemie AG (Germany), DOW (US), Celanese Corporation (US), BASF (Germany), DCC (Taiwan), and others.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 UNIT CONSIDERED
1.7 LIMITATIONS
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of interviews with experts
2.2 DEMAND-SIDE ANALYSIS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.4 SUPPLY-SIDE ANALYSIS
2.4.1 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS
2.5 GROWTH FORECAST
2.6 DATA TRIANGULATION
2.7 RESEARCH ASSUMPTIONS
2.8 RESEARCH LIMITATIONS
2.9 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN REDISPERSIBLE POLYMER POWDER MARKET
4.2 REDISPERSIBLE POLYMER POWDER MARKET, BY REGION
4.3 REDISPERSIBLE POLYMER POWDER MARKET, BY KEY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rising demand in construction industry
5.2.1.2 Expanding residential construction sector
5.2.1.3 Increased spending on repair and maintenance activities
5.2.2 RESTRAINTS
5.2.2.1 High risks associated with spray-drying production process
5.2.3 OPPORTUNITIES
5.2.3.1 Rising demand for green buildings
5.2.4 CHALLENGES
5.2.4.1 Stringent environmental regulations related to VOC emissions
6 INDUSTRY TRENDS
6.1 GLOBAL MACROECONOMIC OUTLOOK
6.1.1 GDP
6.1.2 EXPANDING CONSTRUCTION INDUSTRY
6.2 VALUE CHAIN ANALYSIS
6.3 ECOSYSTEM ANALYSIS
6.4 PORTER'S FIVE FORCES ANALYSIS
6.4.1 BARGAINING POWER OF SUPPLIERS
6.4.2 BARGAINING POWER OF BUYERS
6.4.3 THREAT OF NEW ENTRANTS
6.4.4 THREAT OF SUBSTITUTES
6.4.5 INTENSITY OF COMPETITIVE RIVALRY
6.5 KEY STAKEHOLDERS AND BUYING CRITERIA
6.5.1 KEY STAKEHOLDERS IN BUYING PROCESS
6.5.2 BUYING CRITERIA
6.6 PRICING ANALYSIS
6.6.1 AVERAGE SELLING PRICE TREND, BY REGION, 2021-2023
6.6.2 AVERAGE SELLING PRICE TREND, BY TYPE, 2023
6.7 TARIFF AND REGULATORY LANDSCAPE
6.7.1 TARIFF ANALYSIS
6.7.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.8 KEY CONFERENCES AND EVENTS, 2025
6.9 PATENT ANALYSIS
6.9.1 METHODOLOGY
6.10 TECHNOLOGY ANALYSIS
6.10.1 KEY TECHNOLOGIES
6.10.1.1 Spray-drying technology
6.10.2 ADJACENT TECHNOLOGIES
6.10.2.1 Liquid polymer emulsions
6.11 TRADE ANALYSIS
6.11.1 IMPORT SCENARIO (HS CODE 390130)
6.11.2 EXPORT SCENARIO (HS CODE 390130)
6.12 INVESTMENT AND FUNDING SCENARIO
6.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.14 IMPACT OF GENERATIVE AI/AI ON REDISPERSIBLE POLYMER POWDER MARKET
6.14.1 INTRODUCTION
6.14.1.1 Product development and innovation
6.14.1.2 Manufacturing and production
6.14.1.3 Supply chain and logistics
7 REDISPERSIBLE POLYMER POWDER MARKET, BY TYPE
7.1 INTRODUCTION
7.2 VINYL ACETATE-ETHYLENE (VAE)
7.2.1 EXCELLENT WATER RETENTION, HIGH WORKABILITY, FLEXURAL STRENGTH, TENSILE STRENGTH, AND ABRASION RESISTANCE TO DRIVE DEMAND
7.3 VINYL ESTER OF VERSATIC ACID (VEOVA)
7.3.1 RESISTANCE TO ALKALINE HYDROLYSIS AND HIGH FLEXURAL STRENGTH TO PROPEL DEMAND
7.4 ACRYLIC
7.4.1 RISING DEMAND IN CONSTRUCTION INDUSTRY TO DRIVE MARKET
7.5 STYRENE BUTADIENE (SB)
7.5.1 COST-EFFECTIVENESS AND HIGH DURABILITY TO FUEL DEMAND
8 REDISPERSIBLE POLYMER POWDER MARKET, BY APPLICATION
8.1 INTRODUCTION
8.2 TILING & FLOORING
8.2.1 SURGE IN NEW CONSTRUCTION, RENOVATION, AND ADVANCED FLOORING ACTIVITIES TO DRIVE DEMAND
8.2.1.1 Tile grouts
8.2.1.2 Tile adhesives
8.2.1.3 Self-levelling
8.3 MORTARS
8.3.1 RISING DEMAND FOR DURABLE AND VERSATILE MORTARS TO DRIVE MARKET
8.3.1.1 Repair mortars
8.3.1.2 Decorative mortars
8.3.1.3 Skim coats
8.3.1.4 Waterproofing mortars
8.4 PLASTERING
8.4.1 INCREASING URBANIZATION, RENOVATION, AND DEMAND FOR DURABLE FINISHES TO BOOST MARKET GROWTH
8.4.1.1 Wall putty
8.4.1.2 Gypsum, cement, and lime plasters
8.4.1.3 Screeds
8.5 INSULATION SYSTEMS
8.5.1 GROWING GREEN BUILDING TRENDS TO DRIVE MARKET
8.5.1.1 External thermal insulation composite system (ETICS) and thermal insulation systems
8.6 OTHERS
8.6.1 EIFS
8.6.2 SEALING SLURRIES
9 REDISPERSIBLE POLYMER POWDER MARKET, BY END USE
9.1 INTRODUCTION
9.2 RESIDENTIAL
9.2.1 GROWING RESIDENTIAL CONSTRUCTION TO FUEL DEMAND
9.2.1.1 Light residential sector
9.2.1.2 Heavy residential sector
9.3 COMMERCIAL
9.3.1 RISING DEMAND FOR ENERGY-EFFICIENT COMMERCIAL BUILDINGS TO DRIVE MARKET
9.3.1.1 Retail buildings
9.3.1.2 Office buildings
9.3.1.3 Other commercial structures
9.4 INDUSTRIAL
9.4.1 SURGE IN INDUSTRIAL INFRASTRUCTURE DEVELOPMENT PROJECTS TO BOOST MARKET GROWTH
9.4.1.1 Industrial buildings
9.4.1.2 Industrial infrastructure
10 REDISPERSIBLE POLYMER POWDER MARKET, BY REGION
10.1 INTRODUCTION
10.2 ASIA PACIFIC
10.2.1 CHINA
10.2.1.1 Rapid urbanization and infrastructure development to fuel market growth
10.2.2 JAPAN
10.2.2.1 Aging infrastructure and rising repair and renovation activities to drive demand
10.2.3 INDIA
10.2.3.1 Increasing disposable income and surging residential construction and renovation activities to fuel demand
10.2.4 SOUTH KOREA
10.2.4.1 Expanding real estate sector to fuel demand
10.2.5 INDONESIA
10.2.5.1 Rising adoption of dry-mix mortar products to boost demand
10.2.6 VIETNAM
10.2.6.1 Climatic and environmental factors and robust economic growth to drive demand
10.2.7 AUSTRALIA & NEW ZEALAND
10.2.7.1 Increased demand for high-performance concrete to drive market
10.2.8 REST OF ASIA PACIFIC
10.3 EUROPE
10.3.1 GERMANY
10.3.1.1 Rising adoption of sustainable construction practices to drive market
10.3.2 UK
10.3.2.1 Increasing infrastructure maintenance and repair to drive market
10.3.3 FRANCE
10.3.3.1 Growth of prefabricated and modular construction to drive market
10.3.4 ITALY
10.3.4.1 Booming tile industry to fuel demand
10.3.5 SPAIN
10.3.5.1 Advancements in construction techniques to boost demand
10.3.6 REST OF EUROPE
10.4 NORTH AMERICA
10.4.1 US
10.4.1.1 Expanding construction industry and rising trend of energy-efficient buildings to drive market
10.4.2 CANADA
10.4.2.1 Rise in housing and construction initiatives to drive market
10.4.3 MEXICO
10.4.3.1 Increasing construction and housing projects to drive market
10.5 MIDDLE EAST & AFRICA
10.5.1 GCC COUNTRIES
10.5.1.1 Saudi Arabia
10.5.1.1.1 Vision 2030 to spur market growth
10.5.1.2 Rest of GCC countries
10.5.2 SOUTH AFRICA
10.5.2.1 Presence of multiple construction companies to boost commercial & residential construction and drive market
10.5.3 REST OF MIDDLE EAST & AFRICA
10.6 SOUTH AMERICA
10.6.1 BRAZIL
10.6.1.1 Increasing digital transformation and infrastructure investments to drive demand
10.6.2 COLOMBIA
10.6.2.1 Substantial investments in infrastructure and housing development to propel market
10.6.3 ARGENTINA
10.6.3.1 Rising infrastructure development projects to propel market
10.6.4 REST OF SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.3 REVENUE ANALYSIS
11.4 MARKET SHARE ANALYSIS
11.5 BRAND/PRODUCT COMPARISON
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.6.1 STARS
11.6.2 EMERGING LEADERS
11.6.3 PERVASIVE PLAYERS
11.6.4 PARTICIPANTS
11.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.6.5.1 Company footprint
11.6.5.2 Type footprint
11.6.5.3 End use footprint
11.6.5.4 Application footprint
11.6.5.5 Region footprint
11.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023