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Redispersible Polymer Powder Market: By Type, VeoVA, Acrylic, SB ), By Application), By End User, and Geography
Redispersible Polymer Powder Market: By Type, VeoVA, Acrylic, SB ), By Application), By End User, and Geography
Redispersible Polymer Powder Market size was valued at US$ 1,776.5 million in 2023. It is expected to reach a value of US$ 2,724.6 million by 2028, growing at a CAGR of 6.3% from 2023-2029. The global market provides a detailed overview which has been segmented by type, application, and end user. By type, the re-dispersible polymer powder market has been segmented into VAE (Vinyl Acetate Ethylene), VeoVA (Vinyl Ester of Versatic Acid), Acrylic, and SB (Styrene Butadiene). The VAE (Vinyl Acetate Ethylene) segment is likely the most significant and fastest-growing segment in terms of type.
By application, the re-dispersible polymer powder market has been segmented into Tiling and flooring, Mortars, Plastering, Insulation Systems, and Others (EIFS and sealing Slurries). The tiling & flooring segment dominated in the forecast period 2022-2028. Based on the application, the re-dispersible polymer powder is segmented into Residential, Commercial, Industrial, and Others. According to precision business insights, the commercial segment is predicted to register the fastest growth rate during the forecast period.
In June 2020, Celanese Corporation introduced Elotex FX1000, a new addition to its Elotex series. The newly added re-dispersible polymer powder is based on a copolymer vinyl acetate and vinyl versatate. It is used to boost the performance of high-class, flexible cementitious tile adhesives.
Study Period
2024-2030Base Year
2023CAGR
6.3%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The expanding economies of the Asia Pacific region are predicted to be a prominent factor in the redispersible polymer powder market's growth. The need for redispersible polymer powder in Asia is primarily driven by rising demand from the growing construction industries in China, India, and Japan.
The Asia Pacific market is expected to witness the largest market share during the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 1,776.5 million |
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Market Size in 2028 |
US$ 2,724.6 million |
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Market CAGR |
6.3% |
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By Type |
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By Application |
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By End User |
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By Region |
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The redispersible polymer powder market size was valued at US$ 1,776.5 million in 2023 and is projected to grow at a CAGR of 6.3% from 2024-2030.
The major players in the global redispersible polymer powder market are Wacker Chemie AG (Germany), Dow Inc. (US), BASF SE (Germany), Celanese Corporation (US), Acquos Pty Ltd (Australia), Synthomer plc (UK), Ashland Global Holdings Inc. (US), Japan Coating Resin Corporation (Japan), Bosson (Beijing) Chemical Co., Ltd. (China), Dairen Chemical Corporation (Taiwan), and Organik Kimya (Turkey).
Asia Pacific is the fastest-growing region for redispersible polymer powder market
| 1. Executive Summary |
| 2. Global Redispersible Polymer Powder Market Introduction |
| 2.1. Global Redispersible Polymer Powder Market Taxonomy |
| 2.2. Global Redispersible Polymer Powder Market Definitions |
| 2.2.1. Type |
| 2.2.2. Application |
| 2.2.3. End User |
| 3. Global Redispersible Polymer Powder Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Redispersible Polymer Powder Market Dynamic Factors - Impact Analysis |
| 3.6. Global Redispersible Polymer Powder Market Competition Landscape |
| 4. Global Redispersible Polymer Powder Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Redispersible Polymer Powder Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.1. VAE (Vinyl Acetate Ethylene) |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. VeoVA (Vinyl Ester of Versatic Acid) |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Acrylic |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. SB (Styrene Butadiene) |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Redispersible Polymer Powder Market Forecast, By Application, 2019 - 2023 and Forecast, 2020 2026 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.1. Tiling & Flooring |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Mortars |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Plastering |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Insulation Systems |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others (EIFS & Sealing Slurries) |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Global Redispersible Polymer Powder Market Forecast, By End User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 7.1. Residential |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Commercial |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Industrial |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Redispersible Polymer Powder Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Redispersible Polymer Powder Market - Opportunity Analysis Index, By Type, Application, End User, and Region, 2024 - 2030 |
| 9. North America Redispersible Polymer Powder Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 9.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. VAE (Vinyl Acetate Ethylene) |
| 9.1.2. VeoVA (Vinyl Ester of Versatic Acid) |
| 9.1.3. Acrylic |
| 9.1.4. SB (Styrene Butadiene) |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Tiling & Flooring |
| 9.2.2. Mortars |
| 9.2.3. Plastering |
| 9.2.4. Insulation Systems |
| 9.2.5. Others (EIFS & Sealing Slurries) |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Residential |
| 9.3.2. Commercial |
| 9.3.3. Industrial |
| 9.3.4. Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Redispersible Polymer Powder Market - Opportunity Analysis Index, By Type, Application, End User, and Country, 2024 - 2030 |
| 9.6. North America Redispersible Polymer Powder Market Dynamics Trends |
| 10. Europe Redispersible Polymer Powder Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 10.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. VAE (Vinyl Acetate Ethylene) |
| 10.1.2. VeoVA (Vinyl Ester of Versatic Acid) |
| 10.1.3. Acrylic |
| 10.1.4. SB (Styrene Butadiene) |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Tiling & Flooring |
| 10.2.2. Mortars |
| 10.2.3. Plastering |
| 10.2.4. Insulation Systems |
| 10.2.5. Others (EIFS & Sealing Slurries) |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Residential |
| 10.3.2. Commercial |
| 10.3.3. Industrial |
| 10.3.4. Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Redispersible Polymer Powder Market - Opportunity Analysis Index, By Type, Application, End User, and Country, 2024 - 2030 |
| 10.6. Europe Redispersible Polymer Powder Market Dynamics Trends |
| 11. Asia-Pacific Redispersible Polymer Powder Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 11.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. VAE (Vinyl Acetate Ethylene) |
| 11.1.2. VeoVA (Vinyl Ester of Versatic Acid) |
| 11.1.3. Acrylic |
| 11.1.4. SB (Styrene Butadiene) |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Tiling & Flooring |
| 11.2.2. Mortars |
| 11.2.3. Plastering |
| 11.2.4. Insulation Systems |
| 11.2.5. Others (EIFS & Sealing Slurries) |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Residential |
| 11.3.2. Commercial |
| 11.3.3. Industrial |
| 11.3.4. Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Redispersible Polymer Powder Market - Opportunity Analysis Index, By Type, Application, End User, and Country, 2024 - 2030 |
| 11.6. Asia-Pacific Redispersible Polymer Powder Market Dynamics Trends |
| 12. Latin America Redispersible Polymer Powder Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 12.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. VAE (Vinyl Acetate Ethylene) |
| 12.1.2. VeoVA (Vinyl Ester of Versatic Acid) |
| 12.1.3. Acrylic |
| 12.1.4. SB (Styrene Butadiene) |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Tiling & Flooring |
| 12.2.2. Mortars |
| 12.2.3. Plastering |
| 12.2.4. Insulation Systems |
| 12.2.5. Others (EIFS & Sealing Slurries) |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Residential |
| 12.3.2. Commercial |
| 12.3.3. Industrial |
| 12.3.4. Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Redispersible Polymer Powder Market - Opportunity Analysis Index, By Type, Application, End User, and Country, 2024 - 2030 |
| 12.6. Latin America Redispersible Polymer Powder Market Dynamics Trends |
| 13. Middle East and Africa Redispersible Polymer Powder Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 13.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. VAE (Vinyl Acetate Ethylene) |
| 13.1.2. VeoVA (Vinyl Ester of Versatic Acid) |
| 13.1.3. Acrylic |
| 13.1.4. SB (Styrene Butadiene) |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Tiling & Flooring |
| 13.2.2. Mortars |
| 13.2.3. Plastering |
| 13.2.4. Insulation Systems |
| 13.2.5. Others (EIFS & Sealing Slurries) |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Residential |
| 13.3.2. Commercial |
| 13.3.3. Industrial |
| 13.3.4. Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Redispersible Polymer Powder Market - Opportunity Analysis Index, By Type, Application, End User, and Country, 2024 - 2030 |
| 13.6. MEA Redispersible Polymer Powder Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Divnova Specialities (India) |
| 14.2.2. Akzo Nobel N.V.(Netherland) |
| 14.2.3. Ashland Global Holding (U.S.) |
| 14.2.4. Hexion Inc (U.S.) |
| 14.2.5. Synthomer Plc (U.K) |
| 14.2.6. Wacker Chemie AG (Germany) |
| 14.2.7. Puyang Yintai Industrial (China) |
| 14.2.8. Acquos (Australia) |
| 14.2.9. The Dow Chemicals Company (U.S.) |
| 14.2.10. Benson Polymers Limited (India) |
| 14.2.11. BASF SE (Germany) |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.