Global Latex Powder Market Growth 2023-2029

Global Latex Powder Market Growth 2023-2029

Latex Powder or Re-dispersible Latex Powder (RDP) is a free-flowing organic polymer powder, produced through the spray drying of a wide range of monomers such as vinyl acetate, vinyl acetate, ethylene, acrylate, and styrene butadiene.

Re-dispersible Latex Powder (RDP) are used mainly in diverse construction chemical applications such as external thermal insulation composite systems, construction and tile adhesives, screed, self-leveling flooring compounds, plasters, repair mortars, grouts, and cementitious sealing slurries. Demand for re-dispersible polymer is continuously increasing due to its benefits in the construction industry such as better water retention and workability, strong strength development of the mortar, higher flexural strength and flexibility, and strong impact and abrasion resistance.

LPI (LP Information)' newest research report, the “Latex Powder Industry Forecast” looks at past sales and reviews total world Latex Powder sales in 2022, providing a comprehensive analysis by region and market sector of projected Latex Powder sales for 2023 through 2029. With Latex Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Latex Powder industry.

This Insight Report provides a comprehensive analysis of the global Latex Powder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Latex Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Latex Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Latex Powder and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Latex Powder.

The global Latex Powder market size is projected to grow from US$ 1729.5 million in 2022 to US$ 2331.2 million in 2029; it is expected to grow at a CAGR of 2331.2 from 2023 to 2029.

Global Latex Powder key players include Wacker, Akzo Nobel, DCC, SANWEI, BASF, etc. Global top five players hold a share about 45%.

China is the largest market, with a share about 40%, followed by America and Europe, having a total share about 30 percent.

In terms of product, VAE Type is the largest segment, with a share about 80%. And in terms of application, the largest application is Construction and Tile Adhesives, followed by Putty Powder, Dry-mix Mortars, Self-leveling Flooring Compounds, Caulks, Exterior Insulation and Finish Systems (EIFS), etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Latex Powder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

VAE Type

VAE-Veo Va Type

Others

Segmentation by application

Exterior Insulation and Finish Systems (EIFS)

Construction and Tile Adhesives

Putty Powder

Dry-mix Mortars

Self-leveling Flooring Compounds

Caulks

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Wacker

Akzo Nobel

DCC

SANWEI

BASF

Shandong Xindadi

Xinjiang Huitong

DuPont

VINAVIL

Hexion

Ashland

Wanwei

Acquos

Organik

Fenghua

Shaanxi Xutai

Puyang Yintai

Gemez Chemical

Guangzhou Yuanye

Zhaojia

Sailun Building

Henan Tiansheng Chem

Xinjiang Su Nok

Mizuda Bioscience

Shandong Micron

Key Questions Addressed in this Report

What is the 10-year outlook for the global Latex Powder market?

What factors are driving Latex Powder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Latex Powder market opportunities vary by end market size?

How does Latex Powder break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.