Global Redispersible Polymer Powder Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Redispersible Polymer Powder Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Redispersible polymer powders are polymer emulsions which have been converted by a series of process such as high temperatures and pressures, spray drying and surface treatment to powdered thermoplastic resin materials. When mixed with water, these powdered organic binders can redisperse in water back into new emulsions with essentially identical properties to the original copolymer emulsions.

Market Overview:

The latest research study on the global Redispersible Polymer Powder market finds that the global Redispersible Polymer Powder market reached a value of USD 2026.0 million in 2022. It’s expected that the market will achieve USD 3636.0 million by 2028, exhibiting a CAGR of 10.24% during the forecast period.

Application of Redispersible Polymer Powder in Exterior insulation finishing system

Redispersible Polymer Powder is mainly used for the mortar bonding layer, mortar protective layer, and finishing layer in the external wall insulation system (EFIS for short). Among them, one side of the mortar bonding layer is bonded to the wall, and the other side is firmly bonded to the foamed polystyrene board, and the protective layer plays a role in long-term stability and mechanical stability. Redispersible Polymer Powder not only has good adhesion to EPS board, but also has sufficient deformability to disperse shrinkage stress, avoid cracking, and resist impact. Its good hydrophobicity and air permeability prevent water from intruding and causing damage to the system. At the same time, the internal moisture can be volatilized in time, and it can play its performance stably for a long time under various climatic conditions. In addition, plaster is an interior and exterior wall finishing material with lime as the main binder. Adding Redispersible Polymer Powder greatly improves its flexural and compressive strength and adhesion to the substrate, and has good hydrophobicity and air permeability, which is very It solves the whitening phenomenon well and maintains the dryness of the plaster.

In general, the application of Redispersible Polymer Powder in the Exterior insulation finishing systems is one of the important driving factors to promote the development of the industry.

Raw Material Price Fluctuations

The raw materials required for the company's products are mainly related to polymer monomers, etc., mainly ethylenically unsaturated monomers, including various vinyl esters and acrylic esters. The risk of major raw material supply and price fluctuations will have a significant adverse impact on the company's continued profitability. The industry characteristics of Redispersible Polymer Powder manufacturers make them rely on major suppliers for raw material procurement. If there are adverse changes in the cooperation relationship between the company and these major suppliers, or adverse changes in the operating and financial conditions of the major suppliers, it may cause the company to be unable to purchase normal quantities in a timely and sufficient manner. At the same time, fluctuations in raw materials and prices will also have an impact on the company's production costs. If the price of raw materials rises, it will cause the production cost of Redispersible Polymer Powder to rise and reduce the profit margin of the product. The company's production and operation plan will be adjusted. All in all, the price fluctuation of raw materials is one of the risks faced by industry companies.

Region Overview:

In 2022, the share of the Redispersible Polymer Powder market in Europe stood at 45.58%.

Company Overview:

Wacker Chemie is one of the most research-intensive chemical companies in the world. Wacker Chemie's highly developed specialty products range from silicone and polymer binders and additives for many different industrial sectors, to bioengineered pharmaceutical actives (biologics), and ultrapure silicon for semiconductor and solar applications. As a technology leader focused on sustainable development, Wacker Chemie promotes innovations with high potential for added value.

Celanese Corporation is a global technology leader in the manufacture of specialty materials and chemical products used in most major industrial and consumer applications. The company's products are essential to everyday life and are manufactured in North America, Europe and Asia. The company is one of the world's largest producers of acetyl products, intermediate chemicals in nearly every major industry. The company is also the world's leading producer of high-performance engineered polymers used in a variety of high-value applications.

Wacker Chemie is one of the major players operating in the Redispersible Polymer Powder market, holding a share of 57.66% in 2023.

Segmentation Overview:

Vinyl Acetate Ethylene (VAE)
Vinyl Acetate Ethylene (VAE) is a copolymer of vinyl acetate and ethylene. VAE has unique moisture resistance, flexibility, improved tack and adhesion at low temperature and humid conditions.
Vinyl Ester of Versatic Acid (VeoVa)

The type is vinyl acetate/ethylene/vinyl ester of versatile acid terpolymer.
Acrylic Powder

This type is a product formed by copolymerization of pure acrylate monomers.
Styrene Butadiene
This type is polymerized from styrene and butadiene and is resistant to abrasion and thermal degradation.

As for product types, the Vinyl Acetate Ethylene (VAE) segment held the largest market share in 2022.

Application Overview:

According to different application fields, it is divided into Mortars and Cement, Insulation and Finish Systems, Tile Adhesives and Grouts, Self-Leveling Underlayment, and Plasters. For example, in the field of Mortars and Cement, the product is applied to the modification of dry-mixed mortar. In the Insulation and Finish Systems segment, products are used for mortar tie coats, mortar protection coats and finishes. In the field of Tile Adhesives and Grouts, the product provides enough flexibility to accommodate the different coefficients of thermal expansion of substrates and tiles. In the field of Self-Leveling Underlayment, products improve wear resistance, bond strength and cohesion.

The market's largest segment by application is the segment Mortars and Cement, with a market share of 39.84% in 2022.

Key Companies in the global Redispersible Polymer Powder market covered in Chapter 3:

Synthomer
HENAN BOTAI 
DowDuPont
Shandong Xindadi
Celanese
Dongxing Chemical
Organik Kimya
Anhui Wanwei
Dairen Chemical Corporation
Wacker Chemie

In Chapter 4 and Chapter 14.2, on the basis of types, the Redispersible Polymer Powder market from 2018 to 2029 is primarily split into:

Vinyl Acetate Ethylene (VAE)
Vinyl Ester of Versatic Acid (VeoVa)
Acrylic Powder
Styrene Butadiene
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Redispersible Polymer Powder market from 2018 to 2029 covers:

Mortars and Cement
Insulation and Finish Systems
Tile Adhesives and Grouts
Self-Leveling Underlayment
Plasters
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)