DELRAY BEACH, Fla., Feb. 12, 2025 /PRNewswire/ -- The report "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", 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. Major factors contributing to the growth of the redispersible polymer powder market includes demand for energy-efficient and sustainable building materials, and the rising preference for high-performance building products that offer enhanced durability, flexibility, and water resistance. Additionally, the increasing focus on improving indoor air quality and reducing volatile organic compound (VOC) emissions is driving the demand for eco-friendly building materials, such as those containing redispersible polymer powders.
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The Vinyl Acetate Ethylene (VAE) segment is expected to account for the largest value share of the redispersible polymer powder market by type during the forecast period.
Vinyl acetate ethylene (VAE) redispersible polymer powders offer several advantages, including excellent adhesion, flexibility, and water resistance. They improve the workability of cementitious materials, enhance their crack-bridging properties, and increase their durability. Additionally, VAE powders contribute to reduced water absorption and improved freeze-thaw resistance in construction applications.
By application, tiling & flooring segment is expected to account for the largest market share in terms of value during the forecast period.
The tiling and flooring segment dominates the redispersible polymer powder market due to the widespread use of tiles and the significant benefits redispersible polymer powders offer. These benefits include improved tile adhesion, increased flexibility and crack-bridging properties, and enhanced water resistance. These factors contribute to longer-lasting and more durable tile installations, driving high demand for RDPs in this application.
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By End Use, the residential segment is expected to account for the largest market share during the forecast period in terms of value.
The residential segment dominates the redispersible polymer powder market due to factors like rising housing demand, increased home improvement activities, a focus on improving living standards, and government initiatives promoting sustainable housing. These factors drive a strong demand for high-performance building materials, including those incorporating redispersible polymer powders, in the residential sector.
Asia Pacific will register the largest market share during the forecast period.
The Asia Pacific region dominates the redispersible polymer powder market due to several factors. Rapid economic growth, a booming construction industry, and a rapidly growing population and urbanization are driving significant demand for high-performance building materials in the region. This strong construction activity and the associated demand for improved building materials contribute to the region's leading position in the redispersible polymer powder market.
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Some of the leading players in this market include Wacker Chemie AG (Germany), DOW (US), Celanese Corporation (US), BASF (Germany), and DCC (Taiwan).
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