Construction Players in Redispersible Polymer Powder Market
- New Array of Products in Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortars Help in Improving Durability and Strength of Building Materials
- Asia Pacific Market to Rise at Remarkable Pace, Sheer Pace of Urbanization Lends Impetus to Uptake of Redispersible Polymer Powders in Construction Industry; Europe Leads the Global Landscape
ALBANY, New York, July 13, 2020 /PRNewswire/ --: Redispersible polymer powders form a crucial ingredient of all types of dry-mix mortar to improve the performance and strength of mortars in wide variety of architectural applications, mainly for waterproofing and surface protection. The demand in the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortars follows closely with rise in infrastructure development activities in residential and industrial construction.
The global valuation of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortars stood at US$122.5 Mn in 2018. During the forecast period of 2019 – 2027, the valuation is projected to climb at a CAGR of ~6%.
Analysts at Transparency Market Research contend that players in redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortars should be geared toward product innovation to meet the changing demand for building materials in modern constructions. A case in point is their focus toward environmentally compatible products that utilize vinyl acetate ethylene redispersible polymer powders.
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Key Findings of Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortars Report
- Among the various polymer types, vinyl acetate ethylene accounted for the majority of shares in global market
- Demand for vinyl ester of versatic acid to rise at vibrant pace during the assessment period
- The top six players accounted for at least 60% of the share in the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortars
- Europe held leading share of global market in 2018
- Asia Pacific holds promising share and is anticipated to rise at rapid growth rate
- China and India are key markets in Asia Pacific, propelled by rapid pace of infrastructure development to meet strides in construction industry
Explore 274 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar (Polymer Type: Vinyl Acetate Ethylene, Vinyl Ester of Versatic Acid, Styrene Butadiene, Acrylic, and Others; and Application: 1k Cementitious Waterproofing Mortar and Self-levelling Mortar) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/pressrelease/redispersible-polymer-powder-market-for-1k-cementitious-waterproofing-self-levelling-mortar.htm
Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortars: Key Driving Factors and Promising Avenues
- The demand for new waterproofing techniques and products has raised the prospect of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortars. The growing popularity of elastomeric waterproofing coatings is a notable trend in this regard.
- Companies in the residential and industrial construction industry are shifting to one-component waterproofing systems as an economically sustainable method.
- The slew of functional benefits that redispersible polymer powders offer to cement repair mortar and concretes spurs their use in the building and construction industry, boosting redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortars. Some of the key properties that their use promotes are adhesion properties, water resistance, flexural strength, and durability of the dry-mix mortar.
- Polymer modified cementitious mortars find extensive applications in residential construction, thereby bolstering sales in redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortars.
Analyze global Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
Key Impediments to Market Stakeholders
One of the key basis material to which redispersible polymer powders are used is self-levelling mortars. However, the mixing process may cause substantial loss of performance characteristics. High temperature and pressure tend to reduce the caking capacity of redispersible polymer powders.
On the other hand, players in the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortars are expected to circumvent these by constantly focusing on innovation in their product lines. They are also keenly strengthening their distribution channels, mainly to consolidate their shares in the market. Also, shifting attention to untapped markets will expose them to new revenue streams in near future.
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Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortars: Regional Assessment
Among the various regions in the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortars, Asia Pacific is a remarkably lucrative region. The demand in this regional market has been propelled by the need for high-performing and environmentally compatible products in the construction industry. Further, residential as well as non-residential constructions have witnessed a rise in countries such as India and China.
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The Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortars can be segmented as follows:
By Polymer Type
- Vinyl Acetate Ethylene
- Vinyl Ester of Versatic Acid
- Styrene Butadiene
- Others (including Ethylene/Vinyl Chloride/Vinyl Laurate Terpolymer [E/VC/VL], Polyvinyl Acetate Polymer [PVAC], and Styrene Acrylate)
- 1k Cementitious Waterproofing Mortar
- Self-levelling Mortar
- North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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