Redispersible Powder Market By Application (Tiling, Flooring, Repair, Gypsum Plaster, Waterproofing, ETICs)
Redispersible powders are polymer emulsions that have been converted to powdered thermoplastic resin materials by a series of processes such as high temperatures and pressures, spray drying, and surface treatment. When mixed with water, these powdered organic binders can re-disperse in water back into new emulsions with essentially identical properties to the original copolymer emulsions. Addition of redispersible polymer powders can increase cohesiveness, cohesion, and flexibility of mortar.
Global Redispersible Powder Market Dynamics:
Primary factor driving growth of the global redispersible powder market is rising demand from various end use sectors such as residential, commercial, industrial, and construction. Hazards related with handling and storage of redispersible powers is a primary factor expected to hamper growth of the global redispersible powder market to a certain extent.
Various advantages offered by redispersible powders and increasing preference for the same as compared to that of liquid, water-dispersed, synthetic, and natural polymers are other factors expected to boost growth of the global redispersible powder market over the forecast period.
Development of redispersible powders with reduced or negligible dust cloud formation can offer lucrative opportunities for market players to expand their revenue share and presence.
Adoption of redispersible latex powder in construction applications is an ongoing trend observed in the redispersible powder market which is expected to have a positive impact on the overall redispersible powder value chain.
Market Analysis by Application:
On the basis of application segments, the tiling segment is projected to register highest CAGR of over 5%. Revenue share of this segment is expected to be over 20%, which is the highest among the application segments, as there is wide scale adoption of redispersible powders in tiling applications. This is due to its properties such as increased flexibility, sag resistance, and bond strength.
Revenue Y-o-Y growth of the tiling segment is expected to increase at a moderate rate between 2017 and 2026.
The flooring segment is estimated to account for second-highest revenue share in 2017, and is expected to register a CAGR of over 5% over the forecast period.
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Post time: Apr-19-2019