PUNE, India, December 15, 2016 /PRNewswire/ --
The report "Redispersible Polymer Powder Market by Type (Acrylic, VAE, VeoVa, SB), Application (Tiling & Flooring, Mortars, Plastering, Insulation Systems), End-Use Industry (Residential, Commercial, Industrial Construction) - Global Forecast to 2026", published by MarketsandMarkets, the market was valued at USD 1.55 Billion in 2015, and is projected to reach USD 2.61 Billion by 2026, at a CAGR of 4.9% from 2016 to 2026.
Browse 127 market data Tables and 64 Figures spread through 179 Pages and in-depth TOC on "Redispersible Polymer Powder Market".
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The increasing requirement of redispersible polymer powders in the booming residential constructions and the use in maintenance projects is leading to the high growth of the redispersible polymer powder market.
Acrylic is the largest type segment in the redispersible polymer powder market
Acrylic redispersible polymer powder is the largest type segment of redispersible polymer powders due to the properties offered such as, high adhesion, abrasion resistance, flexural strength, good workability, resistance to UV degradation, and exterior durability. Acrylics are also able to sustain hot and dry climatic conditions where normally, mortars and plasters are prone to cracks.
Tiling & flooring is the largest application segment of the redispersible polymer powder market
Tiling & flooring is the largest and the fastest growing application segment due to the increased renovation activities which are triggering the use of redispersible polymer powders in this application. Increased disposable incomes of customers are leading to high expenditure on decorative applications such as attractive tiles and aesthetically improved flooring. This has further offered growth opportunities for the redispersible polymer powder market
Residential construction end-use industry is estimated to have the largest market share
The residential construction end-use industry is booming across the globe, thus making it the largest segment using redispersible polymer powders. Increased investments in affordable housing schemes, new high end construction projects and the renovation of old buildings is leading to the high growth of the Redispersible Polymer Powders Market.
Asia-Pacific is projected to lead the redispersible polymer powder market during the forecast period
The Asia-Pacific region is the largest market for redispersible polymer powders owing to the increasing investment and infrastructural projects in emerging countries such as India and China. This is also leading to the growth in the use of redispersible polymer powders in residential construction, which is booming due to the requirement for increasing housing schemes to cater to the growing populations in these countries.
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Polymer Emulsion Market by Type (Acrylics, Polyurethane Dispersions, SB Latex, Vinyl acetate Polymer and Others), by Application (Adhesives & Sealants, Paints & Coatings, Paper & Paperboard, and Others) - Trends & Forecasts to 2020
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