In previous years, the construction industry has evolved at a drastic pace. As a consequence of urbanization, growing population and several other factors, the construction has increased at a global level and in order to improve the life and quality of walls, builders are bound to use wall strengthening agents and this has created a significant demand for redispersible polymer powder. Factors like these have created ample opportunities of growth for the global Redispersible Polymer Powder Market and thus act as its driving factors.
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Redispersible polymer powder is a form of polymer emulsions that are produced by a series of processes such as treatment at high temperature and pressure, surface treatment and spray drying to thermoplastic resin materials of powder forms. These powders are called as redispersible polymer powder because they can redisperse back into new emulsions with properties similar to the original copolymer emulsions after treatment with water. Redispersible polymer powder is extensively used in mortar mixtures to add beneficial properties to the mortar such as increased cohesiveness, flexibility and cohesion. Furthermore, redispersible polymer powder can improve the water retention along with bond strengthening of mortar. Besides being used in mortar, redispersible polymer powder is also used in other applications such as production of external or internal wall putty, as agglutinant in talcum powder and white cement.
The beneficial properties offered by redispersible polymer powder when used in construction mixtures is one of the key factor driving the growth of global redispersible polymer powder market. Redispersible polymer powder is significantly preferred by the construction engineers for the improvement of bonding strength, counter bending and tensile strength, impact resistance, wear resistance, durability, cracking of material prevention and freeze thawing stability. As a result, the application of redispersible polymer powder in construction industry today has become a must. This has significantly hiked its sales and thus has acted upon the growth of overall redispersible polymer powder positively.
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The global redispersible polymer powder market has been witnessing price hikes currently. As a consequence of volatility in raw material availability, the manufacturers of redispersible polymer powder have increased their prices. This step of price hike has been taken by the manufacturers to ensure a constant supply of quality products but on the other side this step acts as a potential restraint against the growth of global redispersible polymer powder market as its’ end users will shift towards other alternatives.
Redispersible polymer market has witnessed a trend of product innovation and development over the past years. As a result, the global redispersible polymer powder market has developed a series of redispersible polymer products that are applicable in a wide range of applications. For instance, the first redispersible polymer powder- vinyl acetate was replaced by ethylene-vinyl acetate copolymer powder that overcame the limitations of vinyl acetate.
As the growth of construction industry has been remarkable in U.S., North America is expected to consume a major share of the global redispersible polymer powder market. Furthermore, despite the size, China’s construction industry performance was comparatively low in previous years. Therefore, East Asia is anticipated to consume a lesser share of the market volume. U.K. is expected to outperform Germany and consume a dominating share of the redispersible polymer powder market in coming years. The growth rates of construction industry in countries such as India, Russia and Brazil reflects them as emerging countries in the global redispersible polymer powder market.
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