Global Redispersible Polymer Powder Market - Pune

Global Redispersible Polymer Powder Market was valued US$ 1.423 Bn. in 2019 and is estimated to grow at CAGR of 6.17 %, to reach US$ 2.297 Bn. during the forecast period from 2020 to 2027.



Global Redispersible Polymer Powder Market

The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Market Definition:

Redispersible Polymer Powder is polymer emulsions white or light yellow in color, dispersible in water, and exhibit good saponification resistance. Produce by spray drying or surface treatment of a wide range of monomers such as vinyl versatate, vinyl acetate, acrylate, styrene-butadiene, and ethylene.

Market Dynamics:

Growing demand for residential housing and increasing construction product by the end-use industry for Residential & Commercial building is the major factor driving the growth of redispersible polymer powders. The product helps in enhancing the physical characteristics required for buildings infrastructure and helps in improving the surface abrasion resistance. The Demand for redispersible polymer powder is estimated to rise significantly due to the flourishing building & construction industry, rapid industrialization & urbanization in developing countries such as India, China, and Vietnam. The global construction expenditure in 2019 was US$ XX Tn and is likely to surpass US$ XX Tn by 2027. Besides being used in construction Redispersible polymer powder is also used in mortar mixtures to increase flexibility, cohesiveness, and cohesion property.

For More Information Visit : httpswww.maximizemarketresearch.com/market-report/global-redispersible-polymer-powder-market/64850/