Redispersible Polymer Powder are used mainly in diverse construction chemical applications such as external thermal insulation composite systems, construction and tile adhesives, screed, self-leveling flooring compounds, plasters, repair mortars, grouts, and cementitious sealing slurries. Demand for re-dispersible polymer is continuously increasing due to its benefits in the construction industry such as better water retention and workability, strong strength development of the mortar, higher flexural strength and flexibility, and strong impact and abrasion resistance.
Under the background of slower economy growth rate, companies face the higher risks of profit decline. Europe’s economies in a state of slow growth, Redispersible Polymer Powder market has a certain potential in Europe, among them Europe’s demand is relatively stable. Europe market is already saturated. These few years, Europe’s Redispersible Polymer Powder production is more than its domestic demand; therefore, Europe would export Redispersible Polymer Powder to abroad countries. We tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
In future, the Redispersible Polymer Powder industry in Europe will be turn concentrated; Europe Redispersible Polymer Powder consuming market will still has a certain amount of growth. In Europe, Eastern Europe and the Russian market will be the next area of competition.
In recent few years, Redispersible Polymer Powder gross margins continue to decline. Global competition is likely to turn to the relationship of competition and cooperation. We believe that this industry will move towards centralization. For developing countries, the Redispersible Polymer Powder industry still has great potential. In Asia, Southeast Asia, India and Central Asia will have a more substantial growth. Chinese market will maintain rapid growth. Wacker and Akzo Nobel are world leaders. Wacker and Akzo Nobel’s bases are located in the world’s major consumer areas.
In the world, the consumption areas of Redispersible Polymer Powder industry are mainly Asia, Europe and North America. China is the largest consumption in the world, which occupied about 40%. The production areas of Redispersible Polymer Powder are mainly Asia, Europe and North America. Moreover, Wacker is the largest manufacturer in the world, which production has reached 154 K MT in 2017.
The price of Redispersible Polymer Powder is lower year by year from 2014 to 2016. In the last two years, RDP prices have risen with the rise of raw material prices. The product profit margin is about 17.50%-19.50%, and it also descends in recent years. In the next few years, we predict that prices will continue to decline.
Although sales of Redispersible Polymer Powder brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not enter into the Redispersible Polymer Powder field.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. In the future, the market in developing countries will have some growth. In the globe, emerging economies countries support the building industry, it will lead the increase of building demand. Therefore, we think enter Africa, South American market will be a good choice.
According to this study, over the next five years the Redispersible Polymer Powder market will register a 0.3% CAGR in terms of revenue, the global market size will reach US$ 1500 million by 2024, from US$ 1480 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Redispersible Polymer Powder business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Redispersible Polymer Powder market by product type, application, key manufacturers and key regions and countries.
This study considers the Redispersible Polymer Powder value and volume generated from the sales of the following segments:
Global Redispersible Polymer Powder Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Redispersible Polymer Powder Industry report also provides essential attributes associated with Redispersible Polymer Powder market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Redispersible Polymer Powder Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Redispersible Polymer Powder business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Redispersible Polymer Powder market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Henan Tiansheng Chem
Xinjiang Su Nok
Market Segment by Type, covers:
VAE-Veo Va Type
Market Segment by Applications, can be divided into:
Exterior Insulation and Finish Systems (EIFS)
Construction and Tile Adhesives
Self-leveling Flooring Compounds
The prospective of this Redispersible Polymer Powder industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Redispersible Polymer Powder present market share and future prospects of the segment in terms of has also been explored in this report.
Global Redispersible Polymer Powder market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Redispersible Polymer Powder report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the Redispersible Polymer Powder Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.