HOME Research Insight Wacker Chemie AG (Germany) and Akzo Nobel N.V. are leading players in Redispersible Polymer Power Market



Wacker Chemie AG (Germany) and Akzo Nobel N.V. are leading players in Redispersible Polymer Power Market


The redispersible polymer powder 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. The increasing demand for redispersible polymer powders in residential, commercial and industrial construction end-use industries is driving the redispersible polymer powder market. Increased spending on repair and maintenance is also expected to act as a driver to the redispersible polymer powder market. The growing population coupled with increasing infrastructural investment in emerging economies is expected to further boost its growth

The report analyzes the key growth strategies adopted by market players between 2011 and 2016. Wacker Chemie AG (Germany), The Dow Chemical Company (U.S.), BASF SE (Germany), Akzo Nobel N.V (Netherlands), Hexion Inc. (U.S.), Acquos Pty Ltd. (Australia), Synthomer plc. (U.K.), Ashland Global Holdings Inc. (U.S.), Puyang Yintai Industrial Trading Company Ltd. (China), Dairen Chemical Corporation (Taiwan), and Organik Kimya (Turkey) are leading players in the redispersible polymer powder market. New product launches and investments & expansions are the key growth strategies adopted by these leading market players to strengthen their positions in the redispersible polymer powder market. These strategies accounted for 53.3% and 20.0% respectively, of all the growth strategies adopted by market players.

Wacker Chemie AG (Germany) is the largest producer of Vinyl Acetate Ethylene (VAE) redispersible polymer powders. The company is engaged in investments and expansions to grow and maintain its leadership in the redispersible polymer powder market. The company is investing in dispersion reactors to increase its annual manufacturing capacity. The company innovates new redispersible polymer powder products to cater to the needs of specialty applications in the construction industry. For instance, the company introduced a new VAE dispersion with low emissions in the Asia-Pacific region. VINNAPAS EP 3360 ULS, a dispersion of vinyl acetate and ethylene-based type is an innovative binder for paints, binder and plaster applications, which was launched in August 2016.

Akzo Nobel N.V. (Netherlands) has grown with strategic investments and new product launches to achieve a significant market share. The growing demand for low VOC redispersible polymer powders for use in green building technology has led to the need for R&D for the development of innovative products in the redispersible polymer powder market. The company has developed low VOC redispersible polymer powders to sustain the demand for eco-friendly products due to the stringent environment related regulations in the North American and European regions. For instance, the company developed the low VOC ELOTEX FL2200 and FL2280 for flooring self-levelling compounds and floor screeds applications in January 2015. The company has entered into strategic partnerships with construction industry players to maintain and augment its market share.

Related Reports:

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

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