Redispersible Polymer Powder Market worth $2.8 Billion by 2025 - Exclusive Report by MarketsandMarkets Redispersible Polymer Powder Market by Type (VAE, VeoVA, Acrylic and SB), Application (Tiling & Flooring, Mortars, Plastering, Insulation Systems and Others ) End-use Industry (Residential, Commercial and Industrial), Region - Global Forecast to 2025 , published by MarketsandMarkets, the Redispersible Polymer Powder Market is projected to grow from USD 2.0 billion in 2020 to USD 2.8 billion by 2025, at a CAGR of 6.8% from 2020 to 2025.
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The market is witnessing growth due to factors such as, rising construction industries in emerging economies and the stringent regulations regarding energy savings in residential and commercial buil
The market is witnessing growth due to factors such as, rising construction industries in emerging economies and the stringent regulations regarding energy savings in residential and commercial buildings, around the world. Increased spending on repair and maintenance in this industry is also driving the market. The recovering construction end-use industry in Europe and the increasing importance of green buildings are expected to provide high growth opportunities for the Redispersible Polymer Powder Market, during the forecast period.
By type, VAE is estimated to be the leading segment of Redispersible Polymer Powder Market from 2020 to 2025, in terms of value and volume.
VAE (vinyl acetate ethylene) is estimated to be the largest segment in Redispersible Polymer Powder Market in 2020, in terms of value and volume. It is majorly due to the excellent properties offered by the VAE-based redispersible polymer powder products. VAE redispersible polymer powder offers excellent moisture