US Redispersible Polymer Powder Market Research Report Information: By Type (Styrene Butadiene Dispersible), By Application (Tiles and Flooring, Insulation System), By End-Use (Residential Construction) - Global Forecast till 2030

US Redispersible Polymer Powder Market Overview

There are different types of redispersible polymer powder, including acrylic, vinyl acetate ethylene, vinyl ester of vinyl acetate, and styrene butadiene. Among these types, acrylic redispersible polymer powder holds the highest market share, accounting for 29.3% of the overall market. Following acrylic, vinyl acetate ethylene is experiencing the highest Compound Annual Growth Rate (CAGR) of 7.59% over the forecast period.

Geographically, Asia Pacific is projected to be the largest market, contributing to 34.6% of the market share in 2017. Europe and North America follow, accounting for 24.87% and 19.5%, respectively. The Middle East & Africa, along with Latin America, together make up 21% of the global market. In terms of specific countries, China, the U.S., Germany, Italy, and India are expected to be the largest markets. China is set to dominate as both the largest producer and consumer. India's redispersible polymer powder market is anticipated to surpass Germany's market by 2020, driven by the increasing activities in residential and non-residential construction.