- Elastomeric Waterproofing Coatings Gain Traction in Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortars due to their high performance
- Players relentlessly focus on novel formulations and sustainable products that take into account minimum maintenance and cost efficiency; they are likely to focus more on meeting the needs of infrastructure development in Europe and North America
Transparency Market Research, New York: The global valuation of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortars was pegged at US$122.5 Mn in 2018. The revenues in the market are expected to rise at CAGR of ~6% during the forecast period of 2019 – 2027. They are extensively utilized in cement-based building products for residential sector.
Modern-day requirements for waterproofing applications in the construction sector has set the pace for innovation in the market. Analysts at TMR concur that players will focus not only in Europe and North America markets, but will set their sights on untapped potential in emerging markets, such as in India and China. Demand in Asia Pacific is expected to rise at promising pace.
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Key Findings of Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortars Report
- Among the various polymer types, vinyl acetate ethylene held major market shares in 2018
- Opportunities from the sales of VeoVA-based redispersible polymer powder are expected to rise at remarkable pace during the assessment period
- Europe held leading share of global market in 2018
- Asia Pacific accounts for a promising share in the global market
- China and South Korea are key revenue generators to the aforementioned regional market
- Rise in demand for redispersible polymer powder for self-levelling in economies in Eastern Europe to contribute growth of the regional market
- Share of Middle East and Africa and Latin America are likely to lose shares by the end of 2027
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Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortars: Key Driving Factors and Promising Avenues
- Demand for better formulations of waterproofing techniques and products in wide range of architectural applications around the world is driving the growth of the redispersible polymer powder market for 1k cementitious waterproofing and self-levelling mortars.
- Rising uptake in elastomeric waterproofing coatings for self-levelling is bolstering revenues in the market.
- Shift to one-component waterproofing systems has opened new avenues.
- Rise in construction projects has spurred on the demand for waterproofing applications that need advanced surface protection. They form crucial part in modifying the mechanical and thermal properties of cement repair mortar and concrete, driving their demand in the building and construction industry.
- Rise in demand for self-levelling mortars for residential application has gathered immense strides in numerous emerging economies around the world.
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Key Impediments to Redispersible Polymer Powder for 1k Cementitious Waterproofing & Self-levelling Mortars Market Stakeholders
Stakeholders in the redispersible polymer powder market for 1k cementitious waterproofing and self-levelling mortars are suffering revenue loss due to environmental factors that compromise on the performance characteristics. High temperature, moisture, and pressure affects the caking capacity of redispersible polymer powders.
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Meanwhile, companies in the redispersible polymer powder market for 1k cementitious waterproofing are leaning on constantly improving the performance. They are unveiling new formulations to meet advanced waterproofing requirements. Making innovation is also likely to help top players stay ahead in the competitive arc.
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The Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortars can be segmented as follows:
By Polymer Type
- Vinyl Acetate Ethylene
- Vinyl Ester of Versatic Acid
- Styrene Butadiene
- Acrylic
- Others (including Ethylene/Vinyl Chloride/Vinyl Laurate Terpolymer [E/VC/VL], Polyvinyl Acetate Polymer [PVAC], and Styrene Acrylate)
By Application
- 1k Cementitious Waterproofing Mortar
- Self-levelling Mortar
- Underlayment
- Toppings
By Region
- North America
- S.
- Canada
- Europe
- Germany
- France
- K.
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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