Focus on Urbanization and Infrastructure Development to Drive Global Market

The construction sector across the world continues to grow at a steady pace. Construction projects across the Asia Pacific region continue to grow at an exponential rate, owing to rising emphasis on urbanization, industrialization, infrastructure development, etc. As construction projects continue to scale up, as a result, the demand for waterproofing systems has witnessed a consistent growth as well. The global redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar is set to grow at a steady rate throughout the forecast period, due to the growing demand for vinyl acetate-ethylene (VAE) and redispersible polymer. In addition, as companies operating in the current global redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar are also investing significant resources in new waterproofing technologies and development of other types of structural components deployed in the construction repair.

Waterproofing technologies have continued to evolve at a noteworthy pace over the past few years. Conventional waterproofing techniques are gradually paving the way for new waterproofing techniques and products, including 1k cementitious waterproofing, polyurethane liquid membrane, bituminous coating, bituminous membrane, and liquid waterproofing membrane. Companies in the current redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar are expected to focus on the launch of new products to gain a competitive edge in the current market landscape.

redispersible polymer powder market for 1k cementitious waterproofing self levelling mortar market infographic

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Preference for Self-leveling Mortar to Remain High; 1k Cementitious Waterproofing Mortar Grows in Popularity

One of the most notable trends worldwide is that of urbanization, wherein government bodies are investing resources in the development of new buildings and mega structures. The significant growth in the number of construction projects has played a key role in driving the demand for effective waterproof systems and surface protection. Surface protection is imperative to offer protection against the migration of different chemicals such as de-icing salt in cement. In recent times, elastomeric waterproofing coating has gained a considerable amount of traction, as these systems have an exceptional ability to cope with hostile weather conditions and climatic conditions. These types of systems are increasingly being used in waterproofing applications in balconies, washrooms, water storage towers, etc.

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Over the past few years, the pursuit of one-component waterproofing systems has intensified, as companies operating within the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar are expected to find an alternative for the traditional two-component systems. As one-component systems have a lower waste output and are easier to handle, the adoption patterns reflect an upward growth. Research activities will continue to play a key role in the development of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar during the forecast period.

Market Players Focus on Innovations and New Products to Gain Advantage

Over the past decade, companies operating within the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar have predominantly focused on introducing innovative and sustainable products– a trend that is expected to continue during the forecast period. As the requirements from the construction sector continue to evolve, companies are in the process of developing products that can be used in modern-day applications. For instance, Archroma, launched a new re-dispersible polymer powder, Mowlith POWDER 2702. As per the announcement, the newly launched product was a groundbreaking innovation that improves and compliments 1k premium-performance waterproofing mortars for an array of applications in construction and building.

Moreover, several companies are expected to align their product development operations with key requirements of the construction sector worldwide, including cost-efficiency, waste reduction, durability, and minimum maintenance, among others. Companies are also expected to launch new chemical construction solutions that can withstand extreme temperatures. For instance, LATICRETE, launched the SUPERCAP SC650-MC, a low-alkali cement-based, self-leveling topping that can be ideally used in construction applications across a host of sectors, including healthcare, education, government, corporate, etc. Surface finish, end-product appearance, and overall feel of the coating are some of the other key parameters that are likely to influence the development of new products within the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar in the upcoming timeframe.

redispersible polymer powder market for 1k cementitious waterproofing self levelling mortar market segmentation

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Analysts’ Viewpoint

The global redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar is expected to grow at a healthy CAGR of ~6% during the forecast period. The significant rise in the number of infrastructure development activities across Europe and North America coupled with the growing focus on urbanization are some of the major factors that will augment the demand for redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar during the forecast period. Companies operating in the current market landscape should focus on the development of new products, tap into the opportunities in nations, including India and China, and at the same time introduce innovative construction solutions in line with the modern-day requirements of the construction sector.  

Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-Levelling Mortar: Overview

  • Redispersible polymer powder is primarily used in all kinds of dry-mix mortars such as wall putty powders, ceramic tile adhesives, ceramic tile jointing agents, dry powder interface agents, exterior insulation mortars, self-leveling mortars, mending mortars, decorative mortars, and waterproof mortars. Redispersible polymer powder improves the elastic bending strength and rupture strength of materials.
  • Redispersible polymer powder also improves freeze-proof properties, weathering resistance, durability, and wear resistance of materials. Additionally, it intensifies hydrophobicity, reduces water absorption, and lowers the contraction ratio of materials.
  • The redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar in Asia Pacific is anticipated to expand at a significant pace in the near future, owing to the rise in demand for waterproofing solutions in the building & construction sector in the region

Key Growth Drivers of Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar

  • Redispersible polymer powder is extensively employed in the production of cement repair mortar and concrete in the building & construction industry. Redispersible polymer powder improves workability and other important mechanical properties such as tensile strength, compression strength, and flexural strength; and transversal deformation of building products. Additionally, redispersible polymer powder offers various other benefits such as high adhesion, abrasion resistance, plasticity, and slip resistance to building products that are exposed to thermal or mechanical stress.
  • Demand for redispersible polymer powder in waterproofing, self-levelling, thermal insulation systems, cement-based plaster, and grouts has been increasing rapidly due to its characteristic features such as superior flow properties and high water repellency. Redispersible polymer powder possesses excellent flow properties and high water repellency. It also reduces capillary water absorption in cement-based building products. These factors are boosting the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar across the globe.
  • 1k cementitious waterproofing mortar is used in a wide range of applications in the construction industry. These include bathrooms, terraces, balconies, swimming pools, industrial tanks, and pipes. This is anticipated to drive the global redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar during the forecast period.

Major Challenges for Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar

  • Redispersible polymer powder needs to be stored in a cool and dry environment. Storing redispersible polymer powder in high temperature and humid conditions increases the risk of caking. This adversely affects the product quality.
  • High prices of grades of redispersible polymer powder such as Vinyl Ester of Versatic Acid (VeoVa) and styrene butadiene-based redispersible polymer powder are likely to restrain the market during the forecast period

Lucrative Opportunities for Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar?

  • Rapid transformation toward sustainable building products and improvement in standard of living across the globe are fueling the demand for environmentally compatible products based on vinyl acetate ethylene redispersible polymer powder. Companies can focus on strategic pricing to boost their sales. Brand promotions and launch of new products are likely to improve sales.
  • Megatrends such as urbanization and rising health awareness and resource efficiency promote the development of high quality products for housing applications. Demand for waterproofing systems containing polymer binders is increasing across the globe. They are easy to handle, and provide superior adhesion to the surface.
  • Manufacturers of redispersible polymer powder have limited presence in Middle East & Africa and Latin America. These regions are projected to offer lucrative opportunities to manufacturers in the next few years. Strengthening distribution channels in these regions is anticipated to help global companies expand their footprint.

Asia Pacific to Dominate Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar

  • Asia Pacific is expected to be a highly attractive region of the global redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar during the forecast period. The construction industry in the region is anticipated to expand rapidly during the forecast period.
  • China has the largest construction industry in the world. Residential construction in the country is estimated to experience slow but stable growth in the near future. Growth in residential and non-residential construction sectors is projected to expand at a considerable pace during the forecast period.

Europe and North America Offer Lucrative Opportunities for Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar

  • Demand for residential and commercial complexes is rising in Germany and Spain. According to the data provided by the International Organization for Migration (IOM) and the United Nations High Commissioner for Refugees (UNHCR), approximately one million refugees and immigrants shifted to Europe, in 2019. Thus, increase in construction activities in various countries and sub-regions is fueling the demand for redispersible polymer powder for 1K cementitious waterproofing & self-levelling mortar.
  • Rise in investments in repair & renovation and new construction activities are estimated to provide lucrative opportunities to new entrants as well as existing manufacturers in North America

Vinyl Acetate Ethylene Polymer to Lead Global Market

  • The vinyl acetate ethylene segment held the major share of the market in 2018. It is likely to maintain its dominance during the forecast period, driven by unique features of vinyl acetate ethylene-based redispersible polymer powders such as improved adhesion, flexibility and processability, thixotropy, excellent flow properties, and water repellency.
  • In terms of growth, the vinyl ester of versatic acid segment is anticipated to expand at a rapid pace during the forecast period. Vinyl ester of versatic acid is primarily used in dry-mix mortars, as it provides high hydrolytic stability, adhesion, and water and UV resistance.
  • Rise in demand for polymer modified cementitious mortars, renders, and plasters is expected to fuel the demand for vinyl ester of versatic acid during the forecast period

Leading Players Actively Engage in Capacity Expansions and R&D Activities

  • Major players operating in the market include
    • Wacker Chemie AG
    • Nouryon
    • The Dow Chemical Company
    • BASF SE
    • Synthomer plc
    • Hexion Inc.
  • These have considerable presence across the globe.
  • These companies accounted for 60% to 70% share of the global redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar in 2018
  • The redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar is fragmented with large number of players operating at the international as well as domestic level. Major players are strengthening their distribution channels to expand their market share. They are also strengthening their global presence by establishing production facilities in developing regions to capture untapped markets.

Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar - Scope of the Report

The latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the global redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar to accurately gauge its future development. The study presents detailed information about the important growth factors, restraints, and key trends that are creating the landscape for the future growth of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar, to identify the opportunistic avenues of the business potential for stakeholders. The report also provides insightful information about how the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar will progress during the forecast period of 2019 to 2027.

The report offers intricate dynamics about the different aspects of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar that aids companies operating in the market in making strategic development decisions. TMR’s study also elaborates on the significant changes that are highly anticipated to configure the growth of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar during the forecast period. It also includes a key indicator assessment to highlight the growth prospects of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar, and estimate statistics related to the market progress in terms of value (US$ thousand) and volume (tons).

This study covers a detailed segmentation of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar, along with key information and a competitive outlook. The report mentions the company profiles of key players that are currently dominating the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar, wherein various development, expansion, and winning strategies practiced and executed by leading players have been presented in detail.

Key Questions Answered in TMR’s Report on the Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar

The report provides detailed information about the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth potential of the market. Information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the redispersible polymer powder industry, so as to help them make successful strategies and take target-driven decisions.

  • Which polymer type of redispersible polymer powder will emerge as a major revenue generator for the market during the forecast period?
  • How are key market players successfully earning revenue out of the advantages of redispersible polymer powder?
  • What will be the Y-o-Y growth of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar between 2019 and 2027?
  • What are the winning imperatives of market frontrunners in the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar?
  • Which application is expected to offer lucrative opportunities for redispersible polymer powder during the foreseeing period?
  • Which are the leading companies in the global redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar?

Research Methodology – Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar

The research methodology adopted by analysts for combining the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar report is based on detailed primary as well as secondary research. With the help of in-depth insights of the industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar.

During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through the interviews of genuine resources, analysts have emphasized the changing scenario of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar.

For secondary research, analysts scrutinized numerous annual report publications, white papers, industry association publications, and company websites to obtain the necessary understanding of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar.

Redispersible Polymer Powder Market for 1k Cementitious Waterproofing & Self-levelling Mortar - Segmentation

TMR’s research study assesses the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar on the basis of polymer type, application, and region. This report presents the extensive market dynamics and progressive trends associated with different segments, and how they are influencing the growth prospects of the redispersible polymer powder market for 1k cementitious waterproofing & self-levelling mortar.

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)

Application

1k Cementitious Waterproofing Mortar

Self-levelling Mortar

  • Underlayment
  • Toppings

Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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