Product Code: ETC4506145 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India redispersible polymer powder market import shipment demonstrated robust growth with a CAGR of 9.3% from 2020 to 2024. However, in the latest period, there was a slight decline in growth rate by -5.7%, indicating a potential slowdown in market expansion. Overall, the market exhibited strong momentum with a mild deceleration towards the end of the period.
The redispersible polymer powder market in India is an essential component of the construction industry. These powders are used in cementitious materials to enhance their performance and durability. The construction sector`s growth, coupled with a focus on sustainable building practices, has led to an increasing demand for redispersible polymer powders in India.
The growth of the construction industry in India is a major driver for the redispersible polymer powder market. These powders are essential components of construction materials such as tile adhesives, grouts, self-leveling compounds, and external insulation systems. The demand for sustainable and energy-efficient buildings has led to increased usage of these powders in construction, as they improve the adhesion, flexibility, and durability of building materials. Moreover, the government`s emphasis on affordable housing and infrastructure development has stimulated the market. As urbanization continues, the construction sector`s growth is expected to be a key factor in the expansion of the redispersible polymer powder market in India.
Challenges in the redispersible polymer powder market include achieving consistent re-dispersion properties and compatibility with various building materials. Meeting the evolving environmental regulations and sustainability requirements is another challenge in this sector.
The construction industry, a key consumer of redispersible polymer powders for use in adhesives and coatings, faced challenges due to lockdowns and labor shortages. The market experienced a temporary dip in demand. However, with the gradual recovery in construction activities, the market started to rebound, driven by the need for high-quality construction materials.
Key players in the India redispersible polymer powder market comprise leading companies such as BASF SE, Wacker Chemie AG, AkzoNobel, Dairen Chemical Corporation, and Ashland. These companies are known for their innovative product offerings, extensive R&D, and market penetration strategies within the redispersible polymer powder segment.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Redispersible Polymer Powder Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Redispersible Polymer Powder Market Revenues & Volume, 2021 & 2031F |
3.3 India Redispersible Polymer Powder Market - Industry Life Cycle |
3.4 India Redispersible Polymer Powder Market - Porter's Five Forces |
3.5 India Redispersible Polymer Powder Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Redispersible Polymer Powder Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Redispersible Polymer Powder Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Redispersible Polymer Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for green building materials in India |
4.2.2 Growth in the construction industry in India |
4.2.3 Rising awareness about the benefits of redispersible polymer powder in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Lack of skilled labor for proper application of redispersible polymer powder |
4.3.3 Stringent regulations and standards for construction materials in India |
5 India Redispersible Polymer Powder Market Trends |
6 India Redispersible Polymer Powder Market, By Types |
6.1 India Redispersible Polymer Powder Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Redispersible Polymer Powder Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Redispersible Polymer Powder Market Revenues & Volume, By VAE, 2021-2031F |
6.1.4 India Redispersible Polymer Powder Market Revenues & Volume, By VeoVa, 2021-2031F |
6.1.5 India Redispersible Polymer Powder Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.6 India Redispersible Polymer Powder Market Revenues & Volume, By SB, 2021-2031F |
6.2 India Redispersible Polymer Powder Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Redispersible Polymer Powder Market Revenues & Volume, By Tiling & Flooring, 2021-2031F |
6.2.3 India Redispersible Polymer Powder Market Revenues & Volume, By Mortars, 2021-2031F |
6.2.4 India Redispersible Polymer Powder Market Revenues & Volume, By Plastering, 2021-2031F |
6.2.5 India Redispersible Polymer Powder Market Revenues & Volume, By Insulation Systems, 2021-2031F |
6.3 India Redispersible Polymer Powder Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Redispersible Polymer Powder Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 India Redispersible Polymer Powder Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 India Redispersible Polymer Powder Market Revenues & Volume, By Industrial Construction, 2021-2031F |
7 India Redispersible Polymer Powder Market Import-Export Trade Statistics |
7.1 India Redispersible Polymer Powder Market Export to Major Countries |
7.2 India Redispersible Polymer Powder Market Imports from Major Countries |
8 India Redispersible Polymer Powder Market Key Performance Indicators |
8.1 Adoption rate of green building certifications in India |
8.2 Number of construction projects utilizing redispersible polymer powder |
8.3 Investment in research and development for enhancing the properties of redispersible polymer powder |
9 India Redispersible Polymer Powder Market - Opportunity Assessment |
9.1 India Redispersible Polymer Powder Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Redispersible Polymer Powder Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Redispersible Polymer Powder Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Redispersible Polymer Powder Market - Competitive Landscape |
10.1 India Redispersible Polymer Powder Market Revenue Share, By Companies, 2024 |
10.2 India Redispersible Polymer Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |