Redispersible Polymer Powder Market - Forecast(2021 - 2026)
Redispersible polymer powder market size is forecast to reach $3.3 billion by 2026 , after growing at a CAGR of 6.2% during 2021-2026. The redispersible polymer powder improves the water retention of dry-mix mortar and forms a film to reduce evaporation of water owing to which it is extensively utilized in the residential and commercial construction industry. When mixed with water, these powdered organic binders can redisperse into new emulsions with essentially identical properties to the original copolymer emulsions. The increasing requirement of redispersible polymer powders in the booming building & construction sector and its wide usage in maintenance projects is leading to the high growth of the redispersible polymer powder market. In addition, the government initiatives such as “Housing for All” and “Smart City Mission” are flourishing the construction sector, which is anticipated to play a key role in driving the redispersible po...