Redispersible Polymer Powder Market Size, Trends, Forecast to 2029 | Key Players –Hexion Inc, Acquos, Wacker Chemie AG, Bosson Union Tech, Ashland Global Holding
Redispersible polymer powders are emulsions converted to thermoplastic resin materials by a variety of processes such as spray drying, surface treatment, and high temperatures and pressures. These emulsions can function as additives when added to new mixtures. The global redispersible polymer powder market report compiled by analysts at Market Research Future (MRFR) contains a list of drivers, challenges, and opportunities. Market Outlook The global redispersible polymer powder market is poised to reach a stellar size of USD 2,378.2 million by 2023. It can exhibit a CAGR of 6.6% from 2018 to 2023 (forecast period). The investment in residential and commercial infrastructural projects is one of the most pertinent growth drivers of the market. Smart city initiatives by developing economies and the resurgence of the real estate sector in developed economies are likely to augur favorably for the market. The growing per capita income of consumers as well as the application of redispers...