The global VAE (Vinyl Acetate Ethylene) redispersible polymer powder market is expected to grow at a significant CAGR during the forecast period (2021-2027). VAE (Vinyl Acetate Ethylene) redispersible polymer powders are polymer emulsions that have been transformed to powdered thermoplastic resin materials by a variety of processes such as high temperatures and pressures, spray drying, and surface treatment. These powdered organic binders may be combined with water to create new emulsions that have nearly identical characteristics to the original copolymer emulsions.
The most widely used redispersible polymer powder is VAE, which is utilized as an ingredient in tile adhesives, mortars, plasters, and gypsum fillers. The powder's technical capacity to improve cohesiveness, flexibility, binding strength, and, most crucially, waterproofing quality has been a primary cause for its increased use throughout time. Though it is a small-scale industry, it has seen a lot of demand as a tile adhesive. Ceramic tiles were a key component in the architecture. Green buildings are a long-term method of creating structures and buildings that use environmentally friendly processes and substances to reduce the negative influence on the environment.
Environmental restrictions are causing a variety of changes in the building industry. Regulations governing Volatile Organic Compound (VOC) emissions in construction chemicals and materials have resulted in the increasing substitution of solvent-based compounds with water-based or environmentally friendly alternatives. The use of VAE re-dispersible polymer powder in the construction of green buildings is expected to drive market growth during the forecast period.
The growth of the VAE re-dispersible polymer powder market will be driven by smart city development and increased building of affordable housing facilities for the urban population. In the future, urbanization, population growth, and high discretionary income levels will all have a positive impact on residential development projects. The Savasa housing project in Indonesia, for instance, will be built in three stages over a total area of 37 hectares and is expected to be finished by 2021. The project's first phase entails the building of 33 shophouses and 811 houses. Environmentally friendly materials and smart-living technologies will be used in the construction of the homes. The project's goal is to accomplish long-term urban growth and offer residents high-quality housing clusters.
Market Coverage
o By Application – Tiling & Flooring, Mortars, Plastering, Insulation Systems, and Others
o By End-user – Residential, Commercial, and Industrial
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
VAE (Vinyl Acetate Ethylene) Re-dispersible Polymer Powder Market Report
By Application
By End-User
By Region
North America
Europe
Asia-Pacific
Rest of the World
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