Latex Powder Market Scope
Latex powder is organic polymer powder produced by spray drying of aqueous vinyl acetate-ethylene copolymer dispersion. Latex powder is a free-flowing powder that is used in construction to improve key properties of cement-based formulations and gypsum. There are various advantages of latex powder such as improved workability, superior adhesive strength, enhanced flexural strength, excellent abrasion resistance, and high impact resistance. Growth in the construction industry in developing countries boosting the demand for latex powder in the forecasted period.
The market study is being classified by Type (Styrene Butadiene Latex Powder, Vinyl Acetate Copolymer, Vinyl Acetate Terpolymer and Others), by Application (Concrete Repair Mortars, Ceramic Tile Adhesives, Thermal Insulating Adhesives, Joint Fillers, Self Levelling Mortars, Decorative Plasters, Wall Paper Adhesives and Sealing Slurries) and major geographies with country level break-up.
The global latex powder market is fragmented and key players are focused on the innovation in the latex powder to sustain into the market. Rising construction activity providing a huge demand for latex powder, mostly in developing countries. Research Analyst at AMA predicts that Chinese Vendors will contribute to the maximum growth of Global Latex Powder market throughout the predicted period.
Wacker Chemie AG (Germany), Akzo Nobel N.V. (Netherlands), BASF SE (Germany), Shandong Xindadi Industrial Group Co., Ltd. (China), Dow (United States), Hexion Inc.(United States), Ashland Global Specialty Chemicals Inc (United States), SHAANXI XUTAI TECHNOLOGY CO., LTD. (China), Puyang Yintai Industrial Trading Company Ltd (China) and Guangzhou yuanye Industrial Co.,Ltd. (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Quanzhou Sailun Building Materials Technology Co., Ltd. (China) and Henan Tiansheng Chemical Industries Co., Ltd (China).
AdvanceMarketAnalytics has segmented the market of Global Latex Powder market by Type, Application and Region.
On the basis of geography, the market of Latex Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Rising Demand in the Construction Industry where it is used in diverse applications such as joint fillers, wallpaper adhesives, etc.
- Use of Latex Rubber in Construction Activity to Protect from Harsh Climatic Conditions
- Growth Construction Industry In Developing Countries
- Increasing Healthcare Infrastructure Development in Emerging Economy
- Stringent Government Regulations
- Fluctuation in the Price of Raw Material
- Availability of Substitutes
Key Target AudienceLatex Powder Manufactures, Suppliers and Distributors of Latex Powder, Raw Material Suppliers, Potential Investors and Research Organisation
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