is a free flowing powder which is used in construction to improve key properties of gypsum and cement based formulations. Latex powder is produced by spray drying of aqueous vinyl acetate-ethylene copolymer dispersion. Globally, development of efficient and advance technology, rising demand from construction industry, recovery of the global economic scenario and advantageous properties of latex powder such as, improved workability, superior adhesive strength, enhanced flexural strength, excellent abrasion resistance and high impact resistance are the prime growth drivers of global latex powder market. In addition, increase in adoption of latex powder for application in newer industrial vertical and emerging economies such as China, India and others, will create new opportunities for global latex powder market. However, volatile prices and availability of raw materials, availability of substitute compounds and stringent government regulations are the key restraints for global latex powder market.
Geographically Asia Pacific dominated latex powder market,
followed by North America. Asia Pacific is projected to have fastest growth, owing to rapidly increasing construction industry, changing life style, rise in need for more houses and infrastructure due to growing urbanization in developing nations such as China and India in this region. The demand is also anticipated to increase in other developing economies such as Indonesia and other South-East Asian countries because of change in overall living standards. Among all the applications, construction segment has the highest market share in latex powder market due to spur in automotive industry, rising preference for processed food and improved standard of living.
This report identifies the global latex powder market size in for the year 2014-2016 and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges and other key aspects with respect to global latex powder market.This report segments latex powder market on the basis of type, application and regional market as follows:
This report identifies all the major companies operating in the latex powder market. Some of the major companies’ profiles in detail are as follows:
- Latex Powder Market, By Type: Styrene Butadiene Latex Powder, Vinyl Acetate Copolymer, Vinyl Acetate Terpolymer and Others
- The report has focused study on latex powder market by basis of application such as: Concrete Repair Mortars, Ceramic Tile Adhesives, Thermal Insulating Adhesives, Joint Fillers, Self Levelling Mortars, Decorative Plasters, Wall Paper Adhesives, Sealing Slurries and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) covering all the major country level markets in each of the region
- The DOW Chemical Company
- Momentive Specialty Chemicals
- Akzo Nobel Chemicals AG
- Henan Tiansheng Chemical