VAE Redispersible Powder Price Trend

VAE Redispersible Powder Prices December 2023

The price of VAE redispersible powder in the United States for Q4 2023 reached 2015 USD/MT in December. The VAE redispersible powder market in the United States witnessed a decrease in prices compared to the preceding year. The country also experienced an oversupply of the product due to diminished demand from the downstream construction sector in the United States. The construction industry in the US encountered a downturn characterized by low investor confidence, resulting in reduced construction activities and a corresponding decrease in the consumption of VAE redispersible powder.

The price of VAE redispersible powder in Germany for Q4 2023 reached 1985 USD/MT in December. The VAE redispersible powder market in Germany experienced significant price fluctuations, with a substantial decrease compared to the preceding quarter. Despite these challenges, there were no reported plant shutdowns in the region during this period.

VAE Redispersible Powder Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “VAE Redispersible Powder Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of VAE redispersible powder pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of VAE redispersible powder at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of VAE redispersible powder price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing VAE redispersible powder price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

VAE Redispersible Powder Market Analysis

The global VAE redispersible powder market size reached 433.4 Thousand Tonnes in 2023. By 2032, IMARC Group expects the market to reach 574.4 Thousand Tonnes, at a projected CAGR of 3.20% during 2023-2032.

• The expanding construction sector, especially in developing economies, represents one of the key factors influencing the growth of the market across the globe. VAE redispersible powders enhance the performance of construction materials employed in commercial, residential, and infrastructure projects which are driving its demand. According to the data from Invest India, the construction industry in India is expected to reach $ 1.7 trillion by 2025. One of the leading recipients of FDI in India; inflows in construction (infrastructure) activities inflow of $33 Billion (April 2000 to Dec 2023). The construction industry market in India works across 250 sub-sectors with linkages across sectors. This is further fueling the VAE redispersible powder market share.
• The market is also driven by the increasing demand for materials that enhance reliability and durability in construction projects. VAE redisperible powders improve the flexibility, adhesion, and water resistance of adhesives and mortars, making them indispensable in modern construction practices. According to a news release by JLL, in the US, construction spending is expected to remain stable overall but will see variations from sector to sector. Material costs are expected to increase by 2% to 6%, employee wages are expected to increase by 3% to 5%, with total costs are expected to rise by 2% to 4%. This is further contributing to VAE redispersible powder market statistics.
• The increasing demand for external thermal insulation composite systems (ETICS), coupled with the rising awareness about energy conservation is contributing to the demand for VAE redispersible powders. For instance, in June 2022, Owens Corning announced to highlight its building science knowledge and expertise during the American Institute of Architects (AIA) A’22 Conference on Architecture, June 23-24 in Chicago. This is likely to boost the VAE redispersible powder market forecast over the coming years.
• The rising innovations in polymer chemistry and construction material science continue to enhance the properties of redispresible powders, thereby making them more appealing to manufacturers and consumers in the construction industry. According to the data from Invest India, 54 global innovative construction technologies were identified under a Technology Sub-Mission of PMAY-U to start a new era in the Indian construction technology sector.

VAE Redispersible Powder News

The report covers the latest developments, updates, and trends impacting the global VAE redispersible powder market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in VAE redispersible powder production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the VAE redispersible powder price trend.

Latest developments in the VAE redispersible powder market:

• In November 2023, BASF-YPC Company Limited (Nanjing, China), a 50:50 joint venture between SINOPEC Yangzi Petrochemical Company Limited and BASF SE (Ludwigshafen, Germany), plans to construct a 300,000-ton-per-year ethylene vinyl acetate (EVA) unit within its factory area in Nanjing.
• In May 2023, Wacker completed the capacity expansion measures for the production of vinyl acetate ethylene copolymer (VAE) dispersions and VAE dispersible polymer powders at WACKER’s Nanjing site in China. The new production lines were officially inaugurated on May 24th, 2023.

Product Description

VAE redispersible powder is a vinyl acetate ethylene copolymer powder that is created through a process of spray drying and emulsion of these copolymers. This powder is primarily employed in the construction industry to enhance key properties of cementitious and gypsum-based formulations.

The incorporation of VAE redispersible powder in dry mix formulations imparts improved adhesion, flexibility, and water resistance.

It helps reduce the formulation cracking, improves durability, and provides excellent bonding on different substrates.

It is especially valuable in applications like tile adhesives, repair mortars, grouts, and external thermal insulation composite systems. In line with this, by redispersing in water, the power reverts to its original emulsion state, maintaining its original binding properties. This adaptability makes it an essential additive in several construction materials which contributes to the enhanced performance and longevity of building components.

Regional Coverage

The report provides a detailed analysis of the VAE redispersible powder market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the VAE redispersible powder price trend. 

Global VAE Redispersible Powder Price

The report offers a holistic view of the global VAE redispersible powder pricing trends in the form of VAE redispersible powder price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of VAE redispersible powder but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed VAE redispersible powder demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe VAE Redispersible Powder Price

During the fourth quarter of 2023, the VAE redispersible powder market in the European region witnessed a series of challenges. The most prominent factors impacting the market included stagnant demand from the downstream construction sector, an oversupply of the product, and declining prices of the key stock, vinyl acetate monomer (VAM). The construction industry, especially the residential sector, performed below expectations, resulting in diminished demand for VAE powder. This lackluster demand, coupled with an oversupplied market, contributed to a notable depreciation in prices.

This analysis can be extended to include detailed VAE redispersible powder price information for a comprehensive list of countries.

North America VAE Redispersible Powder Price

During the fourth quarter of 2023, the VAE redispersible powder market in the North American region witness notable challenges. The market woes were further exacerbated by rising mortgage rates, which constricted the pool of potential homebuyers, thereby negatively impacting the demand for the product supply chain disruptions were also a noteworthy issue, driven by a shortage of truck drivers, which led to an increased lead delivery times for businesses.

Specific VAE redispersible powder historical data within the United States and Canada can also be provided.

Middle East and Africa VAE Redispersible Powder Price

The report explores the VAE redispersible powder pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on VAE redispersible powder prices for countries can also be provided.

Asia Pacific VAE Redispersible Powder Price

During the fourth quarter of 2023, the VAE redispersible powder market in the Asia Pacific region experienced stable supplies of the product, largely attributable to consistent imports from China, maintaining a well-balanced supply-demand scenario and averting significant price fluctuations. Moreover, the downstream construction industry exhibited healthy demand, fueled by positive business sentiments and heightened renovation activities during the festive season.

This VAE redispersible powder price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America VAE Redispersible Powder Price

The analysis of VAE redispersible powder prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of VAE redispersible powder pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting VAE redispersible powder price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The VAE redispersible powder price charts ensure our clients remain at the forefront of the industry.