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BERLIN, Dec. 24 (Xinhua) -- Germany can expect economic growth in the coming years, German central bank Bundesbank said in its latest monthly report for December.

According to the expectations of Bundesbank, the growth rates of gross domestic product (GDP) for 2016 and 2017 will both be 1.8 percent, while the growth rates for 2018 and 2019 weaken somewhat, respectively 1.6 percent and 1.5 percent.

After a comparatively meager 0.2 percent increase of the GDP in the third quarter, the Bundesbank's economists expect a strong final spurt, because the orders of the industry are in great demand and the consumers continue to buy.

"The German economy is in a solid upturn," Bundesbank noted.

"The main support is the lively domestic demand, which benefits from the favorable labor market situation and rising income of private households," it added.

Growing Landscape Of The Global Redispersible Polymer Powder Market Outlook: Ken Research

In the modern era, the industry of chemicals are very much developed and innovative with the introduction of new and advanced technologies in the premises for the gaining the effective growth across the globe. Whereas, the redispersible polymer powder are the polymer mixtures which have been transformed by an array of process such as spray drying, high temperatures and pressures and surface treatment to powdered thermoplastic resin materials. Moreover, the product is widely used in the construction industry for improving key properties of cement-based formulations. The key players of the redispersible polymer powder market around the globe are doing effective development in making the product for attaining the highest market growth. Whereas Vladimir Tarasenko Russia Jersey , boom in residential construction activity, growing non-residential construction activity and growing tile market are the major key drivers of the market which will lead to an effective growth around the globe in the coming years more significantly.

According to the report analysis, 鈥楪lobal Redispersible Polymer Powder Market Research Report – Forecast to 2023鈥?states that some of the major companies which are currently functioning in this market more actively for gaining the huge market share around the globe by develop the applications of the products in the near future includesWackerChemie AG (Germany), The Dow Chemical Company (US), Acquos (Australia) Vadim Shipachyov Russia Jersey , Akzo Nobel NV (Netherland), Ashland Global Holding (US), HexionInc (US), SynthomerPlc (UK), Bosson Union Tech (China) Artemi Panarin Russia Jersey , BASF SE (Germany), PuyangYintai Industrial (China), Benson Polymers Limited (India), Dairen Chemical Corporation (China), Organic Kimya (Turkey)and DivnovaSpecialities (India). Despite the major drivers of the market Alexander Ovechkin Russia Jersey , some restraints are also present which widely hinder the market growth such as the volatility of the raw material prices and challenges in the spray drying. For instance, on the basis of application, in 2016 the tiling and flooring sector held the highest market share and is projected that to pursue its dominance in the coming years.聽 In 2016, the tiling and flooring sector was worth at USD 533.8 million and is anticipated to account a CAGR of 7.2% in the valuation period.

In 2016, the sector of the mortars held the second highest market share. Meanwhile Vladislav Namestnikov Russia Jersey , the insulation system sector is anticipated to rise at an effective CAGR of 7.3%. Moreover, on the basis of type, the vinyl acetate-ethylene sector is forecasted to observe an effective growth at a CAGR of 7.5% whereas, the acrylic sector is anticipated to be the leading sector across the globe in the market of redispersible polymer powder.

Based on the geography, the market of the redispersible polymer powder is spread around the globe more significantly which majorly includes highly reputed and developed regions such as North America Evgeni Malkin Russia Jersey , Europe, Asia-Pacific region, Latin America, Middle East and Africa and rest of the world. While in 2016, the region of Asia Pacific held the market share and is forecasted to increase at a CAGR of 7.6%. China was the highest regional market and registered for the market volume of 80.88 kilotons in the same years. It is expected that in the coming years the market of re-dispersible polymer powder across the globe will grow more significantly over the decades with the effective support of the new entrants financially.

For more information on the research report Evgeny Kuznetsov Russia Jersey , refer to below link:-

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