(MENAFN- GlobeNewsWire - Nasdaq) Luton, Bedfordshire, United Kingdom, March 01, 2023 (GLOBE NEWSWIRE) -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Exterior Insulation and Finish System Market.
The global exterior insulation and finish system market size is expected to grow at an 8.06% CAGR from 2023 to 2029. It is expected to reach above USD 112.08 billion by 2029 from USD 55.78 billion in 2022. The Exterior Insulation and Finish System (EIFS) market is a growing industry that provides a complete exterior wall system for buildings, including insulation, water resistance, and an attractive finish. The system consists of a layer of insulation board, a reinforcing mesh, and a synthetic stucco or acrylic finish. EIFS is a popular choice for both residential and commercial construction due to its energy efficiency, durability, and aesthetic appeal.
The market for EIFS is driven by a growing demand for energy-efficient building materials and a desire for low-maintenance exteriors. The system provides excellent thermal insulation, which can help reduce energy costs and improve building performance. EIFS also offers a wide range of design options, including different colors, textures, and finishes, making it a versatile choice for architects and builders.
The EIFS market is segmented by component, insulation material, and geography. The major components of the system include insulation boards, adhesive, reinforcing mesh, base coat, and finish coat. The most common insulation materials used in EIFS are expanded polystyrene (EPS), extruded polystyrene (XPS), and mineral wool. Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Key Benefits
The study provides an in-depth analysis of the current & future trends of the global exterior insulation and finish system (EIFS) market to elucidate imminent investment pockets. Information about key drivers, restraints, opportunities, and their impact analysis on the market has been provided. Porter's five forces analysis illustrates the potency of buyers & suppliers that operate in the industry. The quantitative analysis of the global exterior insulation and finish system (EIFS) market has been provided to determine the market potential.
| Report Attribute | Details |
| Exterior Insulation and Finish System Market size value in 2022 | USD 55.78 billion |
| Revenue forecast in 2029 | USD 112.08 billion |
| Market Growth rate | CAGR of 8.06% from 2023 to 2029 |
| Base year for estimation | 2022 |
| Historical data | 2018 - 2020 |
| Forecast period | 2023 - 2029 |
| Quantitative units | Revenue in USD Million, volume in units, CAGR from 2022 to 2029 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, trends |
| Segments covered | By Type; Application; Material; Component; and By Region |
| Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Key companies profiled | Basf Corporation, Rmax, Dryvit Systems, Inc., Parex Usa, Inc., Sto Corp., The Dow Chemical Company, Saint-Gobain Weber, Aliva Uk Ltd, Owen Corning, Omega Products International, Adex Systems, Terraco Group, Dura bond products limited, and others. |
| Customization scope | Free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Companies Covered in Exterior Insulation and Finish System Market Report:
Basf Corporation Rmax, Dryvit Systems, Inc. Parex Usa, Inc. Sto Corp. The Dow Chemical Company Saint-Gobain Weber Aliva Uk Ltd Owen Corning Omega Products International Adex Systems Terraco Group Dura bond products limited
Browse Full Premium Report | Exterior Insulation and Finish System Market Analysis with Strategic Developments
Report Benefits
Develop business strategies by understanding the trends shaping and driving the Market. Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Exterior Insulation and Finish System Market in the future. Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of Exterior Insulation and Finish System Market leaders. Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage. Track sales in the global and country-specific Market. Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
Some points on how the report benefits stakeholders:
The reports include historical (2018–2020) and forecast (2023–2029) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each. Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2018 and 2029. The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the Exterior Insulation and Finish System Market. The report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace. Exterior Insulation and Finish System Market research analysis is vital for all crucial business strategies and can aid in numerous ways and to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements and various other factors that enhance sales of a firm or perhaps provide insights to focus on merger and acquisition as a strategy or enter into strategic agreements or joint ventures etc. Exterior Insulation and Finish System Market report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.
Key Market Segments: Exterior Insulation and Finish System Market
By Type
PB (POLYMER-BASED) PM (POLYMER-MODIFIED)
By Application
Residential Non-Residential
By Materials
EPS (EXPANDED POLYSTYRENE) MW (MINERAL WOOL)
By Component
Adhesive Insulation Board Base Coat Reinforcement Finish Coat
By Region
North America Europe Asia Pacific South America Middle East and Africa
Frequently Asked Questions About This Report
How big is the Exterior Insulation and Finish System Market? What is the Exterior Insulation and Finish System Market growth? Which segment accounted for the largest Exterior Insulation and Finish System Market share? Who are the key players in the Exterior Insulation and Finish System Market? What are the factors driving the Exterior Insulation and Finish System Market?
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