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Exterior Insulation and Finishing System (EIFS) Market – Opportunities in Key Application Sectors by 2025

05-24-2018 09:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Exterior Insulation and Finishing System (EIFS) Market –

"Exterior Insulation and Finishing System (EIFS) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 " is the latest addition to MarketResearchReports.Biz industry research reports collection.

The objectives of this study are as follows:

To define, describe, and forecast the "Exterior Insulation and Finishing System (EIFS)" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Exterior Insulation and Finishing System (EIFS) is an insulating, decorative, and protective finish system for exterior walls that can be installed on any type of construction. It is the only exterior wall covering that insulates and provides weather protection in a selection of shapes, colors, and textures that can replicate almost any architectural style or finish material, or stand by itself as an architectural finish. EIFS is wall cladding that utilizes stiff insulation boards on the outside of a wall and a plaster-like exterior covering. EIFS employs organic polymeric finishes reinforced with glass mesh. EIFS can be effective for both new construction and recladding applications, as an energy-efficient, economical wall covering. After World War II, buildings throughout Germany were damaged and in need of resurfacing. EIFS originated in Germany and came to the U.S. in the late 1960s.

EIFS, if installed properly, makes the building energy efficient. The EIFS costs more initially; however, it pays for itself over time. Structures with EIFS can save between 20% and 30% on energy bills as per the Oak Ridge National Laboratory. Aesthetics and creative freedom are the perks offered by EIFS. Expanded polystyrene (EPS) is a part of the system that can be cut or molded to create several shapes such as arches, columns, window details, and sculptures. EIFS costs less than traditional insulation materials. It does not encroach upon the interior area, as it is fitted on the outside. EIFS can be installed in extremely hot or cold places that otherwise are unlikely to accommodate construction. EIFS installations are technically challenging. Inexperienced workers plus fast-tracked construction can compromise the quality of EIFS. This could result in leak or holes in EIFS or worse. This is the primary restraining factor for the EIFS market.

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Based on design, the exterior insulation and finish system (EIFS) market can be segmented into class Polymer based (PB), class Polymer Modified (Polymer Modified), Direct-applied Exterior Finish System (DEFS), and EIFS with drainage. Class PB is also known as ’soft coat’ EIFS. It utilizes adhesively fastened expanded polystyrene (EPS) insulation with glass fiber reinforcing mesh embedded in a nominal base coat. Class PB represents the majority of EIFS used in North America. Class PM is also known as ’hard coat’ EIFS. In class PM EIFS, reinforcing mesh is mechanically attached to the extruded polystyrene (XPS) insulation, over which a thick, cementitious base coat is applied. Class PM EIFS was developed for improved impact resistance. DEFS is an EIFS without insulation. DEFS are mainly used for soffits, stairwells, and high-impact prone areas that don’t require insulation. EIFS with drainage is also known as ’rain screen EIFS’.

In terms of geography, the EIFS market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). North America and Europe are key markets for EIFS. The market in MEA and Asia Pacific is relatively small, as compared to the market in Europe and North America.

Key players operating in the exterior insulation and finish systems (EIFS) market are BASF Corporation, RMAX, Dryvit Systems, Inc., Parex USA, Inc., Sto Corp., Lafargeholcim Ltd, The Dow Chemical Company, Saint-Gobain Weber, and Aliva UK Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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