Press release
Exterior Insulation and Finish System (EIFS) Market is Projected to Rise by USD 140.2 Bn – Forecast to 2022 | Global Key Players - Master Wall, BASF Corp., RMAX
Exterior Insulation and Finish System (EIFS) Market
Global Exterior Insulation and Finish System (EIFS) Market valued approximately USD 49.3 billion in 2016 is anticipated to grow with a healthy growth rate of more than 12.31% over the forecast period 2018-2025.
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Global Exterior Insulation and Finish System (EIFS) Market to reach USD 140.2 billion by 2025. Rigid regulations and ongoing trend in most of the countries for the reduction of greenhouse gas emission is the major factor driving the growth of the Global Exterior Insulation and Finish System (EIFS) market.
Furthermore, the increasing numbers of middle-class consumers, demanding the better-quality of home heating and cooling services aiding to the growth of the market. The study by the US Department of Energy (DOE) show that over 40% of the energy consumed is disoriented because of the air infiltration which can be saved by using insulation. Thus, inducing the demand in Global Exterior Insulation and Finish System (EIFS) Market. However, the low availability of green insulation material (hempcrete) is the main restraint to the market.
Exterior Insulation and Finishing System (EIFS) refers to the insulating, decorative, and protective finish system for exterior walls. EIFS is basically the wall cladding that utilizes stiff insulation boards on the wall and has a plaster-like outward covering. It employs organic polymeric material reinforced with the help of glass mesh. EIFS is applicable for both new constructions as well as old ones. The advantages of EIFS are, it acts as an energy-efficient, economical wall covering that insulates and provides weather protection. It also provides the facility of selection of shapes, colors, and textures.
Europe is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as Middle East & Africa, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
Key Players:
1 Master Wall, Inc.
2 BASF Corporation
3 RMAX
4 Dryvit Systems, Inc.
5 Parex USA, Inc.
6 Sto Corp.
7 Lafargeholcim Ltd and more...
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Segments and sub-segments by:
Regions:
1 North America Country (United States, Canada)
2 Latin America (Brazil, Mexico)
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Type:
1 PB (Polymer-Based)
2 PM (Polymer-Modified)
Insulation Material:
1 Expanded Polystyrene (EPS)
2 Mineral Wool
3 Others
Component:
1 Adhesive
2 Insulation Board
3 Base Coat
4 Reinforcement
5 Finish Coat
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Table of Content:
Chapter 1. Global Exterior Insulation and Finish System (EIFS) Market Definition and Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Global Exterior Insulation and Finish System (EIFS) Market Dynamics
Chapter 5. Global Exterior Insulation and Finish System (EIFS) Market, By Type
Chapter 6. Global Exterior Insulation and Finish System (EIFS) Market, By Insulation Material
Chapter 7. Global Exterior Insulation and Finish System (EIFS) Market, By Component
Chapter 8. Global Exterior Insulation and Finish System (EIFS) Market, By End-Use
Chapter 9. Global Exterior Insulation and Finish System (EIFS) Market, by Regional Analysis
Chapter 10. Competitive Intelligence
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