Exterior Insulation and Finish System Market to Jump at 12.24% CAGR to 2023 - Key Trends, Forecast, Overview, Company Profiles and Forecast

Study aims to study exterior insulation and finish system market on the basis of product type, insulation material, component, & end-use industry. Other objectives include providing detailed information regarding main factors influencing growth of market (drivers, restraints, opportunities, & industry-specific challenges). It also aims to study individual growth trends, future prospects, and contribution of various segments to total market.

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The exterior insulation and finish system market was valued at USD 54.86 billion in 2017 and is projected to reach USD 108.11 billion by 2023. The market is projected to grow at a CAGR of 12.24% during the forecast period. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

The exterior insulation and finish system report aims to study the various segments that are part of the manufacturing process of EIFS and the end consumers. Thus, based on this, the study aims to study the EIFS market on the basis of product type, insulation material, component, and end-use industry.

Target Audience
• EIFS manufacturers
• Raw material suppliers
• End users
• Consulting firms

More Information on Exterior Insulation and Finish System (EIFS) Market by Product Type (PB, PM), Insulation material (EPS, MW), Component (Adhesive, Insulation board, Base coat, Reinforcement, Finish coat), End-use industry, and Region - Global Forecast to 2023 Now at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1616067 .

The market ecosystem includes various stakeholders involved in the supply chain of the exterior insulation and finish system industry starting from raw materials suppliers, research & development, manufacturing, and the assembly team. Post this, the marketing and sales of the finished products take place, which is only possible if an efficient distribution channel is developed. Finally, the end products are made available to the consumers.

The key EIFS providers profiled in the report are as follows:
• BASF (Germany)
• Saint-Gobain (France)
• Wacker Chemie AG (Germany)
• StoSE & Co KGaA(Germany)
• Owen Corning (US)
• Dryvit Systems Inc. (US)
• Master Wall, Inc. (US)
• Parex USA, Inc. (US)
• Rmax (US)

The global market for exterior insulation and finish system market is dominated by players such as BASF (Germany), Saint-Gobain (France), Wacker Chemie AG (Germany), Sto SE & Co KGaA (Germany), Owen Corning (US), Dryvit Systems Inc. (US), Master Wall, Inc. (US), Parex USA, Inc. (US), and Rmax (US).

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Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of EIFS market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources included professionals such as contractors, EIFS manufacturers, distributors, consultants, and academic professionals.

The distribution of primary interviews is as follows:
• By Company Type: Tier 1 –30%, Tier2 –35%, Tier 3 –35%
• By Designation: Director level–61%, Managerial Level–39%
• By Region: Europe–51%,North America–21%, Middle East & Africa–15%, Asia Pacific –8%, South America –5%

Middle East & Africa is projected to be the fastest-growing market during the forecast period. The global players, to improve their presence in this region, have started expanding their businesses, particularly in Africa, due to the availability of cheap labor, low exchange rates, and lenient environmental, health, and safety laws.

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sales@rnrmarketresearch.com / Call +1 888 391 5441
RnRMarketResearch Provides you the further information and more details with intelligence needs for your business. Access to in-depth market trends helps companies to assess the market effectiveness.

This release was published on openPR.