Press release
What's driving the Exterior Insulation and Finish System Market Trends? Key players BASF, Saint-Gobain, Wacker Chemie AG, STO SE & Co KGaA, Owens Corning, Dryvit Systems Inc, Master Wall Inc, Parex Usa, Inc., SFS Group Ag., Rmax
Exterior Insulation and Finish System Market
Global Exterior Insulation and Finish System market is valued approximately USD 61.57 Billion in 2018 and is anticipated to grow with a growth rate of more than 12.24% over the forecast period 2019-2026. Exterior insulation and finish system (EIFS) are a general class of non-load bearing building cladding systems which enables exterior walls with an insulated, water-resistant, finished surface in an integrated composite material system. The application of EIFS helps in efficient reduction of greenhouse gas emission.
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Therefore, stringent regulations to reduce greenhouse gas emission is expected to boost the growth of market over the forecast years. For instance: In March 2007, the European Heads of State agreed to a binding and unilateral GHG emission reduction of 20% by 2020. This agreement becomes a legal requirement in the European Union with plans to reduce GHG emission by 20% by 2020 and 40% by 2030.
Similarly, in 2009, the US announced to reduce GHG emissions by 17% by 2020 in comparison to that in 2005. Therefore, the ongoing trend of reducing GHGs, which is followed by most countries, is fueling the demand for building thermal insulation, such as EIFS. In Addition, Rebates and Tax Credits by government on application of Exterior Insulation and Finish systems accelerates the growth of market over the forecast years. However, Lack of awareness among people regarding EIFS and availability of green insulation material are the factors hamper the growth of market over the upcoming years.
Market player included in this report are:
o BASF
o Saint-Gobain
o Wacker Chemie AG
o STO SE & Co KGaA
o Owens Corning
o Dryvit Systems Inc
o Master Wall Inc
o Parex Usa, Inc.
o SFS Group Ag.
o Rmax
The regional analysis of global Exterior Insulation and Finish System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is accounts for the largest share in the global EIFS market due to the rapid growth in residential and non-residential construction activities and rising demand for thermal insulation in the market. Asia Pacific is the fastest growing region in the global EIFS market due to the rapid growth in construction activities in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product Components of key players.
The detailed segments and sub-segment of the market are explained below:
By Type :
o Polymer-based (PB)
o Polymer-Modified (PM)
By Insulation Material:
o Expanded Polystyrene (EPS)
o Mineral Wool
o Others
By Component:
o Adhesive
o Insulation Board
o Base Coat
o Reinforcement
o Finish Coat
By End-use Industries:
o Residential
o Non-residential
Table of Contents:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Exterior Insulation and Finish System Market, by Region, 2017-2026 (USD Billion)
1.2.2. Exterior Insulation and Finish System Market, by Type, 2017-2026 (USD Billion)
1.2.3. Exterior Insulation and Finish System Market, by Insulation Material, 2017-2026 (USD Billion)
1.2.4. Exterior Insulation and Finish System Market, by Component, 2017-2026 (USD Billion)
1.2.5. Exterior Insulation and Finish System Market, by End-use Industries, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Exterior Insulation and Finish System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Exterior Insulation and Finish System Market Dynamics
3.1. Exterior Insulation and Finish System Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Exterior Insulation and Finish System Market Industry Analysis
Chapter 5. Global Exterior Insulation and Finish System Market, by Type
Chapter 6. Global Exterior Insulation and Finish System Market, by Insulation Material
Chapter 7. Global Exterior Insulation and Finish System Market, by Component
Chapter 8. Global Exterior Insulation and Finish System Market, by End-use Industries
Chapter 9. Global Exterior Insulation and Finish System Market, Regional Analysis
Chapter 10. Global Exterior Insulation and Finish System Market Competitive Intelligence
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Related Reports: https://www.marketwatch.com/press-release/automotive-tire-pressure-monitoring-system-market-share-current-and-future-industry-trends-2020-2026-2020-04-17
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