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Exterior Insulation and Finish System Market to Grow At a 8.06% CAGR and Expected to Reach USD 112.08 billion by Size till 2029 | Professional Report by Material , Type (PB (Polymer-based), Application, Driving Innovations, Key Indicators and Leading Play
Based on previous market performance, the Exterior Insulation and Finish System market is expected to reach USD 112.08 billion in size by 2029. With a 8.06% CAGR.Exterior Insulation and Finish System Market Overview:
EIFS stands for exterior insulation and finishing system, and it is a protective, insulating, and ornamental finish system for exterior or outer walls that can be applied to any type of structure. EIFS allows architects to create in a flexible and aesthetically pleasing manner while also fulfilling modern energy requirements.
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Due to driving factors such as rigorous building energy codes and greenhouse gas emission requirements, the external insulation and finish system market is expected to develop throughout the forecast period. Furthermore, these systems consume substantially less energy, cutting the effective cost. This element contributes to the market for exterior insulation and finish systems growing even faster.
Based on our expert's analysis the players that are leading the market includes: 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.
The whole market is segmented as follows:
Exterior Insulation and Finish System Market by Type, 2020-2029, (USD Millions, Kilotons)
PB (POLYMER-BASED)
PM (POLYMER-MODIFIED)
Exterior Insulation and Finish System Market by Application, 2020-2029, (USD Millions, Kilotons)
Residential
Non-Residential
Exterior Insulation and Finish System Market by Materials, 2020-2029, (USD Millions, Kilotons)
EPS (EXPANDED POLYSTYRENE)
MW (MINERAL WOOL)
Exterior Insulation and Finish System Market by Component, 2020-2029, (USD Millions, Kilotons)
Adhesive
Insulation Board
Base Coat
Reinforcement
Finish Coat
Industry Developments:
In September 2020 - Strikolith was purchased by Saint-Gobain, a building materials firm based in France, for an undisclosed sum. Saint-Gobain hopes to expand its portfolio in the building chemicals and external thermal insulation composite systems markets in the Netherlands with this acquisition. Strikolith is a firm established in the Netherlands that manufactures wall, front, and ceiling finishes.
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Exterior Insulation and Finish System Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.
Regional Analysis:
This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Exterior Insulation and Finish System Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.
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