Stucco Market Survey Report, Growth Factors, Top Leaders and Forecast 2022-2027

According to the latest report by IMARC Group, titled "Stucco Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global stucco market size reached US$ 10.9 Billion in 2021. The market is anticipated to reach a value of US$ 14.1 Billion by 2027, exhibiting a CAGR of 4.5% during 2022-2027.

Stucco, also known as render, is a plaster that is composed of aggregates, a binder, and water. The material can be applied to walls, ceilings, floors, cornices, moldings, and other decorative surfaces as a decorative coating. With adhesives, powdered colors, and liquid colors, it creates a smooth wall surface that can be custom-colored and textured. Applied as a liquid and solidified after drying, stucco is extremely tough, long-lasting, and fireproof. Despite its low maintenance requirements, it is able to withstand sun rays and harmful UV rays, making it ideal for both hot and cold climates.

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Global Stucco Market Trends:

The global market is majorly driven by the rapid product utilization in the construction industry. This can be attributed to a considerable rise in construction activities across the globe. In line with this, the paradigm shift toward the incorporation of innovative concrete structure design aesthetics in residential and commercial buildings is providing an impetus to the market. Additionally, the rising trend of contemporary workplaces, along with the growing working population, is resulting in a higher product uptake in commercial enterprises.

Moreover, favorable initiatives aimed at enhancing infrastructure development undertaken by the governments of several countries are also creating a positive market outlook. Continual technological advancements, such as the rising number of smart buildings and the introduction of innovative products, such as stucco spraying machines, are further fueling the market. Some of the other factors contributing to the market include rapid urbanization leading to improved lifestyles, inflating disposable incomes, low production costs of stucco, and extensive research and development (R&D) activities.

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Key Market Segmentation:

Breakup by Construction Activity:

• New
• Renovation


Breakup by Product:

• Traditional Three-Coat Stucco
• Exterior Insulating and Finish Systems
• Newer-One Coat Stucco


Breakup by Insulation Type:

• Insulated Siding
• Non-Insulated Siding


Breakup by End Use:

• Residential
• Non-Residential

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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