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Earthen Plasters Market Top Vendors and Applications | Projected $116.8 Mn Valuation by 2030

10-10-2023 06:41 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Earthen Plasters Market

Earthen Plasters Market

The Earthen Plasters Market also known as mud plasters or clay plasters, have gained significant popularity in recent years as a sustainable and eco-friendly alternative to conventional building materials. These plasters, made primarily from natural ingredients such as clay, sand, straw, and water, offer numerous benefits for both the environment and the construction industry. This article delves into the emerging earthen plasters market, exploring its growth, advantages, and future prospects.

The global earthen plasters market size was valued at $81.7 million in 2020, and is expected to reach $116.8 million by 2030, registering a CAGR of 3.3% from 2021 to 2030

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Top Companies
Clay.It, Conluto, Claytech Baustoffe Aus Lehm, American Clay Enterprises LLC, Clayworks, Earth Plaster Pvt. Ltd, JBR Coatings and Insulations, LimeStrong Artisan, Mike wye & Associates, New Mexico Clay

In a world increasingly concerned about environmental sustainability and climate change, the construction industry has been under scrutiny for its significant carbon footprint. Traditional building materials, such as cement and gypsum, are energy-intensive to produce and contribute to greenhouse gas emissions. Consequently, there has been a growing interest in sustainable construction practices, including the use of earthen plasters.

Earthen plasters are made from natural and abundant materials, reducing the need for resource-intensive manufacturing processes. They are biodegradable and can be recycled or returned to the earth without causing harm to the environment. Unlike conventional plasters, earthen plasters require minimal energy for production, resulting in significantly lower embodied energy. This characteristic aligns with the principles of energy-efficient construction.

Earthen plasters have excellent thermal mass properties, which means they can store and release heat gradually. This makes them ideal for regulating indoor temperatures and reducing the need for artificial heating and cooling. The natural composition of earthen plasters contributes to healthier indoor air quality. They do not emit harmful VOCs (Volatile Organic Compounds) often found in synthetic building materials. Earthen plasters offer a wide range of colors and textures, allowing architects and builders to create unique and aesthetically pleasing designs.

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In addition, government investment in renovation and home remodeling activities escalates the demand for earthen plaster products, which fuels the growth of the global earthen plasters market. For instance, according to the data published by the Government of Canada, the Canadian construction industry is expected to grow to $304.6 billion in 2023, which includes home improvement, renovations, and remodeling of nonresidential & residential buildings. In addition, rise in spending on construction and renovation activities in countries such as Germany, the U.S., and Japan fosters the market growth. 

For instance, the U.S. Government spending on public and private infrastructure activities increased by 20% from 2012 to 2020. However, fluctuation in raw construction type prices and unreliability on harsh weather conditions are anticipated to hamper the market growth. Furthermore, government investments in the building infrastructure sector are projected to provide lucrative opportunities for the growth of the market. 

The earthen plasters market is flourishing as people increasingly seek sustainable and eco-friendly building solutions. With their numerous advantages, including sustainability, low embodied energy, and improved indoor air quality, earthen plasters are well-positioned to play a significant role in the future of construction. As the construction industry continues to evolve towards more sustainable practices, earthen plasters will likely remain at the forefront of this transformation.

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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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