Press release
2023 Exterior Insulation And Finish System Market Research Report: Market Size, Key Trends, Share And Forecast To 2032 | BASF SE, STO SE & Co KGaA, Saint-Gobain, Wacker Chemie AG, Owens Corning.
As per The Business Research Company's Exterior Insulation And Finish System Opportunities And Strategies Market Report 2023, The global exterior insulation and finish system market size reached a value of nearly $78,195.7 million in 2021, having increased at a compound annual growth rate (CAGR) of 6.5% since 2016. The market is expected to grow from $78,195.7 million in 2021 to $1,32,183.3 million in 2026 at a rate of 11.1%. The global exterior insulation and finish system market size is then expected to grow at a CAGR of 11.2% from 2026 and reach $2,25,112.6 million in 2031.· Stringent regulations to reduce greenhouse gas emissions are expected to propel the growth of the exterior insulation and finish system going forward.
· Regulations imposed by certain governments made people adopt exterior insulation and finish system thereby increasing the demand for the market.
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· Players in the market are increasingly investing in developing solar façade systems and these systems are becoming a trend in the market.
· A solar façade system converts sun rays into energy and most façades can be used for solar cladding. Solar façade systems guarantee the harmonious integration of photovoltaics into building façades and renewable energy systems can be installed against the façade and integrated into the façade. Due to the advantages of solar façades, companies are focusing on developing new and advanced solar façades.
The top opportunities in the exterior insulation and finish system market segmented by material will arise in the expanded polystyrene segment, which will gain $27,786.8 millions of global annual sales by 2026. The top opportunities in segment by application will arise in the non-residential segment, which will gain $45,180.2 millions of global annual sales by 2026. The top opportunities in segment by type will arise in the polymer-based, which will gain $46,097.5 millions of global annual sales by 2026. The top opportunities in segment by component will arise in the base coat, which will gain $17,299.6 millions of global annual sales by 2026. The exterior insulation and finish system market size will gain the most in the USA at $13,768.9 million.
Exterior Insulation And Finish System Market Segmentation:
The Exterior Insulation And Finish System market is segmented by material, by application, by type, and by component.
By Material -
The exterior insulation and finish system market is segmented by material into
a) Mineral Wool
b) Expanded Polystyrene
c) Other Material
By Application-
The exterior insulation and finish system market is segmented by application into
a) Residential
b) Non-Residential
By Type -
The exterior insulation and finish system market is segmented by type into
a) Polymer-Based
b) Polymer-Modified
By Component -
The exterior insulation and finish system market is segmented by component into
a) Adhesive
b) Insulation Board
c) Base Coat
d) Reinforcement
e) Finish Coat
Major players in the Exterior Insulation And Finish System market include BASF SE, STO SE & Co KGaA, Saint-Gobain, Wacker Chemie AG, Owens Corning.
The regions covered in the global Exterior Insulation And Finish System market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global Exterior Insulation And Finish System Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
Exterior Insulation And Finish System Market Report Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
19. Company Profiles
20. Key Mergers and Acquisitions In The Market
21. Market Opportunities And Strategies
22. Exterior Insulation And Finish System Market, Conclusions And Recommendations
23. Appendix
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