Press release
Exterior Insulation and Finish Systems Market Set to Soar, Reaching $262.57 Billion by 2030
๐๐ฑ๐ญ๐๐ซ๐ข๐จ๐ซ ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ ๐ข๐ง๐ข๐ฌ๐ก ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ ?EIFS is a non-load bearing, exterior wall cladding system that provides continuous insulation and a wide range of aesthetic options. It comprises an insulation board, which is either adhesively or mechanically attached to the substrate, a reinforced base coat, and a textured protective finish coat. This system helps architects meet stringent energy codes while offering flexibility in design.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ข๐ ๐ก ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐๐จ๐ง-๐๐๐ฌ๐ข๐๐๐ง๐ญ๐ข๐๐ฅ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง:
EIFS has gained significant traction in the non-residential construction sector, which is projected to dominate the market from 2024 to 2030. This segment's preference for EIFS is driven by its superior thermal insulation and water resistance capabilities. The residential sector is also expected to grow robustly, playing a crucial role in shaping the future landscape of the EIFS market.
๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ-๐๐๐ฌ๐๐ (๐๐) ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ก๐๐ซ๐ ๐:
Among the different types of EIFS, the Polymer-Based (PB) segment is anticipated to witness the fastest growth. PB systems, typically made of expanded polystyrene (EPS), offer high thermal insulation and cost-effectiveness. They can be adhesively or mechanically attached and can include additional layers for enhanced impact resistance.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ:
The expanded polystyrene segment, known for its low thermal conductivity and non-hygroscopic nature, is set to be the fastest-growing insulation material. Meanwhile, the adhesives segment, crucial for joining diverse substrates, continues to dominate the market due to its versatility and effectiveness in eliminating corrosion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/27409/
๐๐ฑ๐ญ๐๐ซ๐ข๐จ๐ซ ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ ๐ข๐ง๐ข๐ฌ๐ก ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The global market for Exterior Insulation and Finish Systems (EIFS) is on an upward trajectory, with its valuation set to rise from USD 113.00 billion in 2023 to a staggering USD 262.57 billion by 2030.
๐๐ฑ๐ญ๐๐ซ๐ข๐จ๐ซ ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ ๐ข๐ง๐ข๐ฌ๐ก ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐
PB (Polymer-Based)
PM (Polymer-Modified)
๐๐ฒ ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Expanded Polystyrene (EPS)
Mineral Wool
Others
The expanded polystyrene segment is anticipated to increase at a quicker rate throughout the projection period based on the insulation material. Because 98% of expanded polystyrene's closed cell structure is made of air, it has a very poor thermal conductivity. Moreover, it does not easily absorb moisture from the atmosphere due to its non-hygroscopic nature.
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
Adhesive
Insulation Board
Base Coat
Reinforcement
Finish Coat
In 2017, the market for exterior insulation and finish systems was dominated by the adhesives category, which was followed by reinforcing and insulation boards. The adhesive materials enable the joining of substrates with varying sizes, compositions, and geometries, including glass, plastics, metals, and ceramics. When two dissimilar metals-such as steel and aluminum-join with differing galvanic potentials, the corrosion that results is eliminated by the application of adhesives.
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Residential
Non-Residential
๐๐ฑ๐ญ๐๐ซ๐ข๐จ๐ซ ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ ๐ข๐ง๐ข๐ฌ๐ก ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Maximize Market Research report assists clients in gaining a comprehensive understanding of the competitive landscape, serving as a valuable resource for strategic planning purposes. The comprehensive Exterior Insulation and Finish Systems market overview furnishes extensive information regarding market size, trade statistics, prominent participants, and a range of market indicators, encompassing aspects such as life cycle, prevailing trends, and more.
๐๐ฑ๐ญ๐๐ซ๐ข๐จ๐ซ ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ ๐ข๐ง๐ข๐ฌ๐ก ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ??
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐๐๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฒ:
Europe is poised to maintain its lead in the EIFS market, driven by burgeoning residential and non-residential construction activities. Countries like Italy and Poland are emerging as key markets for thermal insulation products, bolstering the region's growth. The increasing demand for energy-efficient building solutions further fuels this expansion.
๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐๐๐๐-19:
The report also delves into the impact of the COVID-19 pandemic on the EIFS market. Despite initial disruptions, the market has shown resilience, with some companies even thriving during lockdowns. The analysis includes a detailed assessment of market leaders, followers, and new entrants, offering insights into strategic responses to the pandemic's challenges.
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/27409/
๐๐ฑ๐ญ๐๐ซ๐ข๐จ๐ซ ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ ๐ข๐ง๐ข๐ฌ๐ก ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ & ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The competitive landscape of the Exterior Insulation and Finish Systems market encompasses aspects like technology adoption, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A comprehensive report delves into the drivers, limitations, opportunities, and challenges inherent in the Exterior Insulation and Finish Systems market. The report employed a bottom-up approach to ascertain Exterior Insulation and Finish Systems market estimations and growth rates.
To gain insights into Exterior Insulation and Finish Systems market penetration, pricing dynamics, demand analysis, and competitive panorama, the report executed regional analysis at local, regional, and global levels. Essential details about the Exterior Insulation and Finish Systems market, including stakeholders, investors, and new entrants, are presented to facilitate the development of marketing strategies and investment plans.
Both primary and secondary data gathering techniques were employed for the Exterior Insulation and Finish Systems Market. Primary approaches involved surveys, questionnaires, and interviews with industry leaders and business proprietors, while secondary data encompassed sources like press releases, annual and financial reports, white papers, etc. SWOT analysis was leveraged to pinpoint market vulnerabilities and weaknesses, while the PORTER framework was applied to gauge industry competitiveness within the Exterior Insulation and Finish Systems Market.
๐๐ฑ๐ญ๐๐ซ๐ข๐จ๐ซ ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ ๐ข๐ง๐ข๐ฌ๐ก ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. BASF
2. Saint-Gobain
3. Wacker Chemie AG
4. STO SE & Co KGaA
5. Owens Corning
6. Dryvit Systems Inc
7. Master Wall Inc
8. Parex USA, Inc
9. SFS Group Ag.
10. Rmax
11. Durabond Products Ltd
12. Durock Alfacing International Limited
13. Adex Systems Inc.
14. Omega Products International
15. Terraco Group
16. Adex Systems
17. Sika Corporation
18. Lafargeholcim Ltd.
19. The Dow Chemical Company
20. Aliva UK Ltd.
๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐๐๐๐๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค๐-19:
As energy efficiency and sustainable building practices continue to gain importance, the EIFS market is set for substantial growth. With advancements in materials and technology, alongside increasing adoption in both residential and non-residential sectors, the future looks promising for EIFS. The comprehensive market analysis provides stakeholders with a clear understanding of current trends and future projections, making it an essential guide for navigating this dynamic industry.
In summary, the Exterior Insulation and Finish Systems market is on the cusp of significant expansion, driven by technological innovation, rising energy efficiency standards, and robust demand across various construction sectors. Stakeholders can look forward to a market ripe with opportunities and poised for long-term growth.
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐๐จ๐ซ ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ฑ๐ฉ๐ฅ๐๐ง๐๐ญ๐ข๐จ๐ง: https://www.maximizemarketresearch.com/market-report/global-exterior-insulation-and-finish-systems-eifs-market/27409/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฑ๐ญ๐๐ซ๐ข๐จ๐ซ ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ ๐ข๐ง๐ข๐ฌ๐ก ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Exterior Insulation and Finish Systems?
What is the growth rate of the Exterior Insulation and Finish Systems Market?
Which are the factors expected to drive the Exterior Insulation and Finish Systems market growth?
What are the different segments of the Exterior Insulation and Finish Systems Market?
What are the factors restraining the growth of the Exterior Insulation and Finish Systems Market?
What is the demand pattern of the Exterior Insulation and Finish Systems Market?
What major challenges could the Exterior Insulation and Finish Systems Market face in the future?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ฎ๐ซ ๐๐จ๐ฌ๐ญ ๐๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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