Press release
Future of the Stucco Market: Trends, Innovations, and Key Forecasts Through 2034
Stucco Market
Stucco Market Size Growth Forecast: What to Expect by 2025?
The market size for stucco has experienced robust growth in the past years. The market is predicted to expand from $13.32 billion in 2024 to $14.12 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%. Factors contributing to the growth during the historic period include its visual appeal, durability against weather conditions, energy efficiency, use in historical restorations, cost-effectiveness, and resistance to fire.
How Will the Stucco Market Size Evolve and Grow by 2029?
The stucco market is anticipated to witness a significant increase in size in the coming years. It is projected to reach a market value of $19.01 billion by 2029, with a compound annual growth rate (CAGR) of 7.7%. The surge predicted during the forecast period is due to a rise in construction and refurbishment projects, efforts towards historic conservation, increasing use in commercial and industrial sectors, developing markets and infrastructure enhancements, and the introduction of innovative stucco products and technologies. The upcoming trends during the forecast period comprise of innovative textures and finishes, fibre reinforced stucco, personalization and color trends, digital design tools, and fire-resistant stucco.
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What Drivers Are Propelling the Growth of Stucco Market Forward?
The surge in smart building development is projected to stimulate the expansion of the stucco market. Smart buildings, defined as structures that utilize automated systems to manage the building's activities through the use of sensors, actuators, and microchips for data gathering and management, often employ stucco technology due to its durability and cost-effectiveness. An example of this is in June 2024, the U.S. General Services Administration, a government agency, announced the 2024 GSA Administrator's plan to invest $80 million in smart building technologies. This investment, aimed at emission reduction, enhanced efficiency, cost-cutting, and comfort enhancement in around 560 federal buildings, is part of the drive towards an increase in smart buildings and cities, thereby propelling the growth of the stucco market.
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Which Emerging Trends Are Transforming the Stucco Market in 2025?
Leading firms in the stucco market, such as Kraftizen, are introducing groundbreaking collections to boost efficiency in solar PV systems with low voltage. Kraftizen offers a grand scope of stucco material, merging the charm of traditional craftsmanship with cutting-edge surface technology. For example, Cosentino Group, a company based in Spain renowned for producing and distributing innovative, sustainable surfaces, unveiled its most recent creation, Kraftizen, in October 2022. This is a brand-new Dekton collection fusing artistry and technology, marking the debut of extensive-format stucco material. This pioneering, carbon-neutral surface provides a contemporary iteration of handcrafted stucco beauty, suitable for both interior and exterior use. The Kraftizen collection presents five adaptable colors characterized by rich textures, namely Umber, Nacre, Argentium, Micron, and Albarium. This collection is a digital reinvention of customary craftsmanship, with each application stroke captured and transformed into a durable design.
What Are the Key Segments in the Stucco Market?
The stucco market covered in this report is segmented -
1) By Type: Traditional, Insulated
2) By Base: Concrete, Masonry, Tile, Other Bases
3) By Material: Cement, Aggregates, Admixture, Plasticizers, Reinforcement, Bonding Agent, Other Materials
4) By Application: Residential, Non Residential
Subsegments:
1) By Traditional Stucco: Cement-Based Stucco, Acrylic Stucco, Lime-Based Stucco
2) By Insulated Stucco: EIFS (Exterior Insulation and Finish System), Foam Board Insulation Stucco, Insulated Render Systems
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Who Are the Key Players Shaping the Stucco Market's Competitive Landscape?
Major companies operating in the stucco market include Sika AG, Cemex S.A.B. de C.V., BASF SE, Omega Products International, Dryvit Systems Inc., Quikrete Holdings Inc., Sto Group Inc., California Stucco Products Corp., Western Blended Products, DowDuPont de Nemours Inc., Senergy Pvt. Ltd., Simplex CC Ltd., James Hardie Industries PLC, USG Corporation, RPM International Inc., Boral Limited, Parex Inc., LaHabra Stucco, Master Wall Inc., Merlex Stucco Inc., Quikspray Inc., Conproco Corp., Western Stucco Products, Imasco Minerals Inc., California Stucco Products Corp., BMI Products of Northern California Inc., Pyramid Stucco Co., Sunrise Stucco Inc., Arcat Inc., Sherwin-Williams Company, Akzo Nobel NV
What Geographic Markets Are Powering Growth in the Stucco Market?
Asia-Pacific was the largest region in the stucco market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the stucco market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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