The exterior insulation and finish systems are cladding systems made of composites installed in a building. This integrated composite material system provides insulation and water-resistant finish to the exterior walls. Growing adoption of energy-efficient homes in developed countries and rebates and tax credits from the government is fuelling the demand for exterior insulation and finish systems during the forecast period. Moreover, Middle Eastern and African markets are expected to create symbolic opportunities for the manufacturers in the future.
MARKET DYNAMICS
The exterior insulation and finish system market is anticipated to grow in the forecast period owing to driving factors such as stringent building energy codes and greenhouse gas emission regulations. Additionally, these systems significantly reduce energy consumption, thereby lowering effective cost. This factor further fuels the growth of the exterior insulation and finish system market. However, demand for green insulation material is a restraining factor for the market growth. Nonetheless, favorable policies and regulations would create growth prospects for the key players active in the exterior insulation and finish system market in the coming years.
MARKET SCOPE
The "Global Exterior Insulation and Finish System (EIFS) Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of exterior insulation and finish system market with detailed market segmentation by type, insulation material, application, and geography. The global exterior insulation and finish system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading exterior insulation and finish system market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global exterior insulation and finish system market is segmented on the basis of type, insulation material, and application. Based on type, the market is segmented as polymer-based and polymer-modified. On the basis of the insulation material, the market is segmented as mineral wool, expanded polystyrene (EPS), and others. The market on the basis of the application is classified as residential and non-residential.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global exterior insulation and finish system market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The exterior insulation and finish system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting exterior insulation and finish system market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the exterior insulation and finish system market in these regions.
MARKET PLAYERS
The reports cover key developments in the exterior insulation and finish system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from exterior insulation and finish system market are anticipated to lucrative growth opportunities in the future with the rising demand for exterior insulation and finish system in the global market. Below mentioned is the list of few companies engaged in the exterior insulation and finish system market.
The report also includes the profiles of key exterior insulation and finish system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- BASF SE
- Dryvit Systems, Inc.
- DuPont de Nemours, Inc
- Master Wall, Inc.
- Owens Corning
- Saint-Gobain
- Sika Corporation
- Sto Group
- Terraco Group
- Wacker Chemie AG
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