Global Exterior Insulation and Finish System EIFS Market to reach USD 140.2 billion by 2025.
Global Exterior Insulation and Finish System EIFS Market valued approximately USD 49.3 billion in 2016 is anticipated to grow with a healthy growth rate of more than 12.31% over the forecast period 2018-2025. Rigid regulations and ongoing trend in most of the countries for the reduction of greenhouse gas emission is the major factor driving the growth of the Global Exterior Insulation and Finish System EIFS market. Furthermore, the increasing numbers of middle-class consumers, demanding the better-quality of home heating and cooling services aiding to the growth of the market. The study by the US Department of Energy DOE show that over 40% of the energy consumed is disoriented because of the air infiltration which can be saved by using insulation. Thus, inducing the demand in Global Exterior Insulation and Finish System EIFS Market. However, the low availability of green insulation material hempcrete is the main restraint to the market. Exterior Insulation and Finishing System EIFS refers to the insulating, decorative, and protective finish system for exterior walls. EIFS is basically the wall cladding that utilizes stiff insulation boards on the wall and has a plaster-like outward covering. It employs organic polymeric material reinforced with the help of glass mesh. EIFS is applicable for both new constructions as well as old ones. The advantages of EIFS are, it acts as an energy-efficient, economical wall covering that insulates and provides weather protection. It also provides the facility of selection of shapes, colors, and textures.
The regional analysis of Global Exterior Insulation and Finish System EIFS Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as Middle East & Africa, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
? PB Polymer-Based
? PM Polymer-Modified
By Insulation Material:
? Expanded Polystyrene EPS
? Mineral Wool
? Others
By Component:
? Adhesive
? Insulation Board
? Base Coat
? Reinforcement
? Finish Coat
By By End-Use:
? Residential
? Non-Residential
By Regions:
? North America
o U.S.
o Canada
? Europe
o UK
o Germany
? Asia Pacific
o China
o India
o Japan
? Latin America
o Brazil
o Mexico
? Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Master Wall, Inc., BASF Corporation, RMAX, Dryvit Systems, Inc., Parex USA, Inc., Sto Corp., Lafargeholcim Ltd, The Dow Chemical Company, Saint-Gobain Weber, Aliva UK Ltd., Wacker Chemie AG, Owen Corning, SFS Group Ag, Omega Products International, Terraco Group and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Exterior Insulation and Finish System EIFS Market in Market Study:
? Key Consulting Companies & Advisors
? Large, medium-sized, and small enterprises
? Venture capitalists
? Value-Added Resellers VARs
? Third-party knowledge providers
? Investment bankers
? Investors
