Description
Wiseguyreports.Com Adds “Stucco -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025” To Its Research Database
The Global Stucco market is growing in the wake of environmentally friendly plaster and high durability
The global stucco market has the potential to grow with USD 5.3 billion and with historical CAGR in the forecast period from 2020-2027. The factors driving the market demand for the global stucco market are emerging residential construction in the developing countries, need for eco-friendly plaster with high moisture resistance, and more extended durability.
Stucco is applied to the exterior of a building to protect its underlying structure from water, moisture, and various other environmental pressures. It provides multiple characteristics for the building space; these include enhanced water resistance, hardness, impact resistance, fire resistance, color retention, and smooth exterior decoration.
Also, it has low maintenance costs, is sturdy, versatile, and easy to install. Due to these characteristics, the demand for stucco increases. Another reason driving demand growth is the increase in residential, commercial, and industrial construction activities.
Moreover, the purpose of stucco is not just to serve as a layer of external walls as it reduces the energy required to heat or cool buildings. It is considered a durable wall covering in all climates. It also minimizes the amount of heat emitted in winter and limits the penetration of hot air in summer into buildings.
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Global Stucco Market: Competitive Landscape
Companies such as Sika AG, Cemex, BASF SE, Omega Products International, Dryvit Systems Inc., The Quikrete Companies, Sto Group, E. I DuPont DE Nemours, California Stucco Products Corp., and Western Blended Products and others are key players in the global Stucco market.
Material overview in the Global Stucco Market
Based on the material, the global Stucco market segmented into Cement, Aggregates, Admixture, Plasticizers, Bonding Agent. The cement segment has captured the highest market value in the worldwide stucco market in the forecast period from 2020-2027. It is mainly owing to tensile strength and durability, coupled with the low maintenance required for exterior decorations. Moreover, the property of stucco cement includes a various chemical that increases its usage in block walls.
Type overview in the Global Stucco Market
Based on the type, the global Stucco market bifurcated into Traditional, Insulated. The insulated segment has the largest market share in the worldwide stucco market. The stucco has the insulation features and has high water resistance property that dries very quickly when applied over foam board. Also, insulated stucco is less prone to cracking when acrylic resin adds to synthetic stucco.
Base overview in the Global Stucco Market
Based on the base, the global Stucco market categorized into Concrete, Masonry, Tile. The masonry segment will capture the largest share in the global stucco market. The stucco siding made up of cement, lime and is used to foam lath and give thickness to it. Moreover, it is used to provide a seamless finish, offers durability, and reliable home exterior.
End-user Overview in the Global Stucco Market
Based on the End-user, the global Stucco market attributed to Residential & Non-residential. The residential segment has dominated the market share for the global stucco market. It mainly owes to increase in the construction or renovation of old buildings and the use of stucco for its cost-effectiveness and high durability.
Region Overview in the Global Stucco Market
Based on geography, the global Stucco market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific expected to hold the largest share of the global stucco market. It is mainly owing to the construction of the residential segment, and the emerging need for alternative material used for development. Moreover, increasing disposable income is propelling the market share of the global stucco market.
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Table of Content
1. Research Strategic Development
2. Research Methodology
3. Executive Summary
4. Market Insights
5. Global Stucco Market Overview
6. Europe Stucco Market Overview
7. North America Stucco Market Overview
8. Asia Pacific Stucco Market Overview
9. South America Stucco Market Overview
10. Middle East & Africa Stucco Market Overview
11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1.1. Sika AG
11.7.1.2. Cemex
11.7.1.3. BASF SE
11.7.1.4. Omega Products International
11.7.1.5. Dryvit Systems Inc.
11.7.1.6. The Quikrete Companies
11.7.1.7. Sto Group
11.7.1.8. E. I DuPont DE Nemours
11.7.1.9. California Stucco Products Corp.
11.7.1.10. Western Blended Products
11.7.1.11. Other players
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