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.
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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:
- PB (Polymer-Based)
- PM (Polymer-Modified)
By Insulation Material:
- Expanded Polystyrene (EPS)
- Mineral Wool
- Insulation Board
- Base Coat
- Finish Coat
- North America
- Asia Pacific
- Latin America
- 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
Table of content
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.3. Market Estimation
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015–2025 (USD Billion)
3.2. Key Trends
Key Que Answered in this report:
- What will the Exterior Insulation and Finish System (EIFS) Market the growth rate be in 2025?
- What are the key factors driving the Global Exterior Insulation and Finish System (EIFS) Market with a focus on the Chinese market?
- What are the key market trends in Exterior Insulation and Finish System (EIFS) Market?
- improve pasting the growth of the Exterior Insulation and Finish System (EIFS) Market?
- What are the challenges to Global Exterior Insulation and Finish System (EIFS) Market?
- What are the market opportunities and threats faced by the vendors in the Global Exterior Insulation and Finish System (EIFS) Market?
- What are the key outcomes of the five forces analysis of Exterior Insulation and Finish System (EIFS) Market?
What is our report offers:
Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments
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