The exterior insulation and finish system (EIFS) market is experiencing significant growth, poised to reach a staggering USD 168.21 billion by 2033. This boom, with a projected CAGR of 14.63%, comes from a strong 2023 baseline of USD 92.44 billion. EIFS is a popular exterior wall treatment prized for its ability to boost energy efficiency and provide design flexibility. It's no surprise then, that the market was already valued at around USD 90.2 billion in 2022 and is expected to reach USD 160.3 billion by 2028 with a CAGR of 10.1%. While the global rise in construction spending fuels this growth, the availability of eco-friendly alternatives for insulation presents a potential challenge. Fortunately, EIFS remains a compelling option due to its energy-saving properties, attractive aesthetics, and cost-effectiveness.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Product Type (PB (Polymer-based), PM (Polymer-modified), Others)
By Insulation Material (MW (Mineral Wool), EPS (Expanded Polystyrene), Others)
By Component (Adhesive, Insulation Board, Base Coat, Reinforcement, Finish Coat, Others)
By End-User (Residential, Non-Residential, Others)
Key players
BASF
Saint-Gobain
Wacker Chemie
STO SE & Co
Owens Corning
Dryvit Systems Inc
Master Wall Inc
Parex Usa, Inc
SFS Group
Rmax
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