AP NEWS
ADVERTISEMENT
Press release content from MarketersMEDIA. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from MarketersMEDIA
Press release content from MarketersMEDIA. The AP news staff was not involved in its creation.

Stucco Market Incredible Possibilities of Growth and Opportunities Outcomes Analysis and Forecast to 2027

July 3, 2021 GMT

The key players operation in the global stucco industry include BASF SE, RPM International Inc., Sika AG, Fosroc International Ltd., Mapei S.p.A., GCP Applied Technologies Inc., General Electric (GE), CEMEX S.A.B. de C.V., and Heidelberg.

Stucco market size was USD 10.7 billion in 2018 and is set to surpass USD 15.3 billion by 2026, According to a new report published by Allied Market Research.

Worldwide stucco market is segmented into construction activity, product, insulation type, end use, and geography. Based on construction activity, the industry categorized into new and renovation construction. On the basis of product, the stucco market is bifurcated into traditional three-coat stucco, exterior insulating & finish systems, and newer-one coat stucco.

ADVERTISEMENT

Download Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/5900

Based on insulation type, the stucco market is segmented into insulated siding and non-insulated siding. The non-insulated siding segment is projected to portray the fastest CAGR of 5.4% during the forecast period. However, the insulated siding segment held the largest share in 2019, accounting for more than two-thirds of the market.

Development of the construction market & high purchasing power of end-users have drive the growth of the stucco market. However, low consumer awareness toward the availability of stucco hampers the industry growth. On the contrary, rise in demand from emerging economies is expected to create lucrative opportunities in the near future.

On the basis of end use, the market is segmented into residential and nonresidential. The residential segment dominated the market in 2019, accounting for more than four-fifths of the total revenue. However, the non-residential segment is estimated to portray the fastest CAGR of 6.1% through 2026.

Major market players:

1. BASF SE
2. Sika AG
3. RPM International Inc.
4. Mapei S.p.A.
5. Fosroc International Ltd.
6. General Electric (GE)
7. GCP Applied Technologies Inc.
8. Heidelberg
9. CEMEX S.A.B. de C.V.

Interested for Purchase Report @  https://www.alliedmarketresearch.com/stucco-market/purchase-options

The global stucco market across Asia-Pacific held the largest share in 2019, accounting for more than two-fifths of the market and is expected to manifest the fastest CAGR of 5.3% during the study period. This is due to the unremitting growth of the urban population and demand for improved infrastructure. The market across North America held more than one-fourth of the market.

About Us

ADVERTISEMENT

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Contact Info:
Name: David Correa
Email: Send Email
Organization: Allied Market Research
Address: 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States
Phone: 18007925285
Website: https://www.alliedmarketresearch.com/

Source URL: https://marketersmedia.com/stucco-market-incredible-possibilities-of-growth-and-opportunities-outcomes-analysis-and-forecast-to-2027/89032876

Source: MarketersMedia

Release ID: 89032876