Stucco Market opportunities, assessment, development, status, top manufacturers and forecast 2027


Stucco Market is expected to reach USD 15.5 Bn. in 2027 from USD 11.9 Bn in 2021 at a CAGR of 4.5% during the forecast period.

Stucco is a plaster made of Portland cement, sand, lime, water, and a variety of raw materials mixed together. It is used to make cornices, moldings, and other decorative elements, as well as to cover the inside and outside surfaces of walls, ceilings, and floors. It is suitable for both hot and cold climates due to its low maintenance requirements and ability to withstand harmful sun rays. Several manufacturers now offer tough, long-lasting, cost-effective, and fire-resistant product variants that can be applied to a variety of materials, including steel, clay, brick, wood, and concrete.

Stucco Market Overview:

Stucco Market Research Report examined the current state of definitions, classifications, applications, and the structure of the industry chain. The Stucco market analysis offers objective professional commentary on the current market scenario, prior market performance, production and consumption rates, demand and supply ratios, and income generation forecasts for the projected period. The Stucco market study also provides information on the industry's leading businesses' strategic ambitions and company growth strategies. To summarize, the report provides a comprehensive picture of the Stucco market in both global and regional markets.

To Get A Copy Of The Sample Of The Market, Click Here:https://www.stellarmr.com/report/req_sample/Stucco-Market/1087 

Stucco Market Dynamics:

Increasing demand for stucco in residential and commercial infrastructures such as buildings, highways, apartments, and skyscrapers is a major factor driving the Stucco market growth due to its numerous properties such as hardness, finishing durability, rot and fungus resistance, low maintenance, fire resistance, color retention, and low cost. During the forecast period (2022-2027), demand for stucco is expected to increase due to its use as a decorative coating for walls and ceilings, external building siding, and as a sculptural and artistic material in architecture.

Stucco Market Segmentation:

The Stucco market is divided into two types: traditional and insulated.

Insulated - The insulated segment is expected to grow at a faster rate during the forecast period. Insulated stucco is a more energy-efficient option that keeps air cooler in the summer and warmer in the winter, making it popular in the construction of energy-efficient buildings. Furthermore, it allows for the incorporation of additional design elements on the exterior, such as keystones, cornerstones, or other decorative accents, which will fuel the growth of the insulated stucco market.

Traditional - In the past, the traditional segment dominated the stucco market. Superior properties such as high strength, long durability, fire resistance, and moisture resistance contribute to the traditional segment's strong market position.
The Stucco market is divided into cement, aggregates, admixture, plasticizers, reinforcement, bonding agents, and others based on material.
Cement - The cement segment is expected to grow at a faster CAGR in the market during the forecast period, owing to the increasing use of a variety of cement in the production of stucco, including Portland cement, masonry cement, white Portland cement, blended cement, and plastic cement.

Aggregates - Because stucco is applied wet and hardens into an extraordinarily hardened dense solid, aggregates will increase the global stucco market share.

Residential - The residential segment of the stucco market is the fastest growing. During the forecast period, the residential segment is expected to grow at a faster CAGR. This is due to rising demand for energy-efficient homes, as well as increased residential building construction globally. The developing world's growing population and rising middle-class population are expected to drive market growth even further.
Non-Residential - The non-residential segment is expected to grow at the fastest CAGR during the forecast period, owing to rapid industrialization and the growing non-residential sector globally.
The Stucco market is divided into three major segments based on product: Coat Stucco, Exterior Insulating & Finishing System, and Traditional Three-Coat Stucco.

Stucco Market Key players:

The QUIKRETE Companies (USA)
Sika AG (Switzerland)
Cemex S.A.B. de C.V. (Mexico)
BASF SE (Germany)
DuPont DE Nemours (USA)
Omega Products International (USA)
Sto SE & Co. KGaA (Germany)
California Stucco Products Corp. (USA)
Western Blended Products (USA)
DRyvit (USA)
Parex Inc. (Canada)
Merlex Stucco (USA)
LaHabra Stucco (USA)
CertainTeed Corporation (USA)
Arcat Inc. (USA)
Integrated Stucco Inc. (USA)
RPM International Inc. (USA)
Fosroc International Ltd. (UK)
Mapei S.p.A. (Italy)
GCP Applied Technologies Inc. (USA)
Heidelberg (Germany)

Stucco Market Regional Analysis:

The region section of the Stucco market report includes specific market-affecting elements and regulatory changes that affect the market's current and future developments. New sales, replacement sales, national demographics, regulatory acts, and import-export tariffs are some of the primary indicators used to estimate the Stucco market scenario for different regions. Furthermore, the Stucco market report provides the existence and availability of global brands, as well as the challenges they face due to strong or weak competition from local and domestic brands, as well as the influence of sales channels, when providing forecast analysis of national data. markets.

The Asia Pacific region is expected to dominate the Stucco market share due to high technological adaptation, government assistance, and the availability of skilled labor. The Asia Pacific market was worth USD 242.0 million in 2020, and it is expected to gain a significant share of the industry in the coming years. The increased adoption of various shaped packs and innovative packaging is also expected to promote the growth of hot runners in the packaging market. Higher plastics production and the expansion of manufacturing facilities in Europe are likely to boost the use of hot runner packaging. This component has the potential to boost growth.

Stucco Market research report offers:

  • The Stucco market research contains a wealth of information, including market dynamics, scenarios, and prospects for the projection period.
  • Quantitative, qualitative, value (USD Million), and volume (Units Million) statistics are included in segments and sub-segments.
  • Data at the regional, sub-regional, and country levels contain demand and supply dynamics, as well as their impact on the Stucco market.
  • Competitive landscape has been included with a share of significant companies, new advances, and tactics.
  • Important financial information, latest advancements, SWOT analysis, and strategies of the Stucco market players.

Request for Free Sample Pages:https://www.stellarmr.com/report/req_sample/Stucco-Market/1087 

About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

Contact Stellar Market Research

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,

Pinnac Memories Fl. No. 3, Kothrud,

Pune, Maharashtra, 411029

sales@stellarmr.com

+91 20 6630 3320    +91 9607365656

About stellar Market Research Pvt. Ltd

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.

Contact Information

stellar Market Research Pvt. Ltd

S.no.8, h.no. 4-8 Pl.7/4, Kothrud, Pinnac Memories Fl. No. 3
Kothrud, Pune, Pune, Maharashtra, 411029
411041
India
Phone : 9607365656
View website

Published in

Cosmetics , Business

Published on

Mar 13, 2023

Social Links

PRnob Facebook Page Twitter page of PRnob.com LinkedIn page of PRnob.com