The global Exterior Insulation and Finish System (EIFS) market, which was estimated at 62.09 (USD Billion) in 2019 and is anticipated to hit 123.79 (USD Billion) by 2026, is set to record a CAGR of nearly 12.31% over 2020-2026. The report offers valuation and analysis of Exterior Insulation and Finish System (EIFS) market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).
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Exterior insulation and finish system is a collection of non-load bearing wall cladding systems providing exterior part of walls with water-resisting, decorative, insulated, and finished surface. In addition to this, these systems were used on masonry constructions in North America and Europe during 1960s. Even recently, these EIFS systems are used on houses, grocery stores, apartments, office parks, government buildings, commercial units, and condominiums. These systems provide strong insulation to the wall exterior by Insulation Material plaster like covering. Most of these systems offer protection to the structures from water penetration. They are produced from lightweight as well as synthetic materials.
The following are the contents of our free sample report:
● The new research for 2021 includes an introduction, overview, and in-depth industry analysis.
● The package includes the COVID-19 Pandemic Outbreak Impact Analysis.
● Research Report (about 230 pages) (Including Recent Research)
● On Request, provide extensive chapter-by-chapter assistance.
● Updated Regional Analysis for the Year 2021 with Graphical Representation of Size, Share, and Trends
● Includes The data and tables have been updated.
● The most recent version of the study provides an analysis of the top market players’ business strategies, sales volume, and revenue.
Major Market Players
• Lafargeholcim Ltd
• RMAX
• Saint-Gobain Weber
• Dryvit Systems, Inc
• Aliva UK Ltd
• Sto Corp
• BASF Corporation
• Parex USA, Inc
• The Dow Chemical Company
COVID-19 Impact on the Exterior Insulation and Finish System (EIFS) Market
The rise of the Exterior Insulation and Finish System (EIFS) industry was aided by an increase in worldwide R&D spending; nevertheless, the present COVID-19 epidemic and economic recession have impacted the total market statistics of various sectors around the world. This is also true in the private tuition industry. It has strengthened the industry of private teaching all over the world.
Factors Affecting the Global Exterior Insulation and Finish System (EIFS) Market
The global Exterior Insulation and Finish System (EIFS) market is predicted to be driven by factors such as increased literacy awareness and increased desire for lifelong education, to mention a few. Furthermore, the growing relevance of specific topics such as mathematics and sciences as career building blocks, combined with tailored learning techniques, is likely to boost the global Exterior Insulation and Finish System (EIFS) market’s footprint during the forecast period. Furthermore, the current pandemic has resulted in social distancing rules as well as lockdown measures, which are projected to create new revenue potential for the online-based Exterior Insulation and Finish System (EIFS) market over the forecast period.
The global Exterior Insulation and Finish System (EIFS) market is divided into the following categories:
Global Exterior Insulation and Finish System (EIFS) Market: By Type Segment Analysis
● PB (Polymer-based)
● PM (Polymer-modified)
Global Exterior Insulation and Finish System (EIFS) Market: By Application Segment Analysis
● Residential
● Non-residential
Primary Research Key Findings
● According to our research team’s estimate, the Exterior Insulation and Finish System (EIFS) market is predicted to grow at a CAGR of 9.2 percent annually from 2023 to 2030.
● According to primary research, the Exterior Insulation and Finish System (EIFS) industry was worth roughly USD 92.45 billion in 2020 and would be worth around USD 174.65 billion by 2030.
● Geographically, the “Asia Pacific” region is predicted to have the highest CAGR over the forecast period (2023-2030).
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