STUCCO Market: 4.87% CAGR Expected
Evolve Business Intelligence has published a research report on the Global STUCCO Market, 2024–2034. The global STUCCO Market is projected to exhibit a CAGR of around 4.87% during the forecast period of 2024 to 2034.
Evolve Business Intelligence has recognized the following companies as the key players in the global STUCCO Market: BASF, RPM International, Sika, Fosroc International Ltd., Mapei, GCP Applied Technologies, GE, CEMEX S.A.B. de C.V, Heidelberg and THE DOW CHEMICAL COMPANY.
More Information: https://evolvebi.com/report/stucco-market-analysis/
Market Highlights
The Global STUCCO Market is projected to be valued at USD 19.66 Billion by 2034, recording a CAGR of around 4.87% during the forecast period. The stucco market refers to the global industry involved in the production, distribution, and application of stucco, a popular building material used for exterior walls and finishes. Stucco is a plaster composed of a mixture of cement, sand, and lime, often with additives to enhance its properties or color.
The stucco market is a dynamic and growing industry that plays a vital role in the construction sector. Its durability, versatility, and aesthetic appeal make it a popular choice for building exteriors worldwide. It’s driven by factors such as urbanization, economic development, and the increasing preference for durable and aesthetically pleasing building materials.
Segmental Analysis
The global STUCCO Market has been segmented based on Construction Activity, Product, Insulation Type and End Use.
Based on Construction Activity, the STUCCO Market is segmented into New and Renovation. The New segment is anticipated to dominate the market.
Based on Product, the global STUCCO Market has been divided into Traditional Three-coat Stucco, Exterior insulating & Finish Systems and Newer-one Coat Stucco. The Traditional Three-coat Stucco segment is anticipated to dominate the market.
Based on Insulation Type, the global STUCCO Market has been divided into Insulated Siding and Non-insulated Siding. The Insulated Siding segment is anticipated to dominate the market.
Based on End Use, the global STUCCO Market has been divided into Residential and Non-Residential. The Non-Residential segment is anticipated to dominate the market.
More Information: https://evolvebi.com/report/stucco-market-analysis/
Regional Analysis
The STUCCO Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. The largest market for stucco in North America, driven by a strong construction industry and a preference for stucco as a durable and aesthetically pleasing exterior finish and the Canadian stucco market is also significant, with demand driven by residential and commercial construction projects. In Europe region, Countries such as Germany, France, and the United Kingdom have well-established stucco markets, with a focus on traditional three-coat stucco and EIFS and the stucco market in Eastern Europe is growing, driven by economic development and modernization efforts. The largest stucco market in Asia-Pacific, driven by rapid urbanization and a growing construction industry and the Indian stucco market is also experiencing significant growth, with demand driven by both residential and commercial construction. The largest stucco market in Latin America, driven by a growing population and economic development and the Mexican stucco market is also significant, with demand driven by both new construction and renovations. In Middle East and Africa region, the UAE has a relatively large stucco market, driven by luxury construction projects and a focus on high-quality finishes and the Saudi Arabian stucco market is also growing, driven by economic development and infrastructure projects.
