Description:Exterior insulation and finishing system (EIFS)is also known as “synthetic stucco” because of its visual resemblanceto this more traditional constructional material.The term EIFS incorporates the two main components of this covering system insulation that is attached to the exterior of the... moreExterior insulation and finishing system (EIFS)is also known as “synthetic stucco” because of its visual resemblanceto this more traditional constructional material.The term EIFS incorporates the two main components of this covering system insulation that is attached to the exterior of the building and a finishing system is that is applied afterward.EIFS is an exterior covering for residential, commercial and institutional structures of all types and sizes in all parts of the United States.
The global exterior insulation and finishing system (EIFS) market growth is attributed to rising constructional activities, government initiatives to reduce greenhouse gases, and key player’s investments for the development of eco-friendly products. The EPIS has wide range of applications in constructions as it provides a wide range of design options including shape, color and texture. The EIFS have many advantages over masonry in traditional masonry over time water can penetrate the interior can cause damage this led to increasing demand from office buildings, restaurants, supermarkets, homes and strips malls. However, factors such as alternative such as green insulation materials may restrain the market growth.
The global Exterior Insulation and Finish System (EIFS) market is anticipated to hit xxUS$XX million by 2027. The market is showing Northward direction during the coming years and it is anticipated to set a record a CAGR of xx% during the forecast period. The report covers the in-depth analysis of market key players with their market share, primary and secondary forecast data analysis to 2027. The global Exterior Insulation and Finishing System (EIFS) market is growing in developing economies because of favorable government policies and market penetration of manufacturers, dealers, and suppliers of Exterior Insulation and Finishing System (EIFS). The rationals behind the Covid-19 impact on various regions are mentioned in the report.
Global Exterior Insulation and Finishing System (EIFS) Market Segment Analysis
Global Exterior Insulation and Finishing System (EIFS) Market
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The EPS (expanded polystyrene) industry holds the largest market share of xx% in 2019 and is growing at a CAGR of xx% during the forecast period.
By insulation material, the EPS (expanded polystyrene) is anticipated to grow with a CAGR of xx% during the forecast period. The properties such as high insulation value, low cost and weight, high comprehensive strength and good resistance to water. These properties ofEPS (expanded polystyrene) have increased its demand in wide variety of applications such as external walls insulations, flat roof insulation, external façade insulation and floor insulations.
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Global Exterior Insulation and Finishing System (EIFS) Market Regional Insights:
Global Exterior Insulation and Finishing System (EIFS) Market1
Middle East & Africa is set to witness modest growth during the forecast period
The Middle East & Africa EIFS market is anticipated to be the fastest growing market with a CAGR of xx% during the forecast period. Key players are targeting this region as there is a availability of low labour cost, government favorable policies towards safety, environment, health and low exchange rates. Rising disposable income and increasing constructions activities in residential and commercial sectors has made this region as an emerging destinations for the key players operating in this market.
Europe is growth with a market share of xx% by 2019-2027
The market in Europe is expected to grow with a CAGR of xx% during the forecast period. The EU economy contributes 9% of the EU’s GDP besides, the goal of the European Commission is to help the construction sector more competitive, resource efficient and sustainable this contributed the EIFS market growth.
The EU Commission to improve design, construction, demolition and recycling of construction products, as well as simplify data in the use of resources to reduce waste have created many lucrative opportunities for the EIFS market
The objective of the report is to present a comprehensive analysis of the global Exterior Insulation and Finishing System (EIFS) market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the... less
