Exterior Insulation and Finishing System (EIFS) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Report Code: ZMR-3847 | Report Format : | Status : Upcoming |

Abstract

Global Exterior Insulation and Finishing System (EIFS) Market: Overview

Exterior Insulation and Finishing System (EIFS) is an insulating, decorative, and protective finish system for exterior walls that can be installed on any type of construction. It is the only exterior wall covering that insulates and provides weather protection in a selection of shapes, colors, and textures that can replicate almost any architectural style or finish material, or stand by itself as an architectural finish. EIFS is wall cladding that utilizes stiff insulation boards on the outside of a wall and a plaster-like exterior covering. EIFS employs organic polymeric finishes reinforced with glass mesh. EIFS can be effective for both new construction and recladding applications, as an energy-efficient and economical wall covering.

Global Exterior Insulation and Finishing System (EIFS) Market: Growth Factors

The current global trend of minimizing greenhouse gas emissions across most of the countries across the globe will spur the Exterior Insulation and Finishing System (EIFS) market earnings in the near future. In addition, massive need to save energy is likely to create greater product demand among the middle-income group population across the globe, thereby driving the Exterior Insulation and Finishing System (EIFS) market trends.  Furthermore, the Exterior Insulation and Finishing Systems cost less than traditional insulation materials and do not encroach upon the interior area, as it is fitted outside. This, in turn, will catapult the growth of the business space/ business sphere in the years ahead. Massive need for making building energy efficient will further drive the growth of Exterior Insulation and Finishing System (EIFS) market in the forthcoming years.

However, the availability of green insulation material known as hempcrete acts as a restraint for the growth of the Exterior Insulation and Finishing System (EIFS) market.

Global Exterior Insulation and Finishing System (EIFS) Market: Segmentation

The global Exterior Insulation and Finishing System (EIFS) market can be classified based on the Product Type, Insulation Material, Component, and end-use industry. On the basis of product type, the market is sectored into polymer-based and polymer-modified. Based on insulation material, the Exterior Insulation and Finishing System (EIFS) market are classified into mineral wood, expanded polystyrene, and others. Component wise, the market is divided into adhesive, insulation board, base coat, reinforcement, and finish coat. Based on the end-use industry, the market is segmented into residential and non-residential sectors.

Global Exterior Insulation and Finishing System (EIFS) Market: Regional Analysis

Based on regions, the global Exterior Insulation and Finishing System (EIFS) market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. 

Europe is projected to have the largest market share and dominate the Exterior Insulation and Finishing System (EIFS) market. This region offers potential growth opportunities with countries such as Italy and Poland projected to be emerging markets for thermal insulation products such as EIFS. The growth of the Exterior Insulation and Finishing System (EIFS) market in this region is propelled by factors such as the growth of both residential and non-residential construction and increasing demand for thermal insulation. Also, the growing population and economic development are other factors driving the EIFS market. However, the availability of green insulation materials can put brakes on the accelerated growth of the market to some extent.

The markets in MEA and the Asia Pacific will witness a relatively slower growth as compared to the markets in Europe and North America.

Global Exterior Insulation and Finishing System (EIFS) Market: Competitive Players

The Exterior Insulation and Finishing System (EIFS) market is dominated by key players such as   BASF (Germany), Saint-Gobain (France), Wacker Chemie AG (Germany), Sto SE & Co KGaA (Germany), Owen Corning (U.S.), Dryvit Systems Inc. (U.S.), Master Wall, Inc. (U.S.), Parex USA, Inc. (U.S.), and Rmax (U.S.). Other companies include Durabond Products Limited (Canada), Durock Alfacinf international (Canada), Adex Systems (Canada), Omega Products International (U.S.), and Terraco Group (UK).

Global Exterior Insulation and Finishing System (EIFS) Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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