North America Exterior Insulated Finishing System (EIFS) Market, By Type (Polymer Based (PB), Polymer Modified (PM)), System (Alpha System, Polar System, Perma System), Component (Adhesive, Insulation Boards, Mechanical Fasteners, System Profiles and Accessories, Basecoats, Glass Fiber Mesh, Primers, Decorative Finish Coats, Others), Building Type (Residential New, Residential Renovation, Commercial New, Commercial Renovation), Application (Wall, Pitched Roof, Flat Roof, Floor), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2027
Market Analysis and Insights: North America Exterior Insulated Finishing System (EIFS) Market
Exterior insulated finishing system (EIFS) market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 2.1% in the forecast period of 2020 to 2027and expected to reach USD 922,647.92 thousand by 2027. Increasing rule and regulations regarding the non-biodegradable is a factor responsible for the market growth.
U.S. is dominating in the region due to increase emission of greenhouse gases by commercial and residential buildings. Increasing stringent rules regarding the building code in the region will boost the North America - exterior insulated finishing system (EIFS) market.
This exterior insulated finishing system (EIFS) market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America - Exterior Insulated Finishing system (EIFS) Market Scope and Market Size
North America - exterior insulated finishing system (EIFS) market is segmented of the basis of type, system, component, building type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the North America - exterior insulated finishing system (EIFS) market is segmented into drawstring polymer based (PB) and polymer modified (PM). Polymer based (PB) is dominating the North America - exterior insulated finishing system (EIFS) market as polymer based (PB) include component which attract to exterior walls of commercial and residential building.
- On the basis of system, the North America - exterior insulated finishing system (EIFS) market is segmented into alpha system, polar system and perma system. Alpha system is dominating in North America - exterior insulated finishing system (EIFS) market as system contains expanded polystyrene (EPS) which makes it cost effective and high in demand.
- On the basis of component, the North America - exterior insulated finishing system (EIFS) market is segmented into adhesive, insulation boards, mechanical fasteners, system profiles and accessories, basecoats, glass fiber mesh, primers, decorative finish coats and others. Insulation boards is dominating in North America - exterior insulated finishing system (EIFS) market as insulation boards are the primary component to EIFS systems due to which demand is more in the region.
- On the basis of processing building type, the North America - exterior insulated finishing system (EIFS) market is segmented into residential new, residential renovation, commercial new and commercial renovation. Commercial new is dominating in North America - exterior insulated finishing system (EIFS) market due to increasing working population in the region which thereby increases the demand for the new commercials.
- On the basis of application, the North America - exterior insulated finishing system (EIFS) market is segmented into wall, pitched roof, flat roof and floor. Wall is dominating the North America - exterior insulated finishing system (EIFS) market as wall contains maximum area in the building due to which wall EIFS demand is more in the region.
Exterior Insulated Finishing System (EIFS) Market Country Level Analysis
North America - exterior insulated finishing system (EIFS) market is analysed and market size information is provided by country, type, system, component, building type and application as referenced above.
The countries covered in the exterior insulated finishing system (EIFS) market report are U.S., Canada and Mexico in North America.
Exterior Insulated Finishing system (EIFS) market is dominant in the U.S. due to increasing demand for commercial building and residential in area. The market is showing prevalence in Canada due to increasing construction of residential homes from wood. The market has shown growth in Mexico due to increasing rules regarding the control of greenhouses gages in the country.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Exterior Insulated Finishing System (EIFS) industry
North America Exterior Insulated Finishing system (EIFS) market also provides you with detailed market analysis for every country growth in installed base of different kind of products for Exterior Insulated Finishing system (EIFS) market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the Exterior Insulated Finishing system (EIFS) market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Exterior Insulated Finishing System (EIFS) Market Share Analysis
North America - exterior insulated finishing system (EIFS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America- Exterior Insulated Finishing system (EIFS) market.
For instance,
- In October 2019, Sika AG company have decided to launched new product named EPD NOW TECHNOLOGY which control the carbon emissions from the commercial building. The development helps the company to increase its product portfolio which will increase the revenue in near future.
- In October 2019, BASF SE company have launched the new product which named new masonry veneer systems for exterior building cladding. This development will help to meet the increasing demand in market and generate revenue in future.
The major players covered in the North America - exterior insulated finishing system (EIFS) market report are DUROCK ALFACING INTERNATIONAL LIMITED, BASF SE, Sika AG, Masterwall, Owens Corning, 3M, Saint-Gobain, Durabond Products Limited, Omega Products International., Wacker Chemie AG, Parex USA, Inc., Dryvit Systems, Inc., Sto Corp., Terraco Holdings Limited and DuPONT among other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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