Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.58 Billion | USD 6.28 Billion | 16.6% | 2023 |
According to a report from Zion Market Research, the global Stucco Market was valued at USD 1.58 Billion in 2023 and is projected to hit USD 6.28 Billion by 2032, with a compound annual growth rate (CAGR) of 16.6% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Stucco industry over the next decade.
The report covers in-depth analysis of the strategies adopted by major competitors in the global Stucco market. To understand the competitive landscape in the global Stucco market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the global Stucco market based on Type, Base, Material, End-Use, and Region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2024 to 2032.
The low costs of stucco compared to other plasters and its high tensile strength and durability are likely to increase its further use for residential construction. This factor is anticipated to majorly help the Stucco market growth. Additionally, the high strength, long-lasting durability, fire-retardant, and moisture resistance properties of stucoo will further increase its demand across the globe. The increasing advancements taking place in the residential and non-residential construction sector will also help propel market growth. Furthermore, the new construction and renovation of the older construction along with the increasing demand for more house units are other factors projected to bolster the growth of the global Stucco market. Other factors such as the huge investments in the non-residential sector, cheap labor availability, less stringent safety and environmental standards, etc. will further supplement the setup of production facilities and in turn, help the market grow.
The study provides a decisive view of the stucco market by segmenting the market by type, by material, by base, by end-use and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Based on type, the global Stucco market is segmented into Traditional and Insulated.
On the basis of material, the market is divided into Cement, Aggregates, Admixture, Plasticizers, Reinforcement, Bonding Agent, and Others.
In terms of the base, the market for stucoo is sectored into Concrete, Masonry, Tile, and Others. By end-use, the industry is segregated into Residential and Non-Residential.
The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Report Attributes | Report Details |
---|---|
Report Name | Stucco Market |
Market Size in 2023 | USD 1.58 Billion |
Market Forecast in 2032 | USD 6.28 Billion |
Growth Rate | CAGR of 16.6% |
Number of Pages | 110 |
Key Companies Covered | Dryvit Systems Inc., Sika AG, Cemex, Omega Products International, BASF SE, The Quikrete Companies, Western Blended Products, Sto Group, E. I DuPont DE Nemours, and California Stucco Products Corp |
Segments Covered | By Type, By Material, By Base, By End-Use And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Some of the key players of the global Stucco market include:
Global Stucco Market: By Type Segmentation Analysis
Global Stucco Market: By Base Segmentation Analysis
Global Stucco Market: By Material Segmentation Analysis
Global Stucco Market: By End-Use Segmentation Analysis
Global Stucco Market: By Regional Segmentation Analysis
FrequentlyAsked Questions
The global Stucco Market accounted for USD 1.58 Billion in 2023 and is expected to reach USD 6.28 Billion by 2032.
The CAGR value of the Stucco Market is expected to be around 16.6% during 2024-2032.
Some key players of the global Stucco Market are Dryvit Systems Inc., Sika AG, Cemex, Omega Products International, BASF SE, The Quikrete Companies, Western Blended Products, Sto Group, E. I DuPont DE Nemours, and California Stucco Products Corp.
The low costs of stucco compared to other plasters and its high tensile strength and durability are likely to increase its further use for residential construction. This factor is anticipated to majorly help the Stucco market growth. Additionally, the high strength, long-lasting durability, fire-retardant, and moisture resistance properties of stucoo will further increase its demand across the globe. The increasing advancements taking place in the residential and non-residential construction sector will also help propel market growth.
The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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