Aug 16, 2018   SOURCE: BusinessWire

$100+ Billion Exterior Insulation and Finish System (EIFS) Market - Global Forecast to 2023 - ResearchAndMarkets.com

The "Exterior Insulation and Finish System (EIFS) Market by Product Type (PB, PM), Insulation Material (EPS, MW), Component (Adhesive, Insulation Board, Base Coat, Reinforcement, Finish coat), End-Use Industry, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The exterior insulation and finish system (EIFS) market size is projected to grow from USD 60.68 billion in 2018 to USD 108.11 billion by 2023, at a CAGR of 12.24%.

The EIFS market is driven by factors such as the rising demand from residential and non-residential construction for thermal insulation. Stringent regulations to reduce greenhouse gas emission and presence of stringent building energy codes are factors driving the EIFS market. However, the EIFS market is threatened by the availability of green insulation materials.

EPS insulating material accounted for a larger share in 2018. The growth and high demand for EPS in EIFS can be attributed to the fact that EPS foam has high compressive strength, low weight and cost, high insulation value, and relatively good resistance to water. Therefore, it is used for a variety of applications, such as external facade insulation, external walls insulation, sandwich panels, flat roof insulation, floor insulation, and others.

The Middle East & Africa is projected to be the fastest-growing market during the forecast period. The global players, to improve their presence in this region, have started expanding their businesses, particularly in Africa, due to the availability of cheap labor, low exchange rates, and lenient environmental, health, and safety laws.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 EIFS Market, By Type

7 EIFS Market, By Insulation Material

8 EIFS Market, By Component

9 EIFS Market, By End-Use Industry

10 Regional Analysis

11 Competitive Landscape

12 Company Profiles

  • Adex Systems Inc.
  • BASF
  • Dryvit Systems Inc
  • Durabond Products Ltd
  • Durock Alfacing International Limited
  • Master Wall Inc
  • Omega Products International
  • Owens Corning
  • Parex USA, Inc.
  • Rmax
  • Saint-Gobain
  • SFS Group Ag.
  • STO SE & Co KGaA
  • Terraco Group
  • Wacker Chemie AG

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