Global Markets for Stucco, Forecast to 2027 - Traditional Three-Coat Stucco Market to Reach US$4 Billion by 2027
DUBLIN, Sept. 11, 2020 /PRNewswire/ -- The "Stucco - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
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We bring years of research experience to this 9th edition of our report. The 272-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Global Stucco Market to Reach $13.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Stucco estimated at US$10.7 Billion in the year 2020, is projected to reach a revised size of US$13.5 Billion by 2027, growing at a CAGR of 3.4% over the period 2020-2027.
Traditional Three-Coat Stucco, one of the segments analyzed in the report, is projected to record 3% CAGR and reach US$4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Newer One-Coat Stucco segment is readjusted to a revised 3.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 6.1% CAGR
The Stucco market in the U.S. is estimated at US$2.9 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.
Competitors identified in this market include, among others:
-- Arcat, Inc. -- BASF SE -- California Stucco Products Corporation -- CertainTeed Corporation -- DowDuPont, Inc. -- Merlex Stucco -- Omega Products International -- Parex USA, Inc.
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
-- Global Competitor Market Shares -- Stucco Competitor Market Share Scenario Worldwide (in %): 2019 & 2025 -- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
-- Total Companies Profiled: 41
For more information about this report visit https://www.researchandmarkets.com/r/vhgbob
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SOURCE Research and Markets