PUNE, India, July 18, 2024 /PRNewswire/ -- A mixture of
aggregates, a binder, and water is used to make stucco, also known
as render. When stucco is placed wet, it solidifies into a highly
dense material. As property owners and developers are seeking
long-lasting solutions for building exteriors, Stucco has emerged
as a preferred choice due to its robustness and ability to
withstand harsh weather conditions. Technological developments in
the production process are improving the consistency and quality of
stucco, making it a more dependable and long-lasting material that
meets the demanding specifications for modern building
projects.
Stellar Market Research, a global Chemical & Material Market
research firm has published a competitive intelligence and market
research report on the "Stucco Market". The Stucco Market size was
valued at USD 24.06 Bn in 2023 and
the total Stucco revenue is expected to grow at a CAGR of 4.5
percent from 2024 to 2030, reaching nearly USD 32.75 Bn by 2030.
The research report from Stellar Market Research offers vital
insights into the dynamic Stucco Market landscape. Focused
primarily on key players, market segments, business strategies,
production complexities, and pricing structures, the report
provides a user-friendly and thorough comprehension of market
dynamics and pivotal factors shaping industry growth. It
methodically examines driving and restraining factors, market
trends, costs, shares, supply and demand dynamics, and product
analyses. The Stucco market report undergoes rigorous analysis
utilizing analytical backgrounds such as SWOT and PESTLE analysis
to reveal deeper insights into market dynamics and prospects.
Market Size in
2023
|
USD 24.06
Bn.
|
Market Size in
2030
|
USD 32.75
Bn.
|
CAGR
|
4.5 percent
(2024-2030)
|
Forecast
Period
|
2024-2030
|
Base
Year
|
2023
|
Number of
Pages
|
278
|
No. of
Tables
|
118
|
No. of Charts and
Figures
|
110
|
Segment
Covered
|
By Material, Type, and
End User
|
Regional
Scope
|
North America, Europe,
Asia Pacific, Middle East and Africa, South America
|
Report
Coverage
|
Market Share, Size
& Forecast by Revenue | 2024−2030, Market Dynamics, Growth
Drivers, Restraints, Investment Opportunities, and Key Trends,
Competitive Landscape, Key Players Benchmarking, Competitive
Analysis, MMR Competition Matrix, Competitive Leadership Mapping,
Global Key Players' Market Ranking Analysis.
|
Get your Sample
PDF:https://www.stellarmr.com/report/req_sample/Stucco-Market/1087
What's New: Recent Additions and Updates
- Comparative analysis of stucco vs. other exterior finishes like
brick, vinyl, and fiber cement in terms of initial investment,
lifecycle costs, and ROI.
- The stucco supply chain overview includes key raw material
suppliers, distributors, and manufacturers.
- Analysis of logistical challenges such as transportation costs,
raw material availability, and import/export regulations
- Potential challenges and risks, such as economic downturns,
regulatory changes, and shifts in consumer preferences, along with
mitigation strategies.
- Analysis of sectors like hospitality, education, and retail
where stucco is extensively used for both new constructions and
renovations.
Key Player Offerings
- LaHabra, a leading stucco manufacturer, recently introduced NTS
(New Technology Stucco), which is the latest in their line of
quality stucco products. NTS continues LaHabra's tradition of
innovation and manufacturing excellence in the stucco market
- To strengthen Foundation Building Materials (FBM)'s position in
the construction materials market by integrating the expertise and
customer base of Stucco Master Supply, FBM acquired Stucco Master
Supply, LLC.
- To add plaster and concrete products to its portfolio,
complementing its existing range of building materials like
roofing, stucco, and hardscapes RWC Building Products acquired New
Mexico Plaster and Supply.
Stucco Market Regional Analysis
A combination of robust economic conditions, a high volume of
construction activity, and the material's long-lasting beauty have
made the US stucco market one of the largest in North America. As stucco is an attractive
exterior finish material that is weather-resistant and
energy-efficient, the U.S. housing market, which sees an average of
1.2 million new houses built each year drives up demand for the
material. Additionally, the nation's well-established supply chain
ensures a constant supply of quality stucco materials, including
major companies like California Stucco Materials Corporation, Omega
Products International, and BASF SE. Stucco is becoming a
popular material for both new construction and restorations as the
UK construction industry experiences an upsurge. For builders and
homeowners, stucco is a cost-effective option because its typical
production costs in the UK are about £15 per square meter. With
over 40% of the population living in urban areas and a 5.5% annual
growth rate in buildings, the China stucco market has been growing as a
result of urbanization and infrastructural development. In the
India stucco market, there is a
growing awareness and adoption of sustainable building practices
further influencing the industrial trends in the stucco market. The
construction industry in India has
enormous potential, especially with government programs like the
"Housing for All" project, which aims to create affordable houses.
Innovative building technology and sustainable construction methods
support Japan stucco market. Prominent companies like
AkzoNobel, Sika AG, and Nippon Paint Holdings have grown their
presence in the region with the help of a strong supply chain and
rising raw material imports. This growing trend makes the Asia
Pacific Stucco Market attractive for growth.
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Report:https://www.stellarmr.com/report/req_sample/Stucco-Market/1087
Cement Stucco as Cost-Effective Durability in
Construction
Preferred for both residential and commercial construction
projects, cement stucco is well-known for its durability
and adaptability. The low cost of manufacture in comparison to
alternative materials enables this large production volume. For
large-scale projects, cement-based stucco is a cost-effective
option because its production costs range from $50 to $75 per
metric ton. In addition, the cost of labor and installation for
installing cement stucco is competitive, when compared to
other exterior treatments. As it requires less care and is
long-lasting, cement-based stucco has a good return on investment.
In comparison to other materials, the average cement stucco finish
has a 50–80-year lifespan and can save up to 60% on long-term
maintenance expenses. Cement stucco performs better since it
withstands a wider range of weather, from intense heat to heavy
rainfall. It offers better thermal insulation, resulting in up to
30% energy savings on heating and cooling costs. Building
performance is very important in areas with harsh weather and this
energy efficiency is especially important in these regions.
By Type
By End User
- Residential
- Non-Residential
Stucco Market's Key Players include
- The QUIKRETE Companies
- Sika AG
- Cemex S.A.B. de C.V.
- BASF SE
- DuPont DE Nemours
- Others
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Key questions answered in the Stucco Market are:
- What is a Stucco?
- What is the current growth rate of the Stucco Market?
- Who are the key players in the Stucco Market?
- What are the factors affecting growth in the Stucco
Market?
- Who held the largest market share in the Stucco Market?
- What is the demand pattern for the Stucco Market?
- What are the key trends in the Stucco Market?
- What are the strategies used by competitors in the Stucco
Market?
- What are the growth prospects in developing countries for the
Stucco Market?
- Which segment is expected to witness the fastest growth and why
in the Stucco Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment |
2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities,
and Key Trends by Region
- Market Segmentation – A detailed analysis by Material, Type,
End User, and Region
- Competitive Landscape – Profiles of selected key players by
region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers,
Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER's analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Stellar Market Research a leading Chemical & Material
research firm, has also published the following reports:
Earthen Plasters Market: The market was valued at
USD 94.95 million in 2023. Global
Earthen Plasters Market size is estimated to grow at a CAGR of 3%
over the forecast period.
Concrete admixtures market: The market was
valued at USD 25.20 Bn. in 2023. The
Global Concrete admixtures market is estimated to grow at a CAGR of
9% and is expected to reach USD 46.06
Bn. during the forecast period.
Concrete Mixer Market: The market was valued at
nearly US$ 6.89 Bn. in 2023. Concrete
Mixer Market size is estimated to grow at a CAGR of 3.56% & is
expected to reach US$ 8.81 Bn. by
2030.
Hollow Concrete Blocks Market: The market size was
valued at USD 260.24 Billion in 2023
and the total Hollow Concrete Blocks Market is expected to reach
USD 373.58 Billion by 2030 with a
CAGR of 5.3% from 2024 to 2030.
Decorative Concrete Market: The market size was at
USD 18.34 Bn. in 2023, and the total
market is expected to grow at 6.2% from 2024 to 2030, reaching
nearly USD 27.94 Bn. by 2030.
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and
consulting company with professionals from several industries. Some
industries we cover include medical devices, pharmaceutical
manufacturers, science and engineering, electronic components,
industrial equipment, technology and communication, cars and
automobiles, chemical products and substances, general merchandise,
beverages, personal care, and automated systems.
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