Stucco Market: Global Industry Research Report 2020-2027 | Envisage Research

Stucco Market - By Product (Traditional Three-Coat Stucco, Exterior Insulating & Finish Systems, And Newer-One Coat Stucco), By Insulation Product (Insulated Siding And Non-Insulated Siding), By End Use (Residential And Non-Residential), And Region (North America, Asia Pacific, Europe, Middle East & Africa and Latin America) - Industry Analysis, opportunity and Forecast 2020 To 2027

Published Date: May 2021

No. of Pages: 185

Status: Published

Report Code: EMR100657

The global stucco market was valued at USD 10.7 billion in 2020, and is projected to reach USD 15.3 billion by 2027, growing at a CAGR of 4.5 % from 2020 to 2027.Stucco is a traditional Portland cement plaster and has been in use since long as a time-tested exterior finish. The main ingredients in the stucco plaster are Portland cement-based materials along with sand. These materials are then mixed with water to form a paste or a plaster which is then applied to the exterior of buildings. It is the desirable properties of the Portland cement, which is the preferred modern building material used for the construction of highways, buildings and skyscrapers, which imparts durability and toughness to the stucco plaster. Stucco plaster can be used on either flat or curved surfaces, inside or outside of any building.

Stucco plaster is extremely popular since it imparts a great surface finish, has a relatively low cost and requires less amount of maintenance. The other desirable properties of stucco are that in its hardened state, such kind of plaster is hand, resistant to fire, strong and retains the colour given to it. Another important property of stucco plaster is that since it is breathable or is able to transfer moisture, water that enters the plastered surface doesn’t become trapped. Due to it, the plaster becomes resistant to fungus and rot and can be used in all kinds of climate, wet, hot, dry or cold. It is because of such favourable factors that market for stucco is growing steadily all over the world, and especially in the North America region.

The stucco market growth is driven by the growing urban population and increase in industries. The construction industry accounted for $8.7 trillion in 2013, 10% of the global GDP. The global GDP is expected to grow by an average of 3.5% per year for the next 12 years, construction output will increase by 4.3% per year. Hence, the construction industry is expected to represent a larger share of the global economy by 2022. The global GDP is expected to achieve $83 trillion mark by 2022, and the construction industry can be projected to reach $12.7 trillion by 2022. Thus, with growing construction activities, the demand for stucco is expected to increase, thereby driving the growth of the global market.

The key players operation in the global stucco market includes BASF SE, RPM International Inc., Sika AG, Fosroc International Ltd., MapeiS.p.A., GCP Applied Technologies Inc., General Electric (GE), CEMEX S.A.B. de C.V., and Heidelberg. The market dominance of these companies is characterized by their vast product portfolio of stucco, high investment in R&D activities for stucco, revenue, capital expenditure, employee strength, and geographical presence of companies.

Analyst Commentary

By product, the traditional three-coat stucco segment was the highest contributor to the market. Traditionally, stucco was applied in three coats the scratch coat, the brown coat, and the finish coat. The finish coat contains colour and is applied to get texture form. The exterior insulating & finish systems segment is estimated to grow with the highest CAGR during the forecast period. By insulation product, the insulated siding segment was the highest contributor to the market. Insulated stucco is a plaster-like exterior finish that is popular as a siding material. It is tough, durable, and offers superior thermal insulation with added benefit of reduced energy costs. The non-insulated siding segment is estimated to grow with the highest CAGR during the forecast period. By end use, the residential segment was the highest contributor to the market. Stucco is used for residential construction to offer long-lasting finish and decorative structure. With growing residential construction, the demand for stucco is expected to increase significantly. The non-residential segment is estimated to grow with the highest CAGR during the forecast period.

Segmentation

The global stucco market is segmented into product, insulation product, end use, and region. By product, it is segregated into traditional three-coat stucco, exterior insulating & finish systems, and newer-one coat stucco. As per insulation product, the market is fragmented into insulated siding and non-insulated siding. According to end use, the market is bifurcated into residential and non-residential.

Regional Analysis

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor in the global stucco market size. Asia-Pacific stucco market is studied across China, Japan, India, and rest of Asia-Pacific. The unremitting growth of urban population and demand for improved infrastructure are expected to drive the growth of the market.

The market in North America is set to dominate the global stucco market in terms of value and this trend is projected to sustain itself throughout the period of assessment. North America stucco market is the most attractive market, growing at a robust CAGR during the assessment period.

The Asia Pacific region is projected to lead the stucco market, in terms of both value and volume, from 2020 to 2025. The development in the construction industry in emerging countries such as India and China are expected to boost the demand for stucco in the market. Furthermore, Asia Pacific is the hub of foreign investment and booming industrial sectors, largely due to the low-cost labour and cheap availability of lands. This, in turn, increases the growth of construction activities, which boosts the demand for stucco in the region.

TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data Sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary data mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Engine Powered of Suppliers
3.7.2. Bargaining Engine Powered of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On Medical Plastics Market
Chapter 5. Global Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
5.1. Global Medical Plastics Market Share, By Application, 2015 - 2027 (USD Billion)
5.1.1. Medical Device Packaging
5.1.1.1. Market Size and Projections, 2015 - 2027 (USD Billion)
5.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Billion)
5.1.2. Medical Components
5.1.2.1. Market Size and Projections, 2015 - 2027 (USD Billion)
5.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Billion)
5.1.3. Orthopedic Implant Packaging
5.1.3.1. Market Size and Projections, 2015 - 2027 (USD Billion)
5.1.3.2. Market Size and Projections, by Region, 2015 - 2027 (USD Billion)
5.1.4. Others
5.1.4.1. Market Size and Projections, 2015 - 2027 (USD Billion)
5.1.4.2. Market Size and Projections, by Region, 2015 - 2027 (USD Billion)
Chapter 6. Global Medical Plastics Market Overview, By Geography, 2015 - 2027 (USD Billion)
6.1. Global Medical Plastics Market Share, By Geography, 2015 - 2027 (USD Billion)
6.1.1. Market Size and projections, by Countries, 2015 - 2027 (USD Billion)
6.1.2. Market Share and CAGR Comparison, by Countries, 2020 & 2027 (%)
Chapter 7. North America Medical Plastics Market Overview, By Countries, 2015 - 2027 (USD Billion)
7.1. North America Medical Plastics Market Overview, 2015 - 2027 (USD Billion)
7.1.1. Market size and projections, 2015 - 2027 (USD Billion)
7.1.2. North America Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
7.1.3. North America Medical Plastics Market Overview, By Countries, 2015 - 2027 (USD Billion)
7.1.3.1. U.S. Medical Plastics Market Overview, 2015 - 2027 (USD Billion)
7.1.3.1.1. Market size and projections, 2015 - 2027 (USD Billion)
7.1.3.1.2. U.S. Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
7.1.3.1.3. Other Segments
7.1.3.2. Canada Medical Plastics Market Overview, 2015 - 2027 (USD Billion)
7.1.3.2.1. Market size and projections, 2015 - 2027 (USD Billion)
7.1.3.2.2. Canada Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
7.1.3.2.3. Other Segments
7.1.3.3. Mexico Medical Plastics Market Overview, 2015 - 2027 (USD Billion)
7.1.3.3.1. Market size and projections, 2015 - 2027 (USD Billion)
7.1.3.3.2. Mexico Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
7.1.3.3.3. Other Segments
Chapter 8. Europe Medical Plastics Market Overview, By Countries, 2015 - 2027 (USD Billion)
8.1. Europe Medical Plastics Market Overview, 2015 - 2027 (USD Billion)
8.1.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.2. Europe Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
8.1.3. Europe Medical Plastics Market Overview, By Countries, 2015 - 2027 (USD Billion)
8.1.3.1. Germany
8.1.3.1.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.3.1.2. Germany Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
8.1.3.1.3. Others Segments
8.1.3.2. France
8.1.3.2.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.3.2.2. France Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
8.1.3.2.3. Others Segments
8.1.3.3. UK
8.1.3.3.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.3.3.2. UK Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
8.1.3.3.3. Others Segments
8.1.3.4. Italy
8.1.3.4.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.3.4.2. Italy Medical Plastics Market Overview, By Application 2015 - 2027 (USD Billion)
8.1.3.4.3. Others Segments
8.1.3.5. Spain
8.1.3.5.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.3.5.2. Spain Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
8.1.3.5.3. Others Segments
8.1.3.6. Rest of Europe
8.1.3.6.1. Market size and projections, 2015 – 2025
8.1.3.6.2. Rest of Europe Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
8.1.3.6.3. Others Segments
Chapter 9. Asia Pacific Medical Plastics Market Overview, By Countries, 2015 - 2027 (USD Billion)
9.1. Asia Pacific Medical Plastics Market Overview, 2015 - 2027 (USD Billion)
9.1.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.2. Asia Pacific Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
9.1.3. Asia Pacific Medical Plastics Market Overview, By Countries, 2015 - 2027 (USD Billion)
9.1.3.1. India
9.1.3.1.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.3.1.2. India Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
9.1.3.1.3. Other Segments
9.1.3.2. China
9.1.3.2.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.3.2.2. China Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
9.1.3.2.3. Other Segments
9.1.3.3. Japan
9.1.3.3.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.3.3.2. Japan Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
9.1.3.3.3. Other Segments
9.1.3.4. South Korea
9.1.3.4.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.3.4.2. South Korea Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
9.1.3.4.3. Other Segments
9.1.3.5. Rest of Asia Pacific
9.1.3.5.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.3.5.2. Rest of Asia Pacific Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
9.1.3.5.3. Other Segments
Chapter 10. Middle East & Africa Medical Plastics Market Overview, By Countries, 2015 - 2027 (USD Billion)
10.1. Middle East & Africa Medical Plastics Market Overview, 2015 - 2027 (USD Billion)
10.1.1. Market size and projections, 2015 - 2027 (USD Billion)
10.1.2. Middle East & Africa Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
10.1.3. Middle East & Africa Medical Plastics Market Overview, By Countries, 2015 - 2027 (USD Billion)
10.1.3.1. GCC
10.1.3.1.1. Market size and projections, 2015 - 2027 (USD Billion)
10.1.3.1.2. GCC Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
10.1.3.1.3. Other Segments
10.1.3.2. South Africa
10.1.3.2.1. Market size and projections, 2015 - 2027 (USD Billion)
10.1.3.2.2. South Africa Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
10.1.3.2.3. Other Segments
10.1.3.3. Rest of Middle East & Africa
10.1.3.3.1. Market size and projections, 2015 - 2027 (USD Billion)
10.1.3.3.2. Rest of Middle East & Africa Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
10.1.3.3.3. Other Segments
Chapter 11. South America Medical Plastics Market Overview, By Countries, 2015 - 2027 (USD Billion)
11.1. South America Medical Plastics Market Overview, 2015 - 2027 (USD Billion)
11.1.1. Market size and projections, 2015 - 2027 (USD Billion)
11.1.2. South America Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
11.1.3. South America Medical Plastics Market Overview, By Countries, 2015- 2026 (USD Billion)
11.1.4. Brazil
11.1.4.1. Market size and projections, 2015 - 2027 (USD Billion)
11.1.4.2. Brazil Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
11.1.4.3. Other Segments
11.1.5. Argentina
11.1.5.1. Market size and projections, 2015 - 2027 (USD Billion)
11.1.5.2. Argentina Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
11.1.5.3. Other Segments
11.1.6. Rest of South America
11.1.6.1. Market size and projections, 2015 – 2027
11.1.6.2. Rest of South America Medical Plastics Market Overview, By Application, 2015 - 2027 (USD Billion)
11.1.6.3. Other Segments
Chapter 12. Competitive Landscape
12.1. Competitive environment, 2020
12.2. Strategic framework
12.2.1. Partnership/agreement
12.2.2. Expansion
12.2.3. Mergers & Acquisitions
12.2.4. New Distribution channel development
Chapter 13. Key Vendor Analysis
13.1. Exxon Mobil Corporation
13.1.1. Company overview
13.1.2. Financial performance
13.1.3. Distribution channel Benchmarking
13.1.4. Recent initiatives
13.1.5. SWOT analysis
13.2. BASF SE
13.2.1. Company overview
13.2.2. Financial performance
13.2.3. Distribution channel Benchmarking
13.2.4. Recent initiatives
13.2.5. SWOT analysis
13.3. DuPont de Nemours, Inc.
13.4. Evonik Industries AG
13.5. CELANESE CORPORATION
Chapter 14. Medical Plastics Market Cost Analysis
14.1. Medical Plastics Market Key Material Type Analysis
14.1.1. Key Material Type
14.1.2. Price Trend of Key Material Type
14.1.3. Key Suppliers of Material Type
14.1.4. Market Concentration Rate of Material Type
Chapter 15. Industrial Chain, Sourcing Strategy and Downstream Buyers
15.1. Medical Plastics Market Industrial Chain Analysis
15.2. Upstream Material Type Sourcing
15.3. Material Type Source of Medical Plastics Market Major Manufacturers in 2021
15.4. Downstream Buyers
Chapter 16. Marketing Strategy Analysis, Distributors/Traders
16.1. Marketing Channel
16.1.1. Direct Marketing
16.1.2. Indirect Marketing
16.1.3. Marketing Channel Development Trend
16.2. Market Positioning
16.2.1. Pricing Strategy
16.2.2. Brand Strategy
16.2.3. Target Compound weighing and dissolution
16.3. Distributors/Traders List
Chapter 17. Market Effect Factors Analysis
17.1. Material Type Progress/Risk
17.1.1. Substitutes Threat
17.1.2. Material Type Progress in Related Distribution channel
17.2. Consumer Needs/Customer Preference Change
17.3. Economic/Political Environmental Change
Chapter 18. Future Outlook of the Market
Disclaimer

List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Engine Powered of Suppliers
5. Engine Powered of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global Medical Plastics Market share, By Application, 2020 & 2027 (%)
10. Global Medical Plastics Market share, by Medical Device Packaging, By Application, 2020 & 2027 (USD Billion)
11. Global Medical Plastics Market share, by Medical Components, By Application, 2020 & 2027 (USD Billion)
12. Global Medical Plastics Market share, by Orthopedic Implant Packaging, By Application, 2020 & 2027 (USD Billion)
13. Global Medical Plastics Market share, by Others, By Application, 2020 & 2027 (USD Billion)
14. Global Medical Plastics Market share, by Region, 2020 & 2027 (%)
15. Global Medical Plastics Market share, by region, 2020 - 2027(USD Billion)
16. North America Medical Plastics Market, 2020 - 2027(USD Billion)
17. North America Medical Plastics Market share, by Countries, 2020 & 2027 (%)
18. U.S. Medical Plastics Market, 2020 - 2027(USD Billion)
19. Canada Medical Plastics Market, 2020 - 2027(USD Billion)
20. Europe Medical Plastics Market, 2020 - 2027(USD Billion)
21. Europe Medical Plastics Market share, by Countries, 2020 & 2027 (%)
22. Spain Medical Plastics Market, 2020 - 2027(USD Billion)
23. UK Medical Plastics Market, 2020 - 2027(USD Billion)
24. Italy Medical Plastics Market, 2020 - 2027(USD Billion)
25. Germany Medical Plastics Market, 2020 - 2027(USD Billion)
26. France Medical Plastics Market, 2020 - 2027(USD Billion)
27. Rest of Europe Medical Plastics Market, 2020 - 2027(USD Billion)
28. Asia-Pacific Medical Plastics Market, 2020 - 2027(USD Billion)
29. Asia-Pacific Medical Plastics Market share, by Countries, 2020 & 2027 (%)
30. China Medical Plastics Market, 2020 - 2027(USD Billion)
31. India Medical Plastics Market, 2020 - 2027(USD Billion)
32. Australia Medical Plastics Market, 2020 - 2027(USD Billion)
33. Japan Medical Plastics Market, 2020 - 2027(USD Billion)
34. Rest of Asia-Pacific Medical Plastics Market, 2020 - 2027(USD Billion)
35. Middle East & Africa Medical Plastics Market, 2020 - 2027(USD Billion)
36. Middle East & Africa Medical Plastics Market share, by Countries, 2020 & 2027 (%)
37. GCC Medical Plastics Market, 2020 - 2027(USD Billion)
38. South Africa Medical Plastics Market, 2020 - 2027(USD Billion)
39. Rest Of Middle East & Africa Medical Plastics Market, 2020 - 2027(USD Billion)
40. South America Medical Plastics Market, 2020 - 2027(USD Billion)
41. Brazil Medical Plastics Market, 2020 - 2027(USD Billion)
42. Mexico Medical Plastics Market, 2020 - 2027(USD Billion)
43. Argentina Medical Plastics Market, 2020 - 2027(USD Billion)
44. Rest Of South America Medical Plastics Market, 2020 - 2027(USD Billion)

List of Tables

1. Impact of Market drivers
2. Impact of Market restraints
3. Global Medical Plastics Market, 2020-2027 (USD Billion)
4. Medical Plastics requirement, by country, 2020-2027, (USD Billion)
5. North America Medical Plastics Market, By Application, 2020-2027 (USD Billion)
6. Europe Medical Plastics Market, By Application, 2020-2027 (USD Billion)
7. Asia Pacific Medical Plastics Market, By Application, 2020-2027 (USD Billion)
8. Middle East & Africa Medical Plastics Market, By Application, 2020-2027 (USD Billion)
9. South America Medical Plastics Market, By Application, 2020-2027 (USD Billion)
10. Exxon Mobil Corporation : Product Benchmarking
11. Exxon Mobil Corporation : Financial Performance
12. BASF SE : Product Benchmarking
13. BASF SE : Financial Performance
14. DuPont de Nemours, Inc. : Product Benchmarking
15. DuPont de Nemours, Inc. : Financial Performance
16. Evonik Industries AG :Product Benchmarking
17. Evonik Industries AG :Financial Performance
18. CELANESE CORPORATION : Product Benchmarking
19. CELANESE CORPORATION : Financial Performance

The Leading Key Players in Stucco Market

BASF SE
RPM International Inc.
Sika AG
Fosroc International Ltd.
MapeiS.p.A.
GCP Applied Technologies Inc.
General Electric (GE)
CEMEX S.A.B. de C.V.
Heidelberg