Stucco Market: Global Industry Research Report 2020-2027 | Envisage Research
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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 Stucco Market
Chapter 5. Global Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
5.1. Global Stucco Market Share, By Product, 2015 - 2027 (USD Billion)
5.1.1. Three coat stucco
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. Exterior insulating & finish systems
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. Newer one-coat stucco
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)
Chapter 6. Global Stucco Market Overview, By Insulation Type, 2015 - 2027 (USD Billion)
6.1. Global Stucco Market Share, By Insulation Type, 2015 - 2027 (USD Billion)
6.1.1. Insulated Sliding
6.1.1.1. Market Size and Projections, 2015 - 2027 (USD Billion)
6.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Billion)
6.1.2. Non Insulated Sliding
6.1.2.1. Market Size and Projections, 2015 - 2027 (USD Billion)
6.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Billion)
Chapter 7. Global Stucco Market Overview, By End use, 2015 - 2027 (USD Billion)
7.1. Global Stucco Market Share, By End use, 2015 - 2027 (USD Billion)
7.1.1. Residential
7.1.1.1. Market Size and Projections, 2015 - 2027 (USD Billion)
7.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Billion)
7.1.2. Non-residential
7.1.2.1. Market Size and Projections, 2015 - 2027 (USD Billion)
7.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Billion)
Chapter 8. Global Stucco Market Overview, By Geography, 2015 - 2027 (USD Billion)
8.1. Global Stucco Market Share, By Geography, 2015 - 2027 (USD Billion)
8.1.1. Market Size and projections, by Countries, 2015 - 2027 (USD Billion)
8.1.2. Market Share and CAGR Comparison, by Countries, 2020 & 2027 (%)
Chapter 9. North America Stucco Market Overview, By Countries, 2015 - 2027 (USD Billion)
9.1. North America Stucco Market Overview, 2015 - 2027 (USD Billion)
9.1.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.2. North America Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
9.1.3. North America Stucco Market Overview, By Insulation Type, 2015 - 2027 (USD Billion)
9.1.4. North America Stucco Market Overview, By End use, 2015 - 2027 (USD Billion)
9.1.5. North America Stucco Market Overview, By Countries, 2015 - 2027 (USD Billion)
9.1.5.1. U.S. Stucco Market Overview, 2015 - 2027 (USD Billion)
9.1.5.1.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.5.1.2. U.S. Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
9.1.5.1.3. Other Segments
9.1.5.2. Canada Stucco Market Overview, 2015 - 2027 (USD Billion)
9.1.5.2.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.5.2.2. Canada Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
9.1.5.2.3. Other Segments
9.1.5.3. Mexico Stucco Market Overview, 2015 - 2027 (USD Billion)
9.1.5.3.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.5.3.2. Mexico Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
9.1.5.3.3. Other Segments
Chapter 10. Europe Stucco Market Overview, By Countries, 2015 - 2027 (USD Billion)
10.1. Europe Stucco Market Overview, 2015 - 2027 (USD Billion)
10.1.1. Market size and projections, 2015 - 2027 (USD Billion)
10.1.2. Europe Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
10.1.3. Europe Stucco Market Overview, By Insulation Type, 2015 - 2027 (USD Billion)
10.1.4. Europe Stucco Market Overview, By End use, 2015 - 2027 (USD Billion)
10.1.5. Europe Stucco Market Overview, By Countries, 2015 - 2027 (USD Billion)
10.1.5.1. Germany
10.1.5.1.1. Market size and projections, 2015 - 2027 (USD Billion)
10.1.5.1.2. Germany Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
10.1.5.1.3. Others Segments
10.1.5.2. France
10.1.5.2.1. Market size and projections, 2015 - 2027 (USD Billion)
10.1.5.2.2. France Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
10.1.5.2.3. Others Segments
10.1.5.3. UK
10.1.5.3.1. Market size and projections, 2015 - 2027 (USD Billion)
10.1.5.3.2. UK Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
10.1.5.3.3. Others Segments
10.1.5.4. Italy
10.1.5.4.1. Market size and projections, 2015 - 2027 (USD Billion)
10.1.5.4.2. Italy Stucco Market Overview, By Product 2015 - 2027 (USD Billion)
10.1.5.4.3. Others Segments
10.1.5.5. Spain
10.1.5.5.1. Market size and projections, 2015 - 2027 (USD Billion)
10.1.5.5.2. Spain Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
10.1.5.5.3. Others Segments
10.1.5.6. Rest of Europe
10.1.5.6.1. Market size and projections, 2015 – 2025
10.1.5.6.2. Rest of Europe Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
10.1.5.6.3. Others Segments
Chapter 11. Asia Pacific Stucco Market Overview, By Countries, 2015 - 2027 (USD Billion)
11.1. Asia Pacific Stucco Market Overview, 2015 - 2027 (USD Billion)
11.1.1. Market size and projections, 2015 - 2027 (USD Billion)
11.1.2. Asia Pacific Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
11.1.3. Asia Pacific Stucco Market Overview, By Insulation Type, 2015 - 2027 (USD Billion)
11.1.4. Asia Pacific Stucco Market Overview, By End use, 2015 - 2027 (USD Billion)
11.1.5. Asia Pacific Stucco Market Overview, By Countries, 2015 - 2027 (USD Billion)
11.1.5.1. India
11.1.5.1.1. Market size and projections, 2015 - 2027 (USD Billion)
11.1.5.1.2. India Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
11.1.5.1.3. Other Segments
11.1.5.2. China
11.1.5.2.1. Market size and projections, 2015 - 2027 (USD Billion)
11.1.5.2.2. China Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
11.1.5.2.3. Other Segments
11.1.5.3. Japan
11.1.5.3.1. Market size and projections, 2015 - 2027 (USD Billion)
11.1.5.3.2. Japan Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
11.1.5.3.3. Other Segments
11.1.5.4. South Korea
11.1.5.4.1. Market size and projections, 2015 - 2027 (USD Billion)
11.1.5.4.2. South Korea Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
11.1.5.4.3. Other Segments
11.1.5.5. Rest of Asia Pacific
11.1.5.5.1. Market size and projections, 2015 - 2027 (USD Billion)
11.1.5.5.2. Rest of Asia Pacific Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
11.1.5.5.3. Other Segments
Chapter 12. Middle East & Africa Stucco Market Overview, By Countries, 2015 - 2027 (USD Billion)
12.1. Middle East & Africa Stucco Market Overview, 2015 - 2027 (USD Billion)
12.1.1. Market size and projections, 2015 - 2027 (USD Billion)
12.1.2. Middle East & Africa Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
12.1.3. Middle East & Africa Stucco Market Overview, By Insulation Type, 2015 - 2027 (USD Billion)
12.1.4. Middle East & Africa Stucco Market Overview, By End use, 2015 - 2027 (USD Billion)
12.1.5. Middle East & Africa Stucco Market Overview, By Countries, 2015 - 2027 (USD Billion)
12.1.5.1. GCC
12.1.5.1.1. Market size and projections, 2015 - 2027 (USD Billion)
12.1.5.1.2. GCC Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
12.1.5.1.3. Other Segments
12.1.5.2. South Africa
12.1.5.2.1. Market size and projections, 2015 - 2027 (USD Billion)
12.1.5.2.2. South Africa Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
12.1.5.2.3. Other Segments
12.1.5.3. Rest of Middle East & Africa
12.1.5.3.1. Market size and projections, 2015 - 2027 (USD Billion)
12.1.5.3.2. Rest of Middle East & Africa Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
12.1.5.3.3. Other Segments
Chapter 13. South America Stucco Market Overview, By Countries, 2015 - 2027 (USD Billion)
13.1. South America Stucco Market Overview, 2015 - 2027 (USD Billion)
13.1.1. Market size and projections, 2015 - 2027 (USD Billion)
13.1.2. South America Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
13.1.3. South America Stucco Market Overview, By Insulation Type, 2015 - 2027 (USD Billion)
13.1.4. South America Stucco Market Overview, By End use, 2015 - 2027 (USD Billion)
13.1.5. South America Stucco Market Overview, By Countries, 2015- 2026 (USD Billion)
13.1.6. Brazil
13.1.6.1. Market size and projections, 2015 - 2027 (USD Billion)
13.1.6.2. Brazil Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
13.1.6.3. Other Segments
13.1.7. Argentina
13.1.7.1. Market size and projections, 2015 - 2027 (USD Billion)
13.1.7.2. Argentina Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
13.1.7.3. Other Segments
13.1.8. Rest of South America
13.1.8.1. Market size and projections, 2015 – 2027
13.1.8.2. Rest of South America Stucco Market Overview, By Product, 2015 - 2027 (USD Billion)
13.1.8.3. Other Segments
Chapter 14. Competitive Landscape
14.1. Competitive environment, 2020
14.2. Strategic framework
14.2.1. Partnership/agreement
14.2.2. Expansion
14.2.3. Mergers & Acquisitions
14.2.4. New Distribution channel development
Chapter 15. Key Vendor Analysis
15.1. BASF SE.
15.1.1. Company overview
15.1.2. Financial performance
15.1.3. Distribution channel Benchmarking
15.1.4. Recent initiatives
15.1.5. SWOT analysis
15.2. RPM International Inc
15.2.1. Company overview
15.2.2. Financial performance
15.2.3. Distribution channel Benchmarking
15.2.4. Recent initiatives
15.2.5. SWOT analysis
15.3. Sika A.G.
15.4. General Electric
Chapter 16. Stucco Market Cost Analysis
16.1. Stucco Market Key Raw Material Analysis
16.1.1. Key Raw Material
16.1.2. Price Trend of Key Raw Material
16.1.3. Key Suppliers of Raw Material
16.1.4. Market Concentration Rate of Raw Material
Chapter 17. Industrial Chain, Sourcing Strategy and Downstream Buyers
17.1. Stucco Market Industrial Chain Analysis
17.2. Upstream Raw Material Sourcing
17.3. Raw Material Source of Stucco Market Major Manufacturers in 2021
17.4. Downstream Buyers
Chapter 18. Marketing Strategy Analysis, Distributors/Traders
18.1. Marketing Channel
18.1.1. Direct Marketing
18.1.2. Indirect Marketing
18.1.3. Marketing Channel Development Trend
18.2. Market Positioning
18.2.1. Pricing Strategy
18.2.2. Brand Strategy
18.2.3. Target Non insulated sliding
18.3. Distributors/Traders List
Chapter 19. Market Effect Factors Analysis
19.1. Technology Progress/Risk
19.1.1. Substitutes Threat
19.1.2. Technology Progress in Related Distribution channel
19.2. Consumer Needs/Customer Preference Change
19.3. Economic/Political Environmental Change
Chapter 20. 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 Stucco Market share, By Product, 2020 & 2027 (%)
10. Global Stucco Market share, by Three coat stucco, By Product, 2020 & 2027 (USD Billion)
11. Global Stucco Market share, by Exterior insulating & finish systems, By Product, 2020 & 2027 (USD Billion)
12. Global Stucco Market share, by Newer one-coat stucco, By Product, 2020 & 2027 (USD Billion)
13. Global Stucco Market share, By Insulation Type, 2020 & 2027 (%)
14. Global Stucco Market share, by NON INSULATED SLIDING, By Insulation Type, 2020 & 2027 (USD Billion)
15. Global Stucco Market share, by Insulated Sliding, By Insulation Type, 2020 & 2027 (USD Billion)
16. Global Stucco Market share, By End use, 2020 & 2027 (%)
17. Global Stucco Market share, by Residential, By End use, 2020 & 2027 (USD Billion)
18. Global Stucco Market share, by Non Residential, By End use, 2020 & 2027 (USD Billion)
19. Global Stucco Market share, by Region, 2020 & 2027 (%)
20. Global Stucco Market share, by region, 2020 - 2027(USD Billion)
21. North America Stucco Market, 2020 - 2027(USD Billion)
22. North America Stucco Market share, by Countries, 2020 & 2027 (%)
23. U.S. Stucco Market, 2020 - 2027(USD Billion)
24. Canada Stucco Market, 2020 - 2027(USD Billion)
25. Europe Stucco Market, 2020 - 2027(USD Billion)
26. Europe Stucco Market share, by Countries, 2020 & 2027 (%)
27. Spain Stucco Market, 2020 - 2027(USD Billion)
28. UK Stucco Market, 2020 - 2027(USD Billion)
29. Italy Stucco Market, 2020 - 2027(USD Billion)
30. Germany Stucco Market, 2020 - 2027(USD Billion)
31. France Stucco Market, 2020 - 2027(USD Billion)
32. Rest of Europe Stucco Market, 2020 - 2027(USD Billion)
33. Asia-Pacific Stucco Market, 2020 - 2027(USD Billion)
34. Asia-Pacific Stucco Market share, by Countries, 2020 & 2027 (%)
35. China Stucco Market, 2020 - 2027(USD Billion)
36. India Stucco Market, 2020 - 2027(USD Billion)
37. Australia Stucco Market, 2020 - 2027(USD Billion)
38. Japan Stucco Market, 2020 - 2027(USD Billion)
39. Rest of Asia-Pacific Stucco Market, 2020 - 2027(USD Billion)
40. Middle East & Africa Stucco Market, 2020 - 2027(USD Billion)
41. Middle East & Africa Stucco Market share, by Countries, 2020 & 2027 (%)
42. GCC Stucco Market, 2020 - 2027(USD Billion)
43. South Africa Stucco Market, 2020 - 2027(USD Billion)
44. Rest Of Middle East & Africa Stucco Market, 2020 - 2027(USD Billion)
45. South America Stucco Market, 2020 - 2027(USD Billion)
46. Brazil Stucco Market, 2020 - 2027(USD Billion)
47. Mexico Stucco Market, 2020 - 2027(USD Billion)
48. Argentina Stucco Market, 2020 - 2027(USD Billion)
49. Rest Of South America Stucco Market, 2020 - 2027(USD Billion)

List of Tables

1. Impact of Market drivers
2. Impact of Market restraints
3. Global Stucco Market, 2020-2027 (USD Billion)
4. Stucco requirement, by country, 2020-2027, (USD Billion)
5. North America Stucco Market, By Product, 2020-2027 (USD Billion)
6. North America Stucco Market, By Insulation Type, 2020-2027 (USD Billion)
7. North America Stucco Market, By End use, 2020-2027 (USD Billion)
8. Europe Stucco Market, By Product, 2020-2027 (USD Billion)
9. Europe Stucco Market, By Insulation Type, 2020-2027 (USD Billion)
10. Europe Stucco Market, By End use, 2020-2027 (USD Billion)
11. Asia Pacific Stucco Market, By Product, 2020-2027 (USD Billion)
12. Asia Pacific Stucco Market, By Insulation Type, 2020-2027 (USD Billion)
13. Asia Pacific Stucco Market, By End use, 2020-2027 (USD Billion)
14. Middle East & Africa Stucco Market, By Product, 2020-2027 (USD Billion)
15. Middle East & Africa Stucco Market, By Insulation Type, 2020-2027 (USD Billion)
16. Middle East & Africa Stucco Market, By End use, 2020-2027 (USD Billion)
17. South America Stucco Market, By Product, 2020-2027 (USD Billion)
18. South America Stucco Market, By Insulation Type, 2020-2027 (USD Billion)
19. South America Stucco Market, By End use, 2020-2027 (USD Billion)
20. Global Stucco Market, Company Market Share, 2020 & 2027(%)
21. BASF SE: Product Benchmarking
22. RPM International Inc.: Financial Performance
23. Sika A.G: Product Benchmarking
24. Fosroc International Ltd.: Financial Performance
25. GCP Applied Technologies: Product Benchmarking
26. CEMEX S.A.B: Financial Performance
27. Heidelberg: Product Benchmarking

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