Exterior Insulation and Finish System (EIFS) Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030

in exterior •  3 years ago 

The demand for exterior insulation and finish system is anticipated to propel over coming years fueled by the growth of construction industry across North America and Europe. The global exterior insulation and finish system market is expected to grow at a CAGR close to 14% over the forecast period. The demand from Europe is anticipated to propel owing to expansion of construction industry, with major demand being generated from retrofit insulation cladding installation activities across Western European countries. Government initiatives to promote adoption of energy efficient heating and cooling systems to curb energy consumption is anticipated to be the major driving factor for exterior insulation and finish system (EIFS) market. Asia Pacific is anticipated to witness steady growth over the forecast period. With expansion of commercial and residential buildings across the U.S., exterior insulation and finish system market in the U.S. is anticipated to dominate global demand over forecast period.

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