Global Stucco Market Trends, Strategies, Opportunities For 2022-2031
The Business Research Company’s Stucco Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, July 12, 2022 /EINPresswire.com/ -- According to ‘Stucco Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the stucco market size is expected to reach $14.28 billion in 2026 at a CAGR of 4.8%. The rapid growth of smart buildings is expected to propel the stucco market growth going forward.
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The stucco market consists of sales of stucco by entities (organizations, sole traders, and partnerships) that is used as a decorative coating for walls and ceilings, as well as exterior walls. It is a building material composed of aggregates, a binder, and water. Stucco is applied in a liquid state and solidifies to a solid once dry. It is tough, long lasting, and fireproof. It is utilized in architecture as a decorative coating for walls and ceilings, as external walls, and as a sculptural and aesthetic material.
Global Stucco Market Trends
The use of mortar spraying machines is one of the key stucco industry trends gaining popularity. Major companies are focused on developing new technological solutions such as stucco spraying machines to strengthen their position, which is predicted to be shaping the stucco market outlook. For instance, in 2020, Hunan Gaohua New Materials Technology Co. Ltd., a China-based company that manufactures construction equipment and stucco sprayers, launched its new product, stucco tool mortar cement plastering machine model GH. It is a lightweight machine with a high spraying capacity. The company launched this machine with four modes with a production capacity of 10,000/year. By using this, an even coat of stucco can be applied all over the walls, and can easily do the stuccowork in less time and with a smaller workforce.
Global Stucco Market Segments
By Type: Traditional, Insulated
By Base: Concrete, Masonry, Tile, Others
By Material: Cement, Aggregates, Admixture, Plasticizers, Reinforcement, Bonding Agent, Others
By Application: Residential, Non Residential
By Geography: The global stucco market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
Read more on the global stucco market report here
https://www.thebusinessresearchcompany.com/report/stucco-global-market-report
Stucco Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides stucco market overviews, analyzes and forecasts market size and growth for the global stucco market, stucco market share, stucco market segments and geographies, stucco market players, stucco market leading competitor revenues, profiles and market shares. The stucco market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Stucco Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Sika AG, Cemex, BASF SE, Omega Products International, Dryvit Systems Inc, Quikrete, STO Group, California Stucco Products, Western Blended Products, DowDuPont, Senergy, and Simplex.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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