Stucco Market Size Worth USD 17.04 Billion by 2032 | CAGR: 4.3%

The global Stucco Market size is expected to reach USD 17.04 Billion by 2032, according to a new study by Polaris Market Research. The report “Global Stucco Market Share, Size, Trends, Industry Analysis Report: Information By Product Type (Traditional Three-Coat, Newer One-Coat, and Exterior Insulating & Finish Systems), By Insulation Type, By End-User, And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growth of the Stucco Market is propelled by the surging demand for resilient exterior finishes and the increasing adoption and utilization of stucco. Property owners and developers are actively seeking enduring solutions for building exteriors, and stucco has emerged as the preferred choice due to its robustness and capacity to withstand severe weather conditions. Renowned for its durability and stability against wind, rain, and temperature fluctuations, stucco is well-suited for diverse climates. Additionally, its resistance to fire and pests further bolsters its appeal as a dependable exterior finish.

Moreover, the escalating adoption and usage rate of stucco is a significant driver for the growth of the Stucco Market, underscoring the advancing preference for this material in a myriad of construction projects. Stucco is increasingly favored for its cost-effectiveness, ease of application, and long-term performance, making it a sought-after choice among builders, architects, and homeowners.

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The Stucco Market is poised for significant growth due to the increasing construction activities worldwide, which are driving up the demand for durable and versatile exterior finishes. Urbanization and expanding infrastructure development are leading to a surge in residential and commercial building projects globally. Additionally, the growing renovation and remodeling activities are key factors contributing to the expansion of the Stucco Market, particularly as these projects often necessitate reliable and aesthetically pleasing exterior finishes. Moreover, homeowners and property managers are increasingly investing in renovations to update and enhance the appearance and functionality of older buildings, stucco's versatility makes it an ideal choice for such improvements.

Stucco Market Report Highlights

• The traditional three-coat segment dominated the 2023 Stucco Market with its exceptional durability, versatility, and long-lasting performance, securing the largest market share.
• The non-residential segment of the Stucco Market is projected to experience substantial growth in the coming years, driven by the rising construction of buildings on a global scale.
• The Stucco market in North America is primarily driven by the strong construction industry and strict building codes such as the International Building Code (IBC), International Residential Code (IRC), and International Green Construction Code (IgCC). These codes place high importance on durability and energy efficiency, contributing to the North American region's dominance in the Stucco market.
• The global key market players are ARCAT, Inc., BASF, Ca' Pietra, Dryvit, DuPont, GCP, LP Building Solutions, Omega Products International, Parex USA, Inc., Sika AG, SPEC MIX, LLC, TESUQUE STUCCO COMPANY, LLC.

Polaris Market Research has segmented the Stucco Market report based on product type, insulation type, end-user, and region:

Stucco, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Traditional Three-Coat
• Newer One-Coat
• Exterior Insulating & Finish Systems

Stucco, Insulation Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Insulated Siding
• Non-insulated Siding

Stucco, End-User Outlook (Revenue - USD Billion, 2019 - 2032)

• Residential
• Non-residential

Stucco, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Australia
• Rest of APAC

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of MEA