Earthen Plasters Market Share, Size, Trends, Industry Analysis Report, By Type (Iron, Calcium, Magnesium, Silicates, and Aluminum), By Application (Walls, Roofs, Masonry, Agriculture, and Others), By Region; Segment Forecast, 2022 - 2030
The global earthen plasters market size is expected to reach USD 115.3 million by 2030 according to a new study by Polaris Market Research. The report “Earthen Plasters Market Share, Size, Trends, Industry Analysis Report, By Type (Iron, Calcium, Magnesium, Silicates, and Aluminum), By Application (Walls, Roofs, Masonry, Agriculture, and Others), By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The major driving factor for the earthen plasters industry growth such as the growing demand for the clay plasters as it presents various advantages like it helps in moderate humidity, reducing mold development, as well as contributes to enhancing indoor air quality and acoustics, which, in turn, propelling the earthen coverings industry demand globally. Also, clay plasters are wide accepted over natural plasters. Moreover, rising construction and residential activities, increasing funding & investment by the leading companies, and continuous technological advancements are also accelerating the market growth.
Based on the application, the wall segment is dominating the global earthen coverings market and is anticipated to lead the industry over the forecasting period. Factors such as earthen plasters offer protection to the insulating and structural construction elements along it presents superior texture and colors to the wall segment, which, in turn, boost the segment demand globally. Whereas, the masonry segment is showing significant growth in the global earthen plasters industry owing to the rising demand for green buildings, along with rising penetration of environmentally friendly products are stimulating the segment growth in the approaching years.
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