External Composite Insulation System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

External Composite Insulation System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

The global external composite insulation system market is expected to register a significant CAGR of 5% during the forecast period, 2023-2027. The market growth can be attributed to the rising demands for insulated exterior protection paints and polymers across various end-user industries. A rise in infrastructural development projects owing to rapid industrialization and urbanization is creating more demand for insulation systems, adding to the market growth. Growing demand for promising polymer dispersions and powders for protection against environmental factors is positively influencing the growth of the global external composite insulation system market.

The best option for insulating exterior walls in a sustainable and energy-efficient manner is external composite insulation systems. Both new buildings and rehabilitated construction can use the systems. When these construction polymers are used with outside wall paints, the result is an insulated exterior that helps with green building construction and infrastructure claims.

Depletion of the environment and rising concerns regarding energy consumption have compelled the authorities to find better energy-efficient solutions. Development of green buildings owing to strict norms and regulations by the government to reduce energy consumption is also supporting the growth of the global external composite insulation systems market. A growing number of initiatives by the government to promote the adoption of energy-efficient heating and cooling systems is expected to propel the demand for external composite insulation systems. However, the availability of green insulation materials and installation problems associated with external composite that result in leakage is anticipated to restrict the exterior composite insulation market growth rate in the coming years.

The global external composite insulation system market is segmented based on material type, application, distribution channel, regional distribution, and competitive landscape. Based on region, Asia-Pacific region is registering the fastest growth in the global external composite insulation systems owing to the rising number of infrastructural activities in the region.

Key players operating in the global external composite insulation systems are Dow Chemicals, Wacker Chemie AG, Sika Group, Fosroc, Celanese System, Terraco Group, Novatherm, Nippon Paints, BASF SE, Hempel, NPP Termalkom, LLC., Tnemec Company Inc., ZEON Corporation, Primatek Coatings, S.K. Kaken Co., Ltd., among others.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022

Forecast Period: 2023–2027

Objective of the Study:

• To analyze the historical growth in the market size of the global external composite insulation system market from 2023 to 2027.
• To estimate and forecast the market size of global external composite insulation system market from 2023 to 2027 and growth rate until 2027.
• To classify and forecast the global external composite insulation system market based on material type, application, distribution channel, region, and company.
• To identify the dominant region or segment in the global external composite insulation system market.
• To identify drivers and challenges for the global external composite insulation system market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global external composite insulation system market.
• To identify and analyze the profiles of leading players operating in the global external composite insulation system market.
• To identify key sustainable strategies adopted by market players in global external composite insulation system market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of the Global external composite insulation system market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global external composite insulation system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• External Composite Insulation System Market, By Material Type:
• Acrylic Emulsion Polymers
• Re-dispersible Latex Powders
• Cellulose Ether
• Silicone
• Others
• External Composite Insulation System Market, By Application:
• Commercial
• Industrial
• Institutional
• Residential
• External Composite Insulation System Market, By Distribution Channel:
• Direct
• Indirect
• External Composite Insulation System Market, By Region:
• North America
• United States
• Mexico
• Canada
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Vietnam
• Europe & CIS
• France
• Germany
• United Kingdom
• Italy
• Russia
• South America
• Brazil
• Argentina
• Colombia
• Chile
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global external composite insulation system market.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights