Stucco Market Expansion $17.04 Billion By 2032 and CAGR: 4.3%

Stucco Market Size Worth $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 “Stucco Market Share, Size, Trends, Industry Analysis Report, By Product Type (Traditional Three-Coat, Newer One-Coat, and Exterior Insulating & Finish Systems); By Insulation Type; By End-User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The exponential growth in the construction industry and surging product use as an exterior and interior wall finish in commercial, industrial, and residential projects and growing adoption as an environmentally friendly and sustainable building material over traditional alternatives like vinyl siding, are prominent factors influencing the global market growth. 

In addition, manufacturers worldwide are increasingly focused on developing environmentally friendly stucco products, which mainly includes using recycled content, reducing volatile organic compound emissions, and promoting energy-efficient building practices, which will likely to foster market growth in the coming years.

  • For instance, in March 2023, Stonecoat, introduced its StoneCoat SMOOTH, StoneCoat CARVE, & StoneCoat SHIELD. These next-generation products provide same along with the benefit on a breathable, water, & mold-proof material.

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There is an increasing proliferation and need for decorative finishes in both commercial and residential projects especially in spaces like hotels, restaurants, and shopping malls to attract customers, that encourage companies to develop more innovative and advanced stucco products to cater to this growing market demand. Also, there is a room for customization and new innovations in the market, due to which, several companies are focusing on the development of new textures, colors, and finishes catering to diverse architectural preferences of builders, architects, and property owners.

  • For instance, in June 2023, Dunn-Edwards Corporation, unveiled its new Instant Designer Collection of six go-to whites and neutral hues. The range of classic colors include stucco tan, that provides a comfortable warm neutral that efficiently pair with various design styles.

Furthermore, the integration of smart technologies into stucco products that mainly includes self- cleaning, self-repairing stucco as well as stucco finishes that easily accommodate the installation of sensors or automation systems, is also on the rise in the last few years and projected to create huge growth opportunities for the market.

Stucco Market Share, Size

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Stucco Market Report Highlights

  • Traditional three-coat segment accounted for largest share, owing to its capabilities to easily withstand extreme and harsh weather conditions including heat and cold
  • Non-insulated siding segment held the majority market revenue share, mainly attributable to its significant use in wide range of surfaces
  • Non-residential segment will grow at highest growth rate, due to rise in the construction of commercial buildings and rising trend of architectural preferences
  • North America dominated the global market with substantial share, on account of region’s greater adoption of sustainable and eco-friendly construction practices
  • The key market players include DuPont de Nemours, Integrated Stucco, Omega Products International, Arcant Inc., California Stucco Products Corporation, and Sika

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
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Stucco Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 12.13 billion

Revenue forecast in 2032

USD 17.04 billion

CAGR

4.3% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments covered

By Product Type, By Insulation Type, By End-User, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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Request for Customized Report