Enhancing Building Aesthetics with the Exterior Insulation and Finish System Market
Polaris Market Research & Consulting, Inc.
Market Research | Industry Analysis
Exterior Insulation and Finish System (EIFS), also referred to as Exterior Wall Insulation System (EWI), is a general class of wall cladding that provides exterior walls with an insulated, water-resistant surface. EIFS, in their current basic form, were first introduced in Germany in the 1960s and made their way to North America a few years later.
EIFS can be used on a wide variety of buildings, including houses, apartments, hotels, office parks, government offices, and more. In this blog post, we detail the main components of EIFS and the benefits of using it. Also, we cover the industry analysis and the top segments driving the exterior insulation and finish system market growth.
Components of Exterior Insulation and Finish System
Exterior insulation and finish system is usually a multi-layered wall system that comprises the following components:
Adhesive: As the name implies, adhesive is used to bind the insulation board to the exterior wall surface.
Insulation board: Insulation boards for EIFS are usually made of polystyrene or mineral wool. They’re attached to the exterior wall surface.
Mechanical fasteners: These are used to secure the insulation board to the exterior wall surface.
Base coat: A base coat is a mixture of various admixtures and cement. It’s applied on the top of the insulation. Also, it’s usually reinforced with EIFS glass fiber mesh.
Finish coat: It’s applied on the top of the primed base coat. It offers a decorative and durable finish.
Market Analysis
The exterior insulation and finish system market size is currently valued at USD 91.29 billion and is anticipated to generate an estimated revenue of USD 246.20 billion by 2032, according to the latest study by Polaris Market Research & Consulting, Inc. . Besides, the report notes that the market exhibits a robust 10.4% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2023 - 2032.
领英推荐
Benefits of EIFS
There are several benefits of using exterior insulation and finish system. When installed properly, they can cut air filtration by almost half as compared to standard brick or wood construction. Also, they can make buildings and apartments more energy-efficient.
Other perks of EIFS are aesthetic and creative perks. Expanded Polystyrene (EPS), a part of EIFS, can be given various shapes like columns, arches, and window details. Also, it can be utilized to develop intricate architectural designs and soffits. Furthermore, EIFS is highly versatile and flexible when it comes to installation.
?Request Sample Copy of Research Report: https://tinyurl.com/tjkrv52e
Polymer-based Segment is Projected to Experience the Fastest Growth
Polymer-based EIFS is known for its enhanced performance in comparison to traditional systems. Other benefits of this EISF type are greater flexibility, impact resistance, and high durability. This reduces their long-term maintenance costs and makes them suitable for several climatic conditions. All of these advantages have resulted in increased adoption and demand for polymer-based EIFS in the Exterior insulation and finish system market.
Asia Pacific is Anticipated to Witness the Highest Growth
The region’s growth can primarily be attributed to the rise in construction activities in economies like India, China, and Southeast Asian nations. Besides, other developments like the Chinese government’s five-year plan to make its construction sector greener, smarter, and safer are further anticipated to drive the market demand in the region.
Browse Detail Report with TOC: https://tinyurl.com/8hr4z9bs
Improving Insulation Properties
Exterior insulation and finishing system are an efficient way of protecting premises against thermal loss and gain. The growing construction activities and changing lifestyles of people are some of the primary factors propelling the exterior insulation and finish system market forward.