What Has Been the Growth of the Stucco Market So Far?
The stucco market has seen considerable growth due to a variety of factors.
• Recent years have seen a robust expansion in the stucco market size. The growth is projected to surge from $13.32 billion in 2024 to $14.12 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.0%.
Factors contributing to the growth during the historical period include aesthetic appeal, durability, weather resistance, energy efficiency, historic restoration, cost-effectiveness, and fire resistance.
What Are the Future Growth Projections for the Stucco Market?
The stucco market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipations are high for the stucco market as it is projected to experience robust expansion in the forthcoming years. The market valuation is forecasted to reach $19.01 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 7.7%.
The predicted surge during this period is likely due to augmenting construction and renovation activities, preservation of historical structures, and increasing utilization in commercial and industrial sectors. Other contributing factors include the emergence of new stucco products and technologies and infrastructure development in nascent markets. Future trends to look out for include innovative textures and finishes, fiber-reinforced stucco, bespoke and trending colors, digital design tools, and fire-resistant stucco.
What Are The Core Factors Supporting Growth In The Stucco Market?
The stucco market's progression is projected to be spurred by the rapid escalation of smart buildings. A smart building, having automated processes to manage its operations, employs sensors, actuators, and microchips for data collection and administration. The stucco technology is considerably adopted in the construction of smart buildings owing to its affordability and durability. For example, in June 2024, the U.S. General Services Administration, a government agency, declared an $80 million investment in smart building technologies which aims at cutting emissions, improving efficiency, reducing costs, and boosting comfort in around 560 federal buildings. Consequently, the advancing trend of smart cities and smart buildings is fostering the stucco market growth.
What Are The Major Segments Within The Global Stucco Market?
The stucco market covered in this report is segmented –
1) By Type: Traditional, Insulated
2) By Base: Concrete, Masonry, Tile, Other Bases
3) By Material: Cement, Aggregates, Admixture, Plasticizers, Reinforcement, Bonding Agent, Other Materials
4) By Application: Residential, Non Residential
Subsegments:
1) By Traditional Stucco: Cement-Based Stucco, Acrylic Stucco, Lime-Based Stucco
2) By Insulated Stucco: EIFS (Exterior Insulation and Finish System), Foam Board Insulation Stucco, Insulated Render Systems
Pre-Book The Stucco Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
Which Trends Are Expected To Transform The Stucco Market?
Top-tier businesses in the stucco market, like Cosentino Group, are introducing novel collections including Kraftizen to enhance the productivity of low-voltage solar PV systems. Kraftizen is a unique collection that brings together traditional artisan aesthetics with advanced technology in large-format stucco materials. In October 2022, Spain's Cosentino Group, renowned for producing and distributing innovative, eco-friendly surfaces, presented Kraftizen, their newest Dekton collection that fuses artisanal beauty and technological advancement. This pioneering, carbon-neutral surface provides a contemporary interpretation of the aesthetic appeal of handcrafted stucco and can be utilized in both indoor and outdoor settings. The Kraftizen collection displays five adaptable color palettes with rich textures named Umber, Nacre, Argentium, Micron, and Albarium. It represents a digital recreation of time-honored craftsmanship wherein each stroke of a trowel is elegantly captured and reshaped into a durable design.
Who Are the Key Players in the Stucco Market?
Major companies operating in the stucco market include:
• Sika AG
• Cemex S.A.B. de C.V.
• BASF SE
• Omega Products International
• Dryvit Systems Inc.
• Quikrete Holdings Inc.
• Sto Group Inc.
• California Stucco Products Corp.
• Western Blended Products
• DowDuPont de Nemours Inc.
• Senergy Pvt. Ltd.
• Simplex CC Ltd.
• James Hardie Industries PLC
• USG Corporation
• RPM International Inc.
• Boral Limited
• Parex Inc.
• LaHabra Stucco
• Master Wall Inc.
• Merlex Stucco Inc.
• Quikspray Inc.
• Conproco Corp.
• Western Stucco Products
• Imasco Minerals Inc.
• California Stucco Products Corp.
• BMI Products of Northern California Inc.
• Pyramid Stucco Co.
• Sunrise Stucco Inc.
• Arcat Inc.
• Sherwin-Williams Company
• Akzo Nobel NV
What Is The Most Dominant Region In The Stucco Market?
Asia-Pacific was the largest region in the stucco market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the stucco market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
