Report Ocean has released a forecast of the global stucco market through 2031, according to Hometown Pages.

The forecast will include analysis on COVID-19’s impact, as well as economic parameters, demand/supply and inflation. The report also covers key players in the industry, such as Dryvit, Sto, Quikrete and more.

In 2021, the stucco industry was valued at $11.98 billion and is expected to grow at an average yearly rate of 5.4 percent through 2030, reaching $17.1 billion by then.

The report breaks down the market into different subsections, including by type (traditional and insulated), base (concrete, masonry, tile and other bases), material (cement, aggregates, admixture, plasticizers, reinforcement, bonding agents and other materials), end-use (residential and non-residential) and region (North America, Europe, Asia-Pacific, South America, Middle East and Africa, and more).

The report has a base year of 2021 with historical years 2017 and 2019 and a forecast period of 2022 to 2030. It includes growth trends, market analysis, key player analysis and conclusions.

The forecast is targeted to consulting companies, stucco companies, investors and more.

The report uses Porter’s five forces (threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services and intensity of competitive rivalry) to help analyze the relationship between buyers and suppliers.

Request the report here.