Stucco Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to stucco market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Stucco Market News

in Stucco Market
  • In January 2024, Foundation Building Materials (FBM) strengthened its market position by acquiring Stucco Master Supply, LLC, a key distributor of Exterior Insulation and Finish Systems (EIFS) and stone products. This acquisition enhances FBM's ability to supply EIFS and other construction materials across the Dayton-Cincinnati/tri-state area, contributing to the growing trend of energy-efficient building practices in the region.
  • In January 2024, Foundation Building Materials (FBM) acquired Stucco Master Supply, LLC, expanding its reach in the Dayton-Cincinnati area. This acquisition strengthens FBM’s EIFS and stone distribution, catering to the rising demand for energy-efficient construction. The move aligns with industry trends focusing on sustainable, high-performance stucco solutions, reinforcing FBM’s competitive position.
  • In May 2024, RWC Building Products acquired New Mexico Plaster and Supply, enhancing its market presence in Albuquerque. This acquisition broadens RWC’s stucco and plaster product offerings, addressing growing construction needs in the southwestern U.S. The move supports RWC’s expansion strategy, improves supply chain efficiency, and strengthens its foothold in energy-efficient building materials.

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Global Stucco Market size was valued at USD 14.26 Billion in 2023 poised to grow from USD 14.73 Billion in 2024 to USD 19.10 Billion by 2032, growing at a CAGR of 3.3% in the forecast period (2025-2032).

The global stucco market is highly competitive, with key players focusing on innovation, sustainability, and efficiency to gain market share. Leading companies include BASF SE, Sika AG, The Quikrete Companies, Cemex S.A.B. de C.V., and STO SE & Co. KGaA. BASF SE emphasizes eco-friendly stucco formulations, aligning with sustainability trends. Sika AG focuses on advanced polymer-modified stucco solutions for durability and weather resistance. Quikrete expands its product range with machine-applied stucco for faster application. Cemex invests in lightweight and energy-efficient stucco materials, catering to modern construction demands. STO SE prioritizes EIFS solutions, enhancing thermal insulation and reducing energy consumption. 'BASF SE (Germany)', 'Sika AG (Switzerland)', 'The Quikrete Companies (USA)', 'Cemex S.A.B. de C.V. (Mexico)', 'STO SE & Co. KGaA (Germany)', 'LafargeHolcim (Switzerland)', 'Parex USA, Inc. (USA)', 'RPM International Inc. (USA)', 'DuPont de Nemours, Inc. (USA)', 'Omega Products International (USA)', 'California Stucco Products Corp. (USA)', 'GCP Applied Technologies (USA)', 'Etex Group (Belgium)', 'Knauf Gips KG (Germany)', 'Saint-Gobain Weber (France)'

The global stucco market is driven by rapid urbanization and infrastructure expansion, particularly in emerging economies. As cities grow, the demand for durable, cost-effective, and energy-efficient construction materials increases. Stucco’s weather resistance, insulation properties, and adaptability make it a preferred choice for residential, commercial, and industrial projects worldwide.

Rising Demand for Sustainable and Energy-Efficient Stucco Solutions: The global stucco market is undergoing a transformation as sustainability becomes a top priority in construction. Increasing demand for eco-friendly and energy-efficient building materials is driving the adoption of synthetic stucco, EIFS, and fiber-reinforced stucco. These materials provide superior insulation, reduce energy consumption, and help meet stringent building regulations. As environmental concerns rise, developers and homeowners are increasingly opting for stucco formulations that offer durability and long-term energy savings, particularly in green-certified and sustainable construction projects.

How do Climate Considerations Affect the Choice of Stucco Materials in North America?

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Global Stucco Market
Stucco Market

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