Surge in urbanization, increase in awareness toward environment-friendly construction materials, and development of the construction sector have boosted the growth of the global earthen plasters market.
PORTLAND, Ore., Feb. 23, 2022 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Earthen Plasters Market by End User (Residential and Nonresidential), Application (Walls, Roofs/Ceilings, and Others), and Construction (New Construction and Renovation & Repair): Global Opportunity Analysis and Industry Forecast, 2021-2030". As per the report, the global earthen plasters industry was accounted for $81.7 million in 2020, and is expected to garner $116.8 million by 2030, registering at a CAGR of 3.3% from 2021 to 2030.
Drivers, restraints, and opportunities
Surge in urbanization, increase in awareness toward environment-friendly construction materials, and development of the construction sector have boosted the growth of the global earthen plasters market. However, concerns associated with cracking and dusting owing to improper application methods hinder the market growth. On the contrary, surge in demand for green buildings and rise in government and private investments in the infrastructure sector is expected to open new opportunities for the market players in the future.
Download Sample PDF: https://www.alliedmarketresearch.com/request-sample/15989
Covid-19 scenario:
- The Covid-19 pandemic negatively affected the demand for earthen plasters due to a decline in construction activities and unavailability of raw materials.
- The prolonged lockdown disrupted the supply chain and led to the unavailability of raw materials.
The roofs/ceilings segment to manifest the highest through 2030
By application, the roofs/ceilings segment is expected to manifest the highest CAGR of 3.9% during the forecast period, owing to rise in residential construction expenditure and activities. However, the walls segment dominated the market in 2020, accounting for more than three-fifths of the global earthen plasters market, due to benefits such as eco-friendliness, ease of installation, and cost-effectiveness.
Get detailed COVID-19 impact analysis on the Earthen Plasters Market: https://www.alliedmarketresearch.com/request-for-customization/15989
The non-residential segment dominated the market
By end user, the non-residential segment held the lion's share in 2020, contributing to nearly three-fifths of the global earthen plasters market, due to rise in construction of new official buildings and non-residential complexes. However, the residential segment is anticipated to register the highest CAGR of 3.6% from 2021 to 2030, due to rise in construction of residential buildings.
North America, followed by Europe and North America, held the lion's share
By region, Asia-Pacific, followed by Europe and North America, dominated the market in 2020, contributing to nearly half of the global earthen plasters market. In addition, the region is expected to portray the highest CAGR of 4.0% during the forecast period, owing to rapid urbanization and industrialization in developing countries in the region. The market across North America is expected to register a CAGR of 2.6% during the forecast period.
Major market players
- Clay.It
- Conluto
- Claytec Baustoffe Aus Lehm
- American Clay Enterprises LLC
- Clayworks
- Earth Plaster Pvt Ltd
- JBR Coatings insulations
- LimeStrong Artisan
- Mike Wye & Associates Ltd.
- New Mexico Clay
Interested in Procure Data? Visit: https://www.alliedmarketresearch.com/purchase-enquiry/15989
Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/library-access
Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenueTrial
Similar Reports We Have:
Alternative Building Materials Market - The alternative building materials market is expected to reach $330,269.80 million by 2030, registering a CAGR of 5.8% from 2021 to 2030.
Green Roof Market
- The green roof market is expected to reach $4,192.0 million by 2027, registering a CAGR of 15.6% from 2020 to 2027.
Roofing Tiles Market - Global roofing tiles market is projected to reach $41,354.9 million by 2027, registering a CAGR of 5.2% from 2020 to 2027.
Green Cement Market
- Global Green Cement Market is anticipated to reach at $36,481 million by 2023, growing at a CAGR of 14.1% from 2017 to 2023.
Pre-Book Now with 10% Discount:
Construction Materials Testing Equipment Market - Global Opportunity Analysis and Industry Forecast, 2020-2030
Non-residential Green Building Market - Global Opportunity Analysis and Industry Forecast, 2021-2030
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285,
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
