The growth of the EIFS market in this region is propelled by factors such as the growth of both residential and non-residential construction and increasing demand for thermal insulation. Also, the growing population and economic development are other factors driving the EIFS market.

The growing emphasis on the reduction of greenhouse gases has led to the growth of the EIFS market over the last few years. Also, focus on energy efficient solution in the construction industry is the driving factor of the EIFS market. Availability of the green insulation material made of a mixture of hemp fibers and cement-like binder known as Hemp Crete. This is the major restraint for the growth of the EIFS market. However, increased energy efficiency of the buildings followed by low operating cost due to EIFS is a major factor which leads toward the growth of the EIFS market. Rise in number of standards in building code, increase in in population, and surge in per capita income of the people are expected to drive the growth of the EIFS market. In addition, continuous improvement in the government budgets for the construction of residential and non-residential industry are the major opportunities in the growth of the market. Further, increase in demand for thermal insulation in residential and non-residential construction industry alongwith surge in adoption of green building standards and rebates and tax credit policies for EIFS is another leading opportunity for the growth of the market in near future.

Get Report Detail: https://www.insightslice.com/request-discount/265

Today, the situation is much clearer. As sustainable design and green construction continue to grow in mainstream prominence, a particular advantage of EIFS is being cited—its lower impacts over the building lifecycle cost, mainly because it has a smaller ecological footprint compared to other traditional claddings.

A brief history of EIFS

EIFS is a composite wall cladding system that typically comprises:

insulation board made of expanded polystyrene or other similar materials;

adhesive and/or mechanical fastener to attach the insulation board to a substrate (and/or mechanical fasteners for special substrate conditions);

reinforcing mesh for impact and fire resistance;

base coat to embed the reinforcing mesh and provide weather resistance; and

decorative and durable finish coat.

Drainage systems also include a liquid-applied air and water-resistive barrier (WRB), which can be designed as a vapour control layer and adhesive applied with vertical notched trowel to facilitate drainage of incidental moisture at window heads and through-wall-flashings. In some cases, geometrically shaped expanded polystyrene (EPS) is used to create drainage pathways on the conceal face of the insulation.