Earthen Plasters Market Estimated to Reach US$ 103 Million by 2026 Globally, at a CAGR of 3.5%, says MarketsandMarkets™

Chicago, May 07, 2023 (GLOBE NEWSWIRE) — The global earthen plasters market size is expected to grow from USD 86 million in 2021 to USD 103 million by 2026, at a CAGR of 3.5% during the forecast period, as per the recent study by MarketsandMarkets™. The driving factors for the earthen plasters market is the advantages of clay plasters over other natural plasters, the growth in industrial, commercial & residential construction activities. This driving factor is boosting the demand for earthen plasters industry.

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List of Key Players in Earthen Plasters Market:

1. American Clay Enterprises LLC (US)
2. Clayworks (India)
3. Claytech Baustoffe Aus Lehm (UK)
4. Conluto (Germany)
5. Clay.lt (Lithuania)
6. Others

Drivers, Restraints, Opportunities and Challenges in Earthen Plasters Market:

1. Drivers: Advantages of clay plasters over other natural plasters
2. Restraints: Sensitivity to water and frost
3. Opportunity: Rise in demand for green buildings
4. Challenges: Lack of awareness towards earthen plasters

Key Findings of the Study:

1. Aluminum is expected to be the fastest-growing type in the earthen plasters market during the forecast period.
2. APAC is expected to hold the largest market share in the global earthen plasters market during the forecast period.

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Aluminum is the largest market of earthen plasters with a 28% share, globally. Earthen plasters products are used as a wall finish, consider brickwork, cob, or straw bale interiors or exteriors. It protects the building’s structural and insulating components, as well as the texture and colour.

APAC accounted for the largest share of the earthen plasters market in 2020. The market in the region is growing because of growing demand from roofs, masonary and walls application sectors. The market is also driven by foreign investments, supported by cheap labor and economical and accessible raw materials.

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CONTACT: About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected]

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