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In 2023, dominant market players, including BASF SE, California Stucco Products Corp., Cemex, Dryvit Systems Inc., E. I DuPont DE Nemours. The top companies collectively hold a substantial market share of between 20-25%. This market is a highly fragmented market. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research and development to improve their products and incorporate new technologies, allowing them to stay ahead of the competition.
Major players operating in the stucco industry include: