Global Fiber Cement Board Market Overview
Fiber cement is also termed as composite building material or construction material of wood fibers, water, Portland cement, and silica, which is applicable in construction activities. They possess excellent properties such as high durability, versatility, resistance to water, thermal insulation, high strength and flexibility. Hence, it is extensively utilized in manufacturing roofing and façade products. Professional builders, homeowners, and contractors have favored them to asbestos cement products. These products have low maintenance cost, therefore, widely used in the siding, trimming, roofing, and other areas. Fiber cement enhances performance and reduces the commercial value. In addition, it provides benefits for construction products such as cladding and roofing.
Global Fiber Cement Board Market Dynamics
Rising demand from residential sector
Fiber cement siding has wide range of features such as wear and tear resistance to concrete which in turn fixes to the exterior of a house or other structures. Further, it can provide sustainability to the house by some of the harshest elements of the local environments. Residential industry is the chief end-user industry for fiber cement. Growing middle-class population, along with rising disposable incomes, has aided to an expansion in the middle-class housing segment. Thus, there is increased in the projection of fiber cement use, within the segment, over the forecast period.
Increasing government initiatives
Across the globe, Asia-Pacific has the highest construction market, which is dominated by India, China, and various Southeast Asian countries. The government initiated the project in India, called ‘Housing for All by 2022’, which is projected to massively boost the low-cost residential construction segment in the country, over the forecast period. Additionally, the Indian government has taken a decision under the Pradhanmantri Awas Yojana, to provide interest subvention of 3% and 4% for loans of up to US$ 18,000 and US$ 13,500, respectively, for the lower strata of the society, with respect to building and buying homes.
Conversely, the subsequent maintenance costs and high initial installation cost of fiber cement board might limit the target market growth. Lack of skilled labor required for installation of these boards is another major factor restraining target market growth.
Global Fiber Cement Board Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The global fiber cement board market is segmented based on type, raw material, application, and region.
On the basis of type, the global fiber cement board market is segmented into low density fiber cement board, medium density fiber cement board, and high density fiber cement board. Based on raw material, the target market is segmented into sand, portland cement, cellulosic material, and others. On the basis of application, the target market is classified into commercial buildings and residential buildings
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the global fiber cement board market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to maintain its dominance over the forecast period, due to rapidly growing construction activities in contributed for the higher demand for fiber cement. Additionally, growing demand for fiber cement in emerging economies such as North America and Europe due to presence of stringent regulations and the turnaround of manufacturing industries is projected to show substantial growth in the coming years. The U.S. and Japan are measured the fastest growing markets for fiber cement and are projected to continue this growth trend over the forecast period. The residential sector is expected to grow rapidly in emerging nations such as India, China, and Canada.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2019 |
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Forecast period |
2019 – 2027 |
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Market representation |
Revenue in USD Million & CAGR from 2019 – 2027 |
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Market Segmentation |
By Type - Low Density Fiber Cement Board, Medium Density Fiber Cement Board, and High Density Fiber Cement Board By Raw Material– Sand, Portland Cement, Cellulosic Material, and Others By Application - Commercial Buildings and Residential Buildings |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2019 to 2027. For the purpose of this study, has segmented the global fiber cement board market report based on type, raw material, application, and region.
Global Fiber Cement Board Market, By Type:
- Low Density Fiber Cement Board
- Medium Density Fiber Cement Board
- High Density Fiber Cement Board
Global Fiber Cement Board Market, By Raw Material:
- Sand
- Portland Cement
- Cellulosic Material
- Others
Global Fiber Cement Board Market, By Application:
- Commercial Buildings
- Residential Buildings
Global Fiber Cement Board Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Fiber Cement Board Market Key Players
The key players operating the global fiber cement board market includes Elementia SA de CV, SCG Building Materials, Allura USA, Thai Olympic Fibre-cement Co., Ltd., Swisspearl, PENNY PANEL, Plycem Corporation, FRAMECAD, LTM LLC, and TEPE Betopan. Many key players have developed advanced technologies for manufacturing products that meet strict quality standards adopted by regulatory authorities. Moreover, companies are heavily investing in research and development in order to introduce new and improved products in the market. For instance, in August 2018, Elementia, S.A.B. de C.V. declared the launch of a cement grinding facility in Yucatan, Mexico; with a total investment possibly reaching US$ 30 million, starting with a production line that has an installed capacity of over 250,000 tons annually.
Global Fiber Cement Board Market Company Profile
- Elementia SA de CV
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial PerRaw Materialance
- Business Strategies
- SCG Building Materials
- Allura USA
- Thai Olympic Fibre-cement Co., Ltd.
- Swisspearl
- PENNY PANEL
- Plycem Corporation
- FRAMECAD, LTM LLC
- TEPE Betopan
“*” marked represents similar segmentation in other categories in the respective section
Global Fiber Cement Board Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Fiber Cement Board Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Raw Material
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Fiber Cement Board Market, By Type, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Low Density Fiber Cement Board
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Medium Density Fiber Cement Board
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- High Density Fiber Cement Board
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Overview
- Global Fiber Cement Board Market, By Raw Material, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Sand
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Portland Cement
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Cellulosic Material
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Overview
- Global Fiber Cement Board Market, By Application, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Commercial Buildings
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Residential Buildings
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Overview
- Global Fiber Cement Board Market, By Region, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Raw Material, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Raw Material, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Raw Material, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Raw Material, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Raw Material, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Elementia SA de CV
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- SCG Building Materials
- Allura USA
- Thai Olympic Fibre-cement Co., Ltd.
- Swisspearl
- PENNY PANEL
- Plycem Corporation
- FRAMECAD, LTM LLC
- TEPE Betopan
- Elementia SA de CV
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Fiber Cement Board Market is segmented into Type, Raw Material, Application, and Region
The growth of the Fiber Cement Board Market is driven by various factors, including the increasing demand for durable and fire-resistant construction materials, the rise in construction activities worldwide, and the advantages offered by fiber cement boards in terms of sustainability and versatility.
Challenges faced by the Fiber Cement Board Market include competition from alternative building materials, fluctuating raw material prices, and regulatory considerations. These factors may act as restraints on the global expansion of the fiber cement board industry.
The report considers regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa for analysis. The region of ABC is estimated to witness a significantly high revenue share over the forecast period, indicating its dominance in the Fiber Cement Board Market.
The key players operating in the target market include SCG Building Materials, Allura USA, Thai Olympic Fibre-cement Co., Ltd., Swisspearl, PENNY PANEL, Plycem Corporation, FRAMECAD, LTM LLC, TEPE Betopan, and Elementia SA de CV.