Global Fiber Cement

Global Fiber Cement Market Research Report: Forecast (2021-2026)

By Material (Cellulosic material, Portland cement, Sand), By Application (Cladding, Roofing, Siding, Molding & Trimming, Backer Boards, Wall Partition, Others), By End-User (Residential, Non-Residenti Read more

  • Buildings, Construction, Metals & Mining
  • Jan 2022
  • 197
  • BM33008

Market Definition

In the modern era of construction, there is a high demand for ingredients that are both sustainable & environmentally friendly and can serve adequately for the production of construction materials. As a result, to fulfill this need, natural fibers are being used, along with engineering materials, in construction activities. Due to the versatile nature of natural fibers, a new material, fiber cement, has been explored, which can be combined with construction materials to produce low-cost building materials.

Fiber cement is a composite construction material used mainly in roofing & façade works due to its strength & durability. It is a mixture of cellulose fiber or asbestos, Portland cement, sand, water, and a small amount of other chemical additives used for providing products with particular characteristics. The advantages of fiber cement are its low cost, fire resistance, water tightness, lightweight, and termite resistance. These properties of fiber cement products are easy to work within low maintenance, making them the ideal choice for professional builders, designers, & architects.

Market insights

The Global Fiber Cement Market is anticipated to grow at a CAGR of around 5.6% during the forecast period, i.e., 2021-26. The growth of the market is driven primarily by the rapid industrialization & urbanization in developing countries. The booming construction industry and rising restrictions on the use of asbestos worldwide are other crucial factors driving the global market. Additionally, mounting usage of fiber cement for manufacturing faced & roofing products due to its high durability & strength is also augmenting the fiber cement market growth globally. 

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 5.6%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, UK, France, Italy
Asia-Pacific: China, India, Japan, South Korea
South America: Brazil, Argentina
Middle East & Africa: Saudi Arabia, South Africa, Rest of the Middle East & Africa
Key Companies Profiled James Hardie Industries PLC (Ireland), Allura (US), Cembrit Holding A/S (Denmark), Etex Group NV (Belgium), American Fiber Cement Corporation (US), Toray Industries Inc. (Japan), Nichiha (Japan), Cembrit Holding A/S (Denmark), CSR Limited (Australia), Elementia
Unit Denominations USD Million/Billion

 

Moreover, the surging demand for environmentally friendly & sustainable construction materials is also fueling the usage of fiber cement in construction activities. Fiber cement is used widely in several applications, including roofing, cladding, and building facades across both residential & non-residential sectors. However, shortage of skilled labor and complex procedure of installing products made using fiber cement are some prominent factors that might hinder the growth of the Global Fiber Cement Market during 2021-26. However, the surging demand for high diversification in product offerings and adoption of advanced technologies will offer lucrative growth opportunities for the Fiber Cement Market in the forthcoming timeline.

Impact of Covid-19 on the Global Fiber Cement Market

The Covid-19 pandemic in 2020 has adversely impacted the economy & disrupted several businesses & industrial establishments worldwide. Construction is one such industry that has been adversely impacted due to the pandemic since most construction projects got jeopardized due to lockdown and mass exodus of migrant workers. Hence, due to the turmoil in the construction industry, the pandemic has negatively impacted the Fiber Cement Market.

The construction sector witnessed a simultaneous reduction in both demand & supply amidst the pandemic. Since the construction sector is driven primarily by infrastructural projects, it got adversely hit due to project delays. Significant income losses and diversion of government funds toward Covid-19 management have also negatively influenced the construction industry.

Moreover, the shutdown of manufacturing units, labor shortages, and supply chain issues are some prominent aspects that led to the declining growth of the fiber cement market. Also, the falling demand for construction projects due to the poor business sentiments, lower operating surpluses, & incomes severely impacted the market growth. Additionally, low economic activity in other sectors has also affected construction services through forwarding linkages. Hence, the negative impact on construction activities has directly influenced the Global Fiber Cement Market amidst the pandemic.

However, with the upliftment of lockdown, the construction industry has been significantly different, principally due to the rapid adoption of advanced technologies within the sector. Moreover, resumption in most construction projects would propel the fiber cement market growth in the forecast period.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global Fiber Cement Market
  5. Global Fiber Cement Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  6. Global Fiber Cement Market Policies and Product Standards
  7. Global Fiber Cement Market Trends & Insights
  8. Global Fiber Cement Market Hotspot & Opportunities
  9. Global Fiber Cement Market Key Strategic Imperatives for Success & Growth
  10. Global Fiber Cement Market Analysis, 2016- 2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
  11. Market Share & Analysis
    1. By Material
      1. Cellulosic Material
      2. Portland Cement
      3. Sand
    2. By Application
      1. Cladding
      2. Roofing
      3. Siding
      4. Molding & Trimming
      5. Backer Boards
      6. Wall Partition
      7. Others
    3. By End-Users
      1. Residential
      2. Non-Residential
    4. By Fiber Type
      1. Polypropylene
      2. PVA
      3. Lignocellulose
      4. Carbon
      5. Others
    5. By Production Process
      1. Hatschek Process
      2. Extrusion Process
      3. Perlite Process
    6. By Region
      1. North America
      2. Europe
      3. Asia-Pacific
      4. South America
      5. Middle East & Africa
    7. By Company
      1. Competition Characteristics
      2. Market Share & Analysis
      3. Competitive Matrix
  12. North America Fiber Cement Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Material
      2. By Application
      3. By End-Users
      4. By Fiber Type
      5. By Production Process
      6. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process  
    4. Canada Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
    5. The Mexico Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
  13. South America Fiber Cement Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Material
      2. By Application
      3. By End-Users
      4. By Fiber Type
      5. By Production Process
      6. By Country
        1. Brazil
        2. Argentina
    3. Brazil Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
    4. Argentina Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
  14. Europe Fiber Cement Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Material
      2. By Application
      3. By End-Users
      4. By Fiber Type
      5. By Production Process
      6. By Country
        1. The UK
        2. Italy
        3. Germany
        4. France
        5. Others
    3. The UK Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
    4. Italy Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
    5. Germany Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
    6. France Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
  15. Middle East & Africa Fiber Cement Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Material
      2. By Application
      3. By End-Users
      4. By Fiber Type
      5. By Production Process
      6. By Country
        1. Saudi Arabia
        2. South Africa
        3. Rest of the Middle East & Africa
    3. Saudi Arabia Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
    4. South Africa Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
  16. Asia-Pacific Fiber Cement Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Material
      2. By Application
      3. By End-Users
      4. By Fiber Type
      5. By Production Process
      6. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Others
    3. China Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
    4. Japan Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
    5. India Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
    6. South Korea Fiber Cement Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
        3. By End-Users
        4. By Fiber Type
        5. By Production Process
  17. Competition Outlook
    1. Competition Matrix
      1. Product/ Solution Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. James Hardie Industries PLC (Ireland)
      2.  Allura (US)
      3. Cembrit Holding A/S (Denmark)
      4. Etex Group NV (Belgium)
      5. American Fiber Cement Corporation (US)
      6. Toray Industries Inc. (Japan)
      7. Nichiha (Japan)
      8. Cembrit Holding A/S (Denmark)
      9. CSR Limited (Australia)
      10. Elementia
  18. Disclaimer
Global Fiber Cement Market Segmentation
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