Fiber Cement Market Share, Size and Demand Report

Global Fiber Cement Market Research Report: Forecast (2024-2030)

Fiber Cement Market - By Material (Cellulosic material, Portland cement, Sand), By Application (Cladding, Roofing, Siding, Molding & Trimming, Backer Boards, Wall Partition, Others), By End-User (Resi... ... ), By End-User (Residential, Non-Residential), By Fiber Type (Polypropylene, PVA, Lignocellulose, Carbon, Others), By Production Process (Hatschek Process, Extrusion Process, Perlite Process), and others Read more

Buildings, Construction, Metals & Mining
Apr 2023
Pages 197
Report Format: PDF, Excel, PPT

Market Definition

Fiber cement is a composite construction material also acknowledged as reinforced fiber cement and is used mainly in roofing & facade works due to its strength & durability. It has several different benefits, including its low cost, fire resistance, water tightness, lightweight, and termite resistance. These properties of such products are easy to work with and low maintenance, making them the ideal choice for professional builders, designers, & architects. In addition, it is fungi, mold, and bacteria resistant, owing to its durability and ability to be disposed of in landfills. Due to these factors, Fiber cement is claimed to be an extraordinary material being non-vulnerable to the environment.

Market Insights & Analysis: Global Fiber Cement Market (2024-30)

The Global Fiber Cement Market size was valued at around USD 19.1 Billion in 2023 and is projected to grow at a CAGR of around 5.6% during the forecast period, i.e., 2024-30. The market is primarily influenced by many advantageous factors, including developing countries getting more exposure to rapidly strengthening urbanization and industrialization. Other than this, the rising demand for eco-friendly material in the construction industry, the non-vulnerability and high durability of fibers, and the ban on asbestos cement products are anticipated to encourage the adoption of fiber cement for building and construction in the long run. As a result, these materials are used widely in several applications, including roofing, cladding, and building facades across both residential & non-residential sectors.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	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
Market Value (2023)	USD 19.1 Billion

Moreover, the surging demand for high diversification in product offerings and the adoption of advanced technologies will offer lucrative growth opportunities for the market in the forthcoming period. However, the need for more skilled labor and the complex procedure of installing products made using such kinds of cement are some prominent factors likely to limit the expansion of the Global Fiber Cement Market during 2024-30.

Global Fiber Cement Market Driver:

Rising Prominence of Fiber Cement as an alternative to Asbestos in the Construction Industry - One of the significant key drivers responsible for the expansion of the market includes the rising prominence of fiber cement in the construction industry. Undoubtedly, the product has plenty of benefits to offer to its end users, and the market is projected to follow the footprints of success during 2024-2030. The growth can be attributed to the ban imposed on asbestos cement products. The International Ban Asbestos Secretariat (IBAS) reports that over 60 countries have enacted complete bans on Asbestos due to its well-known health and safety risks.

Since they are often used for residential construction for rooftop extensions, storage rooms, cottages, farmhouses, site offices, and so on, manufacturers have turned their focus to fiber cement as an alternative to Asbestos, citing their functional similarity. Moreover, due to its extended life, versatility, and attractiveness, paired with its remarkable resistance to fire, weather, warping, and rotting, the product has gained popularity in the construction industry. Such tremendous factors are urging the market to expand exponentially during the projected period.

Global Fiber Cement Market Possible Restraint:

Complications Related to the Installation of Fiber Cement Siding - The shortage of skilled labor and the 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 2024-30. Therefore, a vast understanding of the several nails and guns used in the installation procedure must be improved.

Moreover, it might adversely affect an individual since cutting the sides and edges of the cement emits crystalline silica, which is a harmful human carcinogen. When crystalline silica gets excessively emitted into the air, it enlarges the risk of silicosis, lung cancer, and chronic obstructive pulmonary disease (COPD). Hence, the harmful effects of installing fiber cement necessitate skilled labor, and the lack of it may cause market growth obstacles during the forecast period.

Global Fiber Cement Market Research Report (2024-2030) - Table of Contents

Introduction
1. Product Definition
2. Research Process
3. Market Segmentation
4. Assumptions
Preface
Executive Summary
Impact of COVID-19 on Global Fiber Cement Market
Global Fiber Cement Market Dynamics
1. Growth Drivers
2. Challenges
3. Impact Analysis
Global Fiber Cement Market Policies and Product Standards
Global Fiber Cement Market Trends & Insights
Global Fiber Cement Market Hotspot & Opportunities
Global Fiber Cement Market Key Strategic Imperatives for Success & Growth
Global Fiber Cement Market Analysis, 2019- 2030F
1. Market Size & Analysis
  1. By Value
  2. By Volume
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
North America Fiber Cement Market Outlook, 2019-2030F
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, 2019-2030F
  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, 2019-2030F
  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, 2019-2030F
  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
South America Fiber Cement Market Outlook, 2019-2030F
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, 2019-2030F
  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, 2019-2030F
  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
Europe Fiber Cement Market Outlook, 2019-2030F
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, 2019-2030F
  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, 2019-2030F
  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, 2019-2030F
  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, 2019-2030F
  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
Middle East & Africa Fiber Cement Market Outlook, 2019-2030F
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, 2019-2030F
  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, 2019-2030F
  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
Asia-Pacific Fiber Cement Market Outlook, 2019-2030F
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, 2019-2030F
  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, 2019-2030F
  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, 2019-2030F
  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, 2019-2030F
  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
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
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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