Product Code: CMI5229
The fiber cement market is estimated to be valued at USD 16.81 Bn in 2024 and is expected to reach USD 22.27 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 16.81 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.10% |
2031 Value Projection: |
US$ 22.27 Bn |
Figure. Fiber Cement Market Share (%), By Region 2024
Fiber cement is a composite material made of cement, sand, and cellulose fibers. It provides excellent durability and longevity as the reinforcement of cellulose fibers prevents cracks within the cement. Some key properties of fiber cement include moisture and impact resistance along with fire, termite, and weatherproof abilities. These characteristics have increased its popularity as a substitute for traditional siding and roofing materials in the construction industry. The global fiber cement market has witnessed steady growth over the past decade and is projected to further expand significantly during the forecast period driven by rising building construction activities and growing remodeling expenditure worldwide.
Market Dynamics:
Expanding construction industry, rapid urbanization, increasing disposable income, and favorable government regulations for energy-efficient buildings are some of the major factors propelling the growth of the global fiber cement market. However, the market faces restraints from high production costs and availability of substitutes such as vinyl siding. Ongoing innovations to develop eco-friendly and sustainable fiber cement products with enhanced properties present lucrative opportunities for market players. Key companies are focusing on new product launches, partnerships, and mergers & acquisitions to strengthen their market position.
Key Features of the Study:
- This report provides in-depth analysis of the global fiber cement market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global fiber cement market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include American Fiber Cement Corporation, Etex group, Elementia Materials, Everest Industries Limited, James Hardie Industries PLC, Johns Manville, Knauf Gips KG, Saint-Gobain, BetonWood Srl, Cembrit Holding A/S, HIL Limited, GAF, NICHIHA Co. Ltd, Allura , CSR Limited , Toray Industries Inc. , SHERA Europe, EcoPro, Briarwood Products, and Eternit
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global fiber cement market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fiber cement market
Detailed Segmentation-
- Product Type:
- Flat Sheets
- Boards
- Panels
- Others
- Application:
- Exterior Walls
- Roofing
- Floors
- Ceilings
- Partitions
- Others
- Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- American Fiber Cement Corporation
- Etex group
- Elementia Materials
- Everest Industries Limited
- James Hardie Industries PLC
- Johns Manville
- Knauf Gips KG
- Saint-Gobain
- BetonWood Srl
- Cembrit Holding A/S
- HIL Limited
- GAF
- NICHIHA Co. Ltd
- Allura
- CSR Limited
- Toray Industries Inc.
- SHERA Europe
- EcoPro
- Briarwood Products
- Eternit
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Fiber Cement Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Fiber Cement Market
- Impact Analysis
5. Global Fiber Cement Market, By Product Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Flat Sheets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Boards
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Panels
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
6. Global Fiber Cement Market, By Application, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Exterior Walls
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Roofing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Floors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Ceilings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Partitions
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
7. Global Fiber Cement Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East & Africa
8. Competitive Landscape
- Market Share Analysis
- Company Profiles
- American Fiber Cement Corporation
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Etex group
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Elementia Materials
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Everest Industries Limited
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- James Hardie Industries PLC
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Johns Manville
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Knauf Gips KG
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Saint-Gobain
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- BetonWood Srl
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Cembrit Holding A/S
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- HIL Limited
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- GAF
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- NICHIHA Co. Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Allura
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- CSR Limited
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Toray Industries Inc.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- SHERA Europe
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- EcoPro
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Briarwood Products
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Eternit
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Section
- References
- Research Methodology
- About Us and Sales Contact
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