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Fiber Cement Market

Fiber Cement Market Size, Share & Segment By Product (Boards, Panels, Others), By Application (Siding, Roofing, Flooring, Molding & Trim, Inner Lining, Fire and Acoustic Walls, Partition Wall, Others), By End Use (Residential, Non-residential), By Raw Material (Portland Cement, Silica, Cellulosic Fibers, Others) , and by Region | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1462 | May 2022 | Region: Global | 128 Pages

Report Scope & Overview:

Fibre Cement Market is expected to increase at a CAGR of 4.5% from 2021 to 2028, from USD 17.12  billion in 2021 to USD 23.32 billion in 2028. The demand for fibre cement can be ascribed to an increase in demand for fibre cement materials for construction activities, as a result of increased regulatory regulations on asbestos use around the world. Fiber cement materials are in great demand due to factors such as high demand from contractors for environmentally friendly and sustainable construction products all over the world.

Fiber cement, often known as reinforced fibre cement, is a composite construction material. The majority of it is made up of Portland cement, fine silica (sand), cellulosic material, and other additives. Fiber cement is a low-cost composite material that is fungus, mould, and bacteria resistant, making it more durable. Furthermore, the substance is harmless to the environment and can be put directly in landfills. Boards, panels, and siding made of fibre cement are commonly utilised in the construction of residential and commercial structures due to their fire and impact resistance. Exterior wall cladding, partition walls, ceilings, and aesthetic applications all use fibre cement panels.

Fibre Cement Market Revenue Graph

Market dynamics:

Drivers

  •  Use in the construction industry.

Opportunities

  • Increasing global population

  • High disposable income

  • Rapid adoption of the nuclear family 

Restraints

  • High installation cost

 

Impact of covid-19:

Report on the Economic Situation and Prospects for 2020 Governments around the world have implemented a variety of monetary and fiscal strategies to alleviate the impact of COVID-19, resulting in consumer relief.

COVID-19 had a significant influence on the world economy, wreaking havoc on global trade and affecting households, businesses, financial institutions, industrial enterprises, and infrastructure corporations all at the same time. The global spread of COVID-19 significantly reduced construction activity, affecting the entire fibre cement market volume in 2020. Due to lockdown limitations in several nations, which hampered production activities during the COVID-19 epidemic, the building materials sector saw a significant reduction in terms of trade. Due to the disturbance in logistics, obtaining raw materials was difficult. Because China is the world's largest producer of Portland cement, the spread of COVID-19 had a significant impact on the worldwide fibre cement business.

Market Segmentation:

By Product

  • Boards

  • Panels

  • Others

By Application

  • Siding

  • Roofing

  • Flooring

  • Molding & Trim

  • Inner Lining

  • Fire and Acoustic Walls

  • Partition Wall

  • Others

By End Use

  • Residential

  • Non-residential

By Raw Material

  • Portland Cement

  • Silica

  • Cellulosic Fibers

  • Others

Fibre Cement Market Segment Pie Chart

Key Players:  

James Hardie Industries PLC (Ireland), Allura (US), Cembrit Holding A/S (Denmark), CSR Limited (Australia), Etex Group NV (Belgium), Toray Industries Inc. (US), American Fiber Cement Corporation (US), Nichiha (Japan), GAF (US), Shandong Lutai Building Material Science, Technology Group Co., Ltd (China).

Regional analysis:

Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa have all been investigated for the worldwide fibre cement market. In 2020, Asia-Pacific will account for more than 40% of the worldwide market. Increased governmental and private construction expenditure in countries like India, Thailand, and South Korea is expected to enhance fibre cement demand in the regional market.

The affordable housing dilemma in Germany and the United Kingdom is to blame for Europe's market expansion. Countries in the region are taking steps to repurpose idle properties, increase construction productivity, optimise land use, and improve the design.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • South Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Fibre Cement Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 17.12  Billion
Market Size by 2028 US$ 23.32 Billion
CAGR CAGR of 4.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (Boards, Panels, Others)
• By Application (Siding, Roofing, Flooring, Molding & Trim, Inner Lining, Fire and Acoustic Walls, Partition Wall, Others)
• By End Use (Residential, Non-residential)
• By Raw Material (Portland Cement, Silica, Cellulosic Fibers, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles James Hardie Industries PLC (Ireland), Allura (US), Cembrit Holding A/S (Denmark), CSR Limited (Australia), Etex Group NV (Belgium), Toray Industries Inc. (US), American Fiber Cement Corporation (US), Nichiha (Japan), GAF (US), Shandong Lutai Building Material Science, Technology Group Co., Ltd (China).
DRIVERS •  Use in the construction industry.
RESTRAINTS • Increasing global population
• High disposable income
• Rapid adoption of the nuclear family


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultants, aftermarket players, associations, Research institutes, private and universities libraries, suppliers, and distributors of the product.

Ans: Allura (US), Cembrit Holding A/S (Denmark), CSR Limited (Australia), Etex Group NV (Belgium), Toray Industries Inc. (US), American Fiber Cement Corporation (US), Nichiha (Japan), GAF (US), Shandong Lutai Building Material Science, Technology Group Co., Ltd (China)  are the major Key players of  Fiber Cement

Ans: Use in the construction industry are the Drivers for Fiber Cement Market

Ans: The global fibre cement market is expected to increase at a CAGR of 4.5% from 2021 to 2028

Ans: The global fiber cement market is USD 17.12  billion in 2021 to USD 23.32 billion in 2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Fiber Cement Market Segment, By Product

8.1 Boards

8.2 Panels

8.3 Others

 

9. Global Fiber Cement Market Segment, By Application

9.1 Siding

9.2 Roofing

9.3 Flooring

9.4 Molding & Trim

9.5 Inner Lining

9.6 Fire and Acoustic Walls

9.7 Partition Wall

9.8 Others

 

10. Global Fiber Cement Market Segment, By End Use

10.1 Residential

10.2 Non-residential

 

11. Global Fiber Cement Market Segment, By Raw Material

11.1 Portland Cement

11.2 Silica

11.3 Cellulosic Fibers

11.4 Others

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3 Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4 Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6 Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

 

13. Company Profiles

13.1   James Hardie Industries PLC (Ireland)

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Allura (US)

13.3 Cembrit Holding A/S (Denmark)

13.4 CSR Limited (Australia)

13.5 Etex Group NV (Belgium)

13.6 Toray Industries Inc. (US)

13.7 American Fiber Cement Corporation (US)

13.8 Nichiha (Japan)

13.9 GAF (US)

13.10 Shandong Lutai Building Material Science

13.11 Technology Group Co., Ltd (China).

 

14. Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

 

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Secondary Research

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