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 2022 to 2030, from USD 17.97 billion in 2022 to USD 25.55 billion in 2030. 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.
Use in the construction industry.
Increasing global population
High disposable income
Rapid adoption of the nuclear family
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.
Molding & Trim
Fire and Acoustic Walls
By End Use
By Raw Material
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).
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 17.97 Billion|
|Market Size by 2030||US$ 25.55 Billion|
|CAGR||CAGR of 4.5% From 2023 to 2030|
|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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
220.127.116.11 United Kingdom
18.104.22.168 South Korea
22.214.171.124 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Fiber Cement Market Segment, By Product
9. Global Fiber Cement Market Segment, By Application
9.4 Molding & Trim
9.5 Inner Lining
9.6 Fire and Acoustic Walls
9.7 Partition Wall
10. Global Fiber Cement Market Segment, By End Use
11. Global Fiber Cement Market Segment, By Raw Material
11.1 Portland Cement
11.3 Cellulosic Fibers
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1 James Hardie Industries PLC (Ireland)
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
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