Fiber Cement Board Market 2019 Analyzed by Top 5 Key Players by Size, revenue and Forecasts To 2023

Fiber cement boards are defined as a composite material made up of sand, cement and cellulose fibers (plant extracts). Moreover, being a cement-based composite material it possesses properties such as decay and fire resistance, dimensional stability, as well as good mechanical properties among other properties.

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These boards are different from a normal cement board as it majorly useful in decorative purposes such as sidings, flooring, ceiling, roofing materials, soffit, and trims, and as a tile backing board. Fiber cement-based boards are being extensively employed in the construction industry. These are also being utilized in domestic housing needs as well as for commercial building construction.

The market is witnessing significant growth owing to its utilization as siding inside the house such as bathrooms and kitchens, owing to its durable and water resistant as well as waterproof nature. In addition, accelerating construction expenditures, specifically in new housing, will spur demand. The adoption of fiber cement board has increased in prime end-use industries, namely residential, commercial and others. In addition, the rapid growth of the residential sector is another factor boosting the market growth.

However, inefficient labor workforce lacking the knowledge of fiberboard utilization is expected to hamper the market growth. However, companies offer training to workers through formal vocational education programs to ensure optimal use of equipment acts as a growing opportunity for market growth.

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The report segments the cryogenic fuels market on the basis of type, application, raw material, and geography. Based on the type, it is divided into a low density, medium density, and high-density fiberboard. Based on application, the market is segmented as commercial building and residential buildings. Based on raw material, the market is segmented as Portland cement and silica. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

Comprehensive competitive analysis and profiles of major market players include: -

- James Hardie Industries PLC
- Etex Group NV
- Cembrit
- Mahaphant Fibre Cement Co., Ltd.
- Elementia, S.A.B de C.V.
- Everest Industries
- Saint-Gobain
- Hume Cemboard Industries
- Nichiha Corporation
- Soben board

Key Benefits
This report provides a quantitative analysis of the current trends and estimations from 2017 to 2023 of the global fiber cement board market to identify the prevailing market opportunities. Major countries in each region are mapped according to individual market revenue. Comprehensive analysis of factors that drive and restrict the market growth is provided. An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors. Key players and their key developments in recent years are listed.

Fiber Cement Board Market Key Segments:

By Type
- Low-Density Fiber Cement Board
- Medium Density Fiber Cement Board
- High-Density Fiber Cement Board

By Application
- Commercial Buildings
- Residential Buildings

By Raw Material
- Portland Cement
- Silica

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