COVID-19 Imapact Analysis - Fiber Cement Market 2020 Analysis by Global Manufacturers - James Hardie Building Products Inc., Zykron, Plycem, Etex Group

Global Fiber Cement Market - Growth, Trends, And Forecast (2020 - 2024)

The report presents an in-depth assessment of the Global Fiber Cement including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Fiber Cement investments from 2020 till 2024.

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The Global Fiber Cement market is highly competitive and consists of a number of major players. Companies, like James Hardie Building Products Inc., Zykron, Plycem, Etex Group, Toray Industries Inc., Cembrit Holding, Nichiha Corporation, The Siam Fibre-Cement Company Ltd, CSR Ltd, Building Materials Corporation of America, TPI Polene Public Company Ltd, Mahaphant Fibre Cement Public Company Ltd among others.

Latest news and developments:

February 14, 2019: James Hardie Building Products Inc., the world leader in fiber cement technology has introduced three new products at the International Builders' Show (IBS) in Las Vegas, February 19-21: Artisan Shingle, HardieSoffit VentedPlus(TM) Panel and HardieBacker Cement Board with HydroDefense(TM) Technology.

-Artisan Shingle, the latest addition to the Aspyre Collection by James Hardie(TM), captures the natural look of cedar shingles, while delivering the uncompromising performance of James Hardie fiber cement.

-HardieSoffit VentedPlus(TM) Panel surpasses code requirements for roof airflow, and saves time and money on installation by reducing the need for additional venting. Its unique design creates maximum air ventilation without allowing insects inside to build nests. HardieSoffit VentedPlus(TM) Panel delivers long-term low maintenance and fire-resistant protection.

- HardieBacker Cement Board with HydroDefense(TM) Technology is the industry's first and only waterproof cement backer board, offering superior performance, easy installation, and unparalleled tile adhesion. Passing ANSI 118.10 for waterproofness, HardieBacker Cement Board with HydroDefense(TM) Technology helps protect tile installations and wall cavities from moisture penetration, eliminating the need to spend extra time applying waterproof coating across the entire surface area of your wall project.

Market Overview

One of the major factors which are driving the market is the increasing demand for energy efficient buildings. However, the threat of substitutes like vinyl & wood siding is expected to hinder the growth of the market studied.

- The sliding segment dominated the market in 2018 and is expected to grow during the forecast period.

- Increasing awareness in emerging economies is likely to act as an opportunity in the future.

- Europe dominated the market across the globe with the largest consumption from countries such as Germany and the United Kingdom.

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Key Market Trends:

Increasing Sliding Application

- Siding is a major application of fiber cement market. The demand is expected to increase during the forecasted period, in response to its superior intrinsic properties.
- Fiber cement is increasingly being popular in both commercial and residential sectors because of the high durability and low maintenance costs associated with it, when compared to wood or vinyl siding. Fiber cement helps in making buildings energy efficient, as insulation made from it can reduce the electricity consumption.
- Fiber cement siding is increasingly used by residential sector in dry weather regions such as China, India, Japan, etc., where wood and masonite were dominant.
- Also, the government targets for the number of energy efficient and green buildings in Europe and United States, are also driving the market.
- Therefore, low maintenance, high durability, and low initial costs are the factors which would increase the demand during the forecasted period.

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The key insights of the Fiber Cement Market report:
The report provides key statistics on the market status of the Fiber Cement market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Fiber Cement market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2024 market development trends of Fiber Cement Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Fiber Cement Industry before evaluating its feasibility.

Finally, Fiber Cement Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Fiber Cement industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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How we have factored the effect of Covid-19 in our report:

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