Cement Board Market 2021 Analysis by Global Manufacturers - CERTAINTEED, Everest Industries Ltd, GAF, HIL Limited, Owens Corning, Johns Manvill

The Global Cement Board Market Report 2021-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Cement Board data that enhances the understanding, scope, and application of this report. The study includes market share analysis and profiles of players such as BetonWood Srl, BNBM Suzhou Co. Ltd, CERTAINTEED, Everest Industries Ltd, GAF, HIL Limited, James Hardie Building Products Inc., Johns Manville, Knauf Gips KG, Owens Corning, and others.

The market for cement board market is expected to register a CAGR of around 5.5% during the forecast period.

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Key Market Trends:

Increasing Demand from Fiber Cement Board

- Fiber Cement boards (FCB) are panel boards, where there is fiber reinforcement with cement, which contributes to making the fiber-cement material even stronger. Together with a carefully planned production process, fiber cement makes it possible to develop strong and long-lasting construction materials.
- Today, fiber cement is considered as a material physically suited for construction products, such as cladding and roofing. It is primarily due to its function, performance, and commercial value.
- Fiber-cement products have found wide usage in various sectors of construction: industrial, agricultural, domestic and residential buildings, mainly in roofing and cladding applications, for new constructions and refurbishment projects.
- FCB is the fastest emerging panel boards globally, supported by increasing manufacturing capacities. With increasing awareness among contractors-carpenters and other input providers, the market is expanding very fast, and is expected to remain the same during the forecast period.

North America to Dominate the Market

- The United States dominated the North American cement board market, owing to the increasing construction activities in the country.
- The United States is the world’s largest and most powerful economy in the world, with a per capita income of around USD 60,200.
- The growing residential and commercial construction sectors in the country are expected to drive the demand for cement boards, during the forecast period.
- The US residential sector’s growth is slower than the non-residential sector. In the country, the growing population is expected to boost the demand for housing. Furthermore, about 20 million households are projected to be constructed over the next decade. The US commercial construction sector is expected to witness growth in the next few years.
- Furthermore, the Canadian construction industry is witnessing growth in a few major cities, such as Toronto and Vancouver. In these cities, developers are registering good profits on investment, mainly with high-density residential projects.
- Therefore from the above mentioned points the demand for cement board is expected to increase during the forecast period.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Cement Board Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.                      

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