Fiber Cement Market 2021 Strategic Assessments - Toray Industries Inc., Zykron, James Hardie Building Products Inc

The Fiber Cement Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The market for fiber cement is expected to register a CAGR of more than 5%, during the forecast period.

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Top Leading Companies of Fiber Cement Market are Toray Industries Inc., Zykron, James Hardie Building Products Inc., Plycem, and Etex Group and others.

Key Market Trends

Increasing Demand from Residential Sector

- Fiber cement siding is a product that affixes to the exterior of a house or other structures, owing to its characteristics, such as wear and tear resistance to concrete, it and can help in keeping the house sustainable to some of the harshest elements of the local environments.

- Residential industry is the major end-user industry for fiber cement. The rising middle-class population, coupled with increasing disposable incomes, has facilitated an expansion in the middle-class housing segment. Thus, there is expected to be an increase the use of fiber cement, within the segment, during the forecast period.

- Globally, Asia-Pacific has the largest construction market, which is led by India, China, and various Southeast Asian countries. In India, the government initiated the project, Housing for All by 2022, which is expected to immensely drive the low-cost residential construction segment in the country, throughout the forecast period. Furthermore, under the Pradhanmantri Awas Yojana, the Indian government has taken a decision to provide interest subvention of 3% and 4% for loans of up to USD 18,000 and USD 13,500, respectively, for the lower strata of the society, with respect to buying and building homes.

- In Southeast Asia, Indonesia is one of the largest and fastest-growing markets. The Indonesian government has also started a program to build around one million housing units across the country, for which the government has already set aside around USD one billion from its budget.

Regional Outlook of Fiber Cement Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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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 Fiber Cement 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.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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