Press release
North America Fiber Cement Siding Market to Hit US$ 2,648.60 Million by 2028 to Grow Steady at 5.6 % CAGR | Allure, ETEX Group, GAF
The Fiber Cement siding market in North America is expected to grow from US$ 1,809.75 million in 2021 to US$ 2,648.60 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028.Commercial and residential housing constructions are continuously growing. Further, strong economic conditions and low housing loan interest rates would help in maintaining the expansion of construction activities in North America.
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The residential sector accounted for 44% of total North America construction in 2020, making it the largest subsector and a key driver of North America's fiber cement siding market growth. This growth is attributed to the surge in demand for houses because of record-low interest rates, an improving outlook for growth in sustained employment, and government programs such as HomeBuilder.
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Major Key players covered in this report:
• Allure
• ETEX Group
• GAF
• James Hardie Industries Plc
• Nichiha Co., Ltd.
• Toray Industries, Inc.
NORTH AMERICA FIBER CEMENT SIDING MARKET SEGMENTATION
North America Fiber Cement Siding Market, by Material
• Portland Cement
• Silica
• Cellulosic Fiber
• Others
North America Fiber Cement Siding Market, by Type
• Clapboard
• Shingles
• Stone or Stucco
North America Fiber Cement Siding Market, by End-User
• Residential
• Commercial
Order a Copy of this North America Fiber Cement Siding Market research report at - https://www.businessmarketinsights.com/buy/single/TIPRE00028704/?utm_source=OpenPR&utm_medium=10470
The research on the North America Fiber Cement Siding market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor's methodologies. The research also segments the North America Fiber Cement Siding market on the basis of end user, product type, application, and demography for the forecast period 2021-2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Fiber Cement Siding market.
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