Press release
Fiber Cement Market Comprehensive Report by Revenue, Packaging Type, by Material (Portland Cement, Sand, Cellulosic Material), Suppliers, Recent Advancement and Forecast from 2022 to 2029
Based on previous market performance, the Fiber Cement market is expected to reach USD 21.5 billion in size by 2029. With a 2.51% CAGR.Fiber Cement Market Overview:
The construction industry's boom is driving the worldwide fiber cement market. Fiber cement is being more widely used in a variety of end-use industries, including residential, commercial, infrastructure, hospitality, and others. Furthermore, the industry is likely to benefit from the increasing rise of the residential sector.
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Growing construction industry, increasing demand due to extreme environmental conditions, considered a safer alternative to other conventional materials, availability of a large variety of fiber cement products, anti-microbial properties of fiber cement products are essential in certain applications, lightweight fiber cement products facilitate transportation and help in cost savings are the major factors driving the market growth globally.
Based on our expert's analysis the players that are leading the market includes: Etex Group NV, James Hardie Industries PLC, Compagnie De Saint Gobain SA, Toray Industries Inc., CSR Limited, The Siam Cement Public Company Limited, Nichiha Corporation, Plycem Corporation, Cembrit Holding A/S, James Hardie, Nichiha Corporation and Others.
The whole market is segmented as follows:
Fiber Cement Market by Material, 2020-2029, (USD Millions)
Portland Cement
Sand
Cellulosic Material (Fiber)
Fiber Cement Market by End-Use, 2020-2029, (USD Millions)
Residential
Non-Residential
Fiber Cement Market by Application, 2020-2029, (USD Millions)
Molding and Trim
Siding
Roofing
Wall Partitions
Flooring
Backer Boards
Industry Developments:
According to the Brazilian Chamber of Construction Industry (CBIC), the Brazilian new-build industry had a very active first half of 2021 in South America.
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Fiber Cement Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.
Regional Analysis:
This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Fiber Cement Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.
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