Fiber Cement Global Market Share, Size, Outlook, By Raw Material, By Fiber Type, By Production Process, By Application, By Region And Opportunity Analysis, 2022-2031

The global fiber cement market report by the business research company identifies increasing expenditure on construction is expected to propel the growth of the fiber cement market. With the increase in the construction industry, the use of high efficiency and sustainable fiber cement affixes to the exterior of both residential and commercial spaces due to its characteristics that include resistance to wear and tear to concrete along with benefiting the residential space has increased. For instance, according to the Office of National Statistics UK, the monthly construction output increased by 3.5% in volume in November 2021. Also, according to Invest India, an India-based national investment promotion and facilitation agency, the construction industry in India is expected to reach $1.4 trillion by 2025. Therefore, increasing expenditure in construction is driving the growth of the fiber cement market.

The global fiber cement market size is expected to grow from $14.37 billion in 2021 to $15.40 billion in 2022 at a compound annual growth rate (CAGR) of 7.13%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The fiber cement market is expected to reach $21.30 billion in 2026 at a CAGR of 8.45%.

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The regions covered in the fiber cement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the fiber cement market are American Fiber Cement Corporation, Cembrit Holding, CSR Limited, Etex Group, James Hardie Industries PLC, Nichiha Corporation, Plycem, SCG Building Materials, Shandong cement, Zykron, Allura, Alpha Roofing industries, LLC, GAF, and Swiss pearl.

The global fiber cement market is segmented -
1) By Raw Material: Cellulosic Fiber, Portland Cement, Silica
2) By Application: Siding, Roofing, Cladding, Molding and Trimming, Others
3) By End-User: Residential, Non-Residential

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The Fiber Cement Market Report Contents Include
1. Executive Summary
2. Fiber Cement Market Characteristics
3. Fiber Cement Market Trends And Strategies
4. Impact Of COVID-19 On Fiber Cement
5. Fiber Cement Market Size And Growth
.....
26. Africa Fiber Cement Market
27. Fiber Cement Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fiber Cement Market
29. Fiber Cement Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the fiber cement market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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