Fiber Cement Market Key Manufacturers Development Trends and Competitive Analysis 2028

The "Fiber Cement Market" size is expected to grow from US$ 21,748.45 million in 2022 to US$ 33,052.23 million by 2028; it is estimated to register a CAGR of 7.2% from 2022 to 2028.

Fiber cement is a building material made with cement, sand, and cellulose fibers. It is commonly used in construction for siding, roofing, and trim due to its durability and resistance to various environmental factors. Fiber cement is manufactured through autoclaving, which involves pressurized steam curing to increase its strength and durability. It is also manufactured by air-curing, in which it is left to cure naturally for several days. Additionally, fiber cement is an eco-friendly material as it is made from natural and sustainable materials.

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Companies Profiled in this report includes:

• James Hardie Industries plc
• Etex NV
• Swisspearl Group AG
• CSR Ltd
• NICHIHA Corp
• Plycem Construsistemas Costa Rica SA
• Compagnie de Saint Gobain SA
• Century Plyboards Ltd
• Everest Industries Ltd
• Isam Khairi Kabbani Group

In 2022, Asia Pacific held the largest revenue share of the global fiber cement market. Various advantages of using fiber cement over other alternatives are driving the fiber cement market growth in the region. Moreover, Australia, China, India, Japan, and South Korea are among the key contributors to the fiber cement market in Asia Pacific. This region has been noticed as one of the prominent markets for the utilization of fiber cement boards owing to the surge in construction activities. Moreover, government initiatives and policies such as Make-in-India encourage the setup of different manufacturing plants in India. Rising foreign direct investments also lead to economic growth in the region. The growing number of fiber cement board uses in numerous residential and nonresidential sectors is anticipated to increase the fiber cement board demand in Asia Pacific. The building & construction industry is a strong contributor to the market's growth. In India, the construction industry is the second largest industry after agriculture, accounting for about 11% of the country's GDP. Moreover, many foreign and domestic investors are investing in the residential construction sector in Japan. All these factors drive the demand for fiber cement in Asia Pacific.
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Fiber Cement Market Segmentation:

By Type:
• Air-cured
• Autoclaved

By Application:
• Roofing
• Outside Siding o Façade
• Others

End-Use:
• Residential
• Non-Residential

Fiber cement outside siding or fa?ade is an alternative to traditional wood and vinyl siding or fa?ade. It is available in a variety of textures and colors and can be designed to mimic the appearance of other materials such as wood or metal. They are also accessible in different sizes and shapes, allowing architects and builders to create unique and visually appealing designs. One of the key advantages of fiber cement sidings or facades is their durability and resistance to weathering. They are resistant to rot, mold, and pests and can withstand harsh temperatures, UV radiation, and moisture. All these properties make fiber cement siding or fa?ade an ideal choice for buildings located in harsh or humid environments.

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