openPR Logo
Press release

Fiber Cement Market worth $20.3 billion by 2025 | Key players R Etex Group NV, James Hardie Industries PLC, Evonik Industries AG, Toray Industries Inc, CSR Limited.

09-26-2023 04:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Fiber Cement Market, Fiber Cement, Cement Market, Cement, Fiber Market

Fiber Cement Market, Fiber Cement, Cement Market, Cement, Fiber Market

According to recent market research the "Fiber Cement Market by Material (Portland Cement, Application (Siding, Molding & Trim, Backer boards, Flooring, Roofing, Wall Partitions), End use (Residential, Non-residential) and Region - Global Forecast To 2025", The global fiber cement market size is projected to grow from USD 16.4billion in 2020 to USD 20.3 billion by 2025, at a CAGR of 4.4% from 2020 to 2025.
The global fiber cement market size is projected to grow from USD 16.4 billion in 2020 to USD 20.3 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The market is projected to grow in accordance with the growth of the residential and non-residential sector across the globe. Fiber cement products are known for their properties, such as high strength, durability, fire-proof, and resistance to deterioration from salt or UV rays. These properties of fiber cement products increase their preference in a wide range of applications.

Browse 131 market data Tables and 35 Figures spread through 127 Pages and in-depth TOC on "Fiber Cement Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/fiber-cement-market-186027265.html

Portland cement, by material, accounted for the largest market share in the fiber cement market. Portland cement is the most widely used type of cement, which is used for making concrete and mortar. The chief chemical components of Portland cement are calcium, silica, alumina, and iron. It is a reasonably priced material and is readily available, which makes it one of the widely used materials for construction globally.

Sding, by application, led the fiber cement market in 2019, in terms of value and volume. Siding is the major application of fiber cement in both residential and non-residential constructions. In this application, fiber cement is applied to the exterior sides of the walls to protect them from the effects of extreme weather conditions. Fiber-cement siding also improves the aesthetic appeal of the buildings. Fiber-cement siding is affordable and most suitable for regions having extreme weather conditions.

Non-residential, by end-use, accounted for the most significant demand for fiber cement in 2019, in terms of value and volume. This is primarily due to favorable and lenient lending policies initiated by governments across the world, which is driving the growth of non-residential construction projects. The residential construction spending is estimated to increase, particularly in emerging regions, including Asia Pacific and Latin America. Rapid urbanization is observed in these regions, resulting in a higher growth rate of the residential sector than that of developed regions.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=186027265

The APAC region is projected to lead the fiber cement market, in terms of both value and volume from 2020 to 2025. The country in this region is expected to achieve high growth in the construction sector, and in turn, triggering a huge demand for fiber cement products. Growing construction sector, particularly in rapidly- growing countries such as China and India, huge foreign investments, and growing awareness about the ill-effects of using asbestos, drive the demand for fiber cement products.

R Etex Group NV (Belgium), James Hardie Industries PLC (Ireland), Evonik Industries AG (Germany), Toray Industries Inc (Japan), and CSR Limited (Australia), are the key players operating in the fiber cement market. Expansions & investments, and acquisitions are some of the significant strategies adopted by these key players to enhance their positions in the fiber cement market.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=186027265

James Hardie's strong global presence, coupled with the attractive portfolio of fiber cement, makes it a global player in the fiber cement market. Its expertise in fiber cement building materials, and significant investments in its plants and market development programs have contributed toward its significant position in the market. The adoption of strategic initiatives, e.g., acquisitions, has also contributed to the success of the company. For instance, the acquisition of Fermacell GmbH (Germany) enhanced its fiber cement business in the European market.

Etex Group is one of the most popular companies in building construction in Europe and other regions. The company focuses on the manufacturing process of building products and is a global leader in offering dry and lightweight construction solutions. It provides a wide range of construction solutions to the multi-residential, industrial, as well as commercial sectors, and has worldwide operations. It operates across 42 countries through more than 90 subsidiaries and 113 factories worldwide. The company has 21 factories in America, 76 in Europe, 10 factories in Africa, and six in Asia.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/fiber-cement.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/fiber-cement-market.asp

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fiber Cement Market worth $20.3 billion by 2025 | Key players R Etex Group NV, James Hardie Industries PLC, Evonik Industries AG, Toray Industries Inc, CSR Limited. here

News-ID: 3224224 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Cement

Cement Clinker And Cement Market Global Outlook 2020-2026: UltraTech Cement, Ssa …
The report titled “Cement Clinker And Cement Market” has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts. Click the link to get
2019 Concrete and Cement Market | By Key Competitors: Anhui Conch Cement, CNBM, …
Concrete and Cement Market report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast to 2024 by product, region and application. In addition, this 78 pages of report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. Click here to get sample report copy @ https://www.reporthive.com/enquiry.php?id=1576978&req_type=smpl&utm_source=SN Company Coverage (Sales Revenue,
Cement Market Outlook to 2023 - Shanshui Cement, Hongshi Group, Taiwan Cement, T …
The Global Cement Market report is a proficient and deep dive study on the Cement current state also focuses on the major drivers, Cement market strategies and impressive growth of the key players. Worldwide Cement Industry also offers granular study of the dynamics, revenue, Cement segmentation, share forecasts and allows you to take better business decision. The report serves vital statistics on the Cement market stature of the Cement leading
Cement Market Outlook to 2023 - Shanshui Cement, Hongshi Group, Taiwan Cement, T …
The Global Cement Market report is a proficient and deep dive study on the Cement current state also focuses on the major drivers, Cement market strategies and impressive growth of the key players. Worldwide Cement Industry also offers granular study of the dynamics, revenue, Cement segmentation, share forecasts and allows you to take better business decision. The report serves vital statistics on the Cement market stature of the Cement leading
Cement Market Global Forecast 2018| Studied By CNBM, Hongshi Group, Shanshui Cem …
UpMarketResearch published an exclusive report on “Cement market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 113 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Cement market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report
Cement Market 2023 by Top Companies like: CNBM, Anhui Conch Cement, Tangshan Jid …
In this report, RRI Information covers the present scenario (with the base year being 2017) and the growth prospects of global Cement market for 2018-2023. Cement is a fine mineral powder manufactured with very precise processes. Mixed with water, this powder transforms into a paste that binds and hardens when submerged in water. Because the composition and fineness of the powder may vary, cement has different properties depending upon its makeup. Cements