Press release
Cement Board Market Report: Size, Share, Trends, Growth, Technology, Analysis And Forecast To 2032
Cement Board Market
The Business Research Company's Cement Board Global Market Report 2023 identifies growing residential and commercial construction as the major driver for the Cement Board market's growth in the forecast period. Residential construction refers to construction of private dwelling residential space whereas commercial construction refers to the design and modelling of properties for commercial use. The cement boards are installed in a diagonal or lateral arrangement to safeguard the building's foundation in residential and construction. Hence, the increasing residential and commercial construction sector is boosting the sales of cement boards.
The global cement board market size is expected to grow from $7.31 billion in 2022 to $7.73 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cement board market size is expected to reach $9.50 billion in 2027 at a CAGR of 5.3%.
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Major competitors in the Cement Board market are BetonWood SRL, Cembrit Holding AS, Everest Industries Limited, Etex Group, Elementia Materiales SAB de CV, HIL Limited, GAF Materials Corporation, James Hardie Industries PLC., Johns Manville, Nichiha Corporation, Saint-Gobain, Atermit, LTM Group LLC, Lato OJSC, Soben Board International, Knauf Gips KG, and TEPE Betopan
A key trend in the Cement Board market includes Product innovations. Companies operating in the cement board market are adopting innovative technologies to sustain their position in the market.
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The Cement Board market is segmented -
1) By Product Type: Fiber Cement Board (FCB), Wood Wool Cement Board (WWCB), Wood Strand Cement Board (WSCB), Cement Bonded Particle Board (CBPB)
2) By Application: Flooring, Exterior and Partition Walls, Roofing, Columns and Beams, Facades, Weatherboard, and Cladding, Acoustic and Thermal Insulation, Other Applications
3) By End User: Residential, Commercial, Industrial And Institutional
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Cement Board market.
The Business Research Company's "Global Cement Board Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cement Board Market Include:
1. Executive Summary
2. Cement Board Market Characteristics
3. Cement Board Market Trends And Strategies
4. Cement Board Market - Macro Economic Scenario
5. Cement Board Market Size And Growth
.......
26. Africa Cement Board Market
27. Cement Board Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cement Board Market
29. Cement Board Market Future Outlook and Potential Analysis
30. Appendix
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