Market Overview:
The global fiber cement market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fiber cement in commercial and residential buildings. Fiber cement is a composite material that consists of Portland cement, sand, cellulose fibers, and water. It is used as an alternative to traditional building materials such as concrete, masonry, and wood. Low density fiber cement (LDFC), medium density fiber cement (MDFC), and high density fiber cement (HDFC) are the three types of fiber cements available in the market. LDFC is mainly used for roofing applications owing to its lightweight properties; MDFC finds application in both roofing and cladding applications; while HDFC is used for structural applications such as columns, beams, walls etc.
Product Definition:
A fiber-cement siding product is a mix of cement, sand, cellulose fibers and water. It is usually applied over an existing surface such as wood or metal. The finished product has the appearance and texture of concrete but it is lighter in weight and easier to work with than traditional concrete. Fiber-cement products are also non-combustible, moisture resistant and insect proof.
Low Density Fiber Cement:
Low-density fiber cement (LDFC) is a type of cement, which contains very small particles (0.063 - 0.085 mm.) and is used for the production of fiber reinforced plastic composites.
Medium Density Fiber Cement:
Medium Density Fiber Cement (MDFC) is a type of fiber cement that contains cellulose fibers as its main raw material. Cellulose fibers are produced from wood pulp, natural resources or manufactured materials. The most commonly used raw materials for manufacturing MDFC include wood pulps and recycled paper pulps.
Application Insights:
The commercial buildings segment led the global market and accounted for more than 54.0% share of the overall revenue in 2017. The growth is attributed to increasing construction activities in commercial buildings, such as offices, retail spaces, hospitals and clinics on account of growing businesses across all major economies globally.
Fiber cements are increasingly used for residential applications owing to their benefits including cost-effectiveness and ease of installation over conventional concrete products. Fiber reinforced composites have been witnessing increased demand from various end-use industries owing to their lightweight properties which reduce the weight of a structure thereby improving fuel efficiency and reducing emissions during transportation. Increasing use as an alternative to asbestos fibers mineral wool has also been encouraging manufacturers across different regions globally due largely in part that fiber cements do not contain any harmful elements like asbestos or talc which are commonly found minerals wool products containing other materials such as glass fiber etc.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 35.0% in 2017. This is attributed to the presence of key players such as Belden Inc.; Constellium N.V.; and Kester Solderables LLC, along with high product demand for use in various applications including construction, automotive, electronics and medical among others across this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing infrastructure development activities coupled with rising population especially in China and India among other countries are likely to drive product demand across this region from 2018 to 2030.
Growth Factors:
- Increasing demand for fiber cement in the construction industry as a low-cost and durable material.
- Rising awareness about the benefits of fiber cement among consumers, builders, and architects.
- Growing popularity of fiber cement among green building enthusiasts for its sustainable properties.
- Technological advancements that have led to the development of new products and applications for fiber cement.
- Expansion of distribution channels that is making these products more accessible to consumers across regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Cement Market Research Report
By Type
Low Density Fiber Cement, Medium Density Fiber Cement, High Density Fiber Cement
By Application
Commercial Buildings, Residential Buildings
By Companies
James Hardie, Etex Group, Cembrit, Mahaphant, Elementia, Everest Industries, Saint-Gobain, Hume Cemboard Industries, HeaderBoard Building Materials, Soben board, SCG Building Materials, Kmew, PENNY PANEL, Nichiha, Lato JSC, Visaka Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Cement Market Report Segments:
The global Fiber Cement market is segmented on the basis of:
Types
Low Density Fiber Cement, Medium Density Fiber Cement, High Density Fiber Cement
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Buildings, Residential Buildings
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- James Hardie
- Etex Group
- Cembrit
- Mahaphant
- Elementia
- Everest Industries
- Saint-Gobain
- Hume Cemboard Industries
- HeaderBoard Building Materials
- Soben board
- SCG Building Materials
- Kmew
- PENNY PANEL
- Nichiha
- Lato JSC
- Visaka Industries
Highlights of The Fiber Cement Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Density Fiber Cement
- Medium Density Fiber Cement
- High Density Fiber Cement
- By Application:
- Commercial Buildings
- Residential Buildings
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fiber Cement Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fiber cement is a type of concrete that is made up of small pieces of fiberglass or other types of fibers. The small pieces make the cement stronger and more resistant to cracking.
Some of the major players in the fiber cement market are James Hardie, Etex Group, Cembrit, Mahaphant, Elementia, Everest Industries, Saint-Gobain, Hume Cemboard Industries, HeaderBoard Building Materials, Soben board, SCG Building Materials, Kmew, PENNY PANEL, Nichiha, Lato JSC, Visaka Industries.
The fiber cement market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fiber Cement Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fiber Cement Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fiber Cement Market - Supply Chain
4.5. Global Fiber Cement Market Forecast
4.5.1. Fiber Cement Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fiber Cement Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fiber Cement Market Absolute $ Opportunity
5. Global Fiber Cement Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fiber Cement Market Size and Volume Forecast by Type
5.3.1. Low Density Fiber Cement
5.3.2. Medium Density Fiber Cement
5.3.3. High Density Fiber Cement
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fiber Cement Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fiber Cement Market Size and Volume Forecast by Application
6.3.1. Commercial Buildings
6.3.2. Residential Buildings
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fiber Cement Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fiber Cement Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fiber Cement Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fiber Cement Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fiber Cement Demand Share Forecast, 2019-2026
9. North America Fiber Cement Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fiber Cement Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fiber Cement Market Size and Volume Forecast by Application
9.4.1. Commercial Buildings
9.4.2. Residential Buildings
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fiber Cement Market Size and Volume Forecast by Type
9.7.1. Low Density Fiber Cement
9.7.2. Medium Density Fiber Cement
9.7.3. High Density Fiber Cement
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fiber Cement Demand Share Forecast, 2019-2026
10. Latin America Fiber Cement Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fiber Cement Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fiber Cement Market Size and Volume Forecast by Application
10.4.1. Commercial Buildings
10.4.2. Residential Buildings
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fiber Cement Market Size and Volume Forecast by Type
10.7.1. Low Density Fiber Cement
10.7.2. Medium Density Fiber Cement
10.7.3. High Density Fiber Cement
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fiber Cement Demand Share Forecast, 2019-2026
11. Europe Fiber Cement Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fiber Cement Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fiber Cement Market Size and Volume Forecast by Application
11.4.1. Commercial Buildings
11.4.2. Residential Buildings
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fiber Cement Market Size and Volume Forecast by Type
11.7.1. Low Density Fiber Cement
11.7.2. Medium Density Fiber Cement
11.7.3. High Density Fiber Cement
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growh Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fiber Cement Demand Share, 2019-2026
12. Asia Pacific Fiber Cement Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fiber Cement Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fiber Cement Market Size and Volume Forecast by Application
12.4.1. Commercial Buildings
12.4.2. Residential Buildings
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fiber Cement Market Size and Volume Forecast by Type
12.7.1. Low Density Fiber Cement
12.7.2. Medium Density Fiber Cement
12.7.3. High Density Fiber Cement
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fiber Cement Demand Share, 2019-2026
13. Middle East & Africa Fiber Cement Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fiber Cement Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fiber Cement Market Size and Volume Forecast by Application
13.4.1. Commercial Buildings
13.4.2. Residential Buildings
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fiber Cement Market Size and Volume Forecast by Type
13.7.1. Low Density Fiber Cement
13.7.2. Medium Density Fiber Cement
13.7.3. High Density Fiber Cement
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fiber Cement Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fiber Cement Market: Market Share Analysis
14.2. Fiber Cement Distributors and Customers
14.3. Fiber Cement Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. James Hardie
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Etex Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cembrit
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mahaphant
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Elementia
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Everest Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Saint-Gobain
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hume Cemboard Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HeaderBoard Building Materials
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Soben board
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SCG Building Materials
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kmew
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PENNY PANEL
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Nichiha
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lato JSC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Visaka Industries
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
