Market Overview:
The global fiber cement siding market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fiber cement siding in residential and commercial applications. Fiber cement siding is a type of cladding that is made up of Portland cement, sand, cellulose fibers, and water. It offers several advantages over other types of cladding such as vinyl, aluminum, and wood. These advantages include durability, resistance to weathering and fire damage, low maintenance requirements, and environmental friendliness. The global fiber cement siding market has been segmented on the basis of type into shingle fiber cement siding sheet form fiber cement sidings lap sidings stucco or brick fiber cements sidings among others . On the basis of application ,the market has been segmented into residential commercial others .Region wise ,the global Fiber Cement Sidding Market has been segmented into North America Latin America Europe Asia Pacific Middle East & Africa among others .Some key players operating in this market are James Hardie Building Products Inc., Nichiha Corporation Ltd.
Product Definition:
Fiber cement is a composite material made of sand, cement, and cellulose fibers. It is used as a siding material because it is durable, weather-resistant, and relatively inexpensive.
Shingle Fiber Cement Siding:
Shingle fiber cement siding is a type of composite panel made from three layers of cement, one layer of reinforcing fiber and one layer of polyester-based stucco. The product was developed by the Siding Institute in England as an alternative to traditional timber boarding. It consists of a core of high-density polyethylene which provides rigidity to the panels, along with two layers comprising vertical wood fibers that are bound by resin.
Sheet Form Fiber Cement Siding:
Fiber cement siding is a composite material made up of fibers and resin. It has high durability, resistance to mold and mildew, along with the ability to withstand high water pressure. Fiber cement siding can be installed on both residential as well as commercial properties; it is available in various colors and textures which can match the existing architecture of the building.
Application Insights:
The residential segment accounted for the largest share of over 60.0% in 2017 and is projected to expand at a steady CAGR from 2018 to 2030. Rising demand for energy-efficient products on account of increasing concerns regarding global warming is projected to be a key factor driving the product demand in this application segment over the forecast period.
Fiber cement siding offers various benefits including protection against extreme weather, sound & thermal insulation, durability, and ease of cleaning along with an attractive appearance that makes it highly suitable for use on residential as well as commercial buildings. The growing housing market across various regions coupled with rising consumer disposable income levels are expected drive product consumption in this application segment over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to strict building codes and regulations for energy efficiency, which is expected to drive product demand over the forecast period. In addition, rising concerns regarding carbon emissions are anticipated to propel demand for green building materials such as insulation products such as fiber cement siding, thereby driving industry growth.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid urbanization and increasing construction activities in emerging economies including China and India. In addition, growing awareness regarding energy conservation coupled with stringent government regulations pertaining to energy consumption is likely boost product demand over the next eight years. Moreover, economic development in countries like China has led it become a manufacturing hub for various consumer goods including automotive components; thus providing an opportunity for manufacturers from other regions of Asia Pacific region too (i.e., Japan).
Growth Factors:
- Increasing demand for energy-efficient and low-maintenance building materials
- Rising awareness about the benefits of fiber cement siding among homeowners
- Growing popularity of fiber cement siding among architects and builders
- Technological advancements in the manufacturing of fiber cement siding products
- Rising construction spending by both residential and commercial sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Cement Siding Market Research Report
By Type
Shingle Fiber Cement Siding, Sheet Form Fiber Cement Siding, Lap Siding Fiber Cement Siding, Stucco or Brick Fiber Cement Siding
By Application
Residential, Commercial, Others
By Companies
WB Construction, Allura USA, James Hardie, GAF Material, Cembrit, Equitone, Maxitile, Hekim Yapi, Nichiha, Evonik, WB Construction
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Cement Siding Market Report Segments:
The global Fiber Cement Siding market is segmented on the basis of:
Types
Shingle Fiber Cement Siding, Sheet Form Fiber Cement Siding, Lap Siding Fiber Cement Siding, Stucco or Brick Fiber Cement Siding
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
Residential, Commercial, Others
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:
- WB Construction
- Allura USA
- James Hardie
- GAF Material
- Cembrit
- Equitone
- Maxitile
- Hekim Yapi
- Nichiha
- Evonik
- WB Construction
Highlights of The Fiber Cement Siding 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:
- Shingle Fiber Cement Siding
- Sheet Form Fiber Cement Siding
- Lap Siding Fiber Cement Siding
- Stucco or Brick Fiber Cement Siding
- By Application:
- Residential
- Commercial
- Others
- 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 Siding 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 siding is a type of exterior wall finish that is made up of small pieces of fiberglass-reinforced plastic (FRP). The material is bonded to a substrate, such as wood or metal, and then covered with an exterior coating. Fiber cement siding has several advantages over traditional materials for exterior walls. It's lightweight and relatively easy to install, making it popular among homeowners who want an attractive but affordable solution. Additionally, fiber cement siding can withstand weather conditions better than other types of wall finishes.
Some of the major companies in the fiber cement siding market are WB Construction, Allura USA, James Hardie, GAF Material, Cembrit, Equitone, Maxitile, Hekim Yapi, Nichiha, Evonik, WB Construction.
The fiber cement siding market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiber Cement Siding Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fiber Cement Siding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiber Cement Siding Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fiber Cement Siding Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fiber Cement Siding Market Size & Forecast, 2020-2028
4.5.1 Fiber Cement Siding Market Size and Y-o-Y Growth
4.5.2 Fiber Cement Siding Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Shingle Fiber Cement Siding
5.2.2 Sheet Form Fiber Cement Siding
5.2.3 Lap Siding Fiber Cement Siding
5.2.4 Stucco or Brick Fiber Cement Siding
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiber Cement Siding Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fiber Cement Siding Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Shingle Fiber Cement Siding
9.6.2 Sheet Form Fiber Cement Siding
9.6.3 Lap Siding Fiber Cement Siding
9.6.4 Stucco or Brick Fiber Cement Siding
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Shingle Fiber Cement Siding
10.6.2 Sheet Form Fiber Cement Siding
10.6.3 Lap Siding Fiber Cement Siding
10.6.4 Stucco or Brick Fiber Cement Siding
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Shingle Fiber Cement Siding
11.6.2 Sheet Form Fiber Cement Siding
11.6.3 Lap Siding Fiber Cement Siding
11.6.4 Stucco or Brick Fiber Cement Siding
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Shingle Fiber Cement Siding
12.6.2 Sheet Form Fiber Cement Siding
12.6.3 Lap Siding Fiber Cement Siding
12.6.4 Stucco or Brick Fiber Cement Siding
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Shingle Fiber Cement Siding
13.6.2 Sheet Form Fiber Cement Siding
13.6.3 Lap Siding Fiber Cement Siding
13.6.4 Stucco or Brick Fiber Cement Siding
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fiber Cement Siding Market: Competitive Dashboard
14.2 Global Fiber Cement Siding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WB Construction
14.3.2 Allura USA
14.3.3 James Hardie
14.3.4 GAF Material
14.3.5 Cembrit
14.3.6 Equitone
14.3.7 Maxitile
14.3.8 Hekim Yapi
14.3.9 Nichiha
14.3.10 Evonik
14.3.11 WB Construction
