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Global Fiber Cement Market
Fiber cement market was valued at 33,346.93 kilotons in 2021 and is projected to register a CAGR of 4.23% during the forecast period 2022-2027.
Reinforced fibre cement is another name for fibre cement. It is a composite material for buildings and construction that has excellent physical qualities like a high level of hardness and durability. Its use is mostly in roofing and façade materials. Due to their fire and impact resistance, fibre cement products, which include boards, panels, and siding, are frequently utilised in the construction of residential and commercial buildings. For exterior wall cladding, partition walls, ceilings, and aesthetic purposes, fibre cement panels are employed. The businesses are making a concerted effort to protect the health and wellbeing of their workers while also assisting the government in its efforts to sustain vital commercial operations in the healthcare, electricity generation, and food production sectors.
Cement hardens stone by chemically reacting with water, and fibre reinforcing in the mixture increases the durability and strength of building and construction materials. The modern construction industry is discovering the special and innovative advantages of using fibre cement in a variety of construction applications, including as cladding and roofing, all over the world. The main function of fibre cement in these industrial applications is to improve performance characteristics while reducing the market value of building and construction materials. The market for fibre cement is expected to grow over the coming years as a result of fibre cement’s rising use in current construction projects as well as its unique advantages and characteristics.
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Global Fiber Cement Market: Major Players
Everest Industries Ltd.
Thai Olympic Fibre-cement Co., Ltd.
Cembrit Holding A/S
James Hardie Industries PLC
Toray Industries Inc.
Equitone
Fry Reglet
Nichiha Corporation
Evonik Industries AG
Swisspearl
Plycem Corporation
The Siam Cement Public Company Limited
Etex Group NV
Marley Eternit Ltd.
Elementia, S.A.B de C.V.
Mahaphant Fibre Cement Co., Ltd.
Allura USA
Compagnie De Saint Gobain SA
Beijing Hocreboard Building Materials Co., Ltd
CSR Limited
Global Fiber Cement Market: Types
Portland Cement
Silica
Cellulosic Fiber
Others
Global Fiber Cement Market: Applications
Siding
Backerboard
Molding & Trim
Roofing
Other
Global Fiber Cement Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Fiber Cement market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Drivers
The expansion of fibre cement in residential building is encouraged by the rising demand for individual residences as well as investments in housing projects. Global infrastructure development is accelerating.
Restraints
Popular siding materials and alternatives to fibre cement siding include vinyl, wood, and steel. Due to the large selection of styles and price points that vinyl siding offers, it is a popular choice. Custom homes are more likely to have wood siding due to its high cost, regular care requirements, and pest susceptibility. In contrast, steel siding is frequently utilised in industrial, commercial, and residential structures as a replacement for fibre cement siding.
Key Benefits for Industry Participants & Stakeholders
1. Competitive landscape & strategies of key players
2. Historical, current, and projected market size, in terms of value
3. In-depth analysis of the Electrohydraulic Actuator Market
4. Potential & niche segments and regions exhibiting promising growth covered
5. Industry drivers, restraints, and opportunities covered in the study
6. Neutral perspective on the market performance
7. Recent industry trends and developments
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