Fiber Cement Is A Composite Building Material Of Portland Cement, Silica, Wood Fibers, And Water, Which Is Used In The Both Residential And Non-Residential Sectors. Fiber Cement Products Exhibits Superior Properties Such As High Durability, Resistance To Water, Flexibility, Versatility, And Thermal Insulation. They Are Preferred By Professional Builders, Homeowners, And Contractors To Asbestos Cement Products. In Addition, These Products Have Low Cost Of Maintenance, And Is Mainly Used In Siding, Roofing, Trimming, And Other Areas.
The Global Fiber Cement Market Growth Is By Rapid Urbanization And Industrialization In Developing Countries, Booming Construction Industry, High Efficiency Of Fiber Cement Products, And Ban On Asbestos Products. The Ban On Asbestos Cement Products Has Fueled The Adoption Of Fiber Cement Products, Which In Turn Has Increased The Demand For Fiber Cement Siding, Planks, Boards, And Other Products. However, Dearth Of Skilled Labor In Developing Countries Is Expected To Hamper The Market Growth. Nonetheless, Increasing Investments In Infrastructure Development By Government Agencies Has Supplemented The Fiber Cement Market Growth. In Addition, Surge In Construction Activities, Especially In Residential Sector, Is Expected To Boosts The Overall Fiber Cement Market Growth.
The Global Fiber Cement Market Is Segmented On The Basis Of Raw Material, Application, End Use, And Geography. Based On The Raw Materials Used, The Market Is Segmented Into Portland Cement, Silica, Cellulosic Fiber, And Others. The Application Areas Of The Global Fiber Cement Market Are Molding & Trimming, Siding, Roofing, And Others (Backerboards, Countertops, And Ceiling). The Siding Application Segment Dominated The Global Market In 2014, And Is Expected To Maintain Its Dominance Throughout The Forecast Period. The End Users Of The Fiber Cement Industry Are Categorized Into Residential And Non-Residential Sector. The Residential Sector Is Projected To Grow Rapidly By 2022, Owing To The Growth Of The Housing Sector In The U.S., China, India, And Canada. The Global Fiber Cement Market Is Segmented Into Four Regions, Namely North America, Europe, Asia-Pacific, And Lamea. Asia-Pacific Is The Leading Region In Terms Of Demand For Fiber Cement, And Is Expected To Maintain Its Dominance During The Forecast Period.
The Key Players Profiled In The Report Include Etex Group Nv, James Hardie Industries Plc, Evonik Industries Ag, Compagnie De Saint Gobain Sa, Toray Industries Inc., Csr Limited, The Siam Cement Public Company Limited, Nichiha Corporation, Plycem Corporation, And Cembrit Holding A/S.
The Other Companies Operating In The Fiber Cement Industry Include Elementia, S.A.B De C.V., Marley Eternit Ltd., Thai Olympic Fibre-Cement Co., Ltd., Mahaphant Fibre Cement Co., Ltd., Everest Industries Ltd., Swisspearl, Equitone, Allura Usa, Beijing Hocreboard Building Materials Co., Ltd., And Fry Reglet.
Key Benefits for Stakeholders
Fiber Cement Market Key Segmentation
By Raw Material
Other Players in the Industry
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