The Fiber Cement Board industry is projected to grow from USD 13.81 Billion in 2024 to USD 19.56 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.45%.
Fiber cement board is a composite building material made from cement, sand, and cellulose fibers. It is used in both interior and exterior applications in construction due to its durability, strength, and resistance to various environmental factors. The fiber cement board market is a significant segment within the construction materials industry, known for its durability, versatility, and environmental benefits.
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Top Companies in the Global Fiber Cement Board Market
James Hardie Europe GmbH (Australia), Etex (Belgium), Cembrit Holding A/S (Denmark), SHERA (Thailand), Soben International (Asia Pacific) Ltd (Hong Kong), SCG (Thailand), Biele Group (Spain), LATONIT (Russia), NICHIHA (Japan), Everest Industries (India), Toray Industries Inc. (Japan)
The increasing demand for sustainable and fire-resistant building materials drives market growth. Rising urbanization and construction activities worldwide boost the demand for fiber cement boards. Innovations in fiber cement technology improve product performance and expand application areas.
Global Fiber Cement Board Market Segmentation:
By Raw Material: Portland Cement, Silica
By Type: Low-Density Fiber Cement Board, Medium-Density Fiber Cement Board, High-Density Fiber Cement Board
By Application: Residential Buildings, Non-Residential Buildings
By Region: North America, Europe, Asia-Pacific, And Rest Of The World
Development of fiber cement boards with enhanced properties such as improved thermal insulation and acoustic performance. Growth in eco-friendly construction practices is expected to further boost market demand for fiber cement boards.
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment | 2024−2032
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