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Fiber Cement Market Exceeds USD 19.1 Billion in 2023, Projected to Surge with 5.6% CAGR by 2030

  • Writer: Amit Kumar
    Amit Kumar
  • Feb 8, 2024
  • 3 min read


MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on The Global Fiber Cement Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.


Global Fiber Cement Market Insights 2024-2030

The Global Fiber Cement Market size was valued at around USD 19.1 Billion in 2023 and is projected to grow at a CAGR of around 5.6% during the forecast period, i.e., 2024-30. 



Top Players in the Fiber Cement Market:

  • James Hardie Industries PLC (Ireland)

  • Allura (US)

  • Cembrit Holding A/S (Denmark)

  • Etex Group NV (Belgium)

  • American Fiber Cement Corporation (US)

  • Toray Industries Inc. (Japan)

  • Nichiha (Japan)

  • Cembrit Holding A/S (Denmark)

  • CSR Limited (Australia)

  • Elementia


Segmentation Analysis of Fiber Cement Market

Fiber Cement Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024 to 2030, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

  • By Material

  • Cellulosic Material

  • Portland Cement

  • Sand

Of these, Portland Cement has the major potential to accelerate the growth of the market. Even during the historical period, it dominated as the leading material segment of the market due to its production via mixing calcium, silica, iron, aluminum, and other essential additives. Portland Cement is classified under Ordinary Portland Cement (OPC) and White Portland Cement. Its low maintenance and production cost, simplest raw materials, including limestone, naturally occurring minerals, and shale used for the production, are the significant variables that will unquestionably change the entire market paradigm in a progressing way.

  • By Application

  • Cladding

  • Roofing

  • Siding

  • Molding & Trimming

  • Backer Boards

  • Wall Partition

  • Others

  • By End-Users

  • Residential

  • Non-Residential

  • By Fiber Type

  • Polypropylene

  • PVA

  • Lignocellulose

  • Carbon

  • Others

  • By Production Process

  • Hatschek Process

  • Extrusion Process

  • Perlite Process



A Comprehensive Geographical Analysis:

By Region

  • North America

  • Europe

  • Asia-Pacific

  • South America

  • Middle East & Africa

Geographically, of all regions, Asia-Pacific holds the largest share of the Fiber Cement Market, mainly because it is the fastest-growing economy worldwide, creating the massive potential for infrastructural developments. Moreover, the booming construction industry in India & China, substantial investments in infrastructural developments, and mounting awareness regarding the harmful impact of using asbestos are other crucial factors driving the demand for these products in Asia-Pacific.

Additionally, stringent norms regarding using asbestos cement in construction activities have shifted builders & related authorities towards using alternatives.

Further, Europe is anticipated to witness the fastest market growth during the forecast period, mainly due to the mounting trend of constructing energy-efficient buildings. Additionally, surging European residential constructions are fueling market growth across the region.


Request Customization of Global Fiber Cement :”Market Report: https://www.marknteladvisors.com/query/request-customization/global-fiber-cement-market.html


Why Choose Us?

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.


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