Global Fiber Cement Board
Market Report
2025
The Global Fiber Cement Boards market size is USD 9.9 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Fiber Cement Boards market size is USD 9.9 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Fiber Cement Board Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 5% |
North America Fiber Cement Board Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 4% |
Europe Fiber Cement Board Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 4.1% |
Asia Pacific Fiber Cement Board Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 6% |
South America Fiber Cement Board Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 4.5% |
Middle East and Africa Fiber Cement Board Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 4.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Fiber Cement Board industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Fiber Cement Board Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Fiber cement, also called reinforced fiber cement, is a composite construction material that typically consists of Portland cement, fine silica (sand), cellulosic material, and various additives. This material includes boards, panels, and siding, and is commonly used in the construction of both residential and commercial structures due to its fire and impact-resistant properties. The growing demand for fiber cement is driven by increased investment in infrastructure development and the rising popularity of it as an environmentally friendly building product.
(Source:www.saint-gobain.com/sites/saint-gobain.com/files/media/document/20230614_HUME_VA.pdf)
The Fiber Cement Boards market is driven by an increasing emphasis on sustainable construction practices. With a rising awareness of environmental concerns, builders and consumers are seeking construction materials that are eco-friendly and energy-efficient. Fiber cement boards, being durable, resistant to weathering, and produced from recyclable materials, align with these sustainability goals.
Everest Industries Limited plans to build a manufacturing facility on a 20-acre plot in the Badanaguppe Kellambali KIADB layout in Chamarajanagar, with an investment of USD 22.5 million. The new plant aims to manufacture 72,000 metric tons (MT) of fiber cement board and 19,000 MT of Rapicon wall panels.
Another significant driver for the Fiber Cement Boards market is the material's resilience to harsh weather conditions. Fiber cement boards are known for their ability to withstand extreme temperatures, moisture, and pests, making them ideal for exterior applications. In regions prone to hurricanes, heavy rainfall, or extreme temperatures, the durability and weather-resistant properties of fiber cement boards contribute to their popularity.
In August 2018, Nichiha Corporation invested $120 million to expand its manufacturing site in Macon-Bibb County, USA, to broaden its operations. This strategic move is anticipated to help increase the demand for the company's products in the southeastern region of the US.
One of the key restraints in the Fiber Cement Boards market is the high initial costs associated with the material and the challenges related to installation. While fiber cement boards offer durability and resistance to various environmental factors, their upfront costs can be substantial compared to traditional building materials. Additionally, the installation process may require specialized skills, leading to higher labor costs. These factors can deter some builders and homeowners from choosing fiber cement boards, particularly in regions where cost-efficiency is a primary consideration.
The COVID-19 pandemic significantly impacted the Fiber Cement Boards market, introducing challenges and disruptions across the industry. The construction sector, a primary consumer of fiber cement boards, faced widespread slowdowns and disruptions due to lockdowns, supply chain interruptions, and reduced construction activities. With construction projects delayed or halted, demand for fiber cement boards experienced a decline. Moreover, restrictions on movement and economic uncertainties influenced consumer behavior, affecting the residential and commercial construction segments.
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Key players in the Fiber Cement Boards market engage in intense competition to dominate the market and drive innovation. Major companies are strategically focusing on mergers and acquisitions, product development, and geographical expansions to strengthen their market positions.
(Source:www.jameshardie.com/about-us/news/james-hardie-completes-acquisition-of-fermacell)
Top Companies Market Share in Fiber Cement Board Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, the global Fiber Cement Boards market size was estimated at USD 9.9 Billion out of which North America held the major market of more than 40% of the global revenue with a market size of USD 3.96 billion in 2023 and will grow at a CAGR of 4.0% from 2023 to 2030. North America's dominance is underpinned by a thriving construction sector, stringent building regulations promoting the use of fiber cement boards, and the adoption of innovative construction practices. North America is positioned as a key player in the global Fiber Cement Boards market, driven by sustained construction activities and a preference for high-quality, sustainable building materials. The region's substantial market share and steady growth trajectory underscore its significance in shaping the overall landscape of the fiber cement industry.
According to Cognitive Market Research, the global Fiber Cement Boards market size was estimated at USD 9.9 Billion out of which North America held the major market of more than 22% of the global revenue with a market size of USD 2.18 billion in 2023 and will grow at a CAGR of 6.0% from 2023 to 2030. Asia Pacific's robust growth in the Fiber Cement Boards market can be attributed to burgeoning construction activities, urbanization trends, and increasing investments in infrastructure development. In the Asia Pacific region, fiber cement boards find widespread use across residential, commercial, and public building segments. In Conclusion, as the fastest-growing region, Asia Pacific plays a important role in propelling the global Fiber Cement Boards market forward. The region's substantial market share, fueled by dynamic construction landscapes and a growing focus on sustainable building solutions, positions Asia Pacific as a key influencer shaping the future trajectory of the fiber cement industry.
The current report Scope analyzes Fiber Cement Board Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Fiber Cement Boards market size was estimated at USD 9.9 Billion out of which North America held the major market of more than 40% of the global revenue with a market size of USD 3.96 billion in 2023 and will grow at a CAGR of 4.0% from 2023 to 2030. North America's dominance is underpinned by a thriving construction sector, stringent building regulations promoting the use of fiber cement boards, and the adoption of innovative construction practices. North America is positioned as a key player in the global Fiber Cement Boards market, driven by sustained construction activities and a preference for high-quality, sustainable building materials. The region's substantial market share and steady growth trajectory underscore its significance in shaping the overall landscape of the fiber cement industry.
According to Cognitive Market Research, the global Fiber Cement Boards market size was estimated at USD 9.9 Billion out of which Europe market of more than 30% of the global revenue with a market size of USD 2.97 billion in 2023 and will grow at a CAGR of 4.1% from 2023 to 2030. Europe's Fiber Cement Boards market is characterized by a strong demand for sustainable and durable construction materials. The region's commitment to green building practices and stringent regulations regarding environmental impact have driven the adoption of fiber cement boards. The Fiber Cement Boards market in Europe is segmented based on application, with residential and commercial sectors being key drivers. Residential construction projects, including new housing developments and renovations, have fueled the demand for fiber cement boards. In Conclusion, the European Fiber Cement Boards market is poised for continued growth, driven by the region's focus on sustainable construction practices and the versatility of fiber cement boards in various applications.
According to Cognitive Market Research, the global Fiber Cement Boards market size was estimated at USD 9.9 Billion out of which Asia Pacific is the fastest growing market of more than 22% of the global revenue with a market size of USD 2.18 billion in 2023 and will grow at a CAGR of 6.0% from 2023 to 2030. Asia Pacific's robust growth in the Fiber Cement Boards market can be attributed to burgeoning construction activities, urbanization trends, and increasing investments in infrastructure development. In the Asia Pacific region, fiber cement boards find widespread use across residential, commercial, and public building segments. The versatile nature of these boards makes them suitable for a different of applications, catering to the diverse construction needs prevalent in the region. In Conclusion, as the fastest-growing region, Asia Pacific plays a important role in propelling the global Fiber Cement Boards market forward. The region's substantial market share, fueled by dynamic construction landscapes and a growing focus on sustainable building solutions, positions Asia Pacific as a key influencer shaping the future trajectory of the fiber cement industry.
According to Cognitive Market Research, the global Fiber Cement Boards market size was estimated at USD 9.9 Billion out of which Latin America market of more than 5% of the global revenue with a market size of USD 0.50 billion in 2023 and will grow at a CAGR of 4.5% from 2023 to 2030. Latin America's Fiber Cement Boards market is marked by a surge in construction activities, driven by urbanization and infrastructure projects. Countries such as Brazil and Mexico lead the region, displaying a robust demand for fiber cement boards in residential and commercial construction. The Fiber Cement Boards market in Latin America is segmented based on applications, with residential and commercial construction emerging as dominant sectors. The residential segment experiences heightened demand, fueled by a growing population and increased housing projects. In Conclusion, Latin America's Fiber Cement Boards market presents promising opportunities, leveraging the region's construction boom and increasing awareness of sustainable building materials.
According to Cognitive Market Research, the global Fiber Cement Boards market size was estimated at USD 9.9 Billion out of which Middle East and Africa of more than 3.00% of the global revenue with a market size of USD 0.30 billion in 2023 and will grow at a CAGR of 4.8% from 2023 to 2030. The region's arid climate favors fiber cement boards due to their resilience against extreme weather conditions, making them a preferred choice in both residential and commercial construction projects. The Fiber Cement Boards market in the Middle East and Africa is segmented based on applications, showcasing a prominent presence in the commercial construction sector. Large-scale infrastructure projects, such as shopping malls, hotels, and office complexes, contribute significantly to the demand for fiber cement boards in the region. The MEA Fiber Cement Boards market holds substantial growth potential, driven by the ongoing construction boom and increasing awareness of sustainable building materials.
Global Fiber Cement Board Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Fiber Cement Board Industry growth. Fiber Cement Board market has been segmented with the help of its Type, Application , and others. Fiber Cement Board market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, medium density fiber cement emerges as the dominant category in the Fiber Cement Boards market. This dominance is attributed to its balanced characteristics, offering a compromise between the low density and high density variants. MDFC provides a versatile solution suitable for various applications in construction. It strikes a balance between strength, durability, and weight, making it favored by builders and architects seeking a reliable and cost-effective option for diverse projects.
High density fiber cement stands out as the fastest-growing category in the Fiber Cement Boards market. The accelerated growth of HDFC is attributed to its superior strength and durability. HDFC is particularly sought after in applications where structural integrity and resistance to external elements are critical, such as high-rise buildings and areas prone to harsh weather conditions. The increasing emphasis on constructing buildings with enhanced longevity and resilience contributes to the rapid adoption of HDFC.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Fiber Cement Board Industry. Request a Free Sample PDF!
According to Cognitive Market Research, residential buildings emerge as the dominant application category in the Fiber Cement Boards market. This dominance is fueled by the widespread use of fiber cement boards in residential construction projects. Fiber cement boards find extensive application in residential buildings for various purposes, including siding, roofing, and interior applications. The versatility, durability, and aesthetic appeal of fiber cement boards make them a preferred choice among homeowners and builders for enhancing the structural integrity and visual appeal of residential properties.
Commercial buildings stand out as the fastest-growing application category in the Fiber Cement Boards market. The rapid growth in commercial construction projects, including offices, retail spaces, and industrial structures, drives the increased demand for fiber cement boards. Commercial buildings require robust and durable construction materials, and fiber cement boards fulfill these requirements effectively. The focus on sustainable and low-maintenance building materials further propels the adoption of fiber cement boards in commercial applications.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Fiber Cement Board Market is witnessing significant growth in the near future.
In 2023, the Low Density Fiber Cement segment accounted for noticeable share of global Fiber Cement Board Market and is projected to experience significant growth in the near future.
The Commercial buildings segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies James Hardie Europe GmbH (Australia) , Cembrit Holding A/S (Denmark) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Low Density Fiber Cement, Medium Density Fiber Cement, High Density Fiber Cement |
Application | Commercial buildings, Residential buildings, Public Building |
List of Competitors | James Hardie Europe GmbH (Australia), Etex Group (Belgium), Cembrit Holding A/S (Denmark), SHERA (Thailand), Soben International (Asia Pacific), SCG (Thailand), Biele Group (Spain), LATONIT (Russia), NICHIHA (Japan), Everest Industries Ltd (India), Toray Industries Inc. (Japan), Allura (U.S.), CSR Limited (Australia), Etex Group (Belgium), Toray Industries Inc. (Japan), American Fiber Cement Corporation (U.S.) |
This chapter will help you gain GLOBAL Market Analysis of Fiber Cement Board. Further deep in this chapter, you will be able to review Global Fiber Cement Board Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Fiber Cement Board. Further deep in this chapter, you will be able to review North America Fiber Cement Board Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Fiber Cement Board. Further deep in this chapter, you will be able to review Europe Fiber Cement Board Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Fiber Cement Board. Further deep in this chapter, you will be able to review Asia Pacific Fiber Cement Board Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Fiber Cement Board. Further deep in this chapter, you will be able to review South America Fiber Cement Board Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Fiber Cement Board. Further deep in this chapter, you will be able to review Middle East and Africa Fiber Cement Board Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Fiber Cement Board. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Fiber Cement Board market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Low Density Fiber Cement have a significant impact on Fiber Cement Board market? |
What are the key factors affecting the Low Density Fiber Cement and Medium Density Fiber Cement of Fiber Cement Board Market? |
What is the CAGR/Growth Rate of Commercial buildings during the forecast period? |
By type, which segment accounted for largest share of the global Fiber Cement Board Market? |
Which region is expected to dominate the global Fiber Cement Board Market within the forecast period? |
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