Global Fiber Cement
Market Report
2025
The global Fiber cement market size will be USD 17698.5 million in 2025. Growing demand for durable and eco-friendly construction materials is expected to boost sales to USD 25169.04 million by 2033, with a Compound Annual Growth Rate (CAGR) of 4.50% from 2025 to 2033.
The base year for the calculation is 2024. The historical will be 2021 to 2024. 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.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Fiber Cement Market Report 2025.
According to Cognitive Market Research, the global Fiber cement market size will be USD 17698.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 4.50% from 2025 to 2033.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 4.5% |
North America Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 2.7% |
United States Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 2.5% |
Canada Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 3.5% |
Mexico Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 3.2% |
Europe Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 3% |
United Kingdom Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 3.8% |
France Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 2.2% |
Germany Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 3.2% |
Italy Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 2.4% |
Russia Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 2% |
Spain Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 2.1% |
Rest of Europe Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 1.7% |
Asia Pacific Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 6.5% |
China Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 6% |
Japan Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 5% |
India Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 8.3% |
South Korea Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 5.6% |
Australia Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 6.2% |
Rest of APAC Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 6.3% |
South America Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 3.9% |
Brazil Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 4.5% |
Argentina Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 4.8% |
Colombia Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 3.7% |
Peru Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 4.1% |
Chile Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 4.2% |
Rest of South America Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 3% |
Middle East Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 4.2% |
Egypt Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 4.5% |
Turkey Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 3.7% |
Rest of Middle East Fiber Cement Market Sales Revenue | 121212 | 121212 | 121212 | 3.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
|
Market Split by Application |
|
Market Split by End-use |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Report scope is customizable as we have a huge database of Fiber Cement industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Fiber Cement Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Fiber cement is a composite building material made from cement, sand, cellulose fibers, and water. Known for its durability and resistance to weathering, fiber cement is widely used in applications such as cladding, roofing, and flooring in residential, commercial, and industrial construction. Its non-combustible properties, moisture resistance, and low maintenance requirements make it a popular choice in both new construction and renovation projects. The fiber cement market is experiencing robust growth due to its increasing adoption as a sustainable alternative to traditional materials like wood and vinyl. Key drivers include the rising demand for durable, fire-resistant, and low-maintenance building materials, as well as growing environmental awareness and the push for green construction practices. Urbanization and infrastructure development in emerging economies are also fueling market expansion.
In June 2023, Saint-Gobain has entered into a definitive agreement to acquire Hume Cemboard Industries Sdn Bhd (HCBI), a manufacturer of fiber cement boards for façades, partitions, and ceilings, to expand its growth by enriching its range of solutions for light and sustainable construction in Malaysia.
(Source:https://www.saint-gobain.com/sites/saint-gobain.com/files/media/document/20230614_HUME_VA.pdf )
The fiber cement market is witnessing significant growth due to the rising preference for durable and environmentally sustainable building materials. Fiber cement products offer superior resistance to fire, moisture, and pests, making them ideal for long-lasting construction. Additionally, the increasing emphasis on green building initiatives and energy-efficient structures further drives the adoption of fiber cement. With its recyclable and non-toxic properties, fiber cement aligns with the growing trend of sustainable construction practices, contributing to its rising popularity among builders and contractors worldwide. For instance, October 2023, James Hardie Building Products Inc. partnered with D.R. Horton, Inc., the largest homebuilder in the United States, to provide premier quality and innovative fiber cement solutions to home construction across the United States. (Source: https://www.prnewswire.com/news-releases/james-hardie-building-products-announces-exclusive-national-relationship-with-dr-horton-americas-builder-301892381.html )
Urbanization across emerging and developed economies is propelling the demand for modern infrastructure, directly impacting the fiber cement market. Rapid growth in residential and commercial construction has increased the need for high-quality building materials. Fiber cement's ability to provide versatility, durability, and an aesthetically appealing finish has made it a preferred choice for construction projects. Governments’ investments in smart cities and large-scale infrastructure development are further amplifying the demand, positioning fiber cement as a crucial material in addressing the needs of expanding urban landscapes.
One significant restraint in the fiber cement market is its higher initial cost compared to traditional building materials like wood or vinyl. While fiber cement offers long-term benefits in terms of durability and maintenance, the upfront investment can deter adoption, especially in cost-sensitive markets. Moreover, the installation process requires skilled labor and specialized tools, further adding to the overall expense. This cost factor limits its penetration in low-income regions and among small-scale builders, posing a challenge to market growth in price-conscious segments.
Covid-19 pandemic disrupted the fiber cement market due to supply chain challenges, labor shortages, and project delays in the construction sector. Lockdowns and movement restrictions significantly impacted manufacturing operations and logistics, leading to delays in the delivery of raw materials and finished products. However, the market began to recover as construction activities resumed with the easing of restrictions. Increased investments in infrastructure projects and the growing demand for sustainable materials post-pandemic have positively influenced the market. The focus on health, hygiene, and eco-friendly construction is expected to boost the adoption of fiber cement in the coming years.
We have various report editions of Fiber Cement Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The fiber cement market is highly competitive, with a mix of global and regional players striving to enhance their market share through product innovation, strategic partnerships, and geographic expansion. Leading companies such as James Hardie Industries, Etex Group, Nichiha Co., Ltd., and CSR Limited dominate the market, leveraging their established distribution networks and robust R&D capabilities to maintain a competitive edge.
In April 2023, BlueLinx Holdings Inc., a leading wholesale distributor of building products in the United States, and Allura USA, a subsidiary of Elementia Materiales, announced the expansion of their distribution partnership to maintain growth in the highly competitive landscape of fiber cement siding, trim, and accessories.
(Source:https://investors.bluelinxco.com/news/news-details/2023/BlueLinx-Expands-Allura-Distribution-Partnership/default.aspx)
In September 2020, Mitsubishi Corp and Temasek Holdings announced plans to build a smart city, 25 km southwest of Jakarta. The smart city is expected to include homes, shopping centers, and medical facilities, with the goal of housing 40,000 to 60,000 permanent residents.
(Source:https://asia.nikkei.com/Business/Technology/In-Jakarta-suburb-Mitsubishi-and-Temasek-unit-plan-smart-city )
Top Companies Market Share in Fiber Cement 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, North America dominates the fiber cement market due to its robust construction industry, driven by increasing demand for durable, fire-resistant, and low-maintenance building materials. The region's strict building codes and regulations emphasize fire safety and energy efficiency, which favor fiber cement products. Moreover, the rising trend of urbanization and renovation activities fuels the adoption of fiber cement in residential and commercial projects.
Asia-Pacific is the fastest-growing category in the fiber cement market due to rapid urbanization, industrialization, and population growth in countries like China, India, and Southeast Asia. These factors drive a surge in residential and commercial construction activities, increasing the demand for durable, cost-effective, and weather-resistant building materials like fiber cement. Government initiatives promoting affordable housing and infrastructure development further boost market growth.
The current report Scope analyzes Fiber Cement 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
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the global Fiber cement market size was estimated at USD 17698.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 7079.40 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2025 to 2033.
According to Cognitive Market Research, the global Fiber cement market size was estimated at USD 17698.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 5309.55 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2025 to 2033.
According to Cognitive Market Research, the global Fiber cement market size was estimated at USD 17698.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 4070.66 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2033.
According to Cognitive Market Research, the global Fiber cement market size was estimated at USD 17698.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 884.93 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2025 to 2033.
According to Cognitive Market Research, the global Fiber cement market size was estimated at USD 17698.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 353.97 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2025 to 2033..
Global Fiber Cement Market Report 2025 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 Industry growth. Fiber Cement market has been segmented with the help of its Type, Application End-use, and others. Fiber Cement 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.
How are Segments Performing in the Global Fiber cement Market?
According to Cognitive Market Research, Cellulose fiber-based fiber cement is the dominant segment in the market due to its excellent balance of strength, flexibility, and environmental friendliness. Made from renewable wood fibers, this type is highly durable and resistant to weather, fire, and pests, making it ideal for exterior cladding and roofing applications. Its widespread adoption in residential and commercial construction is supported by stringent building codes and sustainability initiatives.
Synthetic fiber-based fiber cement is the fastest-growing segment, driven by its superior performance in high-stress and specialized applications. These fibers, often made from polypropylene or polyvinyl alcohol, enhance the cement’s tensile strength, durability, and resistance to cracking. Their lightweight nature and ability to withstand extreme weather conditions make them increasingly favored in infrastructure projects and modern architectural designs.
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 Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the siding is the dominant application in the fiber cement market, primarily due to its widespread use in residential and commercial buildings. Fiber cement siding is highly valued for its durability, aesthetic appeal, and resistance to harsh weather conditions, including moisture, fire, and termites. These attributes make it an ideal choice for exterior cladding, enhancing both the functional and visual aspects of buildings.
Roofing is the fastest-growing segment in the fiber cement market, driven by the increasing demand for long-lasting, low-maintenance roofing materials. Fiber cement roofing offers superior weather resistance, fire protection, and energy efficiency, making it a preferred choice for both residential and commercial applications. With the rise in construction activities and a growing focus on sustainable building materials, the roofing segment is experiencing significant growth.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to Cognitive Market Research, The residential segment is the dominant end-use in the fiber cement market, primarily driven by the growing demand for durable, energy-efficient, and low-maintenance materials in home construction and renovation. Fiber cement’s resistance to moisture, fire, and pests makes it an ideal choice for cladding, roofing, and flooring in residential buildings. Additionally, its versatility in design, coupled with sustainability benefits, aligns with consumer preferences for eco-friendly materials.
The commercial segment is the fastest-growing in the fiber cement market, fueled by the increasing adoption of fiber cement for its durability, low-maintenance requirements, and aesthetic versatility in commercial buildings. As urbanization accelerates and commercial construction projects expand, fiber cement’s ability to withstand extreme weather, provide fire resistance, and improve energy efficiency makes it highly desirable for office buildings, retail spaces, and institutional structures.
Senior Research Analyst at Cognitive Market Research
Ankita Sharma is a passionate and detail-driven market research professional with over 2.5 years of experience in qualitative research. With a sharp focus on client query handling and competitive intelligence, she has successfully led and delivered impactful research projects across diverse industry verticals. At the core of Ankita’s work is her ability to transform complex market data into actionable insights. She has spearheaded market intelligence initiatives by analyzing trends, evaluating competitor strategies, and mapping evolving market dynamics using a range of industry tools. Her approach combines precision with adaptability ensuring research outcomes are tailored to client-specific needs and strategic goals.
Ankita is also skilled in secondary research and product benchmarking, offering a holistic view of competitive landscapes. Her collaborative spirit and cross-functional coordination have helped refine research methodologies and maintain the highest quality standards in deliverables. Ankita’s commitment to excellence and client success makes her a valuable asset in the evolving world of market intelligence and business strategy.
Ankita Sharma is a passionate and detail-driven market research professional with over 2.5 years of experience in qualitative research. With a sharp focus on client query handling and competitive intelligence, she has successfully led and delivered impactful research projects across diverse industry verticals. At the core of Ankita’s work is her ability to transform complex market data into actionable insights. She has spearheaded market intelligence initiatives by analyzing trends, evaluating competitor strategies, and mapping evolving market dynamics using a range of industry tools. Her approach combines precision with adaptability ensuring research outcomes are tailored to client-specific needs and strategic goals.
Ankita is also skilled in secondary research and product benchmarking, offering a holistic view of competitive landscapes. Her collaborative spirit and cross-functional coordination have helped refine research methodologies and maintain the highest quality standards in deliverables. Ankita’s commitment to excellence and client success makes her a valuable asset in the evolving world of market intelligence and business strategy.
Conclusion
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.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Type | Cellulose Fiber-based, Synthetic Fiber-based, Mineral Fiber-based, Natural Fiber-based |
Application | Siding, Roofing, Molding & Trim, Flooring, Others |
End-use | Residential, Industrial, Commercial |
List of Competitors | Dow Chemical Company, Hardie (James) Industries Plc., Imerys SA, Elementia SA de CV, Building Materials Corporation of America, PPG Industries Incorporated, Akzo Nobel NV, Canfor Corporation, Ecolab Incorporated, Central Fiber LLC, Mercer International Incorporated, US Silica Holdings Incorporated |
This chapter will help you gain GLOBAL Market Analysis of Fiber Cement. Further deep in this chapter, you will be able to review Global Fiber Cement 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. Further deep in this chapter, you will be able to review North America Fiber Cement 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. Further deep in this chapter, you will be able to review Europe Fiber Cement 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. Further deep in this chapter, you will be able to review Asia Pacific Fiber Cement 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. Further deep in this chapter, you will be able to review South America Fiber Cement Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Fiber Cement. Further deep in this chapter, you will be able to review Middle East Fiber Cement Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Fiber Cement. Further deep in this chapter, you will be able to review Middle East Fiber Cement Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Fiber Cement. 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.
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
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 11 Market Split by Application Analysis 2021 - 2033
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 12 Market Split by End-use Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Fiber Cement market
Chapter 13 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.
Chapter 14 Research Methodology and Sources
Why Cellulose Fiber-based have a significant impact on Fiber Cement market? |
What are the key factors affecting the Cellulose Fiber-based and Synthetic Fiber-based of Fiber Cement Market? |
What is the CAGR/Growth Rate of Siding during the forecast period? |
By type, which segment accounted for largest share of the global Fiber Cement Market? |
Which region is expected to dominate the global Fiber Cement Market within the forecast period? |