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.
The popularity of Fiber Cement Boards is increasing as a result of higher investment in infrastructure development and growing recognition as an environmentally friendly building material.
Demand for Medium Density Fiber Cement remains higher in the Fiber Cement Boards market.
The Residential buildings category held the highest Fiber Cement Boards market revenue share in 2023.
North American Fiber Cement Boards will continue to lead, whereas the Asia Pacific Fiber Cement Boards market will experience the most substantial growth until 2030.
