Fibre cement market
The growth in the fibre cement market is a result of a boom in the construction industry, a ban on asbestos cement products, the high efficiency of fibre cement products, and rapid urbanisation and industrialisation in developing countries. In addition, the increase in infrastructure investments has created an opportunity for the global market. However, a dearth of skilled labour in developing countries is expected to hamper the fibre cement market growth.
Fibre cement products have gained popularity in North America and the Asia-Pacific region in recent years. Homeowners can prefer fibre cement siding compared to vinyl siding because of its durability, resistance to termites and water, fire retardant properties, and low maintenance.
This growing interest of consumers in fibre cement boards, sheets, slates, and other products, has created lucrative opportunities for manufacturers to offer a broad array of products.
The global fibre cement market generated revenue of $12,336 million in 2014, and is expected to reach $18,888 million by 2022, registering a CAGR of 5.8% from 2016 to 2022.
The key players in the market include; Etex Group NV, James Hardie Industries PLC, Evonik Industries AG, Compagnie De Saint Gobain SA, Toray Industries Inc., CSR Limited, The Siam Cement Public Company Limited, Nichiha Corporation, Plycem Corporation, and Cembrit Holding A/S.
The other companies operating in the fiber cement industry include Elementia, S.A.B de C.V., Marley Eternit Ltd., Thai Olympic Fibre-cement Co., Ltd., Mahaphant Fibre Cement Co., Ltd., Everest Industries Ltd., Swisspearl, Equitone, Allura USA, Beijing Hocreboard Building Materials Co., Ltd., and Fry Reglet.
Fibre cement market key segmentation by raw material:
- Portland cement.
- Silica.
- Cellulosic fibre.
- Others.
Fibre cement market key segmentation by application:
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
The UK’s largest air pollution campaign.
Future Homes Standard, now includes solar, but what else?
Will the new standard, due to in the Autumn, go far enough in terms of performance ?
BSRIA Briefing: Cleaner Air, Better tomorrow
A look back at issues relating to inside and outside air quality, discussed during the BSRIA briefing in 2023.
Restoring Abbotsford's hothouse
Bringing the writer Walter Scott's garden to life.
Reflections on the spending review with CIAT.
Retired firefighter cycles world to raise Grenfell funds
Leaving on 14 June 2025 Stephen will raise money for youth and schools through the Grenfell Foundation.
Key points for construction at a glance with industry reactions.
Functionality, visibility and sustainability
The simpler approach to specification.
Architects, architecture, buildings, and inspiration in film
The close ties between makers and the movies, with our long list of suggested viewing.
SELECT three-point plan for action issued to MSPs
Call for Scottish regulation, green skills and recognition of electrotechnical industry as part of a manifesto for Scottish Parliamentary elections.
UCEM becomes the University of the Built Environment
Major milestone in its 106-year history, follows recent merger with London School of Architecture (LSE).
Professional practical experience for Architects in training
The long process to transform the nature of education and professional practical experience in the Architecture profession following recent reports.
A people-first approach to retrofit
Moving away from the destructive paradigm of fabric-first.
International Electrician Day, 10 June 2025
Celebrating the role of electrical engineers from André-Marie Amperè, today and for the future.
New guide for clients launched at Houses of Parliament
'There has never been a more important time for clients to step up and ...ask the right questions'
The impact of recycled slate tiles
Innovation across the decades.
EPC changes for existing buildings
Changes and their context as the new RdSAP methodology comes into use from 15 June.