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
Ebenezer Howard: inventor of the garden city. Book review.
The Grenfell Tower fire, eight years on
A time to pause and reflect as Dubai tower block fire reported just before anniversary.
Airtightness Topic Guide BSRIA TG 27/2025
Explaining the basics of airtightness, what it is, why it's important, when it's required and how it's carried out.
Construction contract awards hit lowest point of 2025
Plummeting for second consecutive month, intensifying concerns for housing and infrastructure goals.
Understanding Mental Health in the Built Environment 2025
Examining the state of mental health in construction, shedding light on levels of stress, anxiety and depression.
The benefits of engaging with insulation manufacturers
When considering ground floor constructions.
Lighting Industry endorses Blueprint for Electrification
The Lighting Industry Association fully supports the ECA Blueprint as a timely, urgent call to action.
BSRIA Sentinel Clerk of Works Training Case Study
Strengthening expertise to enhance service delivery with integrated cutting-edge industry knowledge.
Impact report from the Supply Chain Sustainability School
Free sustainability skills, training and support delivered to thousands of UK companies to help cut carbon.
The Building Safety Forum at the Installershow 2025
With speakers confirmed for 24 June as part of Building Safety Week.
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.