- Project plans
- Project activities
- Legislation and standards
- Industry context
- Specialist wikis
Last edited 27 Dec 2020
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:
Fibre cement market key segmentation by application:
- Molding and trimming.
 Find out more
 Related articles on Designing Buildings Wiki
Featured articles and news
From biometric to electrical current, chemical and more.
Changes are due to come into force on 1st October 2022.
Heed advice and insight of this report IPA tells the government.
From the Commonwealth Association of Architects.
For the Levelling Up, Housing & Communities Committee.
BSRIA's Technical Director reflects on recent weather patterns.
A national valuation to fund old-age pensions.
The world’s largest Commonwealth memorial to the missing.
Long after the end of the defects liability period.
Occupant satisfaction and wellbeing in buildings.
From the simple to the complex.
And the UK Government guidelines.
Commitment agreed to by major built environment bodies.
Electrical skills, low carbon, high-tech and the building services revolution.
Ultra-deep drilling with millimeter-wave beam technology.
Looking at the built environment from space.
BSI standards 8671, 8672 and 8673.
Bringing life to burial grounds.
From failed modernism to twenty-minute neighbourhoods.
The gates process and change control.