Fiber Cement Market: Industry Analysis, Opportunity Assessment and Forecast up to 2030

 In a recent published report, Kenneth Research has updated the Fiber Cement MARKET report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Fiber Cement MARKET products.

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According to the statistics by the World Bank the valued added in manufacturing by chemicals in the United States increased from 11.838% in the year 2000 to 16.439% in the year 2018. In Denmark, it increased from 16.816% in 2009 to 26.594% in 2018.

In this report, the Global Fiber Cement market was valued at USD 13.6 Billion in 2015, and is projected to reach USD 20.8 billion by 2025, growing at a CAGR of 4% over the forecast period.
“Fiber Cement Market “, published by Xpodence Research, provides extensive insight and analysis of the Fiber Cement Market over the next eight years (2015-2025) and acts as a vital point of reference for operators or suppliers.
Increasing investment for construction and other infrastructure activities, growing urbanization and industrialization and benefits of fiber cement over other alternatives are the major factors propelling the growth of fiber cement industry. Moreover, stringent government regulations against the use of asbestos are also generating new opportunities for the fiber cement market.
Fiber cement is a composite material used for building and construction purposes, utilized mainly in roofing and facade products. The fiber cement initially constituted of 90% cement and 10% asbestos fibers mixed with water. Government’s ban on asbestos, led to the use of cellulose fiber extracted from plantations, as its substitute.
Fiber cement boards and planks are flexible, water resistant, fire proof, highly durable and resistant to insects and chemical corrosion. They are useful in all kinds of buildings and throughout the whole house, including, walls, roofs, false wall, etc. Applications of fiber cement building materials includes their use as substrates, for internal/external cladding and use in wet areas where water resistance is required, as well as areas where weather and fire resistance is essential.
The report includes –
Segmentation: Based on material segment, the report segregates the segment and delivers the revenue, growth rate, and market share, of each type,
• Portland cement
• Sand
• Cellulosic material (fiber)
• Others (paints, polymeric additives)
On the basis on the applications, this report focuses on the status and outlook for major applications, market share and growth rate for each application, including
• Molding & Trim
• Siding
• Roofing & Ceilings
• Others (backer boards, countertops, interior wall cladding)

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On the basis of end-user, the market has been segmented further, and displays growth rate and market share over the forecast period;
• Residential
• Commercial
• Industrial
Geographic Segmentation: This report split global market into North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, with revenue (Billion USD), market share and growth rate of fiber cement market for these regions, from 2015 to 2025 (forecast)
• North America: U.S., Rest of North America
• Europe: Germany, France, UK, rest of Europe
• Asia Pacific: China, Japan, India and Rest of Asia Pacific
• Middle East & Africa: GCC, North Africa, South Africa and Rest of MEA
• Latin America: Brazil and Rest of Latin America
Key players: Overview of market leaders in fiber cement market by top manufacturers/players, with revenue (Billion USD) and market share for each manufacturer/player. The top players including Etex Group NV, James Hardie Industries PLC, Evonik Industries AG, Toray Industries Inc., CSR Limited, The Siam Cement Public Company Limited, Nichiha Fiber Cement, Plycem USA, Inc. and Cembrit Holding A/S.xed POS terminal

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