The market for fiber cement will grow from USD 13.75 Billion in 2016 to USD 17.38 Billion by 2021, at a CAGR of 4.80%.

The market for fiber cement is growing due to growth in the construction industry and stringent regulations regarding the use of asbestos cement. Rising per capita income of the middle class has increased its purchasing power, which has resulted in an increase in the number of new constructions.

The objective of the report is to define, segment, and project the size of the fiber cement market on the basis of material, end use, application, and region and to provide detailed information regarding the main factors such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the market.

The competition in the fiber cement industry is growing considerably owing to the growth of the construction industry and emergence of new technologies.

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Target audience

Raw material suppliers and producers
Regulatory bodies
Fiber cement distributors/suppliers
End users (builders, contractors)
The fiber cement market is segmented on the basis of material, application, end-use, and region.

There are certain factors prevailing in the market that hinder the growth of this industry. Some of these are high costs of fiber cement products as compared to alternatives such as vinyl or aluminum. Further, installation process of fiber cement products is complex.

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The Leading Market Player:

The global market for fiber cement is dominated by large players such as Etex Group NV (Belgium), James Hardie Industries PLC (Ireland), Evonik Industries AG (Germany), Compagnie de Saint Gobain SA (France), and Toray Industries Inc (Japan). Other players in this market include CSR Limited (Australia), The Siam Cement Public Company Limited (Thailand), Nichiha Fiber Cement (Japan), Plycem USA, Inc. (U.S.), and Cembrit Holding A/S (Denmark).         

Premium Insights

Attractive Market Opportunities for Fiber Cement
Fiber Cement Market, By Material, 2014-2021 (USD Billion)
Fiber Cement Market, Asia-Pacific, 2015 (USD Billion)
Growth Rate, By Country, 2016 to 2021
Market Share, By Region, in 2015
Emerging Markets vs Developed Markets
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