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Fiber Cement Market | Covid-19 Impact Analysis
The Fiber Cement Market is Segmented by Material Type (Portland Cement, Sand, Fiber, and Others), by Application Type (Molding & Trim, Siding, Roofing, and Others), by End-Use Type (Residential, Non-Residential), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Fiber Cement Market is likely to witness an impressive CAGR of 4.5% during the forecast period. The prime factors contributing to the demand for fiber cement are stringent regulations regarding use of asbestos cement, growing construction industry due to the surge in world population, and increasing purchasing power of customers.
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Fiber Cement Market - Snapshot |
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Growth |
4.5% for the next five years |
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Major Application Type |
Siding |
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Major Material Type |
Portland |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Etex Group NV, James Hardie Industries PLC, Evonik Industries AG, Compagnie de Saint Gobain SA, and Toray Industries Inc, CSR Limited, The Siam Cement Public Company Limited, Nichiha Corporation, Plycem Corporation, and Cembrit Holding A/S. |
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Based on the application type, the fiber cement market is segmented as molding & trim, siding, roofing, and others. The siding segment is expected to register the largest market share, during the forecast period, driven by its advantages such as low maintenance and ability of being impervious to degradation.
Based on the material type, the market is segmented as portland, sand, fiber, and others. The portland segment is expected to occupy the largest share of the market, during the forecast period, as it is the widely used type of cement for making concrete and mortar.
In terms of regions, Asia-Pacific is estimated to be the largest fiber cement market during the forecast period. Increasing population and improving macroeconomic factors in the emerging economies such as India, Indonesia, and other countries are generating huge demand for construction materials in the region, which in turn, is driving the growth of the region’s market.
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Some of the major players in the fiber cement market are-
Fiber cement is a composite material that is made up of sand, cement, and cellulose fibers. Fiber cement cladding comes in various forms but it is most commonly seen in sheet form and in horizontal boards. These cements are widely used for construction purposes.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Fiber Cement Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
24 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
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The fiber cement market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The fiber cement market is expected to witness an impressive growth of 4.5% CAGR in the foreseeable future.
Asia-Pacific is expected to remain the largest fiber cement market during the next five years.
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 are among the key players in the fiber cement market.
The siding segment is expected to register the largest share of the fiber cement market in the coming years.
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