Pune, India, August 2019, MRFR Press Release/- Market Research Future has Published a Half-Cooked Research Report on the Global Fiber Cement Board Market.
Fiber Cement Board Market Highlights
The Fiber Cement Board Market is expected to grow from USD 12.5 billion in 2022 to USD 19.55845 billion by 2032, registering a CAGR of 5.10%.
Segmentation
By Raw Material: Portland cement is used as the base for the majority of fiber cement boards due to its standardization and ease of availability. Fiber cement boards made from this material can be used for a variety of purposes depending on the density and thickness. They are utilized for their weather resistance and long life. The Portland cement segment is expected to be larger. For niche applications, silica fiber cement boards are utilized. Silica is more compact than Portland cement and offers better thermal conduction; however, it is also more expensive.
By Type: Fiber cement boards can be classified, based on their density, as low density, medium density, and high density. The primary advantage of low-density fiber cement board is its low cost and ease of manufacture. It finds utility in reduced-stress applications such as interior ceilings and partitions. However, it is not very durable and, therefore, cannot be used in high-stress environments. The largest segment is projected to be high-density fiber cement boards due to the excellent durability, weather resistance, and sound-dampening properties of this type. High-density fiber cement boards are used extensively in non-residential construction and to a certain extent in residential construction where a high degree of weather protection is required. Medium-density fiber cement boards are an excellent compromise between the qualities offered by the high-density boards and the affordable pricing of the low-density boards.
By Application: Fiber cement boards are used extensively in residential and non-residential applications. The residential buildings application segment of the global fiber cement board market is growing due to the low maintenance required for these boards post installation. The boards also provide excellent weather resistance and are resistant to fire and biological agents such as termites and mildew. The non-residential Prefabricated Buildings segment is projected to be larger. This is due to the size of the non-residential construction market. Moreover, the qualitative improvement offered by fiber cement board increases markedly with the increase in the quantity of the product being used. The low maintenance costs and other properties of fiber cement boards offset their high costs. In April 2018, James Hardie Industries PLC, a manufacturer of fiber cement board, acquired XI (DL) Holdings GmbH for USD 523 million in order to expand operations throughout Europe and North America.
Key Players
- James Hardie Europe GmbH (Australia)
- Etex (Belgium)
- Cembrit Holding A/S (Denmark)
- SHERA (Thailand)
- Soben International (Asia Pacific) Ltd (Hong Kong)
- SCG (Thailand)
- Biele Group (Spain)
- LATONIT (Russia)
- NICHIHA (Japan)
- Everest Industries (India)
- Toray Industries Inc. (Japan)
Access Full Report Details - Fiber Cement Board Market Size
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Base Year | 2019 |
Companies Covered | 15 |
Pages | 111 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.