Precision Business Insights has published a report on the global fiber cement market, estimating its value at USD 13.6 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 3.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-fiber-cement-market
Market Definition:
Because of its strength and longevity, fiber cement, a composite building and construction material, is mostly employed in roofing and facade goods. Fiber cement siding for buildings is one typical application.
Drivers:
1) Increased usage of Asbestos’s Alternative
2) Increasing industrialization and booming construction industry
The global Fiber cement market segmentation:
1) By Material Type: (Portland Cement, Sand, Cellulosic Material, Others),
2) By End User: (Residential, Industrial, Agriculture, Others)
Regional Overview:
The report also examines the current concerns and their Future Effects on the fiber cement market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the fiber cement market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The key players profiled in the global Fiber cement market report are Allura (US), Alpha Roofing IndustriesLLC (US), American Fiber Cement Corporation (US), Cembrit Holding A/S (Denmark), CSR Limited (Australia), Etex Group NV (Belgium), GAF (US), James Hardie Industries PLC (Ireland), Nichiha (Japan), Shandong Cement (China), Toray Industries Inc. (Japan), Evonik Industries AG (Germany)
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