Africa Fiber Cement Market - Forecast(2023 - 2028)

Report Code: CMR 1200 Report Format: PDF + Excel
Africa Fiber Cement Market Overview
Fiber Cement Composites are composed of Portland cement, silica, water, and wood pulp and are manufactured using the Hatschek process. Fiber composites are used to produce planks and boards, and have outstanding properties such as high durability, flexibility, water resistance, fire proof, and resistance to insects and chemical corrosion. The Africa Fiber Cement Market is estimated to grow at a CAGR of 2.44% during the forecast period 2018–2023. South Africa is forecast to be the fastest growing market with a CAGR of 3.00%, which can be mainly attributed to the increase in affordable residential projects in the country.

Africa Fiber Cement Market Outlook
Fiber Cement is a composite material made of sand, cement and cellulose fibers. It is a building material used to cover the exterior of a building in both commercial and domestic applications. Fiber cement possesses outstanding properties such as high toughness, minimum thickness, and inflammability, which makes it suitable for the construction of residential and commercial buildings, and for use in agricultural and industrial applications. According to IndustryARC findings, polypropylene will hold the largest market share during the forecast period. 
The Africa Fiber Cement market report comprises a pricing analysis for different types of fibers employed for fiber cement. The price of Polypropylene used in fiber cement is the highest among the counterparts and is expected to rise to $357.74 per ton by 2023.

Africa Fiber Cement Market Growth Drivers 
Fiber cement installations are particularly useful in areas with harsh environments. They can act as a viable replacement for aluminum and wood installations typically in marine environments where the air is salty. They also provide good protection against rain and hail. The alkali resistance offered by polypropylene-, PVA-, and carbon-based fiber cements has resulted in their increased adoption in the Eastern African region due to high alkalinity of water and soil in this region. Kevlar-, steel-, and carbon-based fiber cement also offer significant heat resistance. This has led to increased utilization of these fiber cements in the Sub-Saharan African market despite the high price. With significant R&D being focused on enhancing fiber cement’s utilization in harsh conditions, the market for this cement in the Sub-Saharan African region is set to rise significantly. 

Africa Fiber Cement Market Challenges 
The manufacturing process for fiber cement is such that it adds up to the cost of the final product. Generally, fiber cement costs up to 3 to 4 times more than conventional materials. When compared to vinyl sidings, fiber cement cost nearly $100 more per square meter. Thus, the high price of fiber cement can affect the growth of the market in the African region.

Africa Fiber Cement Market Research Scope
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the fiber cement in Africa fiber cement market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of fibers in the fiber cement market, and their specific applications in different industry verticals.

Africa Fiber Cement Market Report: Industry Coverage

Types of fibers in Fiber Cement: Polypropylene, Polyvinyl Alcohol, Glass Roving’s, Mineral Fiber, Asbestos, Lignocellulose, Carbon, Kevlar, Steel and others. 

Applications of Fiber Cement: Industrial, Residential and commercial buildings, non-residential, Agriculture and others. 
Type of fiber products in the Africa Fiber Cement Market: Flat Sheets, Corrugated Sheets, Laminated Skirts, Planks and others. 

The Africa fiber cement market report also analyzes the countries in the African region for the market. The regions and countries covered in the study include:
  • Africa: Egypt, Nigeria, South Africa, and Rest of Africa

Africa Fiber Cement Market Key Players Perspective
Etex Group is a major company that manufactures Fiber Cement in bulk. The company is headquartered in Belgium and operates in South America, EMEA, and Asia-Pacific regions. 
Group Five Ltd., headquartered in South Africa, caters to the Mining, Real Estate, Oil and Gas, Power, Water and Environment, and Transport sectors. It operates in 28 countries. 

Africa Fiber Cement Market Trends
  • Increased adoption of fiber cement boards due to their non-flammable nature is one of the trends in the fiber cement market. More than 90% of the materials used in boards and sidings are fire resistant. This is the USP of fiber cement products as homeowners are particularly wary of a fire in their house.
  • With fire safety regulations becoming increasingly stringent, a shift towards fiber cement is taking place, particularly in South Africa. The amendment of the National Building Regulations and Building Standards Act to improve fire safety will drive the market. Rising awareness in the African market regarding technologies that can limit the spread of fire in residential buildings through National programs will be the primary driver of the fiber cement market growth in Africa.
  • The other trend is the rapid urbanization in the African region, which is a growth factor for the fiber cement market. Africa is the second-fastest urbanizing continent, second only to Asia. By 2050, Africa’s urban population will represent 55% of the region’s total population..
  • This has led to significant growth of urban residential housing across the African region with fiber cement market consequently witnessing growth. The high durability of fiber cement has led to low maintenance requirements, thereby driving demand in the African market.
1. Africa Fiber Cement Market – Market Overview
2. Africa Fiber Cement Market – Executive Summary
3. Africa Fiber Cement Market – Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User profiling
3.2.3. Patent Analysis
3.2.4. Top 5 Financials Analysis
4. Africa Fiber Cement Market – Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of the Industry
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Africa Fiber Cement Market – Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Africa Fiber Cement Market – By Fiber Type
6.1. Polypropylene
6.2. Polyvinyl Acetate
6.3. Glass Roving’s
6.4. Mineral Fiber
6.5. Carbon Reinforced Fiber
6.6. Kevlar
6.7. Steel Fiber-Reinforced Shotcrete
6.8. Asbestos
6.9. Lignocellulose
6.10. Lime Stone Flour
6.11. Fly Ash
6.12. Calcium Silicate
7. Africa Fiber Cement Market – By Production Process
7.1. Hatschek Process
7.2. Extrusion Process
7.3. Perlite Process
7.4. Press Molding Process
7.5. Fourdrinier Process
7.6. Pour-on Layout Process
8. Africa Fiber Cement Market – By Product Type
8.1. Flat Sheets
8.2. Corrugated Sheets
8.3. Laminated Skirts
8.4. Single Slates
8.5. Planks
8.6. Casings
8.7. Panels
8.8. Fence
9. Africa Fiber Cement Market – By Application
9.1. Agriculture
9.2. Industrial
9.3. Residential
9.4. Non-Residential
9.5. Commercial
9.6. Tombstone
9.7. Monuments
9.8. Architectural Designs
9.9. Backer Baords
10. Africa Fiber Cement Market – By Geography
10.1. Africa
10.1.1. South Africa
10.1.2. Nigeria
10.1.3. Kenya
10.1.4. Algeria
10.1.5. Rest of Africa
11. Africa Fiber Cement Market – Market Entropy
11.1. New Product Launches
11.2. M&As, Collaborations, JVs, Partnerships
12. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
12.1. Company 1
12.2. Company 2
12.3. Company 3
12.4. Company 4
12.5. Company 5
12.6. Company 6
12.7. Company 7
12.8. Company 8
12.9. Company 9
12.10. Company 10
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best-efforts basis for private companies"
13. Appendix
13.1. Abbreviations
13.2. Sources
13.3. Research Methodology
13.4. Bibliography
13.5. Compilation of Expert Insights
13.6. Disclaimer