Fiber Cement Board Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

Report Code: CMR 62541 Report Format: PDF + Excel (Delivery in 48 Hrs)


Fiber Cement Board Market size is forecast to reach $2.5 Billion by 2025, after growing at a CAGR of 8.20% during 2020-2025. Fiber cement boards are defined as a composite material made up of sand, cement and cellulose fibers. It is a combination of cement and reinforcing fiber which contributes to making the fiber cement material even stronger. Whereas, fiber cement siding is a building material used to cover the exterior of a building in both commercial and domestic applications. With a growing population, the demand for residential construction has seen an upsurge in the recent past. There are many inventions pertaining to the kind of materials being used in construction activities. One such important innovation is the fiber cement board which is made up of mixtures of cement, water, and either reinforcing fibers or particles.

Report Coverage

The report: “Fiber Cement Board Market– Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Fiber Cement Board Industry.

Key Takeaways

  • Higher growth in the urban housing sector in the world, especially in developing economies such as China and India, due to an exponentially growing population has led to strong demand for construction chemicals and products such as fiber cement board
  • Fiber cement is easy to alter in terms of visual properties. They can easily be manufactured to look like natural wood planks or shingles. It can maintain the aesthetic properties of the house as it does not compromise on the traditional design and thus, increases its acceptance to home owners.
  • Role of fiber cement board in making fire resistant buildings will be a major opportunity for the fiber cement board market during the forecast period.

By Type - Segment Analysis

Low-Density segment held the largest share in the fiber cement board in 2019. Low-density fiber cement is designed with the best structural efficiency but is generally not considered to be used for external applications requiring high strength capabilities. With rising construction throughout the globe, the demand for low density fiber cement board is set to surge majorly in interior applications. Low density FC can be used in structural flooring particularly in bathrooms, providing considerable strength to weight ratio and is effectively water resistant. 

By Application- Segment Analysis

Commercial buildings segment held the largest share in the fiber cement market in 2019 growing at a CAGR of 8.35% during the forecast period. Fiber cement boards have become a convenient option in the construction of commercial buildings as they are better options than plywood and other materials. Cement boards are used because when compared to gypsum boards, they stand strong in the presence of moisture and leaks. Cement boards have excellent moisture absorbing and drying properties making them resistant to weather change as well. Fiber cement boards are better choices for applications such as wall cladding, wall portioning, and decorative walling owing to its properties such as high impact strength and fire resistance. Fiber cement boards are also best used for exterior wall panels outside the house as siding due to their durable and water-resistant/waterproof nature.

Geography - Segment Analysis

Asia-Pacific dominated the fiber cement board market with a share of more than 35% during the forecast period.  The economic outlook for Asia-Pacific region is favorable owing to the large economic developments in China and other developing countries. The factor that led to this growth is the rapid industrialization and humungous amount of construction in this region. China was the top destination for FDI, where the construction sector grew by 7.8% in 2015. The stable investments in the construction sector indicate that the country is still an attractive recipient for foreign investors due to increased industrial restructuring and urbanization.

Drivers – Fiber Cement Board Market

·         The use of fiber cement boards and claddings are useful in harsh environment conditions

Fiber cement installations are particularly useful in areas with persistent harsh environments. They can act as a viable replacement for aluminum and wood installations typically found near marine environment, where the air is salty. These sidings also provide good protection against rain and hail

·         Lightweight fiber cement products facilitate transportation and helps in cost saving.

As fiber cement derived boards are much lighter than their aluminum and wood counterparts, they can easily be transported from the factory to the consumer. Moreover, the lightweight also helps in cost savings by reducing the use of fuel for transportation.

Challenges – Fiber Cement Board Market

·         Fiber cement manufacturers face unprecedented challenges due to the high cost of the product

The manufacturing process for fiber cement is such that it adds up to the cost of the final product. Generally, they cost upto 3 to 4 times more than conventional materials. Fiber cement boards need to be repainted every 15 to 20 years, thus maintenance cost is also high. Additionally installation of fiber cement fixtures requires more manpower who are skilled in handling the fiber cement boards, as they are susceptible to damage when not handled properly.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the sailcloth market. In 2019, the market of fiber cement board has been consolidated by the top five players accounting for xx% of the share. Major players in the fiber cement board market are James Hardie Industries PLC, Etex Group NV, Cembrit, Mahaphant Fibre Cement Co., Ltd., Everest Industries, Saint-Gobain, Hume Cemboard Industries and Nichiha Corporation among others.

Acquisition/ Investment

  • In December 2017, James Hardie Industries acquired German based XI (DL) Holdings GmbH and its subsidiaries (including, but not limited to, Fermacell GmbH) from Xella International S.A. With this acquisition James Hardie Industries added high-quality business of fiber cement business growth in Europe.
  • In July 2015, Etex invested 62 million euros in the second factory in Indonesia. This new production facility will strengthen Etex’s market leader position by locally producing fibre cement building boards.

1. Fiber Cement Board Market - Overview
        1.1 Definitions and Scope
2. Fiber Cement Board Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Fiber Cement Board Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Fiber Cement Board Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Fiber Cement Board Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Fiber Cement Board Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Fiber Cement Board Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Fiber Cement Board Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Low Density
            8.3.2 Medium Density
            8.3.3 High Density
9. Fiber Cement Board Market - By Raw Material (Market Size -$Million / $Billion)
9.1 Portland Cement
9.2 Silica
10. Fiber Cement Board - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Commercial Building
            10.3.2 Residential Building
11. Fiber Cement Board- By Geography (Market Size -$Million / $Billion)
        11.1 Fiber Cement Board Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
         Rest of North America
        11.3 Fiber Cement Board- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
         Costa Rica
         Rest of South America
        11.5 Fiber Cement Board- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
         Rest of Europe
        11.7 Fiber Cement Board - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
         South Korea
         Hong Kong
         Rest of APAC
        11.9 Fiber Cement Board - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
         Saudi Arabia
            11.10.6 Africa Segment Analysis
         South Africa
         Rest of Middle East & Africa
12. Fiber Cement Board Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Fiber Cement Board Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at a global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Fiber Cement Board Market - Key Company List by Country Premium
15. Fiber Cement Board Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Cembrit
        15.3 Elementia, S A B De C V
        15.4 Etex Group Nv
        15.5 Everest Industry
        15.6 Hume Cemboard Industry
        15.7 James Hardie Industry Plc
        15.8 Mahaphant Fibre Cement Co , Ltd
        15.9 Nichiha Corporation
        15.10 Saint-Gobain
        15.11 Soben Board
        15.12 Company 11
        15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Fiber Cement Board Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Fiber Cement Board Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Fiber Cement Board Market Size 2018
2 Canada Fiber Cement Board Market Share 2018
3 Brazil Fiber Cement Board Market Outlook 2019 - 2023
4 Mexico Fiber Cement Board Market Research 2018
5 Germany Fiber Cement Board Market Trends 2019 - 2023 
6 France Fiber Cement Board Market Growth 2019 - 2023 
7 UK Fiber Cement Board Market Demand 2019 - 2023 
8 Italy Fiber Cement Board Market Segmentation 2018
9 Russia Fiber Cement Board Market Analysis 2019 - 2023
10 China Fiber Cement Board Market Revenue 2019 - 2023
11 Japan Fiber Cement Board Market Volume 2019 - 2023
12 South Korea Fiber Cement Board Market Potential 2019 - 2023
13 India Fiber Cement Board Market Leaders 2018
14 Saudi Arabia Fiber Cement Board Market Forecast 2019 - 2023 
15 Kuwait Fiber Cement Board Market Value 2018

List of Figures

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