The MarkNtel Advisors has released its latest report titled "Global Fiber Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028." This comprehensive analysis provides valuable insights into the market, including market share data. The report encompasses competitive analysis, geographical research, and recent advancements in the market. Whether you are an investor, researcher, consultant, marketing strategist, or planning to enter the industry in any capacity, this analysis can greatly benefit you.
Global Fiber Cement Market Definition:
Fiber cement is a composite construction material also acknowledged as reinforced fiber cement and is used mainly in roofing & facade works due to its strength & durability. It has several different benefits, including its low cost, fire resistance, water tightness, lightweight, and termite resistance. These properties of such products are easy to work with and low maintenance, making them the ideal choice for professional builders, designers, & architects. In addition, it is fungi, mold, and bacteria resistant, owing to its durability and ability to be disposed of in landfills. Due to these factors, Fiber cement is claimed to be an extraordinary material being non-vulnerable to the environment.
Global Fiber Cement Market Overview
The Global Fiber Cement Market is projected to grow at a CAGR of around 5.6% during the forecast period, i.e., 2023-28.
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What are the Market Driver in the industry?
Global Fiber Cement Market Driver:
Rising Prominence of Fiber Cement as an alternative to Asbestos in the Construction Industry - One of the significant key drivers responsible for the expansion of the market includes the rising prominence of fiber cement in the construction industry. Undoubtedly, the product has plenty of benefits to offer to its end users, and the market is projected to follow the footprints of success during 2023-2028. The growth can be attributed to the ban imposed on asbestos cement products. The International Ban Asbestos Secretariat (IBAS) reports that over 60 countries have enacted complete bans on Asbestos due to its well-known health and safety risks.
Competitive Landscape With Leading Key Players:
The report's analysis of the Global Fiber Cement market's competitive environment includes thorough profiles of the major industry competitors.
Among these important figures are:
-James Hardie Industries PLC (Ireland)
- Allura (US)
-Cembrit Holding A/S (Denmark)
-Etex Group NV (Belgium)
-American Fiber Cement Corporation (US)
-Toray Industries Inc. (Japan)
-Nichiha (Japan)
-Cembrit Holding A/S (Denmark)
-CSR Limited (Australia)
-Elementia
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Important Global Fiber Cement Market Segmentation
By Material
-Cellulosic Material
-Portland Cement
-Sand
By Application
-Cladding
-Roofing
-Siding
-Molding & Trimming
-Backer Boards
-Wall Partition
-Others
By End-Users
-Residential
-Non-Residential
By Fiber Type
-Polypropylene
-PVA
-Lignocellulose
-Carbon
-Others
By Production Process
-Hatschek Process
-Extrusion Process
-Perlite Process
By Region
-North America
-Europe
-Asia-Pacific
-South America
-Middle East & Africa
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Important Report Highlights:
- Historical Data (2018–2021)
- Base Year (2022)
- Market Prospects (2023–2028)
- Business Trends
- Drivers of the Market and Success Factors
- COVID-19's effects
- Value Chain Evaluation
- Comprehensive competitive landscape mapping
As part of the modification, we will give you any specific information you require that is not already covered by the report.
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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