Global Fiber Cement Market

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Global Fiber Cement Board Market is expected to
cross USD 2,263.0 Million by 2025 at a CAGR of
7.4
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Market Overview 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. Get Free Sample Report
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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 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. Browse Complete
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• 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)

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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 board
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.
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