Fiber Cement Market Is Anticipated To Grow At A Cagr Of 3%-5% During 2020-2025

By Author: Lucintel LLC
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The global fiber cement market is projected to grow at a CAGR of 3%-5% during 2020-2025. The growth of fiber cement market is driven by increase in demand for fiber cement products for construction activities, rise in government regulations on use of asbestos, and high demand of contractors for environmental friendly & sustainable construction products across the world.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the fiber cement market by material (portland cement, sand, cellulosic material, and others), application (siding, molding & trim, backer boards, flooring, roofing, and wall partitions), end use (residential and non-residential), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the fiber cement market?
Q.4 What are some changing demands of customers in the fiber cement market?
Q.5 What are the new developments in the fiber cement market? Which companies are ...
... leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this fiber cement area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this fiber cement market?
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Market Segmentation:
Based on product type, the fiber cement market is segmented into siding, molding & trim, backer boards, flooring, roofing, and wall partitions. The siding segment is accounted for the largest share of the market in 2020 as fiber cement siding improves the aesthetic appeal of buildings. Along with being affordable, fiber cement is most suitable for regions with extreme weather conditions.
Asia Pacific it is also expected to witness the largest region and it is also expected to witness the highest growth over the forecast period due to improving global economy, growing construction sector, particularly in rapidly growing countries, such as China and India, huge foreign investments, and growing awareness of the hazardous-effects of using asbestos.
Key Players in the fiber cement market are Toray Industries, Zykron, James Hardie Building Products, Plycem, Nichiha Corporation, and Etex Group
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/fiber-cement-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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