Cement boards are composed of different types of fibers and naturally occurring materials such as wool, wood fibers, bonded particles, wood strands, and others. Cement boards are majorly used in construction applications due to their longevity in the structures. These boards offer superior resistance to weather conditions, fire, and heavy winds. These properties make them ideal for exterior and partition walls, roofing, flooring, columns and beams, weatherboard, and cladding, facades, and acoustic and thermal insulation application.
Market Dynamics:
Strong growth in residential sector across the globe and increasing number of single-family homes in North America and Europe are key factor augmenting market growth. Moreover, growing investment in construction sector is also expected to contribute to growth of the cement board market. Increasing application of cement board in wall partition in commercial and residential spaces is projected to offer lucrative growth opportunities over the forecast period.
On the other hand, Environmental concerns related to the manufacturing of fiber cement boards and high cost of installation and maintenance are prime factors expected to hinder the market growth.
Key features of the study:
- This report provides in-depth analysis of the global cement board market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global cement board market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Etex group, Elementia Materials, Everest Industries Limited, James Hardie Industries PLC, Johns Manville, Knauf Gips KG, Saint-Gobain, BetonWood Srl, Cembrit Holding A/S, HIL Limited, GAF, and NICHIHA Co. Ltd
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global cement board market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cement board market
Detailed Segmentation:
- Global Cement Board Market, By Product Type:
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- Fiber Cement Board (FCB)
- Wood Wool Cement Board (WWCB)
- Wood Strand Cement Board (WSCB)
- Cement Bonded Particle Board (CBPB)
- Global Cement Board Market, By Application:
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- Flooring
- Exterior and Partition Walls
- Roofing
- Columns and Beams
- Facades, Weatherboard, and Cladding
- Acoustic and Thermal Insulation
- Other Applications (Prefabricated Houses, Permanent Shuttering, Fire- resistant Construction, etc.)
- Global Cement Board Market, By End-User Industry:
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- Residential
- Commercial
- Industrial and Institutional
- Global Cement Board Market, By Geography:
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- Asia-Pacific
- North America
- Europe
- South America
- Middle East & Africa
