Quick Summary:
As markets worldwide continue their trajectory towards sustainability and efficiency, understanding the growth patterns and potential in the Global Fiber Cement Market presents a compelling opportunity for discerning investors. Currently estimated at US$18.6 billion and predicted to reach US$26.9 billion by 2030, this market is set for steady growth. Specified sections of the market like Portland Cement and the Silica segment are also experiencing appreciable growth rates, underscoring the overall vitality of this sector.
Notably, this report provides a comprehensive break-down of global market distribution, with an emphasis on powerhouse economies like the U.S. and China, as well as emerging markets in Europe, Japan, and Canada. Complementing this detailed geographical analysis is an insightful look at key industry competitors, painting a fuller picture of the competitive landscape in the Fiber Cement Market. Offering crucial foresight, this report is an essential investment for business executives aiming to secure a strategic edge in this rapidly evolving industry.
Global Fiber Cement Market to Reach $26.9 Billion by 2030
The global market for Fiber Cement estimated at US$18.6 Billion in the year 2022, is projected to reach a revised size of US$26.9 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Portland Cement, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$12.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Silica segment is readjusted to a revised 3.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.9 Billion, While China is Forecast to Grow at 7.5% CAGR
The Fiber Cement market in the U.S. is estimated at US$4.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6 Billion by the year 2030 trailing a CAGR of 7.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 21 Featured) -
- Cembrit Holding A/S
- Compagnie de Saint-Gobain
- CSR Ltd.
- Etex SA
- Evonik Industries AG
- James Hardie Industries PLC
- Nichiha Corporation
- Plycem Construsistemas Costa Rica, SA
- The Siam Cement Public Company Limited
- Toray Industries, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Fiber Cement?
What is the growth rate of the Global Market for Fiber Cement?
What is the forecasted size of the Global Market for Fiber Cement?
Who are the key companies in the Global Market for Fiber Cement?
| Report Attribute | Details |
|---|---|
| No. of Pages | 284 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 18.6 Billion |
| Forecasted Market Value ( USD | $ 26.9 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Cembrit Holding A/S
- Compagnie de Saint-Gobain
- CSR Ltd.
- Etex SA
- Evonik Industries AG
- James Hardie Industries PLC
- Nichiha Corporation
- Plycem Construsistemas Costa Rica, SA
- The Siam Cement Public Company Limited
- Toray Industries, Inc.
