India Fibre Cement Boards and Sheets Market, By Raw Material (Asbestos and Non Asbestos), By End-Use (Residential and Non-Residential), By Application (Siding, Roofing, Cladding, Molding & Trimming & Others), By Company and By Region, Forecast & Opportunities, FY2016-FY2027

The Indian Fibre Cement Boards and Sheets Market is assessed to arrive at USD760 million by FY2026, developing at a CAGR of more than 3%, in value terms attributable to the expanding development in arising economy of India, combined with the expanding inclination of fibre cement over its alternatives because of its adaptable properties. The roofing segment is foreseen to hold the largest market share by FY2026, because of the far-reaching utilization of fibre cement in residential as well as non-residential applications. The fibre cement boards and sheets are in high demand in urban as well rural cities. Fibre cement is projected to lead the market in the from FY2021 to FY2026F because of high monetary development and expanding government investments in infrastructure development.

Fibre concrete sheets have been in use for over eighty years as a result of their weather resistance. The Indian roofing industry has gone through a change in perspective because of the growth in industrial applications. This encouraged a higher interest for various types of sheets (domestic, commercial, and industrial). In rural buildings, corrugated roofing sheets possess repetitive folds on their surface as this unique shape offers enduring utility and strength. Their corrugated design with ridges and grooves makes asbestos sheets stronger and their wavy structure increases strength covering small surface areas.

The Indian Fibre Cement Boards and Sheets Market is segmented based on material, application, end-use, region, and company. Based on end-use the market can be segmented into moulding and trim, siding, roofing, and others. Out of which, the roofing segment is projected to dominate the market in terms of revenue generated, which can be attributed to the increasing government investments in construction and infrastructure. In addition to this, designer fibre cement boards and panels are of huge application in home décor, which is widely used in urban cities and is further expected to augment the growth of the segment over the coming years.

Major players operating in the Indian Fibre Cement Boards and Sheets Market include Hyderabad Ind Ltd. (HIL), Visaka Industries Ltd. (VIL), Everest Industries Ltd., Ramco industries, Sahyadri Industries Utkal Asbestos, UP ASBESTOS LTD. (UPAL), NCL Industries, Mahaphant Fibre cement Pvt. Ltd., A Infrastructures Pvt. Ltd and others.

Years considered for this report:

• Historical Years: FY2016-FY2019
• Base Year: FY2020
• Estimated Year: FY2021
• Forecast Period: FY2022-FY2026

Objective of the Study:

• To analyze the historical growth in the market size of the Indian Fibre Cement Boards and Sheets Market from FY2016 to FY2020.
• To estimate and forecast the market size of the Indian Fibre Cement Boards and Sheets Market from FY2021 to FY2026.
• To classify and forecast the Indian Fibre Cement Boards and Sheets Market based on material, application, end-use, company and regional distribution.
• To identify drivers and challenges for the Indian Fibre Cement Boards and Sheets Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Fibre Cement Boards and Sheets Market.
• To conduct pricing analysis for the Indian Fibre Cement Boards and Sheets Market.
• To identify and analyse the profile of leading manufacturers in the Indian Fibre Cement Boards and Sheets Market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across India. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analysed the new products, distribution channels and presence of all major players across India.

The publisher calculated the market size of the Indian Fibre Cement Boards and Sheets Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• Fibre cement manufacturers, suppliers, distributors, and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to fibre cement boards and sheets
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:

In this report, the Indian Fibre Cement Boards and Sheets Market has been segmented into following categories, in addition to the industry trends which have also been detailed below: detailed below:

Market, By Raw Material:

• Asbestos
• Non-Asbestos

Market, By End-Use:

• Residential
• Non-residential

Market, By Application:

• Moulding & Trim
• Cladding
• Siding
• Roofing
• Others

Market, By Region:

• North
• West
• South
• East

Competitive Landscape

• Company Profiles: Detailed analysis of the major companies present in the Indian Fibre Cement Boards and Sheets Market.

Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.