Commercial Fiber Cement Board Market Report 2026

The commercial fiber cement board market size has grown strongly in recent years. It will grow from $12.94 billion in 2025 to $13.73 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increasing adoption of fiber cement boards in commercial cladding due to durability and low maintenance, rising demand for moisture-resistant materials for hospitals and industrial facilities, expansion of commercial construction activities driving use of fiber cement wall and ceiling panels, replacement of traditional materials such as wood and gypsum with fire-resistant fiber cement alternatives, advancements in manufacturing processes improving board strength and design versatility.

The commercial fiber cement board market size is expected to see strong growth in the next few years. It will grow to $17.17 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to growing preference for sustainable and long-life building materials in commercial projects, rising demand for high-performance fiber cement solutions for energy-efficient building envelopes, expansion of commercial real estate development in emerging economies boosting board consumption, increasing use of fiber cement flooring and roofing sheets in modular and prefabricated construction, continuous innovation in lightweight and aesthetic fiber cement products for modern commercial architecture. Major trends in the forecast period include increasing demand for moisture-resistant commercial fiber cement boards, growing use of fire-rated panels for safety compliance, rising adoption of decorative textured boards in commercial interiors, expansion of fiber cement roofing and façade solutions, greater preference for durable, low-maintenance cladding materials.

The rising commercial construction activities are expected to drive the growth of the commercial fiber cement board market moving forward. Commercial construction involves the development and expansion of non-residential buildings such as office complexes, shopping centers, hotels, and educational institutions. This increase in commercial construction is largely fueled by growing urbanization, as expanding urban populations create greater demand for office spaces, retail outlets, hotels, and infrastructure that support economic and social progress in cities. Commercial fiber cement boards contribute to these construction projects by offering a durable, fire-resistant, and low-maintenance building material that is well-suited for high-traffic areas and long-lasting structural integrity. For example, in June 2025, the U.S. Census Bureau, a US government agency, reported that total public commercial construction spending in the United States reached $7.01 billion in April 2025, up from $4.87 billion in April 2024. Consequently, the surge in commercial construction activities is boosting the growth of the commercial fiber cement board market.

Leading companies in the commercial fiber cement board market are concentrating on developing innovative products such as lightweight and high-strength boards to enhance installation efficiency and structural performance. These fiber cement panels are designed to reduce overall weight while retaining high durability and load-bearing capacity. They facilitate easier transportation and installation, lower labor expenses, and improve structural efficiency without sacrificing strength or functionality. For instance, in June 2025, IME Group, a Nepal-based conglomerate, launched the Everest Fiber Cement Board Industry, Nepal’s first commercial manufacturing facility dedicated to producing lightweight and high-strength fiber cement boards aimed at enhancing installation efficiency and promoting sustainable construction methods. The facility operates using fully automated technology and has a daily production capacity of 75,000 square feet. These boards are engineered to be fire-resistant, weather-resistant, and environmentally friendly, providing a sustainable alternative to conventional building materials. This launch aligns with the company’s strategic goal of reducing dependence on imports, lowering construction costs, and supporting local employment by utilizing domestic raw materials and workforce.

In January 2024, Etex NV, a Belgium-based manufacturer of building materials, acquired the plasterboard and fiber cement businesses of BGC (Australia) Pty Ltd for an undisclosed sum. Through this acquisition, Etex NV intends to expand its sustainable product range and strengthen its market position in plasterboard and fiber cement sectors throughout Australia and New Zealand. The company plans to integrate BGC’s manufacturing facilities, distribution network, and local expertise to improve customer access to eco-friendly construction materials and accelerate long-term growth in these promising markets. BGC (Australia) Pty Ltd is an Australian construction company specializing in the production of plasterboard and fiber cement products.

Major companies operating in the commercial fiber cement board market are Compagnie de Saint-Gobain, Etex NV, James Hardie Industries plc, CSR Limited, SCG Building Materials Company Limited, Nichiha Corporation, Shandong Lutai Building Material Science and Technology Group Company Limited, Century Plyboards (India) Limited, HIL Limited, NCL Industries Ltd., Everest Industries Limited, Ramco Industries Limited, Plycem USA Inc., Hume Cemboard Industries Sendirian Berhad, KMEW Co., Ltd., Mahaphant Fibre Cement Public Company Limited, Visaka Industries Limited, Soben International Limited, American Fiber Cement Corporation, Swisspearl Group AG.

North America was the largest region in the commercial fiber cement board market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial fiber cement board market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on cement additives, cellulose fibers, processing equipment, and mineral fillers have increased production costs in the commercial fiber cement board market, impacting especially premium textured and painted board categories. Import-dependent regions face price surges and delays in acquiring specialized raw materials. Yet, tariffs have encouraged domestic manufacturing, strengthened regional supply chains, and driven innovation toward more cost-efficient local formulations.

The commercial fiber cement board market research report is one of a series of new reports that provides commercial fiber cement board market statistics, including the commercial fiber cement board industry global market size, regional shares, competitors with the commercial fiber cement board market share, detailed commercial fiber cement board market segments, market trends, and opportunities, and any further data you may need to thrive in the commercial fiber cement board industry. This commercial fiber cement board market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Commercial fiber cement board is a robust building material composed of cement, cellulose fibers, sand, and various additives. It is designed to provide high strength along with resistance to moisture, fire, and pests, making it ideal for commercial construction applications. Its structural durability and minimal maintenance needs make it commonly used for cladding, partition walls, ceilings, and flooring in office buildings, retail outlets, hospitals, and industrial facilities.

The main varieties of commercial fiber cement board include plain, textured, painted, and veneered fiber cement boards. Plain fiber cement board features a smooth, uncoated surface made from cement and cellulose fibers, serving as a versatile base for both interior and exterior construction finishes. These boards come in several thickness categories: under 6 millimeters, 6 to 12 millimeters, 12 to 18 millimeters, and over 18 millimeters. They find applications in exterior cladding, interior walls, roofing, and flooring. Distribution occurs through direct sales, wholesale distributors, online retailers, and specialty shops. The key end-use sectors are residential, commercial, industrial construction, and infrastructure development.

The countries covered in the commercial fiber cement board market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The commercial fiber cement board market consists of sales of fiber cement siding boards, fiber cement roofing sheets, fiber cement wall panels, fiber cement ceiling boards, and fiber cement flooring sheets. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.