Fiber Cement Market with Covid-19 Effect Analysis, Size, Share, Growth Drivers, Business Opportunities and Demand Forecast to 2025

(CDN Newswire via Comtex)

Fiber Cement Market Summary: Global Fiber Cement Market is valued approximately USD 15.80 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2019-2026.

The fiber cement is considered as a material which affixes to the exterior of both residential and commercial spaces due to its characteristics as resistance to wear and tear to concrete along with benefiting the residential space by keeping it sustainable from harsh elements of the environment. The residential sector is the primary user of fiber cement. The fiber cement market is primarily driven owing to surging construction sector which include both residential and commercial spaces, escalating number of smart city projects, rising disposable income of the individuals along with housing projects initiatives by the central governments. However, the impact of COVID-19 has negatively impacted the infrastructure development and construction activities in both developed and developing countries and would continue to do so due to shortage of labor and the impact of this pandemic would result into the rise in prices of fiber cements ultimately leading to restraining the development and growth of fiber cement in the coming months. Moreover, the surging construction sector which include both residential and commercial spaces is acting as key factor towards the utility and adoption of fiber cement as fiber cement are majorly used in the exterior applications of housing and buildings.

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For instance: According to International Construction Market Survey, the growth rate of construction industry globally in the year 2017 was estimated to be around 3.5% and it was estimated to reach to 3.9% (approx.) in the year 2018. In addition, as per the annual report of European Construction Industry Federation (FIEC) in 2017, it is stated that construction activity in entire Europe grew by around 2.2% in the year 2016 (reaching approximately 1,278 billion Euro) compared to the year 2015. Similarly, in the year 2017, a similar surge is forecasted (more than 2%) followed by increase of 3% in the year 2018 resulting into positively influencing the development and growth of fiber cement market. However, high cost of fiber cements as compared to traditional cements impedes the growth of the market over the forecast period of 2020-2026.

The regional analysis of global Fiber Cement market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the surging construction sector which include both residential and commercial spaces along with rising disposable income of the individuals. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as escalating number of smart city projects along with government initiatives such as housing projects would create lucrative growth prospects for the Fiber Cement market across Asia-Pacific region.

Major market player included in Fiber Cement Market report are:
James Hardie Building Products Inc
Zykron Fibre Cement Solutions
Plycem
Etex Group NV
Toray Industries Inc.
Cembrit Holding
Nichiha Corporation
The Siam Fibre-Cement Company Ltd
CSR Limited
Building Materials Corporation of America

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Raw Material:
Portland Cement
Silica
Cellulosic Fiber
Others

By Application:
Siding
Roofing
Cladding
Molding and Trimming
Others

By Application:
Residential
Non-Residential

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Target Audience of the Global Fiber Cement Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Table of Content

Chapter One: Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter Two: Global Fiber Cements Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter Three: Global Fiber Cements Market Dynamics
3.1. Fiber Cements Market Impact Analysis (2018-2026)

Chapter Four: Global Fiber Cements Market Industry Analysis
4.1. Porter's 5 Force Model
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

Chapter Five: Global Fiber Cements Market, by Rack Units
5.1. Market Snapshot
5.2. Global Fiber Cements Market by Rack Units, Performance - Potential Analysis
5.3. Global Fiber Cements Market Estimates & Forecasts by Rack Units 2016-2026 (USD Billion)
5.4. Fiber Cements Market, Sub Segment Analysis

Chapter Six: Global Fiber Cements Market, by End-User Industry
6.1. Market Snapshot
6.2. Global Fiber Cements Market by End-User Industry, Performance - Potential Analysis
6.3. Global Fiber Cements Market Estimates & Forecasts by End-User Industry 2016-2026 (USD Billion)
6.4. Fiber Cements Market, Sub Segment Analysis

Chapter Seven: Global Fiber Cements Market, Regional Analysis
7.1. Fiber Cements Market, Regional Market Snapshot
7.2. North America Fiber Cements Market
7.3. Europe Fiber Cements Market Snapshot
7.4. Asia-Pacific Fiber Cements Market Snapshot
7.5. Latin America Fiber Cements Market Snapshot
7.6. Rest of The World Fiber Cements Market

Chapter Eight: Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles

Chapter Nine: Research Process
9.1. Research Process
9.2. Research Attributes
9.3. Research Assumption

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Note: Our report does take into account the impact of corona virus pandemic and dedicates qualitative as well as quantitative sections of information within the report that emphasizes the impact of COVID-19.

As this pandemic is ongoing and leading to dynamic shifts in stocks and businesses worldwide, we take into account the current condition and forecast the market data taking into consideration the micro and macroeconomic factors that will be affected by the pandemic.

This content has been distributed via CDN Newswire press release distribution service. For press release enquires please mail us at [email protected].

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