HYDERABAD – 09-26-2018 (PRDistribution.com) — Syndicated report on “Global Fiber Cement Market – Size, Share and Forecast (2018-2025)” has been added to DataM Intelligence’s product offering.
The Global Fiber Cement Market is estimated to reach a market value of USD 18,873.8 million by 2025 from an initial market value of USD 12,957.4 million in 2017. The market is estimated to grow at a CAGR of 4.78% in the forecast period 2018-2025.
Fiber reinforced cement or fiber cement is a composite building and construction material primarily used in roofing and facade products. The principal role of fiber cement in the concrete composite is to control cracks, increase the tensile strength, toughness as well as to improve the deformation characteristics of the concrete. The demand for fiber cement is rapidly rising in all regions owing to its high strength, durability, resistance and anti-microbial properties.
Increasing construction activities, particularly in the residential sector is the primary factor driving the demand for fiber cement. Fiber cement installations are particularly useful in areas with persistent harsh environments. These provide good protection against rain and hail. Stringent regulatory protocols against the usage of asbestos are also providing improved growth opportunities for fiber cement market. Rapid industrialization, especially in the emerging nations across the globe, is positively impacting the growth of the global fiber cement industry. Complex manufacturing procedure, comparatively high product and maintenance costs are prime restraining factors for its market growth.
Polypropylene, PVA, Lignocellulose, Carbon are the broad categories of fiber types. Polypropylene fiber is the major fiber of choice in cement production process owing to its high flexural strength and semi-crystalline nature. It is significantly used in the construction industry for concrete curing blankets, aluminum extruded products, functional and decorative hardware, protection for buried pipelines and many others.
By geography, the report segments the market into – North America, South America, Europe, Asia-Pacific and Rest of the World. The market for fiber cement is dominant in the APAC region. The recent growth momentum in the largest economies in the APAC region remains particularly strong, reflecting policy stimulus in China and India, which in turn is benefiting other economies in Asia. Further, it is anticipated that the main impetus to growth in APAC will come from both the external sector (with better terms of trade and rising global demand) as well as the momentum of public and private investment across the regions and this is expected to better its share. The market is sustainably growing at a notable rate in developed regions (North America and Europe) as well.
Key Market Players:
- James Hardie Building Products Inc
- Cembrit Holding A/S
- Etex Group
- Mahaphant Fiber Cement Public Company Ltd
- Visaka Industries
- Nichiha Co. Ltd
- Everest Industries Ltd
- Saint Gobain SA
- HIL Limited
- Hekim Construction Inc
- Portland Cement
- Cellulosic Material
By Fiber Type
- Others (Glass Rovings, Steel, Asbestos)
By Production Process
- Hatschek Process
- Others (Industrial, Agriculture)
- North America
- South America
- Rest of the World
Report Chapters –
- Methodology and Scope
- Executive Summary
- Key Market Trends and Headlines
- Industry Analysis (covering market drivers and restraints, Porter 5 Forces, Regulatory Analysis and Patent analysis)
- Segment Analysis (By material, by fiber type, by Production process, by Application)
- Geographical Analysis
- Competitive Landscape
- Company Profiles
To avail a free sample about this report visit https://www.datamintelligence.com/research-report/fiber-cement-market/
Company Name: DataM Intelligence 4Market Research
Full Name: Sravanthi Addapally
Email Address: Send Email
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