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PUBLISHER: Grand View Research | PRODUCT CODE: 1404831
PUBLISHER: Grand View Research | PRODUCT CODE: 1404831
Fiber Cement Board Market Size, Share & Trends Analysis Report By Type (High-density, Low-density, Medium-density), By Application (Furniture, Flooring, Wall Cladding & Panels), By Region, And Segment Forecasts, 2024 - 2030
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Fiber Cement Board Market Growth & Trends:
The global fiber cement board market size is expected to reach USD 27.19 billion by 2030, registering at a CAGR of 12.5% from 2024 to 2030, according to a new study conducted by Grand View Research, Inc. Fiber cement boards are often considered a cost-effective option in various construction applications such as cladding and flooring as these are known for their durability and longevity. They are resistant to rot, pests, fire, and adverse weather conditions, which helps minimize repair and replacement costs over time. Additionally, fiber cement boards require minimal maintenance, eliminating the need for costly upkeep and refinishing.
Fiber cement boards are procured in a variety of textures, finishes, and colors, allowing for a wide range of design options. As they are constructed from biodegradable and recyclable materials, fiber cement boards are considered an environmentally friendly alternative. This is due to the growing consumer preference for sustainable furniture solutions. These factors are expected to increase the market demand for furniture applications.
Cement and cellulose are the major components utilized for manufacturing fiber cement boards. Therefore, the manufacturing and expense of the product might be impacted by the availability and fluctuations in raw material prices. Any break in the supply chain could lead to higher expenses and probable production delays.
The manufacturing process and technological improvements are positively impacting the furniture industry in the market. Improvements in the processes of cutting, shaping, and joining fiber cement boards can enhance the quality, efficiency, and cost-effectiveness of furniture products. Surface treatments, coatings, and finishing advancements can also broaden the design possibilities and appeal of fiber cement board furniture.
Many players with a global presence, such as CenturyPly and Everest Industries Limited, are engaged in forward integration, i.e., they manufacture the products as well as directly sell their products to end users. They mainly sell their products through employees spread across different regions, product categories; and business segments. Additionally, the market players also maintain their e-commerce websites to reach a wide audience and eliminate the involvement of intermediaries or distributors.
Fiber Cement Board Market Report Highlights:
- HDFCB (high-density fiber cement board) was the largest market segment and accounted for 60.8% of the revenue share in 2023. Due to their minimal water absorption, HDFCB are particularly resistant to moisture-related effects such as warping, swelling, and mold growth. As a result, they are ideal for use in damp locations such as bathrooms and kitchens
- The Low Density Fiber Cement (LDFC) board is characterized by its light weight. It is a flexible building material that blends cement, cellulose fibers, and additives to produce a long-lasting and lightweight product. In terms of handling, installation, and performance, LDFC boards have various advantages. They are resistant to impact, weathering, decay, and insect infestation. As a consequence, they are suitable for flooring, roofing, wall cladding, and decorative displays
- The market for pre-fabricated shelters was the fastest growing segment with a CAGR of 13.6% in terms of volume in 2023. Fiber cement board offers a number of features that make it ideal for prefabricated shelter buildings. Prefabricated shelters are produced off-site in a controlled environment and then transported to the intended installation site
- In 2023, wall cladding and panels were the largest segment with a 64.0% revenue share. As fiber cement board has various advantages for wall cladding applications, it is frequently utilized in both residential and commercial developments. Fiber cement board is extremely durable and weather resistant, and can withstand moisture, UV radiation, and temperature variations. These characteristics make it suitable for exterior wall cladding, which is propelling the market growth
- The major manufacturers in the fiber cement board market include Beijing Hocreboard Building Materials Co. Ltd., HIL Limited, CenturyPly, Everest Industries Limited, and SAINT-GOBAIN. Companies are engaged in the adoption of strategic initiatives such as new product development and vertical integration to gain a competitive edge
Product Code: GVR-4-68040-091-9
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Fiber Cement Board Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Building Materials Market
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.1.1. Cement
- 3.2.1.2. Synthetic Fibers
- 3.2.2. Manufacturing Trends
- 3.2.3. Sales Channel Analysis
- 3.2.1. Raw Material Trends
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Fiber Cement Board Market - Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.1.1. Rise in Construction Activities
- 3.5.1.2. Growing Demand from Furniture Industry
- 3.5.2. Market Restraint Analysis
- 3.5.2.1. Governmental Policies on Carbon Emissions from Production Plants
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenge Analysis
- 3.5.1. Market Driver Analysis
- 3.6. Fiber Cement Board Market - Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyer
- 3.6.3. Threat of New Entrants
- 3.6.4. Threat of Substitution
- 3.6.5. Competitive Rivalry
- 3.7. Industry Analysis - PESTLE by SWOT
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Social Landscape
- 3.7.4. Technological Landscape
- 3.7.5. Environmental Landscape
- 3.8. Market Disruption Analysis
Chapter 4. Fiber Cement Board Market: Type Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Type Movement Analysis and Market Share Analysis, 2023 & 2030
- 4.3. Fiber Cement Board Market Estimates & Forecasts, By Type (Million Square Meters) (USD Million), 2018- 2030
- 4.3.1. High-density
- 4.3.2. Medium-density
- 4.3.3. Low-density
Chapter 5. Fiber Cement Board Market: Application Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Application Movement Analysis and Market Share Analysis, 2023 & 2030
- 5.3. Fiber Cement Board Market Estimates & Forecasts, By Application (Million Square Meters) (USD Million), 2018- 2030
- 5.3.1. Furniture
- 5.3.2. Flooring
- 5.3.3. Wall Cladding & Panels
- 5.3.4. Prefabricated Shelters
- 5.3.5. Other Applications
Chapter 6. Fiber Cement Board Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Movement Analysis and Market Share Analysis, 2023 & 2030
- 6.3. North America
- 6.3.1. Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.3.2. U.S.
- 6.3.2.1. U.S. Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.3.3. Canada
- 6.3.3.1. Canada Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.3.4. Mexico
- 6.3.4.1. Mexico Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.4. Europe
- 6.4.1. Europe Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.4.2. UK
- 6.4.2.1. UK Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.4.3. Germany
- 6.4.3.1. Germany Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.4.4. France
- 6.4.4.1. France Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.4.5. Italy
- 6.4.5.1. Italy Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.4.6. Spain
- 6.4.6.1. Spain Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.5.2. China
- 6.5.2.1. China Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.5.3. India
- 6.5.3.1. India Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.5.4. Japan
- 6.5.4.1. Japan Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.5.5. Australia
- 6.5.5.1. Australia Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.6. Central & South America
- 6.6.1. Central & South America Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.6.2. Brazil
- 6.6.2.1. Brazil Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Middle East & Africa Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.7.2. Saudi Arabia
- 6.7.2.1. Saudi Arabia Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.7.3. UAE
- 6.7.3.1. UAE Fiber Cement Board Market Estimates and Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
Chapter 7. Fiber Cement Board Market Supplier Intelligence
- 7.1. Kraljic Matrix/Portfolio Analysis
- 7.2. Engagement Model
- 7.3. Negotiation Strategies
- 7.4. Sourcing Best Practices
- 7.5. Vendor Selection Criteria
- 7.6. List of Raw Material Suppliers
- 7.7. List of Distributors
- 7.8. List of End-users
Chapter 8. Competitive Landscape
- 8.1. Key Players, their Recent Developments, and their Impact on Industry
- 8.2. Competitive Environment
- 8.3. Company Market Position Analysis
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping
- 8.6. Company Listing
- 8.6.1. Beijing Hocreboard Building Materials Co. Ltd.
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Strategic Framework
- 8.6.2. HIL Limited
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Strategic Framework
- 8.6.3. CenturyPly
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Strategic Framework
- 8.6.4. Everest Industries Limited
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Strategic Framework
- 8.6.5. SAINT-GOBAIN
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Strategic Framework
- 8.6.6. Sahyadri Industries Pvt. Ltd.
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Strategic Framework
- 8.6.7. Toray Building Materials Co., Ltd.
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Strategic Framework
- 8.6.8. Visaka Industries
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Strategic Framework
- 8.6.9. James Hardie Building Products Inc.
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Strategic Framework
- 8.6.10. Allura
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Product Benchmarking
- 8.6.10.4. Strategic Framework
- 8.6.1. Beijing Hocreboard Building Materials Co. Ltd.
Product Code: GVR-4-68040-091-9
List of Tables
- Table 1 Global Fiber Cement Board Market Estimates and Forecast, By Type, 2018 - 2030 (Million Square Meters)
- Table 2 Global Fiber Cement Board Market Estimates and Forecast, By Type, 2018 - 2030 (USD Million)
- Table 3 Global Fiber Cement Board Market Estimates and Forecast, By Application, 2018 - 2030 (Million Square Meters)
- Table 4 Global Fiber Cement Board Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- Table 5 Recent Developments & Impact Analysis, By Key Market Participants
- Table 6 Vendor Landscape - Fiber Cement Board Market
- Table 7 Company Heat Map Analysis
List of Figures
- Fig. 1 Fiber Cement Board market segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Regional Outlook
- Fig. 7 Segmental Outlook
- Fig. 8 Competitive Outlook
- Fig. 9 Fiber Cement Board market - Industry Value Chain Analysis
- Fig. 10 Fiber Cement Board market dynamics
- Fig. 11 Market driver impact analysis
- Fig. 12 Construction Value Added By Key Countries, 2017-2021 (Million Square Meters) (USD Million)
- Fig. 13 Market driver impact analysis
- Fig. 14 Fiber cement board market: PORTER's Analysis
- Fig. 15 Fiber cement board market: PESTEL Analysis
- Fig. 16 Type: Key Takeaways
- Fig. 17 Type: Market Share, 2023 & 2030
- Fig. 18 High-Density Fiber Cement Board Market Estimates & Forecasts, 2018-2030 (Million Square Meters) (USD Million)
- Fig. 19 Medium-Density Fiber Cement Board Market Estimates & Forecasts, 2018-2030 (Million Square Meters) (USD Million)
- Fig. 20 Low-Density Fiber Cement Board Market Estimates & Forecasts, 2018-2030 (Million Square Meters) (USD Million)
- Fig. 21 Application: Key Takeaways
- Fig. 22 Application: Market Share, 2023 & 2030
- Fig. 23 Furniture Fiber Cement Board Market Estimates & Forecasts, 2018-2030 (Million Square Meters) (USD Million)
- Fig. 24 Flooring Fiber Cement Board Market Estimates & Forecasts, 2018-2030 (Million Square Meters) (USD Million)
- Fig. 25 Wall Cladding & Panels Fiber Cement Board Market Estimates & Forecasts, 2018-2030 (Million Square Meters) (USD Million)
- Fig. 26 Prefabricated Shelters Fiber Cement Board Market Estimates & Forecasts, 2018-2030 (Million Square Meters) (USD Million)
- Fig. 27 Others Fiber Cement Board Market Estimates & Forecasts, 2018-2030 (Million Square Meters) (USD Million)
- Fig. 28 Region, 2023 & 2030 (USD Million)
- Fig. 29 Regional marketplace: Key takeaways
- Fig. 30 Regional marketplace: Key takeaways
- Fig. 31 North America Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 32 U.S. Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 33 Canada Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 34 Mexico Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 35 Europe Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 36 UK Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 37 Germany Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 38 France Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 39 Italy Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 40 Spain Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 41 Asia Pacific Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 42 China Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 43 India Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 44 Japan Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 45 Australia Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 46 Central & South America Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 47 Brazil Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 48 Middle East & Africa Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 49 Saudi Arabia Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 50 UAE Fiber Cement Board Market estimates & forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 51 Kraljic Matrix
- Fig. 52 Engagement Model
- Fig. 53 Sourcing Best Practices
- Fig. 54 Vendor Selection Criteria
- Fig. 55 Company Market Position Analysis
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