Cement board Global Market Report 2026

Cement board, commonly referred to as backer board, is a thin layer of concrete material reinforced with fiberglass mesh on both sides. Its porous composition post-drying enables easy adhesion to grout and mortar. Cement boards are recognized for their heat and fire-resistant properties, serving to enhance wall surface strength and impact resistance.

The primary product types of cement board include fiber cement board (FCB), wood wool cement board (WWCB), wood strand cement board (WSCB), and cement-bonded particle board (CBPB). These boards find application in various areas such as flooring, exterior and partition walls, roofing, columns and beams, facades, weatherboard and cladding, as well as in acoustic and thermal insulation projects. Cement boards are utilized by residential, commercial, industrial, and institutional end users.

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, fiberglass mesh, wood fibers, and construction inputs have impacted the cement board market by increasing raw material and production costs, particularly affecting fiber cement and wood-based cement board segments. Regions dependent on imported cement and additives, including parts of Asia-Pacific and the Middle East, face higher price volatility. These tariffs can slow adoption in cost-sensitive residential projects. However, they also encourage local manufacturing, sourcing of regional raw materials, and innovation in alternative composites to improve supply chain stability.

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

The cement board market size has grown strongly in recent years. It will grow from $8.49 billion in 2025 to $9.04 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to growth of residential housing construction, increasing use of cement boards as drywall alternatives, rising demand for fire-resistant wall systems, expansion of commercial building projects, availability of fiber cement manufacturing technologies.

The cement board market size is expected to see strong growth in the next few years. It will grow to $11.42 billion in 2030 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to rising adoption of green and sustainable building materials, growth in prefabricated construction methods, increasing renovation and remodeling activities, demand for improved acoustic and thermal insulation, expansion of construction activities in emerging economies. Major trends in the forecast period include rising adoption of fire-resistant building materials, growing use of cement boards in wet and high-moisture areas, increasing demand for lightweight and high-strength wall panels, expansion of prefabricated and modular construction, rising preference for durable and low-maintenance interior solutions.

The anticipated growth in residential and commercial construction is poised to drive the expansion of the cement board market in the future. Residential construction pertains to the development of private dwelling spaces, while commercial construction involves designing and modeling properties for commercial purposes. Cement boards, when installed diagonally or laterally, serve to protect the building's foundation in both residential and commercial constructions. This surge in construction activities is leading to increased sales of cement boards. For example, as per the United States Census Bureau data from February 2023, the number of privately owned housing units saw a seasonally adjusted yearly increase of 13.8%, totaling 1,524,000 units, compared to January 2023. Consequently, the flourishing residential and commercial construction sectors are fueling the growth of the cement board market.

Major players in the cement board market are emphasizing the development of advanced offerings, including large-format, A2 fire-rated fiber-cement facade panels, to address growing demand driven by tighter fire-safety regulations, increasing preference for durable and low-maintenance cladding solutions, and architects' need for enhanced design flexibility and sustainable materials. Fiber-cement facade panels are engineered composite boards consisting of cement, mineral fibers, and fillers, combining the non-combustibility and weather resistance of cement with reduced weight, smoother surface finishes, and improved dimensional stability compared with conventional Portland-cement boards or timber cladding. For example, in January 2024, James Hardie Industries plc, an Australia-based manufacturer of building materials, introduced the 11 mm Hardie Panel, a thicker, large-format fiber-cement facade panel designed to deliver improved impact resistance and an A2 fire rating for the UK and European markets. The 11 mm Hardie Panel is produced using James Hardie's proprietary fiber-cement technology and is offered in a variety of textures and large dimensions (up to 3048 X 1220 mm), providing A2-s1,d0 fire performance and EAD Category I impact resistance; it is engineered to simplify installation by reducing the number of required layers in high-impact applications, enables customization through multiple colors and finishes (including a Metallics range), and is intended for use in both commercial and residential facades where durability, fire protection, and architectural aesthetics are key considerations.

In March 2024, Etex N.V., a Belgium-based manufacturing company, acquired BGC's plasterboard and fiber cement businesses for an undisclosed sum. Through this acquisition, Etex strengthened its sustainable product portfolio and expanded its presence across Australia and New Zealand by enhancing its gypsum operations, achieving a top-three position in the fiber cement segment, and improving access to sustainable building products and services. BGC (Australia) Pty Ltd's plasterboard and fiber cement business is an Australia-based manufacturer specializing in plasterboard and fiber cement construction products along with associated distribution services, supported by a plasterboard manufacturing facility in Western Australia and a network of nine warehouses throughout Australia and New Zealand.

Major companies operating in the cement board market report are BetonWood SRL, Everest Industries Limited, Etex Group Ltd., Elementia Materiales SAB de CV, HIL Limited, GAF Materials Corporation, James Hardie Industries plc, Johns Manville Corp., Nichiha Corporation, Saint-Gobain SA, Atermit AS, LTM Group LLC, Lato OJSC, Soben Board International, Knauf Gips KG, Tepe Betopan AS, Mahaphant India Pvt.Ltd., Hume Cemboard Industries Sdn. Bhd., Visaka Industries Ltd., Allura USA, Swisspearl Group AG, Plycem USA Inc., Maxitile Ltd., American Fiber Cement Corporation, Taisyou International Business Co. Ltd., SCG Building Materials Co. Ltd., TPI Polene Public Company Limited, Shandong Lutai Building Material Science and Technology Group Co. Ltd.

Asia-Pacific was the largest region in the cement board market in 2025. The regions covered in the cement board market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

The cement board market consists of sales of cement SIP (structural insulated panel) and ceramic cement boards. 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.

Cement board Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses cement board market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for cement board ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The cement board market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product Type: Fiber Cement Board (FCB); Wood Wool Cement Board (WWCB); Wood Strand Cement Board (WSCB); Cement Bonded Particle Board (CBPB)
• 2) By Application: Flooring; Exterior And Partition Walls; Roofing; Facades, Weatherboard, And Cladding; Acoustic And Thermal Insulation; Other Applications
• 3) By End User: Residential; Commercial; Industrial And Institutional
• Subsegments:
• 1) By Fiber Cement Board (FCB): Flat Sheets; Textured Sheets; Pre-formed Panels
• 2) By Wood Wool Cement Board (WWCB): Standard Boards; Acoustic Boards; Fire-Resistant Boards
• 3) By Wood Strand Cement Board (WSCB): Standard Boards; Insulated Boards
• 4) By Cement Bonded Particle Board (CBPB): Standard Boards; Structural Boards; Decorative Boards
• Companies Mentioned: BetonWood SRL; Everest Industries Limited; Etex Group Ltd.; Elementia Materiales SAB de CV; HIL Limited; GAF Materials Corporation; James Hardie Industries plc; Johns Manville Corp.; Nichiha Corporation; Saint-Gobain SA; Atermit AS; LTM Group LLC; Lato OJSC; Soben Board International; Knauf Gips KG; Tepe Betopan AS; Mahaphant India Pvt.Ltd.; Hume Cemboard Industries Sdn. Bhd.; Visaka Industries Ltd.; Allura USA; Swisspearl Group AG; Plycem USA Inc.; Maxitile Ltd.; American Fiber Cement Corporation; Taisyou International Business Co. Ltd.; SCG Building Materials Co. Ltd.; TPI Polene Public Company Limited; Shandong Lutai Building Material Science and Technology Group Co. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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