Fiber Cement Global Market Report 2026

Fiber cement is a composite material comprising sand, Portland cement, and sustainable cellulose fibers. It enhances the structural integrity of concrete, offering strength and durability. Used in homes and commercial buildings, fiber cement can be pre-painted or painted in any color, providing a strong, long-lasting, and low-maintenance option.

The various types of raw material-based fiber cement include cellulosic fiber, Portland cement, and silica. Portland fiber cement, specifically, is a product in the market that involves the sale of a paste created with water, binding sand and rock to harden. This type of fiber cement is extensively used in precast concrete manufacturing and plays a significant role in the construction industry. Fiber cement, including the Portland variant, finds applications in the construction of various elements such as sidings, roofing, cladding, molding, trimming, and more. The end users of fiber cement products encompass both residential and non-residential customers. The versatility and durability of fiber cement make it a popular choice in construction for a range of applications.

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 fiber cement products have disrupted global supply chains, increasing production and import costs for raw materials like portland cement, silica, and cellulosic fibers. Residential and non-residential construction segments in regions such as Asia-Pacific, Europe, and North America are most affected. Positive impacts include the promotion of local manufacturing, diversification of suppliers, and investment in innovation to produce cost-efficient and durable fiber cement products.

The fiber cement market research report is one of a series of new reports from The Business Research Company that provides fiber cement market statistics, including fiber cement industry global market size, regional shares, competitors with a fiber cement market share, detailed fiber cement market segments, market trends and opportunities, and any further data you may need to thrive in the fiber cement industry. This fiber cement 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 fiber cement market size has grown strongly in recent years. It will grow from $18.03 billion in 2025 to $19.08 billion in 2026 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to rising demand for durable siding materials, increasing adoption in residential construction, growing awareness of fire-resistant building materials, expansion in commercial building projects, use of portland cement and silica composites.

The fiber cement market size is expected to see strong growth in the next few years. It will grow to $23.36 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to increasing adoption in green and sustainable buildings, rising demand for low-maintenance construction materials, technological innovations in fiber cement production, growth in urban infrastructure development, expansion in non-residential construction projects. Major trends in the forecast period include development of low-maintenance fiber cement products, use of pre-painted and customizable fiber cement panels, integration of fiber cement in roofing and cladding applications, adoption of sustainable cellulosic fibers, improvement in structural strength and durability of fiber cement.

Rising expenditure in construction is anticipated to drive the growth of the fiber cement market. As the construction industry expands, the adoption of high-efficiency and sustainable fiber cement for the exterior of both residential and commercial buildings has increased due to its durability and benefits to residential spaces. For example, in October 2024, the United States Census Bureau, a US-based government agency, reported that construction spending in August 2024 reached $2,147.4 billion, reflecting a 4.1% increase from the August 2023 estimate of $2,047.4 billion. Furthermore, total construction spending for the first eight months of 2024 amounted to $1,428.5 billion, marking a 7.6% increase compared to $1,327.0 billion during the same period in 2023. Thus, the rising expenditure on construction is propelling the growth of the fiber cement market.

Major companies in the fiber cement market are concentrating on developing innovative technologies, such as reinforced fiber technology, to transform the Indian cement market. Reinforced Fiber Technology involves the integration of fibrous materials into cement or concrete, enhancing its mechanical properties-such as strength, durability, and crack resistance-while reducing permeability and improving overall performance. For example, in August 2023, Nuvoco Vistas Corp. Ltd., an India-based cement company, was granted a patent for its novel 'Fibre Reinforced Cement Composition,' branded as 'Duraguard Microfiber Cement.' This product improves bonding, crack resistance, and durability, making it suitable for all phases of construction and aiming to extend the lifespan of structures while lowering maintenance costs. Managing Director Jayakumar Krishnaswamy emphasized the company's dedication to innovation and enhancing customer experience in the cement industry.

In March 2024, Etex, a Belgium-based manufacturer of building materials, finalized the acquisition of BGC Fibre Cement to bolster its sustainable offerings in Australia and New Zealand. This strategic acquisition enables Etex to broaden its gypsum footprint and secure a position among the top three players in the fiber cement market in the region. The acquisition also includes a robust network of nine warehouses, which is expected to enhance customer accessibility to sustainable products. CEO Bernard Delvaux emphasized the growth potential driven by the increasing demand for fiber cement in construction. BGC Fibre Cement is a building materials store based in New Zealand.

Major companies operating in the fiber cement market report are SCG Building Materials, Everest Industries Limited, James Hardie Industries plc, CSR Limited, Plycem USA Inc., Elementia Materiales, Nichiha Corporation, Cembrit Holding A/S, Swisspearl Group AG, Visaka Industries Limited, Hume Cemboard Industries Sdn Bhd, Hekim YapI A.S., Bison Manufacturing Limited, Allura, Etex Group, Mahaphan Fibre Cement Public Co. Ltd., Shera Public Company Limited, Aerocon Corporation, EQUITONE, American Fiber Cement Corporation, Hocreboard Building Materials Co. Ltd., GAF Materials Corporation, Alpha Roofing Industries LLC, Taisyou International Business Co. Ltd.

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

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

The fiber cement market consists of sales of sand, clay, and wood fibers. 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.

Fiber Cement 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 fiber cement 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.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on end user analysis.
• Benchmark performance against key competitors based on market share, innovation, and brand strength.
• Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for fiber cement ? 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 fiber cement 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 Raw Material: Cellulosic Fiber; Portland Cement; Silica
• 2) By Application: Siding; Roofing; Cladding; Molding And Trimming; Other Applications
• 3) By End User: Residential; Non-Residential
• Subsegments:
• 1) By Cellulosic Fiber: Wood Pulp; Recycled Paper; Other Natural Fibers
• 2) By Portland Cement: Ordinary Portland Cement (OPC); Blended Cement; Special Purpose Cement
• 3) By Silica: Amorphous Silica; Crystalline Silica
• Companies Mentioned: SCG Building Materials; Everest Industries Limited; James Hardie Industries plc; CSR Limited; Plycem USA Inc.; Elementia Materiales; Nichiha Corporation; Cembrit Holding A/S; Swisspearl Group AG; Visaka Industries Limited; Hume Cemboard Industries Sdn Bhd; Hekim YapI A.S.; Bison Manufacturing Limited; Allura; Etex Group; Mahaphan Fibre Cement Public Co. Ltd.; Shera Public Company Limited; Aerocon Corporation; EQUITONE; American Fiber Cement Corporation; Hocreboard Building Materials Co. Ltd.; GAF Materials Corporation; Alpha Roofing Industries LLC; Taisyou International Business 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.
• Delivery Format: Word, PDF or Interactive Report
• + Excel Dashboard
• Added Benefits
• Bi-Annual Data Update
• Customisation
• Expert Consultant Support

Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.