Fiber Cement Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Material, By Application, By End-use, By Region & Competition, 2021-2031F

Description

The Global Fiber Cement Market will grow from USD 18.55 Billion in 2025 to USD 23.95 Billion by 2031 at a 4.35% CAGR. Fiber cement is a composite building material manufactured from a reinforcement of cellulose fibers, cement, sand, and water, primarily utilized for exterior siding, roofing, and tiling.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 18.55 Billion
Market Size 2031	USD 23.95 Billion
CAGR 2026-2031	4.35%
Fastest Growing Segment	Non-Residential
Largest Market	Asia Pacific

Key Market Drivers

Rapid expansion of global residential construction activities serves as the primary catalyst for the fiber cement market, particularly in the siding and renovation sectors. As housing starts recover and homeowners invest in durable exterior upgrades, the demand for fiber cement products has surged due to their longevity and aesthetic versatility compared to vinyl or wood. This volume-driven growth is evident in the performance of major industry players who are capitalizing on the resilience of the repair and remodel segment.

Key Market Challenges

The primary impediment to the growth of the Global Fiber Cement Market is the elevated installation cost resulting from the material's substantial weight and the requirement for specialized labor. Fiber cement offers superior durability but demands careful handling and specific cutting tools during application, which complicates the installation process compared to lighter alternatives like vinyl. This necessity for precision and additional manpower significantly raises total project expenditures, causing developers of budget-sensitive residential projects to substitute fiber cement with more affordable and easier-to-install siding options.

Key Market Trends

The Global Fiber Cement Market is witnessing a decisive shift toward low-carbon and recycled raw material formulations. Manufacturers are increasingly substituting virgin ingredients with industrial by-products and recycled cellulose fibers to lower the embodied carbon of their boards and meet stringent green building certifications. This formulation evolution addresses environmental mandates distinct from the functional fire-resistance demands driving standard adoption.

Key Market Players

James Hardie Industries plc
Etex Group
Saint-Gobain S.A.
Cembrit Holding A/S
NICHIHA Corporation
Toray Industries Inc.
SCG Building Materials Co., Ltd.
Everest Industries Limited
Hume Cemboard Industries Sdn Bhd
Soben International Ltd.

Report Scope:

In this report, the Global Fiber Cement Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Fiber Cement Market, By Material:

Portland
Silica
Cellulosic and Others

Fiber Cement Market, By Application:

Siding
Roofing
Cladding
Molding & Trimming and Others

Fiber Cement Market, By End-use:

Residential and Non-Residential

Fiber Cement Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Fiber Cement Market.

Available Customizations:

Global Fiber Cement Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Fiber Cement Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Material (Portland, Silica, Cellulosic and Others)
- 5.2.2. By Application (Siding, Roofing, Cladding, Molding & Trimming and Others)
- 5.2.3. By End-use (Residential and Non-Residential)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
5.3. Market Map

6. North America Fiber Cement Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Material
- 6.2.2. By Application
- 6.2.3. By End-use
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Fiber Cement Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Material
    - 6.3.1.2.2. By Application
    - 6.3.1.2.3. By End-use
- 6.3.2. Canada Fiber Cement Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Material
    - 6.3.2.2.2. By Application
    - 6.3.2.2.3. By End-use
- 6.3.3. Mexico Fiber Cement Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Material
    - 6.3.3.2.2. By Application
    - 6.3.3.2.3. By End-use

7. Europe Fiber Cement Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Material
- 7.2.2. By Application
- 7.2.3. By End-use
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Fiber Cement Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Material
    - 7.3.1.2.2. By Application
    - 7.3.1.2.3. By End-use
- 7.3.2. France Fiber Cement Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Material
    - 7.3.2.2.2. By Application
    - 7.3.2.2.3. By End-use
- 7.3.3. United Kingdom Fiber Cement Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Material
    - 7.3.3.2.2. By Application
    - 7.3.3.2.3. By End-use
- 7.3.4. Italy Fiber Cement Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Material
    - 7.3.4.2.2. By Application
    - 7.3.4.2.3. By End-use
- 7.3.5. Spain Fiber Cement Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Material
    - 7.3.5.2.2. By Application
    - 7.3.5.2.3. By End-use

8. Asia Pacific Fiber Cement Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Material
- 8.2.2. By Application
- 8.2.3. By End-use
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Fiber Cement Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Material
    - 8.3.1.2.2. By Application
    - 8.3.1.2.3. By End-use
- 8.3.2. India Fiber Cement Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Material
    - 8.3.2.2.2. By Application
    - 8.3.2.2.3. By End-use
- 8.3.3. Japan Fiber Cement Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Material
    - 8.3.3.2.2. By Application
    - 8.3.3.2.3. By End-use
- 8.3.4. South Korea Fiber Cement Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Material
    - 8.3.4.2.2. By Application
    - 8.3.4.2.3. By End-use
- 8.3.5. Australia Fiber Cement Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Material
    - 8.3.5.2.2. By Application
    - 8.3.5.2.3. By End-use

9. Middle East & Africa Fiber Cement Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Material
- 9.2.2. By Application
- 9.2.3. By End-use
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Fiber Cement Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Material
    - 9.3.1.2.2. By Application
    - 9.3.1.2.3. By End-use
- 9.3.2. UAE Fiber Cement Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Material
    - 9.3.2.2.2. By Application
    - 9.3.2.2.3. By End-use
- 9.3.3. South Africa Fiber Cement Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Material
    - 9.3.3.2.2. By Application
    - 9.3.3.2.3. By End-use

10. South America Fiber Cement Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Material
- 10.2.2. By Application
- 10.2.3. By End-use
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Fiber Cement Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Material
    - 10.3.1.2.2. By Application
    - 10.3.1.2.3. By End-use
- 10.3.2. Colombia Fiber Cement Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Material
    - 10.3.2.2.2. By Application
    - 10.3.2.2.3. By End-use
- 10.3.3. Argentina Fiber Cement Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Material
    - 10.3.3.2.2. By Application
    - 10.3.3.2.3. By End-use

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Fiber Cement Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. James Hardie Industries plc
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Etex Group
15.3. Saint-Gobain S.A.
15.4. Cembrit Holding A/S
15.5. NICHIHA Corporation
15.6. Toray Industries Inc.
15.7. SCG Building Materials Co., Ltd.
15.8. Everest Industries Limited
15.9. Hume Cemboard Industries Sdn Bhd
15.10. Soben International Ltd.