The Global Fiber Cement Cladding And Siding Market size is projected to grow at a CAGR of 5.8% from 2021 to 2028. Increasing construction projects, growing demand for energy-efficient buildings, and high durability are the major factors driving the growth of this market. In addition, increasing cost pressure on raw materials such as steel and concrete has been beneficial for the development of fiber cement cladding as an alternative material due to its low weight and high strength.
Fiber cement siding is a material produced from portland cement and cellulose fibers. It is used primarily in building exteriors, including architectural millwork components such as window or door surrounds. Fiber-cement cladding comes with many benefits over other types of materials like wood, metal, aluminum, vinyl, etc. Unlike these traditional options that are either too expensive to use on an everyday basis or require frequent upkeep due to potential problems with water damage/staining/dents; fiber-cement products do not need painting during their lifetime but can be painted later if needed. They are also resistant to fire, insect infestation, and rot.
Fiber cement cladding and siding are made out of recycled materials like glass, plastic fibers, clay minerals, wood pulp. It gives the building an aesthetic look with high durability in all types of weather conditions. The fiber cement cladding is water-resistant which maintains its quality for a long time than another conventional type of roofing material. Moreover, it does not require any additional coating or painting to give protection against corrosion which reduces the recurring cost over years. The benefits of fiber cement cladding and siding are that they are very easy to install, have a wide range of styles available for both homes and commercial buildings, don’t need any extra maintenance or finishing process, has high durability at excellent value.
On the basis of Type, the global fiber cement cladding and siding market is segmented into Low-Density Type, Medium Density Type, and High-Density Type.
Low-density type fiber cement cladding and siding are made of portland cement, sand, fine aggregates (typically silica sands), water, admixtures like foaming agents, retarders, or air-entraining agents. These are applied on exterior surfaces with the help of a coating machine in order to create fibers that resemble wood grain. Low-density fiber cement cladding and siding are made of 60 percent natural material. The strong resistance against fire, water damage, mold growth makes it suitable for use in various applications such as industrial warehouses, commercial buildings, petrol stations, etc. It is also used in residential buildings, but its use isn't limited to that.
Medium Density Type fiber cement cladding and siding is a material made from sand, Portland cement, ground glass fibers, water, etc. It has high strength as compared to the low-density type but less than the high-density type. Medium Density Type fiber cement cladding and siding have the appearance of wood, which makes it unique in its kind. It is known for being durable and can be used on floors, walls, roofs, etc., all with equal ease. The density ranges between 700-1100 kg/m³ (similar to concrete).
High-Density Type fiber cement cladding and siding are well known for their composites. It weighs much less than other types of buildings, which makes it even more advantageous. High-Density Type fiber cement cladding and siding are used in the construction of residential buildings, commercial buildings. With higher density, it has better compressive strength than other types which produces a different appearance on surfaces.
On the basis of Application, the global fiber cement cladding and siding market is segmented into Commercial Construction and Residential Construction.
Commercial buildings require durable building materials that can withstand extreme weather conditions such as heatwaves & sunlight, rainstorms, etc. Fiber cement cladding and siding are used in the commercial construction industry for roofing, walling, ceilings, etc. The demand is high because these products have properties such as being lightweight providing easy handling during the installation process. Fiber cement cladding & siding provide resistance against chemical attacks making it suitable to be used in corrosive conditions.
Fiber cement siding is used in the residential construction industry for both interior and exterior applications. It can be installed on walls, roofs, or ceilings to provide a beautiful accent that also protects the home from weather elements while costing less than other decorative options such as wood cladding. Furthermore, it provides fire resistance with low maintenance costs compared to traditional products such as wood or metal.
On the basis of Region, the global fiber cement cladding and siding market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The Asia Pacific was a dominant region in 2016 with the highest share followed by North America. Asia Pacific region will continue to dominate the global Fiber Cement Cladding & Siding market during the forecast period owing to continuous investments from China for mining activities which use large quantities of construction material along with growing reconstruction projects across residential as well as commercial buildings due to high demand for new constructions combined with the availability of potential construction opportunities across various economic development regions such as Delhi Mumbai Industrial Corridor (DMIC), Amritsar Kolkata Industrial Corridor (AKIC) and Hyderabad Bengaluru Chennai corridor.
In Europe, the fiber cement cladding and siding market is developing rapidly due to the high strength that protects it from adverse weather conditions. Currently, Germany has emerged as a major consumer of fiber cement boards in Europe. The Middle East & Africa market for fiber cement cladding and siding is projected to grow at a CAGR of over 14% from 2018, with the base year being 2017. The demand in this region has increased due to an increase in infrastructure spending by governments across various countries.
Up Market Research published a new report titled “Fiber Cement Cladding and Siding Market research report which is segmented by Types (Low Density Type, Medium Density Type, High Density Type), By Applications (Commercial Construction, Residential Construction), By Players/Companies James Hardie, CSR Building Products, Hekim Holding, Etex Group, Allura USA, BGC Corporate, Taylor Maxwell, DowDuPont, Nichiha, Cembrit, GAF Material”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Fiber Cement Cladding and Siding Market Research Report |
By Type | Low Density Type, Medium Density Type, High Density Type |
By Application | Commercial Construction, Residential Construction |
By Companies | James Hardie, CSR Building Products, Hekim Holding, Etex Group, Allura USA, BGC Corporate, Taylor Maxwell, DowDuPont, Nichiha, Cembrit, GAF Material |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 218 |
Number of Tables & Figures | 153 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Low Density Type, Medium Density Type, High Density Type and By Application Commercial Construction, Residential Construction.
Some of the companies that are profiled in this report are:
Fiber Cement Cladding and Siding Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Fiber Cement Cladding and Siding Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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