Oct 17, 2017   SOURCE: BusinessWire

Global Fiber Cement Market - Size, Share & Forecast (2017-2022) - Research and Markets

The "Global Fiber Cement Market - Size, Share, and Forecast (2017 - 2022)" report has been added to Research and Markets' offering.

The global fiber market is projected to increase at a significant rate during 2017-2022 (the forecast period). The fiber cement market growth depends on its features and demand resulting from industrialization.

Fiber cement has gained widespread utilization, as there was a need for substitute for asbestos cement. The asbestos cement used initially was associated with severe health hazards causing cancer to the consumers. The ban on the usage of asbestos by the government, catalyzed the demand for fiber cement products. Fiber cement is a material that is fully versatile, modular, and lightweight, and as resistant as cement. It is the perfect combination to guarantee safe and quality work. It provides resistance to impacts, moisture, plagues, and fungi.

Moreover, it is non-combustible and has high durability. The major driver for the fiber cement market growth is the increase in construction activities and industrialization, in developing countries like China and India; and growing residential sector augmented by the lenient government rules in pricing of materials. Fiber cement sliding has the major percentage of application in this area; low maintenance cost and non-degradable nature, drives their usage. Fiber cement is a valuable substitute for wood and vinyl siding, in the new construction, repair and remodel, and multifamily segments.

Key Market Drivers:

  • Urbanization in Developing Countries
  • Governments' Improved Lending Conditions for Increasing Industrialization
  • Duarability and Low Maintenance Cost Increasing Demand from Residential Sector
  • Decrease in Usage of Asbestos

Companies Mentioned:

  • James Hardie Industries
  • Cembrit Holding
  • Plycem Corporation
  • Nichiha Corporation
  • The Siam Fibre-Cement Company Limited
  • CSR Limited
  • Toray Industries Inc.
  • Etex Group
  • Building Materials Corporation of America
  • Others

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/lrjgh5/global_fiber