Fiber Cement Market Size, Share, Opportunities, And Trends By Product Type (Fiber Cement Siding, Fiber Cement Boards, Fiber Cement Roofing, Fiber Cement Panels, Others), By Installation Type (Residential Construction, Commercial Construction, Industrial Construction), By End-Use Sector (Residential Buildings, Commercial Buildings, Infrastructure, Industrial Facilities, Agricultural Structures, Others), And By Geography – Forecasts From 2025 To 2030

Fiber Cement Market Size:

The fiber cement market is evaluated at US$14.437 billion in 2025 is projected to grow at a CAGR of 4.28% to reach US$17.807 billion in 2030.

Fiber cement is essentially a building material made up of cement integrated with cellulose fibers. The cement comes up with several benefits including high resistance and fireproof properties. The rise in demand for fiber cement is attributed to the rising construction activities, strict government regulations, and demand for environmentally friendly products.

Fiber Cement Market Growth Drivers:

• A major reason for the growth of this market is the rise in the construction industry.

The boom in the fiber cement market is mostly due to the growth in the construction industry. Most of the developing nations of the world are going through rapid urbanization and industrialization. This, in turn, has created a demand for fiber cement products. Moreover, the world is witnessing a rise in infrastructure investment, especially in housing construction.

• The rising environmental awareness is expected to drive the demand for this market in the forecast period.

Over the last few decades, there have been numerous notable environmental issues across the globe that have subsequently made people more aware and conscious of the environment. Fiber cement provides various eco-friendly benefits including, it provides a longer lifespan thus eliminating the need to replace and repair, and it is made up of neutral components, and thus is highly beneficial for health.

• The growth in the demand for fiber cement in the residential, as well as non-residential sector, is anticipated to fuel the growth of this market.

The fiber cement market is segmented, as end-users, into Residential and Non-Residential. The non-residential segment is essentially divided into industrial and commercial building components. It is widely used in warehouses, mills, and factories. Moreover, the rising government initiatives across the world are expected to boost the demand for fiber cement in the Non Residential sector.

Talking about the Residential sector, the fiber cement market is anticipated to grow owing to the rise in the middle-class population. The per capita income is rising across the globe. The developing countries are also growing at a faster pace. People are engaged in buying their own assets.

• The rising manufacturing and maintenance cost is anticipated to negatively impact the market.

The high cost of manufacturing and maintenance is the prominent restraints impeding the market growth. The market is anticipated to face unparalleled challenges due to the huge cost required to incur. The manufacturing process of fiber cement is very rigorous and adds up to the high cost. Moreover, the cost of maintenance is unprecedentedly high. In addition, the input cost of laborers has risen owing to technological advances, and the fiber-cement industry is demanding highly skilled manpower.

Fiber Cement Market Geographical Outlook:

• The share of different regions in the global fiber cement market.

The fiber cement market is segmented, as geography, into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific region.

The Asia Pacific region is anticipated to grow at the fastest rate owing to rapid urbanization, a growing construction sector, the massive increase in investment, and rising awareness about the benefits of fiber cement. Moreover, strict government regulations on using eco-friendly construction products will duly boost the demand for fiber cement in the Asia Pacific region. For instance, in India, the government has launched the 'Housing for All by 2024' project which is anticipated to drive the construction business and thus the demand for fiber cement. Moreover, the region offers cheap raw materials and labor.

The Fiber Cement Market Report provides a detailed analysis of the global fiber cement industry, offering strategic insights backed by data-driven forecasts and comprehensive evaluations. This regularly updated report empowers decision-makers with actionable intelligence on market trends, growth opportunities, and competitive dynamics. It examines demand across various fiber cement product categories, installation types, and end-use sectors. The report also assesses technological advancements, regulatory frameworks, government policies, and macroeconomic factors, delivering a holistic view of the market.

Fiber Cement Market Segmentations:

Fiber Cement Market Segmentation by product type

The market is analyzed by product type as follows:

• Fiber Cement Siding
• Fiber Cement Boards
• Fiber Cement Roofing
• Fiber Cement Panels
• Others

Fiber Cement Market Segmentation by installation type

The market is segmented by installation type:

• Residential Construction
• Commercial Construction
• Industrial Construction

Fiber Cement Market Segmentation by end-use sector

The report analyzes the market by end-use sector:

• Residential Buildings
• Commercial Buildings
• Infrastructure
• Industrial Facilities
• Agricultural Structures
• Others

Fiber cement Market Segmentation by regions:

The study also analysed the fiber cement market into the following regions, with country level forecasts and analysis as below:

• North America (US, Canada and Mexico)
• South America (Brazil, Argentina, and Others)
• Europe (Germany, UK, France, Spain, Italy, and Others
• Middle East and Africa (Saudi Arabia, UAE and Others)
• Asia Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others)

Fiber Cement Market Competitive Landscape:

The global fiber cement market features key players such as James Hardie Industries PLC, Etex Group, Nichiha Corporation, CSR Limited, Gyproc, Everest Industries Limited, Swisspearl Group, Shera, and Ramco Industries.

Fiber Cement Market Report Coverage:

This report provides extensive coverage as explained in the points below:

• Fiber Cement Market Size, Forecasts, and Trends by Product Type: Historical revenue data and analysis focusing on adoption drivers, challenges faced by key players, and high-growth areas such as fiber cement siding and roofing solutions.
• Fiber Cement Market Size, Forecasts, and Trends by Installation Type: Insights into the growing preference for fiber cement in residential and commercial construction.
• Fiber Cement Market Size, Forecasts, and Trends by End-Use Sector: Historical revenue data and analysis across sectors, highlighting residential and infrastructure as key adopters.
• Fiber cement market is also analysed across different regions, with historical data, regional share, attractiveness and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario and other complementing factors aiding in market growth.
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter’s five forces model.
• Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge.
• Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented.

How this report is helpful to you and reasons for purchase?

• The report provides a strategic outlook of the fiber cement market to the decision-makers, analysts and other stakeholders in the easy to read format for taking informed decisions.
• The charts, tables and figures make it easy for the executives to gain valuable insights while skimming the report.
• Analyst support through calls and email for timely clarification and incorporating additional requests.
• Option of presentation or doc format with the estimates file to take care of diverse requirements.
• 15% FREE customization with all our reports help cater additional requirements with significant cost-savings.
• Option of purchasing specific segments of the study, including opting for summary reports or just the estimates file. 

Fiber Cement Market Scope:

Report Metric	Details
Fiber Cement Market Size in 2025	US$14.437 billion
Fiber Cement Market Size in 2030	US$17.807 billion
Growth Rate	CAGR of 4.28%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Product Type Installation Type End-Use Sector Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Fiber Cement Market	James Hardie Industries PLC Etex Group Nichiha Corporation CSR Limited Gyproc
Customization Scope	Free report customization with purchase

 

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. FIBER CEMENT MARKET BY PRODUCT TYPE

5.1. Introduction

5.2. Fiber Cement Siding

5.3. Fiber Cement Boards

5.4. Fiber Cement Roofing

5.5. Fiber Cement Panels

5.6. Others

6. FIBER CEMENT MARKET BY INSTALLATION TYPE

6.1. Introduction

6.2. Residential Construction

6.3. Commercial Construction

6.4. Industrial Construction

7. FIBER CEMENT MARKET BY END-USE SECTOR

7.1. Introduction

7.2. Residential Buildings

7.3. Commercial Buildings

7.4. Infrastructure

7.5. Industrial Facilities

7.6. Agricultural Structures

7.7. Others

8. FIBER CEMENT MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indonesia

8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. James Hardie Industries PLC

10.2. Etex Group

10.3. Nichiha Corporation

10.4. CSR Limited

10.5. Gyproc

10.6. Everest Industries Limited

10.7. Swisspearl Group

10.8. Shera

10.9. Ramco Industries

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

James Hardie Industries PLC

Etex Group

Nichiha Corporation

CSR Limited

Gyproc

Everest Industries Limited

Swisspearl Group

Shera

Ramco Industries