Fiber Cement Siding Market Growth Rate, Price and Gross Margin Analysis Report By 2025

2^nd November 2018 - Global Fiber Cement Siding Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. Fiber cement siding is synonymous to cement cladding. It is a construction material used to cover the external part of a building. The Fiber cement has numerous benefits since it is resistant to termites, impact resistant, does not rot, and has fireproof properties. Also, Fiber Cement siding can be used as a substitute for timber fascia’s and bargeboards in high fire areas. It acts as an alternative to the real wood and it is made up of wood pulp, Portland cement, and fly ash. Fiber Cement Siding Market is categorized based on product type, applications, and geography.

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Fiber Cement Siding Market is categorized based on product types such as Shingle Fiber Cement Siding, Lap Siding Fiber Cement Siding, Sheet Form Fiber Cement Siding, Stucco or Brick Fiber Cement Siding. The market is categorized based on application into Residential, Commercial, Others Fiber Cement Siding Market is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe).

Asia-Pacific has been at the forefront with regards to Fiber Cement Siding Market and will continue to rule the roost in the years to come. The U.S. and Japan are the fastest rising market for fiber cement with vast demand for the product. Some of the key players that fuel the growth of the Fiber Cement Siding Market include Elementia, Cemboard, James Hardie, Nichiha, Woodtone, Nichiha, BNBM, Cement Board Fabricators, Gentek Allura, Menards. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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