Global Fiber Cement Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material;

Portland Cement, Sand, Cellulosic Material (Fiber) and Others.

By Application;

Molding and Trim, Siding, Roofing, Wall Partitions, Flooring, Backer Boards and Others.

By End Use;

Residential and Non-Residential.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn146736254 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fiber Cement Market (USD Million), 2021 - 2031

In the year 2023, the Global Fiber Cement Market was valued at USD 18,614.59 million. The size of this market is expected to increase to USD 24,827.19 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.

Fiber cement, a composite material made of cement reinforced with cellulose fibers, has gained widespread popularity due to its exceptional durability, versatility, and sustainability. This remarkable combination of properties has positioned fiber cement as a preferred choice for various construction applications, ranging from residential buildings to commercial infrastructure projects.

With an increasing emphasis on sustainable construction practices and stringent building regulations worldwide, the demand for eco-friendly building materials like fiber cement has experienced a notable upsurge. Its resistance to fire, moisture, pests, and rot makes it an ideal option for exterior siding, roofing, and façade applications in both residential and commercial construction projects. Advancements in manufacturing technologies have led to the development of fiber cement products with enhanced aesthetic appeal, mimicking the look and texture of natural materials like wood, stone, and stucco.

The growing trend towards urbanization and infrastructure development in emerging economies, coupled with the rising awareness regarding the benefits of fiber cement, has further propelled market expansion. As a result, major players in the construction industry, as well as innovative startups, are increasingly investing in research and development efforts to introduce novel fiber cement products tailored to meet the evolving needs of architects, contractors, and end-users.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Fiber Cement Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Construction Activities

        2. Growing Awareness of Sustainable Construction Materials

        3. Urbanization and Infrastructure Development

      2. Restraints
        1. Cost of Production

        2. Health and Safety Concerns

        3. Market Fragmentation

      3. Opportunities
        1. Product Innovation and Technological Advancements

        2. Expansion into New Application Areas

        3. Replacement of Traditional Building Materials

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fiber Cement Market, By Material, 2021 - 2031 (USD Million)
      1. Portland Cement

      2. Sand

      3. Cellulosic Material (Fiber)

      4. Others

    2. Global Fiber Cement Market, By Application, 2021 - 2031 (USD Million)
      1. Molding and Trim

      2. Siding

      3. Roofing

      4. Wall Partitions

      5. Flooring

      6. Backer Boards

      7. Others

    3. Global Fiber Cement Market, By End Use, 2021 - 2031 (USD Million)
      1. Residential

      2. Non-Residential

    4. Global Fiber Cement Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. James Hardie Industries PLC
      2. ETEX Group
      3. EvonikIndustries
      4. Toray Industries
      5. CSR Limited
      6. Nichiha Corporation
      7. Cembrit Group A/S
      8. The Siam Cement Public Company Limited
  7. Analyst Views
  8. Future Outlook of the Market