Market Overview

Global Fiber Cement Market 2018-2022 | Increasing Construction Activities to Drive Growth | Technavio

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Technavio
market research analysts forecast the global fiber cement market to grow
at a CAGR of over 5% during the forecast period.

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Technavio has published a new market research report on the global fiber cement market from 2018-202 ...

Technavio has published a new market research report on the global fiber cement market from 2018-2022. (Graphic: Business Wire)

The application of fiber-reinforced concrete in designing road pavement
is one of the major trends being witnessed in the global
fiber cement market 2018-2022
. Fiber cement or fiber-reinforced
concrete contains a fibrous material, which enhances the structural
integrity of concrete, thereby enhancing its overall strength. Fiber
cement is expected to witness an increase in its application on roads
and pavements in the future.

This report is available at a USD 1,000 discount for a limited time
only:
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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global fiber cement market is the increasing
construction activities globally:

Global fiber cement market: Increasing
construction activities globally

The economic activities in developing nations such as China, India, and
South Africa have resulted in an increase in the per capita income of
the people. This has permitted people to spend more on purchasing
properties. Thus, there is an increase in the number of first-time
property buyers in these countries.

According to a senior analyst at Technavio for research on construction,
"The increase in disposable income has resulted in a change in the
expenditure patterns of people. They have increased their spending on
traveling and other leisure and recreational activities. This has led to
an increase in the demand for commercial properties such as shopping
complexes."

Global fiber cement market: Segmentation
analysis

The global fiber cement market research report provides market
segmentation by application (siding and molding), end-user (residential
and commercial), and region (the Americas, APAC, and EMEA). It provides
an in-depth analysis of the prominent factors influencing the market,
including drivers, opportunities, trends, and industry-specific
challenges.

Of the two major applications, the siding segment held the largest
market share in 2017, contributing to over 61% of the market. This
application segment will dominate the global market throughout the
forecast period.

The Americas held the largest share of the market in 2017, accounting
for over 35% share. It was followed by EMEA and APAC respectively. The
market share of the Americas will decrease by over 1% by 2022. However,
this region will dominate the global market throughout the forecast
period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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