Quantcast
Channel: Press Release – Richmond News Now
Viewing all articles
Browse latest Browse all 40338

Fiber Cement Market is Anticipated to Reach 16.2 Billion USD By Decade End, with Asia-Pacific as the Leading Region – IndustryARC Research

$
0
0
Fiber cement products have found its way into the various major application areas including Industrial, Consumer and Agriculture sectors.
Growing demand in Construction Industry is Set to drive the Asia-Pacific (APAC) Fiber Cement Market to $4.59 Billion & Global Market to $16.2 Billion by 2020.

The Report Fiber Cement Market – By Type (Asbestos, Polypropylene, PVA, Others) By Production Process (Hatschek, Extrusion, Perlite) By Product (Flat Sheet, Laminated Skirt, Others) By Application (Agriculture, Residential, Others) By Geography: (2015-2020)”, published by IndustryARC, estimates the market to reach $16.2 Billion by 2020.

Fiber Cement Composites have gained a cumulative foothold in the global markets, over the past few years. It is a complex material which is mainly used in building and construction. Reinforcement of fibres to cement imparts a number of traits including resistance to cracking, lighter weight and a degree of flexibility which are important to the application and serviceability of the composite. Fiber cements products are mainly used for cladding and roofing purposes. Additionally, they are used in agriculture for both building and ancillary purposes. The major advantages attributed to the usage of this reinforced cement include concrete stabilization, and improving the overall strength of the construction. Fiber cement has a wide range of applications which include agriculture, industrial, residential, non-residential, commercial and others.

The market in 2014 was $12.4 Billion and is dominated by APAC which is poised to exhibit the fastest growth due to favorable macroeconomic conditions like population growth and financial conditions like increasing FDI investments. China and India are the growth frontiers for the fiber cement manufacturers providing a huge market to be tapped. China is the largest fiber cement market with a share of 35% in Asia-Pacific region. Other major market includes Europe which accounted for a significant market share.

The number of manufacturers across the world for fiber cement has increased manifold. These manufacturers are actively investing in scaling up its position in the market and are able to attract profitable deals. Some of the major players are James Hardie Industries PLC, Saint Gobain, Nichiha, Maxtile and many others.  Major firms spent huge amounts of money in the development of efficient technologies and at the same time, new firms are coming up with cutting-edge technological innovations, resulting in tremendous increase in the degree of competition. Consequently, product launches, mergers and acquisitions and partnerships by companies, universities as well as individual researches has been frequenting the construction market headlines, which eventually increases the sales of fiber cement products.

Avail a Sample Brochure @ http://industryarc.com/pdfdownload.php?id=209

There are number of companies who are providing fiber cement with respect to the necessity of end user sectors. The global fiber cement market in 2014 was dominated by few key players as shown below.

James Hardie claimed prominent share of fiber cement market. It is the dominant key player in terms of individual share amongst the top three players. It held 13% share in the fiber cement market in 2014. The company’s product portfolio includes a wide range of sidings, panels and boards. Etex Group occupied second position pertaining to fiber cement market with 10% market share. Other companies apart from the above mentioned three players aggregately held 71% share in the overall fiber cement market. Nichiha Corporation also held significant share of 6% in this market in 2014.

The overall fiber cement market is characterized by large number of companies but top three companies account for more than 29% market share due to the wide distribution network and brand reputation. Rapid developments in emerging countries and use of innovative products and materials in activities have supported the growth of fiber cement market. Along with the demand growth, the adoption of new technologies for construction in emerging economies such as China and India provides a strong impetus to the fiber market growth. Innovation is a key driver for this segment. As per the industry, construction sector spends approximately 3% of its sales on R&D of new products and technologies. This is one of the strategies to increase the market share. The new firms that venture into this market will need huge capital for investment in manufacturing and marketing along with offering product or pricing benefits to customers. The market is poised to exhibit new product launches and strategic acquisitions or partnerships, as major companies explore for new opportunities.

The fiber cement market report is a comprehensive study of the market for different types of fibers, production process, product type, applications and geography.

The market is analyzed by the following end user areas:

  • Agriculture
  • Industrial
  • Residential
  • Non-residential
  • Commercial
  • Others

Following key players were also covered as part of the market landscape analysis:

  • James Hardie Industries PLC
  • Saint Gobain
  • Nichiha
  • Maxtile.

The market has also been analyzed for four geographic regions which include North America, APAC, Europe and Rest of the World.

You can send an Inquiry @ http://industryarc.com/inquiry-before-buying.php?id=209

Related Reports of Your Interest:

  • Composite Materials Market – Composite Materials Market: By Material (Fibre Reinforced Polymers, Resins, Matrices, Others) By Application (Aerospace, Construction, Wind Energy, Automotive, Others) By Method (Open Moulding & Closed Moulding); By Geography – Forecast (2015 – 2020)

http://industryarc.com/Report/246/composite-materials-market-analysis-report.html

 

  • Construction Chemical Additives Market – Construction Chemical Additives Market: By Type (Plasticizers, Super Plasticizers, Air Entraining Agents, Water Proofing Agents, Leveling Agents, Sealants) By Application (Residential, Non-Residential, Infrastructure, Others)-Forecast(2015-2020)

http://industryarc.com/Report/7511/construction-chemical-additives-market.html

About IndustryARC:

IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Media Contact
Company Name: IndustryARC
Contact Person: Mr. Sanjay Matthews
Email: Send Email
Phone: 1-614-588-8538 (Ext: 101)
Country: United States
Website: http://www.industryarc.com


Viewing all articles
Browse latest Browse all 40338

Trending Articles