Fiber Cement Market projected to achieve a CAGR of 4.28% to reach US$17.807 billion by 2030

The fiber cement market is anticipated to grow at a CAGR of 4.28% from US$14.437 billion in 2025 to US$17.807 billion by 2030.
The fiber cement market is anticipated to grow at a CAGR of 4.28% from US$14.437 billion in 2025 to US$17.807 billion by 2030.”
NEW YORK, NY, UNITED STATES, July 23, 2025 /EINPresswire.com/ -- According to a new study published by Knowledge Sourcing Intelligence, the fiber cement market is projected to grow at a CAGR of 4.28% between 2025 and 2030 to reach US$17.807 billion by 2030.— Knowledge Sourcing Intelligence
The global fiber cement market is experiencing significant growth as the demand for sustainable building materials continues to rise. This growth can be attributed to the increasing awareness about the environmental impact of traditional building materials and the shift towards eco-friendly alternatives.
Fiber cement, also known as cementitious siding, is a composite material made of cement, sand, and cellulose fibers. It is widely used in the construction industry for its durability, fire resistance, and low maintenance. With the growing concerns about climate change and the need for sustainable development, the demand for fiber cement has been on the rise. This trend is expected to continue as governments around the world implement stricter regulations for the use of environmentally-friendly building materials.
One of the key drivers of the fiber cement market is the increasing construction activities in emerging economies. The rapid urbanization and industrialization in countries like China, India, and Brazil have led to a surge in construction projects, creating a high demand for building materials. Additionally, the growing trend of green buildings and the rising popularity of fiber cement as a green alternative to traditional materials are also contributing to the market growth.
Despite the positive outlook, the fiber cement market still faces challenges such as the high cost of production and the availability of cheaper alternatives. However, with the increasing focus on sustainable development and the growing demand for eco-friendly building materials, the market is expected to overcome these challenges and continue its upward trajectory.
In conclusion, the fiber cement market is poised for significant growth in the coming years, driven by the increasing demand for sustainable building materials and the rise in construction activities. As the market continues to evolve, manufacturers are investing in research and development to improve the quality and cost-effectiveness of fiber cement, making it a viable option for the construction industry.
Access sample report or view details: https://www.knowledge-sourcing.com/report/fiber-cement-market
As a part of the report, the major players operating in the fiber cement market that have been covered are James Hardie Industries PLC, Etex Group, Nichiha Corporation, Siam Cement Public Limited Company, Everest Industries Limited, Swisspearl Group, Shera, among others.
The market analytics report segments the fiber cement market as follows:
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
• Commercial
• Industrial
By regions:
• North America
• South America
• Europe
• Middle East and Africa
• Asia Pacific
Companies Profiled:
• James Hardie Industries PLC
• Etex Group
• Nichiha Corporation
• Siam Cement Public Limited Company
• Everest Industries Limited
• Swisspearl Group
• Shera
• Ramco Industries
• Elementia Materiales
• S.A.B
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About Us
Knowledge Sourcing Intelligence (KSI) is a market research and intelligence provider that uses a combination of quantitative and qualitative research techniques to deliver comprehensive, in-depth insights to clients. Our approach to market research is centered around the concept of 'Knowledge Sourcing' - the process of gathering data and insights from multiple sources to create a comprehensive and well-rounded picture of the market. KSI's core services include market intelligence, competitive intelligence, customer intelligence, and product intelligence. KSI's approach to market research is designed to help clients make informed decisions, identify opportunities, and gain a better understanding of their target markets. By using a combination of primary and secondary research techniques, we provide clients with detailed insights into current market trends, customer profiles, competitor analysis, and product performance. KSI's market research and intelligence services enable clients to make informed decisions, develop strategic plans, and identify areas of opportunity.
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Knowledge Sourcing Intelligence LLP
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