Fiber Cement Board Industry Statistics

In this post, we will explore key statistics and insights into the global fiber cement board industry. From market size and growth projections to regional trends and major players, these statistics provide a comprehensive overview of the industry landscape. Let’s dive into the numbers that are shaping the fiber cement board market.

Statistic 1

"The global fiber cement board market size was valued at approximately $13.6 billion in 2019."

Statistic 2

"The global fiber cement board industry is predicted to grow at a compound annual growth rate (CAGR) of 5.03% from 2020 to 2025."

Statistic 3

"The Asia-Pacific region held the largest share in the fiber cement board industry, reaching over 64% in 2017."

Statistic 4

"The construction of new residential buildings was the largest application segment of the fiber cement board market in 2019, with a market share of around 58%."

Statistic 5

"In 2019, siding was the main product type in the fiber cement board industry, representing 57.5% of the global market revenue."

Statistic 6

"James Hardie Industries is the global leader in fiber cement board production, with nearly 30% market share in 2019."

Statistic 7

"In 2020, the Middle East and Africa held the smallest market share in the fiber cement industry."

Statistic 8

"North America is expected to exhibit a CAGR of 4.94% in the fiber cement board industry from 2020 to 2025."

Statistic 9

"Europe fiber cement market size was valued at over USD 2.5 billion in 2018."

Statistic 10

"In 2021, India's fiber cement board market size is estimated to be around $560 million."

Statistic 11

"In the U.S., the fiber cement industry had an annual growth of 2.9% from 2016 to 2021."

Statistic 12

"China is the largest consumer of fiber cement products, consuming approximately 30% of the global volume in 2019."

Statistic 13

"In the UK, the fiber cement market is expected to increase by 4.5% annually up to 2025."

Statistic 14

"Fiber cement boards accounted for more than half of the global fiber cement products sales in 2018."

Statistic 15

"In 2017, roofing applications accounted for over 48% of the Asia-Pacific fiber cement industry."

Statistic 16

"The fiber cement board market in Japan reached a production volume of around 178.1 million square meters in 2016."

Statistic 17

"Australia’s fiber cement industry is projected to reach a value of more than AU$800 million by the end of 2024."

In conclusion, the global fiber cement board industry has demonstrated steady growth and significant regional variations in market share and application segments. The Asia-Pacific region dominates the market, with China as the largest consumer and India emerging as a key player. Residential construction and siding remain primary drivers of market demand, with James Hardie Industries leading in production. North America and Europe also show promising growth trends, while the UK and Australia anticipate further expansion in the coming years. The statistics reveal a dynamic and evolving landscape for the fiber cement board industry, shaped by regional market dynamics, key players, and application preferences.