GITNUX MARKETDATA REPORT 2024
Fiber Cement Industry Statistics
The fiber cement industry is expected to experience steady growth in the coming years due to increasing demand for sustainable and durable construction materials.
In this post, we explore key statistics and insights surrounding the global fiber cement industry. From market size and regional trends to segment dominance and revenue projections, these data points shed light on the evolving landscape of the fiber cement market. Let’s dive into the numbers that paint a comprehensive picture of this thriving industry.
Statistic 1
"The global Fiber Cement Market size was valued at USD 13.6 billion in 2019."
Statistic 2
"The fiber cement industry is expected to expand at a CAGR of 6.0%, from 2020 to 2027."
Statistic 3
"The Asia Pacific region accounted for the largest market share of over 32% in terms of volume in 2019."
Statistic 4
"The slender and light fiber cement products segment dominated the market with a volume share of over 59.5% in 2019."
Statistic 5
"The non-residential application segment held the largest revenue share of over 65.3% in 2019."
Statistic 6
"The fiber cement market in Europe is expected to expand at a moderate CAGR of 3.9% from 2020 to 2027."
Statistic 7
"The global fiber cement market is projected to reach USD 20.8 billion by 2025."
Statistic 8
"The cladding segment is estimated to account for the largest share in the fiber cement market in 2020."
Statistic 9
"The building & construction application leads the fiber cement industry with more than 85% market share."
Statistic 10
"Fiber cement products for the residential sector are projected to grow at the highest CAGR during 2020-2025."
Statistic 11
"The global fiber cement siding market was valued at $13.9 billion in 2018."
Statistic 12
"The fiber cement siding market is expected to record a CAGR of over 5% from 2020 to 2025."
Statistic 13
"The fiber cement industry in North America accounted for around 35% of the global market in 2018."
Statistic 14
"The largest market share for fiber cement is expected to continue in the non-residential sector with a revenue of $7.9 bn by 2025."
Statistic 15
"The roofing products segment of fiber cement market is expected to reach a revenue of $2.4 billion by 2025."
Statistic 16
"The fireproof fiber cement segment will grow at a CAGR of 3.2% through 2025."
Statistic 17
"Asia-Pacific region led the fiber cement market in 2018, with over 42% of total volume."
Statistic 18
"The fiber cement market in Middle East & Africa is expected to grow at a CAGR of 6.4% between 2019 and 2026."
Statistic 19
"The fiber cement cladding market in North America is projected to witness a growth of over 4.5% up to 2026."
Statistic 20
"The fiber cement roofing market in Europe is likely to surpass USD 800 million by 2026."
Jannik Lindner
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