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)

Date: 2016-01

“Fiber cement is strengthened with fibers, which in its new plastic state, is workable for all intents and purposes any shape and frame. Fiber cement items have discovered its way into the different real application ranges including modern, customer and horticulture segments. The items utilized for these reasons fluctuate in light of the prerequisites. Fiber cement items are majorly utilized for manufacturing of cladding and roofing materials. Fiber cement market is segmented on the basis of different fiber types such as polypropylene, PVA, fiberglass, carbon, Kevlar, steel, asbestos and lignocellulose. Apart from fiber types market is also segmented considering other factors such as by production processes, by product type and by application. Different geographical regions are also considered in the segmentation.
After the ban on asbestos based fiber cement products by the regulatory authorities of the market, asbestos based products are in the process of gradual phased out from the market. Among the alternate fiber which are now popular in the industry, polypropylene and PVA accounts a large pie of the global volume. Lignocellulose fiber cement products are still in demand though the growth has slowed down after synthetic fibers are introduced in the industry.
The global fiber cement market is set to experience a significant development owing to the strong demand for fiber cement as an aftereffect of restriction on asbestos. Escalating growth in the urban housing sector of the world, prominently in developing economies such as China and India, due to the exponentially growing population has led to a strong demand for construction chemicals and products such as fiber cement. Asia-Pacific (APAC) region is the major shareholder with more than 45% share in the global fiber cement market, due to the presence of numerous raw material suppliers and an ever growing construction sector.
James Hardie Industries PLC, Nichiha Corp., Elementia, S.A. de C.V. and Marley Eternit Ltd. are amongst the major manufacturers of fiber cement in this industry. Additionally, with the phase-out of asbestos in construction applications, new products related to fiber cements are being launched by the companies to meet the future demand and capture both the domestic market and global market share.


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