Cement boards market is expected to gain market growth in the forecast period of 2021 to 2028. Data bridge market research analyses that the market is growing with the CAGR of 5.60% in the forecast period of 2021 to 2028. The increase in construction activities across the globe is escalating the growth of cement boards market.
Cement boards refer to a sheet which is formed with the combination of cement and reinforcing fibers. Cement boards are extensively utilized as backing for tiles as they are considered to be water resistant and they provide additional strength to several supporting structures. They have numerous applications such as placement of new tiles over existing wood floors, creation of counter tops and others.
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The major players covered in the cement boards market report are James Hardie Building Products Inc., Etex Group, Cembrit Holding A/S, Everest, SHERA, Saint-Gobain, SCG CBM, Soben International (Asia Pacific) Ltd., Penny Panel Construction., Hume Cemboard Industries Sdn Bhd., Sanle Building Materials Industry Co., Ltd., Portal Corporativo, Ramco Industries Limited, Betonwood, Vnext by Visaka, CERTAINTEED., CIDEM Hranice a.s., Euroform, GAF, Knauf Gips KG, Owens Corning, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Cement Boards Market Scope and Market Size:
Cement boards market is segmented on the basis of type, construction type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the cement boards market is segmented into fibre cement boards, cement bonded particle boards, wood wool cement boards and wood strand cement boards.
- On the basis of construction type, the cement boards market is segmented into commercial buildings, residential buildings and others.
- On the basis of application, the cement boards market is segmented into fire resistant construction, flooring applications, external siding, permanent shuttering, thermal insulation, partition walls and others.
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Global Cement Boards Market Country Level Analysis:
Cement boards market is analysed and market size, volume information is provided by country, type, construction type and application as referenced above.
The countries covered in the cement boards market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cement boards market due to the rise in both residential and commercial construction activities in the region. Asia Pacific is expected to witness the highest CAGR in the forecast period of 2021 to 2028 because of the growing population, rise in disposable income and increase in building construction activities in the developing nations in the region.
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