PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1515521
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1515521
Asia Pacific Fiber Cement Market, By Product, By Material, By Application, By End-User, By Country - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Asia Pacific Fiber Cement Market was valued at USD 6,768.5 million in 2023, expanding at a CAGR of 6.9% from 2024 to 2032.
Fiber cement is a versatile and durable composite building material commonly used in residential and commercial projects. It comprises Portland cement, sand, water, and cellulose fibers, although the exact composition may vary by manufacturer. Compared to traditional siding materials like wood and vinyl, fiber cement siding offers superior performance benefits. Its energy-efficient properties and low environmental impact make it a popular choice among those concerned with sustainability. Additionally, fiber cement is highly resistant to fire, making it an ideal option for areas at risk of natural disasters.
Asia Pacific Fiber Cement Market- Market Dynamics
The surge in demand for advanced construction materials is expected to drive the growth of the market
The growing emphasis on sustainable construction methods is propelling the use of fiber cement, recognized for its eco-friendly nature compared to traditional materials. Cement stands as the most commonly utilized substance in the construction sector, contributing to approximately 8% of global CO2 emissions. The total worth of the eco-friendly building industry in China hit USD178.1 billion in 2021. China aims to enlarge the eco-friendly building materials sector to around RMB 1.3 trillion (USD 180 billion) by 2025 with an annual growth rate of three percent, as projected by China Briefing. Moreover, ongoing enhancements in manufacturing techniques and product development could present growth prospects for the market. Nevertheless, environmental apprehensions might impede market expansion.
Asia Pacific Fiber Cement Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 6.9% over the forecast period (2024-2032)
Based on Material segmentation, Portland cement was the leading type in 2023
Based on Application segmentation, Siding was the leading type in 2023
Based on End-User segmentation, the commercial sector was the leading type in 2023
Based on countries, China was the leading revenue generator in 2023
Asia Pacific Fiber Cement Market- Segmentation Analysis:
The Asia Pacific Fiber Cement Market is segmented based on Product, Material, Application, End-User, and Country.
The market is segmented into three categories according to Product: High-Density Board, Medium Density Board, and Low-Density Board. Each category provides distinct advantages and uses, addressing various construction requirements.
The market is segmented into three divisions according to Material: Portland cement, Silica, and Cellulosic Fibers. Portland cement holds the largest share of the market. It is a crucial component that combines cellulose fibers, sand, and other additives, creating a composite material extensively utilized for diverse construction purposes.
The market is segmented into five categories according to Application: Siding, Roofing, Cladding, Molding, and Trimming. Siding holds the largest market share. The siding sector in the Asia Pacific fiber cement market is particularly noteworthy for its extensive use in both residential and commercial building projects.
The market is segmented into three divisions according to End-User: Residential, Commercial, and Industrial. The commercial sector holds the largest share of the market. This sector adores the advantages of fiber cement's low maintenance needs, which lead to reduced long-term expenses and the durability of buildings.
Asia Pacific Fiber Cement Market- Geographical Insights
The analysis of the Asia Pacific Fiber Cement market encompasses nations such as India, China, South Korea, Japan, Australia, Thailand, Indonesia, and the Philippines, in addition to the remaining countries in the Asia Pacific (APAC) region. China dominates the Asia Pacific Fiber Cement market, primarily attributed to the rise in urbanization and industrialization in developing economies. The rapid urbanization in China has resulted in a significant influx of people migrating to urban areas annually. This shift has consequently boosted the requirement for sturdy construction materials like fiber cement, fueling the demand for new residential and commercial structures.
Asia Pacific Fiber Cement Market- Competitive Landscape:
The competitive landscape of the fiber cement market in the Asia Pacific is intense, as numerous prominent players are vying for market dominance by focusing on product innovation, strategic collaborations, and business expansions. Factors like product quality, technological progress, pricing strategies, and brand recognition significantly impact the competition. Firms are dedicating substantial resources to research and development to introduce enhanced fiber cement products that excel in durability, visual appeal, and eco-friendliness. Effective branding and tailored marketing initiatives play a crucial role in fostering brand loyalty and expanding customer base.
Recent Developments:
Everest Industries is building a factory for fiber cement boards and wall panels in Chamarajanagar district, Karnataka, with a total investment of USD 22.6 m. The upcoming plant, situated on an 8.09-hectare site in the Kellambali-Badanaguppe industrial zone, is expected to commence operations by March 2024.
Etex N.V. entered into a contract to purchase the Plasterboard and fiber cement divisions from BGC (Australia) PTY Ltd. on October 12, 2023. Following the finalization of the deal, around 200 fresh employees will become part of Etex in Australia.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
ASIA PACIFIC FIBER CEMENT MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHT
Century Plyboards Ltd.
Compagine de Saint Gobin SA
CSR Ltd
Extex NV
Everest Industries Ltd
James Hardie Industries plc
Nichiha Corp
Swisspearl Group AG
Others
ASIA PACIFIC FIBER CEMENT MARKET, BY PRODUCT - MARKET ANALYSIS, 2019 - 2032
High-Density Board
Medium Density Board
Low-Density Board
ASIA PACIFIC FIBER CEMENT MARKET, BY MATERIAL- MARKET ANALYSIS, 2019 - 2032
Portland Cement
Silica
Cellulosic Fibers
ASIA PACIFIC FIBER CEMENT MARKET, BY APPLICATION - MARKET ANALYSIS, 2019 - 2032
Siding
Roofing
Cladding
Molding and Trimming
ASIA PACIFIC FIBER CEMENT MARKET, BY END-USER - MARKET ANALYSIS, 2019 - 2032
Residential Construction
Commercial Construction
Industrial Siding
ASIA PACIFIC FIBER CEMENT MARKET, BY COUNTRY- MARKET ANALYSIS, 2019 - 2032
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Table of Contents
1. Asia Pacific Fiber Cement Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Asia Pacific Fiber Cement Market Snippet by Product
- 2.1.2. Asia Pacific Fiber Cement Market Snippet by Material
- 2.1.3. Asia Pacific Fiber Cement Market Snippet by Application
- 2.1.4. Asia Pacific Fiber Cement Market Snippet by End-User
- 2.1.5. Asia Pacific Fiber Cement Market Snippet by Country
- 2.1.6. Asia Pacific Fiber Cement Market Snippet by Region
- 2.2. Competitive Insights
3. Asia Pacific Fiber Cement Key Market Trends
- 3.1. Asia Pacific Fiber Cement Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Asia Pacific Fiber Cement Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Asia Pacific Fiber Cement Market Opportunities
- 3.4. Asia Pacific Fiber Cement Market Future Trends
4. Asia Pacific Fiber Cement Industry Study
- 4.1. PEST Analysis
- 4.2. Porter's Five Forces Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Asia Pacific Fiber Cement Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Asia Pacific Fiber Cement Market Landscape
- 6.1. Asia Pacific Fiber Cement Market Share Analysis, 2023
- 6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis
7. Asia Pacific Fiber Cement Market - By Product
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Product, 2023 & 2032 (%)
- 7.1.2. Livestock Animals
- 7.1.3. Companion Animals
8. Asia Pacific Fiber Cement Market - By Material
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Material, 2023 & 2032 (%)
- 8.1.2. High-Density Board
- 8.1.3. Medium Density Board
- 8.1.4. Low-Density Board
9. Asia Pacific Fiber Cement Market - By Application
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By Application, 2023 & 2032 (%)
- 9.1.2. Siding
- 9.1.3. Roofing
- 9.1.4. Cladding
- 9.1.5. Molding and Trimming
10. Asia Pacific Fiber Cement Market - By End-User
- 10.1. Overview
- 10.1.1. Segment Share Analysis, By End-User, 2023 & 2032 (%)
- 10.1.2. Residential Construction
- 10.1.3. Commercial Construction
- 10.1.4. Industrial Siding
11. Asia Pacific Fiber Cement Market- By Geography
- 11.1. Introduction
- 11.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
- 11.2. Asia Pacific (APAC)
- 11.2.1. Overview
- 11.2.2. Asia Pacific Fiber Cement Key Manufacturers in Asia Pacific
- 11.2.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.2.4. Asia Pacific Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 11.2.5. Asia Pacific Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.6. Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.7. Asia Pacific Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
- 11.2.8. India
- 11.2.8.1. Overview
- 11.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.8.3. India Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 11.2.8.4. India Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.8.5. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.8.6. India Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
- 11.2.9. China
- 11.2.9.1. Overview
- 11.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.9.3. China Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 11.2.9.4. China Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.9.5. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.9.6. China Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
- 11.2.10. Japan
- 11.2.10.1. Overview
- 11.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.10.3. Japan Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 11.2.10.4. Japan Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.10.5. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.10.6. Japan Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
- 11.2.11. South Korea
- 11.2.11.1. Overview
- 11.2.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.11.3. South Korea Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 11.2.11.4. South Korea Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.11.5. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.11.6. South Korea Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
- 11.2.12. Australia
- 11.2.12.1. Overview
- 11.2.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.12.3. Australia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 11.2.12.4. Australia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.12.5. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.12.6. Australia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
- 11.2.13. Thailand
- 11.2.13.1. Overview
- 11.2.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.13.3. Thailand Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 11.2.13.4. Thailand Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.13.5. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.13.6. Thailand Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
- 11.2.14. Indonesia
- 11.2.14.1. Overview
- 11.2.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.14.3. Indonesia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 11.2.14.4. Indonesia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.14.5. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.14.6. Indonesia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
- 11.2.15. Philippines
- 11.2.15.1. Overview
- 11.2.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.15.3. Philippines Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 11.2.15.4. Philippines Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.15.5. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.15.6. Philippines Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
- 11.2.16. Rest of APAC
- 11.2.16.1. Overview
- 11.2.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.16.3. Rest of APAC Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 11.2.16.4. Rest of APAC Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.16.5. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.16.6. Rest of APAC Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
12. Key Vendor Analysis- Asia Pacific Fiber Cement Industry
- 12.1. Competitive Dashboard
- 12.2. Company Profiles
- 12.2.1. Century Plyboards Ltd.
- 12.2.2. Compagine de Saint Gobin SA
- 12.2.3. CSR Ltd
- 12.2.4. Extex NV
- 12.2.5. Everest Industries Ltd
- 12.2.6. James Hardie Industries plc
- 12.2.7. Nichiha Corp
- 12.2.8. Swisspearl Group AG
- 12.2.9. Others
13. 360 Degree Analyst View
14. Appendix
- 14.1. Research Methodology
- 14.2. References
- 14.3. Abbreviations
- 14.4. Disclaimer
- 14.5. Contact Us
List of Tables
- TABLE List of data sources
- TABLE Market drivers; Impact Analysis
- TABLE Market restraints; Impact Analysis
- TABLE Asia Pacific Fiber Cement Market, by Country, 2019-2032 (USD Million)
- TABLE Asia Pacific Fiber Cement Market, by Product, 2019-2032 (USD Million)
- TABLE Asia Pacific Fiber Cement Market, by Material, 2019-2032 (USD Million)
- TABLE Asia Pacific Fiber Cement Market, by Application, 2019-2032 (USD Million)
- TABLE Asia Pacific Fiber Cement Market, by End-User, 2019-2032 (USD Million)
List of Figures
- FIGURE Asia Pacific Fiber Cement Market Segmentation
- FIGURE Market research methodology
- FIGURE Value chain analysis
- FIGURE Porter's Five Forces Analysis
- FIGURE Market Attractiveness Analysis
- FIGURE COVID-19 Impact Analysis
- FIGURE Pre & Post COVID-19 Impact Comparision Study
- FIGURE Competitive Landscape; Key company market share analysis, 2023
- FIGURE Product segment market share analysis, 2023 & 2032
- FIGURE Product segment market size forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE Material segment market share analysis, 2023 & 2032
- FIGURE Material segment market size forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE Application segment market share analysis, 2023 & 2032
- FIGURE Application segment market size forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE End-User segment market share analysis, 2023 & 2032
- FIGURE End-User segment market size forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE Regional segment market share analysis, 2023 & 2032
- FIGURE Regional segment market size forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE Asia Pacific Fiber Cement Market share and leading players, 2023
- FIGURE India Asia Pacific Fiber Cement Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE China Asia Pacific Fiber Cement Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE Japan Asia Pacific Fiber Cement Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE South Korea Asia Pacific Fiber Cement Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE Australia Asia Pacific Fiber Cement Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE Thailand Asia Pacific Fiber Cement Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE Indonesia Asia Pacific Fiber Cement Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE Philippines Asia Pacific Fiber Cement Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
- FIGURE Rest of APAC Asia Pacific Fiber Cement Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
