DUBLIN, June 20, 2016 /PRNewswire/ —
Research and Markets has announced the addition of the “Fiber Cement Market by Material (Portland cement, Sand, Fiber, And Other Materials Including Paints and Additives), Application (Siding, Roofing, Molding & Trim, and Other Applications), End-Use (Residential and Non-Residential) – Forecast to 2021” report to their offering.
The fiber cement market is segmented on the basis of material, application, end-use, and region. On the basis of material, Portland cement, which is the most widely used type of cement used for making concrete and mortar, held the largest market share. It is a low-cost material and is readily available, which makes it one of the widely used materials for construction globally.
Based on application, siding held the largest share. This is because fiber cement siding does not require maintenance and is impervious to degradation. Fiber cement siding also improves the aesthetic appeal of the buildings.
The market is segmented into residential and non-residential sectors, based on end use. This is primarily due to favorable and lenient lending policies initiated by governments across all regions, which is driving the sales of residential construction projects.
On the basis of key regions, the market for fiber cement is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific is projected to grow at the highest rate from 2016 to 2021, because the countries in this region are expected to achieve high growth in the construction sector, thus triggering a huge demand for fiber cement.
There are certain factors prevailing in the market that hinder the growth of this industry. Some of these are high costs of fiber cement products as compared to alternatives such as vinyl or aluminum. Further, installation process of fiber cement products is complex.
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Fiber Cement Market, By Application
7 Fiber Cement Market, By End Use
8 Fiber Cement Market, By Material
9 Fiber Cement Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/xsz6d9/fiber_cement
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SOURCE Research and Markets