Fiber Reinforced Cement or Fiber cement is a composite building and construction material primarily used in roofing and facade products. The principal role of fiber cement in the concrete composite is to control cracks, increase the tensile strength, toughness as well as to improve the deformation characteristics of the concrete. The demand for fiber cement is rapidly rising in all regions owing to its high strength, durability, resistance and anti-microbial properties.
Increasing construction activities, particularly in the residential sector is the primary factor driving the demand for fiber cement. Fiber cement installations are particularly useful in areas with persistent harsh environments. These provide good protection against rain and hail. Stringent regulatory protocols against the usage of asbestos are also providing improved growth opportunities for fiber cement market. Rapid industrialization especially in the emerging nations across the globe is positively impacting the growth of global fiber cement industry. Complex manufacturing procedure, comparatively high product and maintenance costs are prime restraining factors for its market growth.
Polypropylene, PVA, Lignocellulose, Carbon are the broad categories of fibre types. Polypropylene fiber is the major fiber of choice in cement production process owing to its high flexural strength and semi-crystalline nature. It is significantly used in the construction industry for concrete curing blankets, aluminium extruded products, functional and decorative hardware, protection for buried pipelines and many others.
By geography, the report segments the market into –North America, South America, Europe, Asia-Pacific and Rest of the World. The market for fibre cement is dominant in APAC region. The recent growth momentum in the largest economies in the APAC region remains particularly strong, reflecting policy stimulus in China and India, which in turn is benefiting other economies in Asia. Further, it is anticipated that the main impetus to growth in APAC will come from both the external sector (with better terms of trade and rising global demand) as well as the momentum of public and private investment across the regions and this is expected to better its share. Market is sustainably growing at a notable rate in developed regions (North America and Europe) as well.
Key Market Players:
By Fiber Type
By Production Process
Report Chapters –
Methodology and Scope
Key Market Trends and Headlines
Industry Analysis (covering market drivers and restraints, Porter 5 Forces, Regulatory Analysis and Patent analysis)
Segment Analysis (By material, by fiber type, by the production process, by application)
For more information about this report visit https://www.datamintelligence.com/research-report/fiber-cement-market/
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