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 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 fiber 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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Market Analysis and Insights: Global 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.
The increasing rate of construction activities and rise in the number of residential buildings and commercial buildings across the globe is the major factor driving the cement boards market. The increase in demand of the product owning to its beneficial properties such as impact resistance, fire resistance, moisture resistance and easy to install and handle making them preferable for several applications including fire resistant furniture, floors and roofs, exterior and partition walls, ceilings and others propels the market. The high usage of cement boards in construction projects as they offer durable structure as well as in furniture sector also influences the market growth. Rise in concerns associated with the weather conditions and insulation of concrete and implementation of regulatory norms regarding the reduction of hazardous chemicals make cement boards more preferable than concrete as they consist of less carbon and environment friendly compared to the other. Additionally, rise in population globally, increase in disposable income in developing nations and job-driven migration positively affect the cement boards market. Furthermore, the high need for durable building products in the areas which are known to be prone to natural disasters and introduction of new technologies extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
Global Cement Boards Market Country Level Analysis
Cement boards market is analyzed 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.
Cement Boards Market Share Analysis
Cement boards market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cement boards market.
Current Key Players in cement boards market
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.
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MAJOR TOC OF THE REPORT
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
· Chapter Six: cement boards market
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