A cement board is a combination of cement and reinforcing fibers formed into sheets, of varying thickness that are typically used as a tile backing board. Cement boards are used widely in flooring and walls, beyond the building and construction industry application, they can also used in foundry, refractory, metal processing and other high-temperature applications.
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According to Publisher’s latest study, the global Cement Boards market size was valued at US$ 15740 million in 2023. With growing demand in downstream market, the Cement Boards is forecast to a readjusted size of US$ 21680 million by 2030 with a CAGR of 4.7% during review period.
Global key players of Cement Boards include James Hardie, Etex Group, Nichiha and Elementia, etc. The top four players hold a share over 40%. North America is the largest market, has a share about 35%. In terms of product type, Fibre Cement Board is the largest segment, occupied for a share of about 70%, and in terms of application, Commercial Buildings has a share about 63 percent.
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Key Features:
The report on Cement Boards market reflects various aspects and provide valuable insights into the industry.
Market Drivers and Challenges:
Market Drivers-
Growing Need for Dry Construction Techniques: Because dry construction techniques are quicker, less expensive, and require less space to build, they are becoming more and more common. Examples of these techniques include modular construction and off-site manufacturing. Because they can be constructed off-site, are lightweight, and are easy to handle, cement boards are essential to these techniques. The market for cement boards is driven by the move to dry construction methods.
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A Growing Emphasis on Impact and Fire Resistance: When constructing a building, impact and fire resistance are essential components. Cement boards are perfect for fire-rated walls, partitions, and ceilings because of their exceptional fire resistance qualities. Their acceptance in a variety of applications is fueled by their high impact strength, which also guarantees longevity and protection against wear and tear.
Market Challenges-
Complexities in Installation and Handling: Cement boards are heavy and unyielding, and their unique requirements for installation and handling make them difficult for builders, contractors, and installers to work with in terms of logistics, transportation, cutting, fastening, and finishing methods.
Competition from Alternative Materials: The market share and expansion of cement boards are threatened by fierce competition from alternative building materials, especially in areas and applications where costs are a concern. These materials include fiber cement boards, calcium silicate boards, magnesium oxide boards, and gypsum boards.
Technological Developments:
Surface Coatings and Treatments: In order to improve cement board performance and appearance, surface coatings and treatments have been developed. Cement boards can be used in more interior and outdoor settings and have a longer lifespan thanks to these treatments, which offer further defense against moisture, UV rays, and microbiological growth.
Prefabrication and Modular Systems: Implementing panelized construction, modular systems, and prefabrication techniques speeds up the installation process, lowers labor costs, waste production, and construction time. It also improves project productivity and efficiency for both residential and commercial applications.
Recommendations and Opportunities:
Product Innovation and customisation: To meet unique client needs, manufacturers should concentrate on product innovation and customisation. Creating cement boards with improved qualities, such better acoustics, insulation, and design flexibility, can expand the market and draw in a larger clientele.
Partnerships and Cooperation: Cement board producers, builders, and architects working together can spur innovation and expand the market. Collaborative endeavors may center around formulating and advocating for sustainable construction solutions, carrying out research and development, and collaboratively tackling industrial obstacles.
Market Forecasts and Future Outlook:
In the upcoming years, the market for cement boards is anticipated to rise steadily worldwide. The main factors propelling market expansion will be the accelerated urbanization, growing use of sustainable construction techniques, and need for dry construction techniques. Technological developments in surface treatments, production procedures, and customisation choices will improve cement board performance and application possibilities even further.
Cement board demand will also be driven by the requirement for strong construction materials, safety standards, and an increasing emphasis on energy efficiency. Additional potential opportunities are presented by emerging trends like the use of sophisticated additives and fibers in cement board manufacture, digitalization, and the integration of smart technology.
Market Size and Growth: The research report provide an overview of the current size and growth of the Cement Boards market. It may include historical data, market segmentation by Type (e.g., Fibre Cement Board, Cement Bonded Particle Board), and regional breakdowns.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Cement Boards market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Cement Boards market. It includes factors influencing customer ' purchasing decisions, preferences for Cement Boards product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Cement Boards market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Cement Boards market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Cement Boards market.
Market Segmentation:
Cement Boards market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Fibre Cement Board
Cement Bonded Particle Board
Wood Based Cement Board
Others
Segmentation by application
Commercial Buildings
Residential Buildings
Others
Segmentation by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Key Players
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
James Hardie
Etex Group
Nichiha
Elementia
Swisspearl
Kmew
Hong Leong Group
Visaka Industries
Everest Industries
CSR Limited
Saint-Gobain
Mahaphant (SHERA)
SCG Building Materials
Sanle Group
HeaderBoard Building Materials
Lato OJSC
Binzhou Lvbang Board
Taisyou
China Conch Venture Holdings
GAF
FRAMECAD
TD LTM LLC
Soben Board
TEPE Betopan
HEKIM YAPI
Atermit
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cement Boards Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Cement Boards by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Cement Boards by Country/Region, 2019, 2023 & 2030
2.2 Cement Boards Segment by Type
2.2.1 Fibre Cement Board
2.2.2 Cement Bonded Particle Board
2.2.3 Wood Based Cement Board
2.2.4 Others
2.3 Cement Boards Sales by Type
2.3.1 Global Cement Boards Sales Market Share by Type (2019-2024)
2.3.2 Global Cement Boards Revenue and Market Share by Type (2019-2024)
2.3.3 Global Cement Boards Sale Price by Type (2019-2024)
2.4 Cement Boards Segment by Application
2.4.1 Commercial Buildings
2.4.2 Residential Buildings
2.4.3 Others
2.5 Cement Boards Sales by Application
2.5.1 Global Cement Boards Sale Market Share by Application (2019-2024)
2.5.2 Global Cement Boards Revenue and Market Share by Application (2019-2024)
2.5.3 Global Cement Boards Sale Price by Application (2019-2024)
3 Global Cement Boards by Company
3.1 Global Cement Boards Breakdown Data by Company
3.1.1 Global Cement Boards Annual Sales by Company (2019-2024)
3.1.2 Global Cement Boards Sales Market Share by Company (2019-2024)
3.2 Global Cement Boards Annual Revenue by Company (2019-2024)
3.2.1 Global Cement Boards Revenue by Company (2019-2024)
3.2.2 Global Cement Boards Revenue Market Share by Company (2019-2024)
3.3 Global Cement Boards Sale Price by Company
3.4 Key Manufacturers Cement Boards Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Cement Boards Product Location Distribution
3.4.2 Players Cement Boards Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Cement Boards by Geographic Region
4.1 World Historic Cement Boards Market Size by Geographic Region (2019-2024)
4.1.1 Global Cement Boards Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Cement Boards Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Cement Boards Market Size by Country/Region (2019-2024)
4.2.1 Global Cement Boards Annual Sales by Country/Region (2019-2024)
4.2.2 Global Cement Boards Annual Revenue by Country/Region (2019-2024)
4.3 Americas Cement Boards Sales Growth
4.4 APAC Cement Boards Sales Growth
4.5 Europe Cement Boards Sales Growth
4.6 Middle East & Africa Cement Boards Sales Growth
5 Americas
5.1 Americas Cement Boards Sales by Country
5.1.1 Americas Cement Boards Sales by Country (2019-2024)
5.1.2 Americas Cement Boards Revenue by Country (2019-2024)
5.2 Americas Cement Boards Sales by Type
5.3 Americas Cement Boards Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Cement Boards Sales by Region
6.1.1 APAC Cement Boards Sales by Region (2019-2024)
6.1.2 APAC Cement Boards Revenue by Region (2019-2024)
6.2 APAC Cement Boards Sales by Type
6.3 APAC Cement Boards Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Cement Boards by Country
7.1.1 Europe Cement Boards Sales by Country (2019-2024)
7.1.2 Europe Cement Boards Revenue by Country (2019-2024)
7.2 Europe Cement Boards Sales by Type
7.3 Europe Cement Boards Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Cement Boards by Country
8.1.1 Middle East & Africa Cement Boards Sales by Country (2019-2024)
8.1.2 Middle East & Africa Cement Boards Revenue by Country (2019-2024)
8.2 Middle East & Africa Cement Boards Sales by Type
8.3 Middle East & Africa Cement Boards Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Cement Boards
10.3 Manufacturing Process Analysis of Cement Boards
10.4 Industry Chain Structure of Cement Boards
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Cement Boards Distributors
11.3 Cement Boards Customer
12 World Forecast Review for Cement Boards by Geographic Region
12.1 Global Cement Boards Market Size Forecast by Region
12.1.1 Global Cement Boards Forecast by Region (2025-2030)
12.1.2 Global Cement Boards Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Cement Boards Forecast by Type
12.7 Global Cement Boards Forecast by Application
13 Key Players Analysis
13.1 James Hardie
13.1.1 James Hardie Company Information
13.1.2 James Hardie Cement Boards Product Portfolios and Specifications
13.1.3 James Hardie Cement Boards Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 James Hardie Main Business Overview
13.1.5 James Hardie Latest Developments
13.2 Etex Group
13.2.1 Etex Group Company Information
13.2.2 Etex Group Cement Boards Product Portfolios and Specifications
13.2.3 Etex Group Cement Boards Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Etex Group Main Business Overview
13.2.5 Etex Group Latest Developments
13.3 Nichiha
13.3.1 Nichiha Company Information
13.3.2 Nichiha Cement Boards Product Portfolios and Specifications
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