Cement Board Market

Cement Board Market, By Product Type (Fiber Cement Board (FCB), Wood Wool Cement Board (WWCB), Wood Strand Cement Board (WSCB), Cement Bonded Particle Board (CBPB)), By Application (Flooring, Exterior and Partition Walls, Roofing, Columns and Beams, Facades, Weatherboard, and Cladding, Acoustic and Thermal Insulation, Other Applications (Prefabricated Houses, Permanent Shuttering, Fire- resistant Construction, etc.)), By End-User (Residential, Commercial, Industrial and Institutional), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Cement boards are composed of different types of fibers and naturally occurring materials such as wool, wood fibers, bonded particles, wood strands, and others. Cement boards are majorly used in construction applications due to their longevity in the structures. These boards offers superior resistance to weather conditions, fire, and heavy winds. These properties make these ideal for exterior and partition walls, roofing, flooring, columns and beams, weatherboard, and cladding, facades, and acoustic and thermal insulation application.

Cement boards are combinations of cement, glass, aggregate, and fiber reinforcements that are formed into sheets and used as tile backing boards, and to build walls or floors. They can be nailed or screwed to steel or wood studs to create a substrate for vertical tiling. Cement boards can also be attached to plywood horizontally for tile floors, kitchen counters, and backsplashes. These hard, environmentally-stable materials are sometimes used on the exterior of buildings as a base for exterior plaster systems or even as the finishing system itself. Typically, cement boards are formed into 4-ft. x 8-ft. or 3-ft. x 5-ft. sheets with a thickness of 1/2 in. or 1/4 in.

Product specifications for cement boards include dimensional, mechanical, physical, and thermal characteristics. Length, width, and thickness are critical dimensions to consider. With regard to mechanical properties, cement boards differ in terms of compressive strength and modulus of rupture (MOR). Compressive or crushing strength is the maximum compressive load per unit cross-section that cement boards can withstand before mechanical failure or breakage occurs. MOR, flexural strength, or cross-strength is the maximum flexural strength that products can withstand before failure occurs.

Market Dynamics:

Growing residential sector across the globe and increasing number of single-family homes in North America and Europe are key factor driving the market growth. Moreover, growing investment in construction sector is also expected to drive the global cement board market growth. Increasing application of cement board in wall partition in commercial and residential spaces is projected to offer lucrative growth opportunities over the forecast period.

On the other hand, environmental concerns related to the manufacturing of fiber cement boards and high cost of installation and maintenance are prime factors that are expected to hinder the market growth.

Key features of the study:

• This report provides in-depth analysis of the global cement board market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global cement board market based on the following parameters–company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Etex Group, Elementia Materials, Everest Industries Limited, James Hardie Industries PLC, Johns Manville, Knauf Gips KG, Saint-Gobain, BetonWood Srl, Cembrit Holding A/S, HIL Limited, GAF, and NICHIHA Co. Ltd
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global cement board market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cement board market

Cement Board Market Detailed Segmentation:

• By Product Type:
• Fiber Cement Board (FCB)
• Wood Wool Cement Board (WWCB)
• Wood Strand Cement Board (WSCB)
• Cement Bonded Particle Board (CBPB)
• By Application:
• Flooring
• Exterior and Partition Walls
• Roofing
• Columns and Beams
• Facades, Weatherboard, and Cladding
• Acoustic and Thermal Insulation
• Other Applications (Prefabricated Houses, Permanent Shuttering, Fire- resistant Construction, etc.)
• By End-User:
• Residential
• Commercial
• Industrial and Institutional
• By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
• Company Profiles
• Etex Group
• Elementia Materials
• Everest Industries Limited
• James Hardie Industries PLC
• Johns Manville
• Knauf Gips KG
• Saint-Gobain
• BetonWood Srl
• Cembrit Holding A/S
• HIL Limited
• GAFNICHIHA Co. Ltd