North America Fiber Cement Market Size, Share & Trends Analysis Report By End Use (Non-Residential and Residential), By Raw Material (Portland Cement, Silica, Cellulosic Fiber, and Others), By Construction Type, By Country and Growth Forecast, 2024 - 2031

North America Fiber Cement Market Size, Share & Trends Analysis Report By End Use (Non-Residential and Residential), By Raw Material (Portland Cement, Silica, Cellulosic Fiber, and Others), By Construction Type, By Country and Growth Forecast, 2024 - 2031


The North America Fiber Cement Market would witness market growth of 3.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 9,533.3 Kilo Tonnes, showcasing a growth of 18.5% (2020-2023).

This cement is widely utilized in non-residential construction for a range of applications due to its durability, versatility, and low maintenance requirements. In commercial and industrial settings, fiber cement siding is commonly used as exterior cladding for buildings, offering protection against weather elements, fire resistance, and a visually appealing finish that can mimic various architectural styles. This makes it a popular choice for retail stores, office buildings, schools, and healthcare facilities, among others. Thus, the Non-residential construction application consumed 7,499.0 kilo tonnes of this cement in 2023.

The US market dominated the North America Fiber Cement Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,591 million by 2031. The Canada market is experiencing a CAGR of 4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 4.7% during (2024 - 2031).

This cement panels are used for architectural building cladding to provide aesthetic appeal and protection. These panels can be used on exterior walls, facades, and rainscreen systems to enhance the building's appearance while offering durability and weather resistance. The cement trim and molding add architectural details to buildings, such as window surrounds, cornices, and fascia boards. The cement trim is resistant to rot, insects, and moisture, making it a long-lasting option for building finishing touches.

This cement fascia and soffit boards are commonly used to finish the edges of roofs and eaves. These components provide a clean, finished look to the roofline while protecting against moisture and pests. These cement decking boards are an alternative to traditional wood or composite decking materials. This cement decking is durable, low-maintenance, and resistant to rot, insects, and fire, making it suitable for outdoor decks and patios.

Mexico's growing economy and population drive demand for infrastructure development, including roads, bridges, utilities, and public transportation systems. Mexico's increasing urbanization and housing demand fuel growth in the residential construction sector. Mexico's growing commercial and industrial sectors require durable and versatile building materials. Urban regeneration projects aim to revitalize urban areas, historic neighborhoods, and underutilized spaces in Mexican cities. Hence, the factors mentioned above will drive the regional market growth.

Based on End Use, the market is segmented into Non-Residential and Residential. Based on Raw Material, the market is segmented into Portland Cement, Silica, Cellulosic Fiber, and Others. Based on Construction Type, the market is segmented into Siding, Roofing, Molding & Trim, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Knauf Gips KG (Gebr. Knauf KG)
  • Beijing New Building Materials Public Limited Company
  • Etex NV
  • Swisspearl Group AG
  • Saint-Gobain Group
  • Toray Industries, Inc.
  • CSR Limited
  • Nichiha Corporation
  • SHERA Public Company Limited
  • Beijing Hocreboard Building Materials Co. Ltd.
North America Fiber Cement Market Report Segmentation

By End Use (Volume, Kilo Tonnes, USD Billion, 2020-31)
  • Non-Residential
  • Residential
By Raw Material (Volume, Kilo Tonnes, USD Billion, 2020-31)
  • Portland Cement
  • Silica
  • Cellulosic Fiber
  • Others
By Construction Type (Volume, Kilo Tonnes, USD Billion, 2020-31)
  • Siding
  • Roofing
  • Molding & Trim
  • Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-31)
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fiber Cement Market, by End Use
1.4.2 North America Fiber Cement Market, by Raw Material
1.4.3 North America Fiber Cement Market, by Construction Type
1.4.4 North America Fiber Cement Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Fiber Cement Market by End Use
4.1 North America Non-Residential Market by Country
4.2 North America Residential Market by Country
Chapter 5. North America Fiber Cement Market by Raw Material
5.1 North America Portland Cement Market by Country
5.2 North America Silica Market by Country
5.3 North America Cellulosic Fiber Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Fiber Cement Market by Construction Type
6.1 North America Siding Market by Country
6.2 North America Roofing Market by Country
6.3 North America Molding & Trim Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Fiber Cement Market by Country
7.1 US Fiber Cement Market
7.1.1 US Fiber Cement Market by End Use
7.1.2 US Fiber Cement Market by Raw Material
7.1.3 US Fiber Cement Market by Construction Type
7.2 Canada Fiber Cement Market
7.2.1 Canada Fiber Cement Market by End Use
7.2.2 Canada Fiber Cement Market by Raw Material
7.2.3 Canada Fiber Cement Market by Construction Type
7.3 Mexico Fiber Cement Market
7.3.1 Mexico Fiber Cement Market by End Use
7.3.2 Mexico Fiber Cement Market by Raw Material
7.3.3 Mexico Fiber Cement Market by Construction Type
7.4 Rest of North America Fiber Cement Market
7.4.1 Rest of North America Fiber Cement Market by End Use
7.4.2 Rest of North America Fiber Cement Market by Raw Material
7.4.3 Rest of North America Fiber Cement Market by Construction Type
Chapter 8. Company Profiles
8.1 Swisspearl Group AG
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.2 CSR Limited
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.3 Nichiha Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Research & Development Expenses
8.3.4 Recent strategies and developments:
8.3.4.1 Product Launches and Product Expansions:
8.4 SHERA Public Company Limited
8.4.1 Company Overview
8.5 Beijing Hocreboard Building Materials Co. Ltd.
8.5.1 Company Overview
8.6 Knauf Gips KG (Gebr. Knauf KG)
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Beijing New Building Materials Public Limited Company
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Etex NV
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Acquisition and Mergers:
8.8.5 SWOT Analysis
8.9 Saint-Gobain Group
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. Toray Industries, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis

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