Global Pva Fiber Reinforced Cement Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Pva Fiber Reinforced Cement Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Pva Fiber can enhance the toughness of cement-based materials, thereby improving structural durability. The flexural strength of cement reinforced with PVA fibers is much higher than that of cement that was not previously reinforced. Pva Fiber Reinforced Cement products have a wide range of applications, including external siding, internal walls, floors, ceiling interior and exterior, etc., so it is widely used in residential buildings and commercial buildings.

Market Overview:

The latest research study on the global Pva Fiber Reinforced Cement market finds that the global Pva Fiber Reinforced Cement market reached a value of USD 1461.4 million in 2022. It’s expected that the market will achieve USD 2089.0 million by 2028, exhibiting a CAGR of 6.14% during the forecast period.

Downstream demand declines and recovers slowly in a short time

For the Pva fiber reinforced cement market, the most direct impact is undoubtedly the decline in sales in recent months. Because of the greater risk of infection with COVID-19, people consciously reduce the number of trips. Activities in the construction industry also decreased. Therefore, the demand for Pva fiber reinforced cement naturally decreases. Due to the continuous impact of epidemic prevention and control, the progress of global construction engineering projects is still slow, and there are few actual construction projects. Although some places are already resuming work, it cannot be ignored that the epidemic prevention and control is not over. Therefore, the speed of downstream demand is still a gradual recovery process, and it is difficult to return to normal levels.

Stocks continue to rise in the short term

Under the influence of COVID-19, logistics is blocked, demand is reduced, the company's inventory will continue to rise, and the company's operating pressure will increase. Although the demand in the cement industry will be significantly reduced over the same period last year, it is difficult to digest high inventory, inventory will continue to rise in the short term. However, as the epidemic gradually improves or ends, the impact on the cement industry will gradually weaken. Demand is expected to pick up gradually from the second quarter, and prices are expected to be stable.

Affect the normal operation of the industry

The raging COVID-19 plunged the global economic environment into depression. The impact of COVID-19 on the Pva fiber reinforced cement industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The impact on the Pva fiber reinforced cement industry depends on the prevention effect of COVID-19.

Restricted in application

Although fiber-reinforced cement has many advantages, it is currently limited in practical engineering applications. For example, during the construction process, quality problems such as fiber agglomeration and breaking will occur during mixing and pouring, and the bonding performance needs to be further improved.

Pva fiber reinforced cement prices are higher

The high price of Pva fiber-reinforced cement limits its application range. Incorporation of PVA fiber in cement-based composite materials can effectively improve the crack resistance of cement-based composite materials, and can also significantly increase the tensile strength of concrete. However, due to its price, it limits the application of construction and the increase in market demand.

Global cement demand shows a steady increase

From the demand side, cement demand in Western Europe and the United States will continue to grow. The cement market in the Asia-Pacific region will also grow steadily. Take China as an example, China is the world's largest cement consumer. China is the world's most populous country, and its huge population base has created a huge demand for real estate. China is also a real estate country in the world. In the past ten years, China's real estate and infrastructure construction has developed rapidly. The rapid development of the construction industry has led to a substantial increase in cement production. From the supply side, global cement production capacity continues to grow. The increase in production capacity is mainly due to the rapid growth of production capacity in developing countries such as China and Vietnam.
Although there is a problem of overcapacity in the cement market in the Middle East and Africa, the global cement demand generally shows a steady increase. This will provide opportunities for the development of the Pva fiber reinforced cement industry market.

Region Overview:

Geographically, North America held the largest market share – 34.95% in 2022.

Company Overview:

JAMES HARDIE INDUSTRIES PLC is one of the major players operating in the Pva Fiber Reinforced Cement market, holding a share of 17.88% in 2023.

JAMES HARDIE INDUSTRIES PLC

JAMES HARDIE INDUSTRIES PLC manufactures building products for new home construction and remodeling. The Company's products include fiber cement siding, backer board, and pipe.

CEMBRIT HOLDING A/S

CEMBRIT HOLDING A/S operates as a holding company. The Company, through its subsidiaries, provides fiber cement products for facade, roofing, indoor, and construction.

Segmentation Overview:

By type, Flat Sheets segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Residential Building segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Pva Fiber Reinforced Cement market covered in Chapter 3:

JAMES HARDIE INDUSTRIES PLC
NICHIHA CORPORATION
ELEMENTIALL
VISAKA INDUSTRIES LIMITED
EVEREST INDUSTRIES LIMITED
GAF Materials Corporation
ETEX GROUP
CEMBRIT HOLDING A/S

In Chapter 4 and Chapter 14.2, on the basis of types, the Pva Fiber Reinforced Cement market from 2018 to 2029 is primarily split into:

Flat Sheets
Corrugated Sheets
Laminated Skirts
Shingle Slates
Planks
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pva Fiber Reinforced Cement market from 2018 to 2029 covers:

Residential Building
Commercial Building
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)