Asia Pacific Fiber Cement Siding Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Portland Cement, Silica, Cellulosic Fiber, and Others), Type (Clapboard, Shingles, and Stone or Stucco), and End User (Residential and Commercial)
The fiber cement siding market in APAC is expected to grow from US$ 1,211.21 million in 2021 to US$ 2,126.54 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028.
The fiber cement sidings provide multiple opportunities to builders, contractors, and homeowners in terms of attracting customers, generating revenues, and helping in expanding their business. Fiber cement siding is fire and heat resistant and offers a better exterior look to the house at an affordable price rate as compared with its alternatives. Fiber cement has a flame spread rating of 0, which is like a brick. Also, the fiber cement siding is extremely weather resistant and can easily bear extreme heat and humid conditions.
Further, the fiber cement sidings require minimum maintenance, which provides advantage to the customer. Also, its installation can be done effortlessly by homeowners, which is why it is called the DIY (Do-It-Yourself) concept. These fiber cement sidings are available in several styles and colors, thereby helping homeowners to save on painting costs.
The fiber cement sidings comprise more benefits than its alternatives, which help in attracting a lot of customers worldwide. Moreover, the growing market helps in attracting third-party suppliers for delivering products to customers, which is creating opportunities to the builders, contractors, and homeowners in terms of revenue generation and business expansion.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Thus, the APAC fiber cement siding market is expected to grow at a good CAGR during the forecast period.
APAC Fiber Cement Siding Market Revenue and Forecast to 2028 (US$ Million)
APAC Fiber Cement Siding Market Segmentation
APAC Fiber Cement Siding Market - by Material
Portland Cement Silica Cellulosic Fiber Others APAC Fiber Cement Siding Market - by Type
Clapboard Shingles Stone or Stucco APAC Fiber Cement Siding Market - by End User
Residential Commercial APAC Fiber Cement Siding Market - by Country
France Germany Italy UK Russia Rest of APACAPAC Fiber Cement Siding Market - Companies Mentioned
CSR Limited ETEX Group James Hardie Industries Plc NICHIHA Co., Ltd SHERA Public Company Limited Toray Industries, Inc.
Reasons to Buy
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Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the fiber cement siding market, as well as those hindering it
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