Europe 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 Europe is expected to grow from US$ 852.67 million in 2021 to US$ 1,336.92 million by 2028; it is estimated to grow at a CAGR of 6.6% from 2021 to 2028.
According to the International Energy Agency (IEA) Report of 2020, the building or housing sectors are getting extra benefits from increased government investment, as buildings have been the primary target for energy efficiency stimulus spending announcements till date. Further, in a few regions, the scale of this investment could be large enough to significantly boost technical efficiency. The measures supported by the federal government consist of several programs to modernize existing buildings with better insulation and efficient heating systems. Therefore, with the rising focus on energy-efficient buildings, the use of fiber cement sidings will continue to increase in the region, which is anticipated to create future opportunities for the fiber cement siding market players.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Thus, the Europe fiber cement siding market is expected to grow at a good CAGR during the forecast period.
Europe Fiber Cement Siding Market Revenue and Forecast to 2028 (US$ Million)
Europe Fiber Cement Siding Market Segmentation
Europe Fiber Cement Siding Market - by Material
Portland Cement Silica Cellulosic Fiber Others Europe Fiber Cement Siding Market - by Type
Clapboard Shingles Stone or Stucco Europe Fiber Cement Siding Market - by End User
Residential Commercial Europe Fiber Cement Siding Market - by Country
France Germany Italy UK Russia Rest of Europe Europe Fiber Cement Siding Market - Companies Mentioned
Cembrit Holding A/S ETEX Group James Hardie Industries Plc SHERA Public Company Limited Toray Industries, Inc.
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