Call 888-776-0942 from 8 a.m. to 10 p.m. Eastern Time
Dublin, March 26, 2021/PRNewswire/-"The Indian fiber cement board and board market, by raw material (asbestos and non-asbestos), by end use (residential and non-residential), by application (siding, roofing, Cladding, molding and trimming and others), by company and by region, forecasts and opportunities, the FY2016 to FY2027 report has been added to ResearchAndMarkets.com's products.
It is estimated that by the 2026 fiscal year, the Indian fiber cement board and board market will reach 760 million US dollars, with a compound annual growth rate of more than 3%. This is due to the continuous development of India’s emerging economy and the growing trend of fiber cement due to its strong adaptability. , So it is better than its alternatives.
Due to the widespread use of fiber cement in residential and non-residential applications, it is expected that by fiscal year 2026, the roofing sector will occupy the largest market share. Fiber cement boards and slabs are in great demand in urban and rural cities. Due to high currency development and the government's expansion of investment in infrastructure development, fiber cement is expected to lead the market from 2021 to 2026. Due to its weather resistance, fiber-reinforced concrete panels have been used for more than eighty years. Due to the growth of industrial applications, the views of the Indian roofing industry have changed. This has stimulated a higher interest in various types of panels (household, commercial and industrial).
In rural buildings, corrugated roof panels have repeated folds on their surface because this unique shape provides lasting practicality and strength. Their corrugated design with ridges and grooves makes the asbestos board stronger, and their wavy structure increases the strength to cover small surface areas. The Indian fiber cement board and board market is segmented according to material, application, end use, region and company. According to the end use, the market can be subdivided into molding and decoration, siding, roofing, etc. Among them, the roof sector is expected to dominate the market in terms of revenue generated, which can be attributed to the continuous increase in government investment in buildings and infrastructure. In addition, designer fiber cement boards and panels have a huge application in home decoration and are widely used in cities. It is expected that the next few years will further promote the growth of this market segment. Major players operating in the Indian fiber cement board and board market include Hyderabad Industries Limited (HIL), Visa Industries Limited (VIL), Mount Everest Industries Limited, Ramco Industries, Sahyadri Industries Utkal Asbestos, UP ASBESTOS LTD. (UPAL), NCL Industries, Mahaphant Fiber Cement Pvt. Ltd., Infrastructure Pvt. Ltd. Limited company etc.
Years considered in this report:
Key topics covered: 1. Product overview 2. Research methodology 3. Executive summary 4. Impact of COVID-19 on the Indian fiber cement board and board market 5. Voice of customers 6. India fiber cement board and board market outlook 6.1. Market Scale and forecast 6.1.1. By value 6.2. Market share and forecast 6.2.1. According to raw materials (asbestos and non-asbestos) 6.2.2. By application (wall panels, roofs, cladding, forming and trimming and others) 6.2.3. According to end use (residential and non-residential) 6.2.4. 6.2.5 by the company. By region (North, West, South, East) 6.3. Market attractiveness index 7. North India Fiber Cement Board and Board Market Outlook 7.1. Market size and forecast 7.1.1. By value 7.2. Market share and forecast 7.2.1. According to raw materials (asbestos and non-asbestos) 7.2.2. By application (wall panels, roofs, cladding, forming and trimming and others) 7.2.3. By end use (residential and non-residential) 8. West India fiber cement board and board market outlook 9. South India fiber cement board and board market outlook 10. East India fiber cement board and board market outlook 11. Pricing analysis 12. Value chain Analysis 13. Market dynamics 13.1. Drivers 13.2. Challenge 14. Market trends and developments 15. Policy and regulatory landscape 16. Indian economic profile 17. Competitive landscape 17.1. Competition outlook 17.2. Company Profile 17.2.1. Hyderabad Industries Limited (HIL). 17.2.2. Visaka Industries Limited (VIL) 17.2.3. Everest Industrial Co., Ltd. 17.2.4. Ramco Industries 17.2.5. Sahyadri Industry 17.2.6. Utkar Asbestos 17.2.7. UP Asbestos Co., Ltd. (UPAL). 17.2.8. NCL Industry. 17.2.9. Mahaphant Fiber Cement Pvt. Co., Ltd. 17.2.10. Infrastructure Pvt. Ltd. 18. Strategic recommendations For more information on this report, please visit https://www.researchandmarkets.com/r/enkx2l
Research and Marketing Laura Wood, Senior Manager [email protected] US Eastern Time Office Hours call +1-917-300-0470 US/Canada toll-free number +1-800-526-8630 GMT Office Hours call +353-1- 416-8900 US Fax: 646-607-1907 Fax (Outside the US): +353-1-481-1716
More news releases on similar topics
Cision Distribution 888-776-0942 8 a.m. to 9 p.m. Eastern Time