The impact of COVID-19 on the fiber cement industry, 2020-2025

2021-11-24 03:11:00 By : Ms. Chris Lu

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Dublin, August 21, 2020/PRNewswire/-"By material (Portland cement, application (wall panels, molding and decoration, back panel, floor, roof, wall partition), end use (residential, non-residential )" "Fiber Cement Market") and Regions-Global Forecast to 2025" report has been added to ResearchAndMarkets.com's products.

The global fiber cement market was valued at US$16.8 billion in 2019 and is expected to reach US$20.3 billion by 2025. The main players in the fiber cement market are Etex Group NV (Belgium), James Hardie Industries PLC (Ireland), Evonik Industries AG (Germany), Toray Industries Inc (Japan), CSR Limited (Australia), Nichiha Corporation (Japan) and Cembrit Holding A/S (Denmark), etc.

It is expected that from 2020 to 2025, the increase in demand for non-residential construction activities will drive the overall growth of the global fiber cement market. The rapid growth of the global fiber cement industry is mainly due to the increasing demand for energy-efficient buildings all over the world. Increased government regulation on the use of asbestos is another key factor leading to the continuous growth of the fiber cement market in the next few years. In terms of these two quantities, by 2025, the cellulosic material (fiber) market segment will lead the fiber cement market. During the forecast period, the cellulosic material (fiber) market segment will dominate the fiber cement market. Cellulose fibers are added to fiber cement to make it more durable and increase its structural integrity. This is the most critical material for fiber cement because it can prevent the cement from cracking after use. The addition of fiber to cement also makes cement nearly 40 times lighter than ordinary cement. In addition, the fiber content also makes cement more difficult to penetrate water. In terms of value and quantity, forming and trimming are expected to be the fastest growing part of fiber cement from 2020 to 2025. Molding and decoration involves creating aesthetic vertical accents between fiber cement boards. Trimming is a general term used to describe materials used around openings (such as windows or doors), at corners and ceilings, or at the intersection of floors. Decoration can also be applied to wall surfaces, such as chair railings or wall panels. Molding is a decoration characterized by its enhanced profile. Generally, the molding is more decorative and detailed. Traditionally, they are made of wood, plastic, metal, and engineered wood; however, in recent years, new applications of fiber cement in molding and finishing have been on the rise. It is expected that from 2020 to 2025, the non-residential part will become the fastest growing end-use in the fiber cement market. The non-residential segment is expected to become the fastest growing segment of the fiber cement market. This is mainly due to the preferential and loose loan policies launched by governments around the world, which has promoted the growth of non-residential construction projects. Housing construction spending is expected to increase, especially in emerging regions, including the Asia-Pacific region and Latin America. The rapid urbanization process in these areas has resulted in higher growth rates in the residential sector than in developed areas. In terms of value and volume, the Asia-Pacific fiber cement market is expected to grow at the highest compound annual growth rate during the forecast period. In terms of value and quantity, due to strong demand from countries such as China, India, and Japan, the Asia-Pacific region is expected to grow at the highest compound annual growth rate from 2020 to 2025. Factors including increased demand for fiber cement products and increased government regulations on the use of asbestos are expected to drive the fiber cement market in the Asia-Pacific region. In addition, due to demographic changes, the evolution of global economic power, and the urbanization of fast-growing economies (such as China, India, Singapore, Malaysia, and other countries), non-residential construction activities are expected to accelerate in the next decade. Asia-Pacific. This in turn will promote the growth of the fiber cement market by 2025.

1 Introduction 2 Research Methods 3 Executive Summary 4 Premium Insights 4.1 Asia Pacific has the largest share of the fiber cement market 4.2 Fiber cement market, by application and country 4.3 Fiber cement market, by country 5 Market overview 5.1 Introduction 5.2 Market dynamics 5.2.1 Drive Factor 5.2.1.1 Increased government regulation on the use of asbestos 5.2.1.2 Increasing demand for fiber cement substitutes 5.2.1.3 Increasing demand for energy-efficient buildings 5.2.2 Limitations 5.2.2.1 High installation costs of fiber cement products 5.2.3 Opportunities. 3.1 Increasing urbanization and population in emerging economies 5.2.3.2 Increased construction activities and infrastructure development 5.2.4 Challenges 5.2.4.1 Fluctuation of raw material prices 6 COVID-19's impact on the fiber cement market 7 Industry trends 7.1 Introduction 7.2 Porter’s Five Forces Analysis 7.2.1 Threat of new entrants 7.2.2 Threat of substitutes 7.2.3 Bargaining power of suppliers 7.2.4 Bargaining power of buyers 7.2.5 Intensity of competition 7.3 The society and environment related to fiber cement Risk 7.3.1 Social risk 7.3.2 Environmental risk 8 Fiber cement market, introduced by material 8.1 8.1.1 Fiber cement market, by material 8.2 Portland cement 8.3 Sand 8.4 Cellulosic material (fiber) 8.5 Other 9 Fiber cement market, Introduce the 9.1.1 fiber cement market by application 9.1, shape and trim by application 9.2 9.3 siding 9.4 roof 9.5 wall board 9.6 floor 9.7 backing board 9.8 fiber cement market, 10.1 introduction of fiber cement market by other market end use 10.1.1 fiber cement market, press End-use 10.2 Residential 10.3 Non-residential 10.3.1 Industrial 10.3.2 Commercial 10.3.3 Agriculture 11 Fibre cement market, introduced by region 11.1 11.2 Asia Pacific 11.3 Europe 11.3 11.5 Middle East and Africa 11.6 South America 12 Competition landscape 12.1 Overview 12.2 Competition scenario 12.2.1 Mergers and Acquisitions 12.2.2 Expansion and Investment 12.3 Market Share Analysis 13 C Competitiveness Evaluation Matrix 13.1 Overview 13.1.1 Stars 13.1.2 Emerging Leaders 13.1.3 Prevalent 13.1.4 Emerging Companies 13.1.5 Product Portfolio Strength 13.1.6 Excellence Business Strategy 14 Company Profile 14.1 James Hardie Industries PLC 14 Business Overview. 2 Financial Evaluation 14.1.3 Operational Evaluation 14.1.4 Products Provided 14.1.5 SWOT Analysis 14.1.6 Recent Development 14.1.7 Winning Top Priorities 14.1.8 Current Focus and Strategy 14.1.9 From competition Threat 14.1.10 Winning E12TEX rights group 14.3 Evonik Industries 14.4 Toray Industries 14.5 CSR Limited 14.6 Nichiha Corporation 14.7 Cembrit Group A/S 14.8 The Siam Cement Public Company Limited 14.9 Plycem Corporation 14.10 Beijing Hocreboard Building Materials Co. Ltd 14.14.11 Other players 14.11 .2 Zhejiang Hailong New Building Materials Co., Ltd. 14.11.3 Ruisui 14.11.4 Temptation 14.11.5 LATO, OJSC 14.11.6 Everest 14.11.7 Xilai Co., Ltd. ed 14.11.8 CoverworldUK 14.11.9 TepeBetopan AS 14.11.10 Ka Wah Special Cement Co., Ltd.

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