Report : North America 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)
Portland Cement Segment to Dominate North America Fiber Cement Siding Market during 2020–2028
According to a new market research study on “North America Fiber Cement Siding Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material, Type, and End User” is expected to reach US$ 2,648.60 million by 2028 from 1,809.75 US$ million in 2021. The market is estimated to grow at a CAGR of 5.6% from 2021 to 2028. The report provides trends prevailing in the North America fiber cement siding market along with the drivers and restraints pertaining to the market growth. Surge in the residential and commercial construction activities is the major factor driving the growth of the North America fiber cement siding market. However, various health issues associated with installation of fiber cement siding hinders the growth of North America fiber cement siding market.
North America fiber cement siding market is segmented into material, type, end user and country. Based on material, the North America fiber cement siding market is segmented into portland cement, silica, cellulosic fiber, and others. The portland segment led the North America fiber cement siding market in 2021. Based on type, the North America fiber cement siding market is segmented into clapboard, shingles, and stone or stucco. Clapboard segment held the largest market share of North America fiber cement siding market in 2021. Based on end user, the North America fiber cement siding market is segmented into residential and commercial. Residential segment led the North America fiber cement siding market in 2021. Based on country, the North America fiber cement siding market is segmented into US, Canada, and Mexico. US held the largest market share in 2021.
Allure; ETEX Group; GAF; James Hardie Industries Plc; Nichiha Co., Ltd.; and Toray Industries, Inc. are among the leading companies in the North America fiber cement siding market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, ETEX GROUP's 3 EQUITONE projects i.e., Watershed in Seattle, USA; 18 Robinson in Singapore; and Tiny Victories in Texas, USA were nominated for the Architizer A+Awards.
Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@businessmarketinsights.com