North America Cement Board Market Forecast to 2028 - COVID-19 Impact and Regional Analysis- by Product Type (Fiber Cement Board and Cement Bonded Particle Board), Application (Roofing, Outside Siding or Façade, and Others), and End-Use (Residential and Non-Residential)
The North America cement board market is expected to grow from US$ 4,297.69 million in 2022 to US$ 6,735.69 million by 2028. It is estimated to grow at a CAGR of 7.8% from 2022 to 2028.
Rising Adoption of Cement Board in Construction Sector Fuels North America Cement Board Market
Durability is one of the most desirable qualities of cement board. Cement boards, and panels typically outlast vinyl siding and other alternative products in lifespan. Within 10 to 15 years, vinyl siding can show signs of aging, whereas cement board can last up to 30 to 50 years or more. Further, in cement production, carbon dioxide is a byproduct. However, manufacturing vinyl siding containing polyvinyl chloride (PVC) produces more carbon dioxide than cement production. Moreover, vinyl siding off-gases throughout its lifetime as it occupies a space landfill. Hence, cement board siding is a greener alternative to vinyl siding.
Cement board products do not require frequent repainting as it holds paint well. Also, they do not dent unlike steel siding. Cement board products stand stronger in moisture and leaks than gypsum boards. These products possess excellent moisture-absorbing and drying properties, making them resistant to weather changes.
Cement board products are fireproof, insect resistant, and perform well in natural disasters. The products have good sound insulation properties suitable for building good quality and long-lasting homes. Further, cement board products are available in various types such as fiber cement board and cement bonded particle board. They are also available in baked-on, prefinished colors that do not require painting. Owing to the growing awareness about these benefits of cement board products compared to other substitute products, they are increasingly used in flooring, furniture making, and wall cladding, which drives the North America cement board market growth.
North America Cement Board Market Overview
The US, Canada, and Mexico are the key economies in North America. Factors such as the cost-effectiveness and durability of cement board and increased construction activity in the region positively impact the North America cement board market. The widespread usage of cement boards in residential and commercial building construction is expected to fuel North America cement board market expansion in North America.
Many domestic and international corporations have a substantial presence in North America. Dow Inc, Saint Gobain S.A, and others are among the key players in the North America cement board industry. Manufacturers in the area are investing heavily in cement board research and product development, which is projected to increase the market for cement board boards during the forecast period.
North America Cement Board Market Revenue and Forecast to 2028 (US$ Million)
The North America cement board market is segmented into product type, application, end-use, and country.
Based on product type, the North America cement board market is segmented into fiber cement board and cement bonded particle board. The fiber cement board segment held the largest share of the North America cement board market in 2022.
Based on application, the North America cement board market is segmented into roofing, outside siding or façade, and others. The outside siding or façade segment held the largest share of the North America cement board market in 2022.
Based on end-use, the North America cement board market is segmented into residential and non-residential. The residential segment held the larger share of the North America cement board market in 2022.
Based on country, the North America cement board market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America cement board market in 2022.
Compagnie de Saint Gobain SA; Etex NV; James Hardie Industries plc; Nichiha Corp; Plycem USA LLC; SCG Building Materials Co., Ltd.; Soben International Ltd; Swisspearl Group AG; and Visaka Industries Ltd. are the leading companies operating in the North America cement board market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Cement Board Market, by Product Type
1.3.2 North America Cement Board Market, by Application
1.3.3 North America Cement Board Market, by End-Use
1.3.4 North America Cement Board Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America Cement Board Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Raw Material:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End-Use Industries
4.4 Expert Opinion
5. North America Cement Board Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Cement Board in Construction Sector
5.1.2 Upsurge in Demand for Energy-Efficient Buildings
5.2 Market Restraints
5.2.1 High Cost of Installation
5.3 Market Opportunities
5.3.1 Rising Urbanization
5.4 Future Trends
5.4.1 Increasing Adoption of Eco-Friendly Construction Materials
5.5 Impact Analysis
6. Cement Board – North America Market Analysis
6.1 North America Cement Board Market Overview
6.2 North America Cement Board Market –Volume and Forecast to 2028 (Million Square Meters)
6.3 North America Cement Board Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Cement Board Market Analysis – By Product Type
7.1 Overview
7.2 North America Cement Board Market, By Product Type (2021 and 2028)
7.3 Fiber Cement Board
7.3.1 Overview
7.3.2 Fiber Cement Board: North America Cement Board Market – Volume and Forecast to 2028 (Million Square Meters)
7.3.3 Fiber Cement Board: North America Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Cement Bonded Particle Board
7.4.1 Overview
7.4.2 Cement Bonded Particle Board: North America Cement Board Market – Volume and Forecast to 2028 (Million Square Meters)
7.4.3 Cement Bonded Particle Board: North America Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Cement Board Market Analysis – By Application
8.1 Overview
8.2 North America Cement Board Market, By Application (2021 and 2028)
8.3 Roofing
8.3.1 Overview
8.3.2 Roofing: North America Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Outside Siding or Façade
8.4.1 Overview
8.4.2 Outside Siding or Façade: North America Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: North America Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Cement Board Market Analysis – By End-Use
9.1 Overview
9.2 North America Cement Board Market, By End-Use (2021 and 2028)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: North America Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Non-Residential
9.4.1 Overview
9.4.2 Non-Residential: North America Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Cement Board Market – Country Analysis
10.1 Overview
10.1.1 North America Cement Board Market, by Key Country
10.1.1.1 US: North America Cement Board Market –Volume and Forecast to 2028 (Million Square Meters)
10.1.1.2 US: North America Cement Board Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 US: North America Cement Board Market, by Product Type
10.1.1.2.2 US: North America Cement Board Market, by Product Type
10.1.1.2.3 US: North America Cement Board Market, by Application
10.1.1.2.4 US: North America Cement Board Market, by End-Use
10.1.1.3 Canada: North America Cement Board Market–Volume and Forecast to 2028 (Million Square Meters)
10.1.1.4 Canada: North America Cement Board Market–Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Canada: North America Cement Board Market, by Product Type
10.1.1.4.2 Canada: North America Cement Board Market, by Product Type
10.1.1.4.3 Canada: North America Cement Board Market, by Application
10.1.1.4.4 Canada: North America Cement Board Market, by End-Use
10.1.1.5 Mexico: North America Cement Board Market–Volume and Forecast to 2028 (Million Square Meters)
10.1.1.6 Mexico: North America Cement Board Market–Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Mexico: North America Cement Board Market, by Product Type
10.1.1.6.2 Mexico: North America Cement Board Market, by Product Type
10.1.1.6.3 Mexico: North America Cement Board Market, by Application
10.1.1.6.4 Mexico: North America Cement Board Market, by End-Use
11. Industry Landscape
11.1 Overview
11.2 New Product Development
11.3 Partnership and Expansion
11.4 Merger and Acquisition
12. Company Profiles
12.1 James Hardie Industries plc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Plycem USA LLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Swisspearl Group AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Visaka Industries Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Nichiha Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Soben International Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 SCG Building Materials Co., Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Etex NV
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Compagnie de Saint Gobain SA
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Cement Board Market –Volume and Forecast to 2028 (Million Square Meters)
Table 2. North America Cement Board Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: North America Cement Board Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: North America Cement Board Market, by Product Type – Volume and Forecast to 2028 (Million Square Meters)
Table 5. US: North America Cement Board Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. US: North America Cement Board Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: North America Cement Board Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: North America Cement Board Market, by Product Type – Volume and Forecast to 2028 (Million Square Meters)
Table 9. Canada North America Cement Board Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada North America Cement Board Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: North America Cement Board Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: North America Cement Board Market, by Product Type – Volume and Forecast to 2028 (Million Square Meters)
Table 13. Mexico: North America Cement Board Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: North America Cement Board Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 15. Glossary of Terms, North America Cement Board Market
LIST OF FIGURES
Figure 1. North America Cement Board Market Segmentation
Figure 2. North America Cement Board Market Segmentation – By Country
Figure 3. North America Cement Board Market Overview
Figure 4. North America Cement Board Market, By Product Type
Figure 5. North America Cement Board Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. North America Cement Board Market Ecosystem
Figure 8. Expert Opinion
Figure 9. North America Cement Board Market Impact Analysis of Drivers and Restraints
Figure 10. North America Cement Board Market –Volume and Forecast to 2028 (Million Square Meters)
Figure 11. North America Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Cement Board Market Revenue Share, By Product Type (2021 and 2028)
Figure 13. Fiber Cement Board: North America Cement Board Market – Volume and Forecast To 2028 (Million Square Meters)
Figure 14. Fiber Cement Board: North America Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Cement Bonded Particle Board: North America Cement Board Market – Volume and Forecast To 2028 (Million Square Meters)
Figure 16. Cement Bonded Particle Board: North America Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. North America Cement Board Market Revenue Share, By Application (2021 and 2028)
Figure 18. Roofing: North America Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Outside Siding or Façade: North America Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Others: North America Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. North America Cement Board Market Revenue Share, By End-Use (2021 and 2028)
Figure 22. Residential: North America Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Non-Residential: North America Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. North America Cement Board Market, by Key Country– Revenue (2022) (US$ Mn)
Figure 25. North America Cement Board Market Revenue Share, by Key Country (2021 and 2028)
Figure 26. US: North America Cement Board Market –Volume and Forecast to 2028 (Million Square Meters)
Figure 27. US: North America Cement Board Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada: North America Cement Board Market–Volume and Forecast to 2028 (Million Square Meters)
Figure 29. Canada: North America Cement Board Market–Revenue and Forecast to 2028 (US$ Million)
Figure 30. Mexico: North America Cement Board Market–Volume and Forecast to 2028 (Million Square Meters)
Figure 31. Mexico: North America Cement Board Market–Revenue and Forecast to 2028 (US$ Million)
- Compagnie de Saint Gobain SA
- Etex NV
- James Hardie Industries plc
- Nichiha Corp
- Plycem USA LLC
- SCG Building Materials Co., Ltd.
- Soben International Ltd
- Swisspearl Group AG
- Visaka Industries Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America cement board market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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