South & Central America Cement Board Market

The South & Central America cement board market is expected to grow from US$ 1,921.33 million in 2022 to US$ 2,675.08 million by 2028. It is estimated to grow at a CAGR of 5.7% from 2022 to 2028.

Upsurge in Demand for Energy-Efficient Buildings Fuels South & Central America Cement Board Market

According to the Energy Sector Management Assistance Program, nearly one-third of energy is consumed in residential, public, and commercial buildings for space cooling, heating, ventilating, cooking, refrigerating, lighting, water heating, and operating electric and mechanical devices. Modernizing cities in several countries and increasing per capita income propel energy use in buildings. High energy consumption in public, residential, and commercial buildings create a need for energy savings. A layer of cement board is applied to the building to reduce heat transfer through the walls, keeping the interior warmer in winter and cooler in summer, which makes a building energy efficient. According to the ASHRAE Fundamentals Handbook, cement board has an R-value of 0.15, which is better than the value of brick and stone. Many cement board products have a finish that reflects light. This reflection helps the building absorb less heat from the sun and keep the building's interior cooler. It reduces the need for air conditioning, saving energy and lowering energy bills. Fiber cement board is often put on top of a layer of foam insulation, making the building energy efficient. This efficiency can help homeowners reduce their energy consumption and energy bills. With an increasing demand for energy-efficient homes, houses are valued higher when built with sustainable resources. All these factors drive the South & Central America cement board market.

South & Central America Cement Board Market Overview

The South & Central America cement board market is sub-segmented into Brazil, Argentina, and the Rest of South and Central America. The rise in investment in research & development activities and technological innovation related to the cement board is expected to bolster the growth of the market. Brazil is the largest country in South and Central America and has become the leading economy in the region, witnessing profitable growth in the South & Central America cement board market. The Government of Brazil (GoB) has conducted a massive privatization initiative through a pipeline of concession auctions and regulatory reforms to attract financing to assist its infrastructure development industry. This initiative is expected to fuel the Brazilian construction industry and increase construction material demand, including cement board. The rising construction industry and growth in residential and commercial sectors are driving the South & Central America cement board market growth.

 South & Central America Cement Board Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Cement Board Strategic Insights

Strategic insights for the South & Central America Cement Board provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South & Central America Cement Board Report Scope

South & Central America Cement Board Regional Insights

The geographic scope of the South & Central America Cement Board refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

South & Central America Cement Board Market Segmentation

The South & Central America cement board market is segmented into product type, application, end-use, and country.

Based on product type, the South & Central 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 South & Central America cement board market in 2022.

Based on application, the South & Central America cement board market is segmented into roofing, outside siding or façade, and others. The roofing segment held the largest share of the South & Central America cement board market in 2022.

Based on end-use, the South & Central America cement board market is segmented into residential and non-residential. The non-residential segment held the larger share of the South & Central America cement board market in 2022.

Based on country, the South & Central America cement board market is segmented into Brazil, Argentina, and the Rest of South and Central America. The Brazil dominated the share of the South & Central America cement board market in 2022.

Compagnie de Saint Gobain SA, Etex NV, SCG Building Materials Co., Ltd., Soben International Ltd, and Swisspearl Group AG are the leading companies operating in the South & Central America cement board market.