Europe Fiber Cement Market By Application (Siding, Trim, Panel, Roofing, Flooring, Blacker Board, Piping and Others); By End Use (Residential and Commercial Sectors) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030.
Fiber cement is a composite construction material of Portland cement, silica, wood fibers and water used in both the residential and industrial sectors. Fiber cement products possess superior properties such as high resilience, water resistance, stability, strength and thermal insulation. Professional producers, homeowners and contractors tend to cement items. These products also have low maintenance costs, and are primarily used in siding, roofing, trimming and other areas.
Europe Fiber Cement Market size was registered at USD XX billion in 2019, and is estimated to reach USD XX billion by 2030, registering a CAGR of XX% from 2020 to 2030. The prohibition on the use of industrial chemicals also fuels the adoption of fiber cement products which has increased demand for fiber cement siding, planks, boards and other products.
Europe Fiber Cement Market: Segments
Europe Fiber Cement Market is segmented on the basis of application, end use and region.
By application (in %), Europe Fiber Cement Market, 2019
The siding segment is anticipated to register XX% of the market share during the forecasted period.
By application, it is categorized into siding, trim, panel, roofing, flooring, blacker board, piping and others.
The siding segment is expected to hold the largest CAGR in the forecasted period. Due to its durability, termites and water resistance, fire retardant properties, and low maintenance, homeowners prefer the fiber cement siding over vinyl siding. Growth of customer interest in fiber cement boards, sheets, slates, and other goods has created lucrative opportunities for manufacturers of fiber cement to sell different products in darker tones and natural hues.
Europe Fiber Cement Market Dynamics:
Increased awareness and government regulations to drive the market demand
The development of the European fiber cement industry is driven by the restoration of old buildings in countries like Italy, Rome and Spain. The prohibition on the use of industrial chemicals also fuels the adoption of fiber cement products which has increased demand for fiber cement siding, planks, boards and other products.
Growing dependency in inorganic cultivation techniques and lower nutrient content to hamper the market growth
Dearth of skilled labor is expected to hamper demand growth in developing countries.
Europe Fiber Cement Market: Regions
In terms of value and volume, Europe accounted for XX% of total market volume share in 2019
Europe is also emerging as a profitable market for global fiber cement stakeholders, as the construction sector is taking shape across its leading economies-just like Germany. The Federal Statistics Office recently announced that it has issued permits for more than 72,000 new residential buildings and almost 12,500 existing ones. Over the coming years, this is expected to strengthen public-private collaborations over Germany’s construction sector and potentially open doors to new lucrative opportunities for leading players in the European fiber cement industry.
Europe Fiber Cement Market: Competitive landscape
Some factors that improve the role in the market of the key players within the Fiber Cement Market have been the diversified applications, increased awareness, the introduction of stringent regulations by the government and increased demand.
· Europe Fiber Cement Market: Key players
• Evonik Industries AG
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• GIP GmbH
• Mastertec GmbH & Co.KG
• Briarwood Products Ltd
• Rilco UK
• Vivalda Limited
• Bricq SAS
• Compagnie De Saint Gobain SA
• Amiantec 3000, S.L.
• Other prominent players
· Europe Fiber Cement Market report also contains analysis on:
• Europe Fiber Cement Market segments: –
• By application:
o Backer Board
• By end user:
o Residential Sector
o Commercial Sector
• Europe Fiber Cement Market dynamics
• Europe Fiber Cement Market size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints