Fiber Cement Market Share, Growing Demand, and Top Key Players
Fiber cement, also known as fiber reinforced cement (FRC), is a composite building and construction material. It is primarily used in facade and roofing products as a result of its durability and strength.
It is made from materials such as Portland cement, wood pulp, silica, cellulosic fiber, fly ash, and water. Although, depending on the manufacturer, the composition will differ.
The material offers exceptional overall value and is durable and less costly than synthetic stucco, brick, and other wood siding options. But, it is more expensive than vinyl and less or equally expensive than composite siding or hardboard.
Due to all such advantages, the growing fiber cement industry is likely to generate USD 27,743.8 million in revenue by the end of this decade.
Get More Insights: Fiber Cement Market Revenue Estimation and Growth Forecast Report
Fiber Cement Is Easily Installable
Fiber cement is quick and simple to apply, because of their low weight, which makes it easy to transport and handle. Moreover, this material is perfect for both professionals and DIYers as it does not require any special equipment to apply.
Due to the growing adoption of fiber cement in residential applications, increasing infrastructure expenditure, rising construction activities, and its superior characteristics, such as fire resistance, water resistance, high stability, affordability, and durability, the demand for fiber cement will continue to rise.
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