Fiber Cement Market Size, Share, Demand, Growth & Trends by 2032
The global fiber cement market is expected to reach a value of US$ 26,970.3 Mn in 2032, with the market growing at an average CAGR of 4.7% during the forecast period of 2022 to 2032. In 2022, the fiber cement market is likely to reach an estimated US$ 17,038 Mn; pushed to grow by the escalating need to control carbon emissions from the construction and building sector. Owing to its distinctive physical characteristics like durability and high strength, fiber cement is one of the most popular and essential composite materials. It is used in the manufacture of facade and roofing goods. A vital part of building and construction materials industry, fiber cement gains large-scale usage in both interior and exterior applications like siding, cladding, and roofing, molding and trimming. The material contains all the necessary physical and chemical qualities to endure the negative impact of weather, temperature, and humidity. In addition to this, fiber cement has superior performance