The Cement Board Global Market Report 2023, provides comprehensive information on the cement board market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global cement board market size is expected to grow from $7.31 billion in 2022 to $7.73 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cement board market size is expected to reach $9.50 billion in 2027 at a CAGR of 5.3%.
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Product innovations are the key trends gaining popularity in the cement board market. Companies operating in the cement board market are adopting innovative technologies to sustain their position in the market. For instance, in January 2020, National Gypsum Company, a US-based producer of drywall gypsum boards, launched PermaBASE® WP Waterproof Cement Board..PermaBASE WP is meant to be used in moist areas around tubs and showers. By using this solution and treating fastener heads and joints, extra waterproofing coating is not required. The main features include EdgeTech® reinforced edge, moisture and mold resistance, and more.
The cement board market is segmented:
1) By Product Type: Fiber Cement Board (FCB), Wood Wool Cement Board (WWCB), Wood Strand Cement Board (WSCB), Cement Bonded Particle Board (CBPB)
2) By Application: Flooring, Exterior and Partition Walls, Roofing, Columns and Beams, Facades, Weatherboard, and Cladding, Acoustic and Thermal Insulation, Other Applications
3) By End User: Residential, Commercial, Industrial And Institutional
Top Major Players:
BetonWood SRL
Cembrit Holding AS
Everest Industries Limited
Etex Group
Elementia Materiales SAB de CV
Asia-Pacific was the largest region in the cement board market in 2022.
The table of contents in TBRC’s cement board market report includes:
1. Executive Summary
2. Cement Board Market Characteristics
3. Cement Board Market Trends And Strategies
4. Cement Board Market – Macro Economic Scenario
5. Cement Board Market Size And Growth
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26. Africa Cement Board Market
27. Cement Board Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cement Board Market
29. Cement Board Market Future Outlook and Potential Analysis
30. Appendix
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