India fiber cement boards and sheets market is anticipated to grow through 2025, owing to increasing construction activities across the country. Fiber cement boards and sheets are composite building and construction materials, mainly used in roofing and facade products due to their strength and durability. Moreover, stringent regulations against the use of asbestos in construction due to the health risks associated with its use is further driving the demand for fiber cement boards and sheets market across India. Furthermore, increasing demand for energy efficient buildings is also bolstering the market growth. However, the threat from substitutes like vinyl and wood siding is expected to hinder the growth of the fiber cement boards and sheets market in India.
In terms of raw material, India fiber cement boards and sheets market is categorized into portland cement, silica, cellulosic fiber and others. Among these types, portland cement category is predicted to account for a significant portion of the market throughout the forecast period on account of its ease of availability, low cost and wide use for making concrete and mortar.
In terms of application, India fiber cement boards and sheets market is categorized into siding, roofing, cladding, molding & trimming and others. Of all, the roofing category is expected to account for a significant portion of the Indian market in the coming years. The growth of the roofing category is majorly attributable to the widespread use of fiber cement boards and sheets for roofing in residential as well as non-residential applications.
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India fiber cement boards and sheets market is highly competitive due to the dominance of regional players. The key players in the market are HIL Limited, Everest Industries Ltd. and Visaka Industries Limited. These three companies account for a significant portion of India fiber cement boards and sheets market. Some of the other industry players in the fiber cement boards and sheets market in India are Sahyadri Industries Limited, Ramco Industries Limited, among others.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyze and forecast the market size of India fiber cement boards and sheets market
- To forecast India fiber cement boards and sheets market based on by raw material, end use, application and regional distribution
- To identify drivers and challenges for India fiber cement boards and sheets market
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in India fiber cement boards and sheets market
- To conduct the pricing analysis for India fiber cement boards and sheets market
- To identify and analyze the profile of leading players operating in the India fiber cement boards and sheets market
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major manufacturers across the country.
TechSci Research calculated the market size of India fiber cement boards and sheets market using a top down approach, where data for various application across various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Fiber cement boards and sheets manufacturers, suppliers, dealers and other stakeholders
- Major raw material suppliers
- Organizations, forums and alliances related to fiber cement market in India
- Market research and consulting firms
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The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India fiber cement boards and sheets market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Raw Material
- Portland Cement
- Silica
- Cellulosic Fiber
- Others
- Market, By End Use
- Residential
- Non-Residential
- Market, By Application
- Siding
- Roofing
- Cladding
- Molding & Trimming
- Others
- Market, By Region
- North
- West
- South
- East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India fiber cement boards and sheets market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
Contact
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