Fiber Cement Board Market Size to Reach USD 38.77 Billion by 2033 Owing to the High Demand for Sustainable Building Materials Globally | SNS Insider

Fiber Cement Board Market Growth is Driven by Rising Construction Activities, Demand for Sustainable Building Materials, and Rapid Urbanization

Austin, Jan. 08, 2026 (GLOBE NEWSWIRE) — According to SNS Insider, The Fiber Cement Board Market size is estimated at USD 15.16 Billion in 2025 and is expected to reach USD 38.77 Billion by 2033, growing at a CAGR of 12.48% during the forecast period 2026–2033. Over the upcoming years, the market is anticipated to increase significantly due to rising construction activity, the demand for sustainable building materials, and growing urbanization.

The U.S. Fiber Cement Board Market is projected to grow from USD 1.32 Billion in 2025E to USD 2.88 Billion by 2033, at a CAGR of 10.22%. The adoption of sustainable, low-maintenance building solutions in major metropolitan areas, growing demand for long-lasting and fire-resistant materials, and an increase in residential and commercial development are the main drivers of growth.

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Rapid Urbanization and Infrastructure Growth is Boosting Market Expansion Globally

Rapid infrastructure development and urbanization are major factors propelling the growth of the fiber cement board market. Demand for long-lasting and environmentally friendly materials is rising as a result of the expansion of residential and commercial construction projects, especially in emerging nations. The market is expanding due to the trend toward low-maintenance alternatives, fire-resistant goods, and sustainable construction solutions. In order to satisfy changing building and architectural standards around the world, manufacturers are taking advantage of this trend by creating creative designs and ecologically friendly formulations.

Major Players Analysis Listed in the Fiber Cement Board Market Report

• James Hardie Industries
• Etex Group
• Cembrit Holding
• Nichiha Corporation
• Everest Industries Ltd.
• Elementia S.A.B. de C.V.
• SCG Building Materials Co., Ltd.
• Visaka Industries Ltd.
• Hong Leong Industries Berhad
• China Conch Venture Holdings Ltd.
• Shera Public Company Ltd.
• KMEW Co., Ltd.
• Soben International (Asia Pacific) Ltd.
• HeaderBoard Building Materials Co., Ltd.
• Sanle Group
• Mahaphant Fiber Cement Co., Ltd.
• Lato JSC
• Swisspearl Group AG
• BirlaNu Limited
• Hume Cemboard Industries

Fiber Cement Board Market Segmentation Analysis

By Type

Medium-Density boards held the largest market share of 42.75% in 2025 due to its balanced strength, versatility, and widespread adoption in both residential and commercial construction projects. High-Density boards are expected to grow at the fastest CAGR of 13.42% during 2026–2033 driven by increasing demand in high-rise buildings and industrial structures requiring superior durability and load-bearing capacity.

By Raw Material

Portland Cement dominated with a 48.60% share in 2025 due to its affordability, high strength, and long-standing adoption in traditional construction practices. Cellulose Fiber is projected to expand at the fastest CAGR of 12.88% during the forecast period driven by sustainability trends and demand for eco-friendly construction materials.

By Application

Siding accounted for the highest market share of 36.25% in 2025 as it offers both aesthetic appeal and long-term durability for residential and commercial facades. Flooring is anticipated to record the fastest CAGR of 14.05% through 2026–2033 supported by rising adoption in modern residential spaces, offices, and commercial complexes seeking sustainable and durable surface solutions.

By End-Use

Residential held the largest share of 51.40% in 2025 due to ongoing housing projects, urbanization, and rising adoption of modern construction materials. Commercial is expected to grow at the fastest CAGR of 13.78% during 2026–2033 driven by infrastructure projects, office complexes, and retail spaces requiring high-performance and sustainable building solutions.

Based on Region, Asia Pacific Dominated the Market in 2025; North America is Expected to be the Fastest-Growing Region in the Market During 2026-2033

The Asia Pacific Fiber Cement Board Market dominated in 2025 with a 45.35% share, driven by rapid urbanization, booming residential and commercial construction, and rising demand for durable, fire-resistant, and eco-friendly building materials in China, India, Japan, and Southeast Asia.

The North America Fiber Cement Board Market is growing with increasing construction activities and demand for durable, low-maintenance, and sustainable building materials. Rising adoption in residential and commercial projects across the U.S. and Canada is driving growth.

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Fiber Cement Board Market Recent Developments

• In April 2025, James Hardie launched the Hardie Designer AI tool, enabling contractors and homeowners to customize exterior siding designs. Developed with Hover, it integrates advanced visualization technology, enhancing design accuracy and supporting the company’s innovation-driven growth strategy.
• On 14 October 2025, Etex, in partnership with Heidelberg Materials Benelux, launched CEMLOOP XL, a fibre-cement recycling project converting construction waste into low-carbon cement. This initiative highlights Etex’s commitment to sustainability and circular economy practices in the construction sector.

Exclusive Sections of the Report (The USPs)

• MANUFACTURING EFFICIENCY METRICS – helps you assess production throughput, material density consistency, and strength parameters, indicating operational efficiency and product reliability across manufacturers.
• PRODUCT PERFORMANCE & DURABILITY METRICS – helps you evaluate fire resistance, thermal conductivity, sound insulation, and expected service life, which directly influence adoption in residential and commercial construction.
• SUPPLY CHAIN & DELIVERY PERFORMANCE – helps you understand lead times, installation speed, inventory turnover, and transportation loss rates, highlighting risks and cost optimization opportunities.
• QUALITY CONSISTENCY & VARIABILITY INDEX – helps you measure batch-to-batch consistency in physical and mechanical properties, reflecting manufacturing control and long-term performance assurance.
• REGULATORY & BUILDING CODE COMPLIANCE – helps you track adherence to regional construction standards, inspection pass rates, and environmental resilience testing outcomes across key markets.
• COMPETITIVE LANDSCAPE INSIGHTS – helps you benchmark leading fiber cement board producers based on production scale, product performance, quality compliance, geographic reach, and recent capacity or product developments.

Fiber Cement Board Market Report Scope

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