Fiber Cement Rainscreen Panels Market Professional Survey and In-depth Analysis Research Report Forecast till 2030

 Market Synopsis: Fiber Cement Rainscreen Panels Market

The fiber cement rain-screen panels market was valued at USD 35,250 Million and is expected to witness a 6.5% CAGR during the forecast period. The base year considered for the study of the market is 2022 and the forecast period for the fiber cement rain-screen panels market is 2019 to 2024.

The fiber cement rainscreen panels market is anticipated to witness sustainable growth on the back drop of the growing popularity of fiber cement panels mainly for rain-screen cladding systems. They are weatherproof and have the capability of resisting high-pressure winds and rainwater. Fiber cement panels are cost-effective and are commercially available in different colors and sizes, which also improve the aesthetic appeal of the rainscreen cladding buildings. Manufacturers in the construction industry are tapping lucrative opportunities by developing innovative products, which is also one of the key business strategies in this market. However, stringent regulations regarding manufacturing fiber cement rainscreen panels and claddings are expected to be a threat to manufacturers.

Europe is expected to witness a gradual increase in the fiber cement rain-screen panels market during the forecast period: MRFR

On the basis of region, the fiber cement rainscreen panels market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. In 2022, Europe accounted for the largest market share, followed by North America and Asia-Pacific. This can be attributed to the rising demand for private housing, commercial and infrastructure construction growth, and increasing privately funded projects in the region. Moreover, the various benefits of fiber cement panels such as high durability, low maintenance cost, and dimensional stability have further enhanced the demand for the fiber cement rainscreen panels in the region.

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On the basis of type, the ultra-thin panels segment accounted for the largest market share, which is also expected to witness maximum growth rate during the forecast period, due to its features such as cost-effectiveness, high durability and performance. Manufacturers are working on developing innovative products and eco-friendly manufacturing processes by investing in research and development. The conventional panels segment accounted for second largest market share, and is projected to witness steady growth for the next few years.

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Key Players

The prominent players operating in the fiber cement rainscreen panels market are Saint-Gobain SA (France), Etex Group NV (Belgium), American Fiber Cement Corp. (US), Cladding Corp. (US), James Hardie Industries plc (Ireland), Evonik Industries AG (Germany), Cembrit (Ireland), Sanle Group, and Guangdong Soben Green.

On the basis of application, the residential segment accounted for the largest market share in 2018, which is expected to retain its position by 2024. This can be attributed to the growing population in emerging economies, such as China, India, and Brazil, which drives the demand for residential buildings. Hence, the residential segment is anticipated to experience unprecedented growth for fiber cement rainscreen panels in the construction industry.

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This study provides an overview of the fiber cement rainscreen panels market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific and the rest of the world. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the fiber cement rainscreen panels market by type, application, and region.

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By Type

• Ultra-Thin Panels
• Thick Panels
• Super Thick Panels
• Conventional Panels

By Application

• Residential
• Commercial
• Industrial

By Region

• North America
• Asia-Pacific
• Europe
• Rest of the World

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Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

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