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  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 al...

  Market Highlights The global fiber cement rainscreen panels market is anticipated to witness sustainable growth on the back drop of growing popularity of fiber cement panels mainly for rainscreen 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. In 2018, the global fiber cement rainscreen panels market was valued at USD 35,250 million; it is anticipated to witness 6.5% CAGR during the forecast period. Key Players The promine...