Global Fiber Cement Market: Key Highlights
Global Fiber Cement Market: Key Market Dynamics
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Global Fiber Cement Market: Regional Overview
The Asia-Pacific is expected to dominate the global ethylene carbonate market in terms of both volume and value. Moreover, this region is expected to grow at the highest CAGR during the forecasted period. This growth can be attributed to rapid urbanization and increasing residential construction in the region. China, India, Japan, Indonesia, and Australia are the major countries contributing to the growth of the fiber cement market in Asia-Pacific. In addition, stricter norms regarding the use of asbestos cement in the construction of residential and commercial buildings have made it mandatory for builders and related authorities to look for alternatives such as fiber cement. This, in turn, boosts the demand for fiber cement in the Asia-Pacific market
Global Fiber Cement Market: Key Players Overview
James Hardie Industries PLC. is a Australia-based company one of the global leader in manufacturing fibre cement siding and backerboard. The Company’s product used in new residential construction (single and multi-family housing), manufactured housing, repair and remodeling and a variety of commercial and industrial applications. James Hardie Industries PLC. manufacture various types of fiber cement products with a variety of patterned profiles and surface finishes for a range of applications, including external siding and trim and soffit lining, internal linings, facades and floor and tile underlay. The company has a presence in USA, Canada, Australia, New Zealand, the Philippines and Europe. In December 2017, James Hardie Industries PLC. has acquired XI (DL) Holdings GmbH (Germany) and its subsidiaries, manufactures and distributer of gypsum fiber and cement-bonded boards.
Evonik Industries AG is Germen-based company engaged in the manufacturing the speciality chemicals. The company operates through four business segments namely The nutrition and care, resource efficiency, performance materials, and service. Performance Materials segment produces polymer materials and their intermediates, mainly for the rubber, plastics and agriculture sectors. The company has a global reach with its services in around 100 countries.
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