Global Cement Board Market: Forecast To 2023

BetonWood SRL, Cembrit Holding AS, Everest Industries Limited, Etex Group, Elementia Materiales SAB de CV, HIL Limited, GAF Materials Corporation, James Hardie Industries PLC are big names in the cement board market.

Reportlinker.com just put out the "Cement board Global Market Report 2023". The report lists well-known companies like Johns Manville, Nichiha Corporation, and Saint-Gobain, among others.

Cement board market will grow from $7.31B to $7.73B in 2023 with a CAGR of 5.8%. Russia-Ukraine war disrupted global economic recovery from COVID-19 pandemic. Economic sanctions on multiple countries, commodity prices surge, and supply chain disruptions caused inflation. This affected many markets across the globe. The cement board market will reach $9.50B in 2027 with a CAGR of 5.3%.

The cement board market has two types: cement SIP and ceramic cement boards. The values in this market are called 'factory gate' values. These are the values set by the manufacturers of the goods. It can be sold to other entities like wholesalers, distributors, retailers, or directly to end customers.

Goods in this market also come with accompanying services from its creators.

Cement board or back board is a concrete layer with fiberglass mesh on each side. It dries to become porous and is ideal to stick grout and mortar.

Cement boards resist heat and fire. They make walls stronger and more durable.

In 2022, the biggest cement board market was in Asia-Pacific. The report includes regions like Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

There are four types of cement board: FCB, WWCB, WSCB and CBPB. These boards have various uses such as flooring, walls, roofing, insulation and more. People who use them can be residential, commercial, industrial or institutional.

The cement board market is set to grow due to more building happening. Residential construction is building homes and commercial construction is for businesses.

Cement boards are put in diagonally or laterally to protect buildings. This helps keep houses and construction stable. Sales of cement boards are on the rise because construction is growing. Both residential and commercial buildings use cement boards.

The United States Census Bureau said in February 2023 there were 1,524,000 privately owned housing units. This was a 13.8% increase from January 2023. More buildings getting made means the cement board market is growing.

New products are becoming popular in the cement board market. Companies want to stay in the market, so they are using new technologies.

National Gypsum Company has introduced PermaBASE® WP Waterproof Cement Board in January 2020. It is made for damp areas near tubs and showers. The coating does not need extra waterproofing because of the solution and treatment of fastener heads and joints. The product has an EdgeTech® reinforced edge, is resistant to mold and moisture, and has other essential features.

Swisspearl Group, a Switzerland-based maker of building materials, bought Cembrit in June 2022. The amount spent was not revealed. Swisspearl will grow its market and production sites with the purchase.

Cembrit makes and sells fiber cement boards from Denmark.

The cement board market report covers many countries. These countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

Market value is how much a business earns from selling goods/services in a certain place. They get money from sales, gifts, or donations in USD (unless they say otherwise).

Revenues are money earned by organizations in a certain area. It doesn't matter where the money is made. This excludes money earned from reselling and other products.

New research report on cement board market in global industry. Covers industry size, competitors, trends, and more. Provides all the information needed to succeed. Detailed analysis of the current and future industry scenario. Full report available at the link.

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