Allied Market Research

Fiber Cement Siding Market Analysis 2023

 

Portland, OR -- (SBWIRE) -- 09/22/2017 -- Increase in urbanization and rise in investment in construction, particularly in new housing, are the major factors that drives the growth of the global Fiber Cement Siding Market. However, during installation, silica dust is generated by cutting fiber cement siding, and its long-term exposure can lead to silicosis & other lung diseases among workers, which restrains the market growth. Moreover, high installation cost and insufficient manpower to deliver & install these sidings hamper the growth of the market.

Fiber cement siding is a building material used to cover the exterior of buildings in both commercial and domestic applications. Fiber cement is a composite material made of sand, cellulose fiber, and cement. It possesses several benefits such as resistant to termites, impact resistance, fireproof properties, and it does not rot. It acts as an alternative to real wood and vinyl siding, abasically made up of wood pulp, fly ash, and Portland cement. This siding offers aesthetic appearance, extended durability, prolonged maintenance, and affordability.

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Fiber Cement Siding Market Key Segments:

By Type

-Shingle Fiber Cement Siding
-Sheet Form Fiber Cement Siding
-Lap Siding Fiber Cement Siding
-Stucco or Brick Fiber Cement Siding

By End User

-Residential
-Commercial
-Others

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