DUBLIN--(BUSINESS WIRE)--Aug 27, 2018--The "Global Fiber Cement Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global fiber cement market is expected to grow at a CAGR of 5.45% during the period 2018-2022.

Fiber reinforced concrete undergoes plastic deformation and shrinkage while drying which makes it more resistant to high loads and reduces cracks of pavement surfaces. Fiber mixed concrete also reduces fluid permeability and has high ductile strength which makes it the ideal material for underground tunnel construction. Therefore, the application of fiber cement in pavement and tunnels is identified as an emerging trend which will boost the fiber cement market over the next five years.

According to the report, one of the major drivers for the fiber cement market is the rise in construction activities globally. The demand for residential projects in developing economies such as India, China and South Africa have witnessed a spurt as the per capita income and property purchasing power of people in these countries have increased.

People are also more inclined towards leisure and recreational activities due to the rise in disposable income. This has led to a rising demand for shopping complexes, pubs and restaurants. Many Middle Eastern countries are capitalizing on this demand by investing on their infrastructure to create attractive tourist destinations. This rise in residential and commercial constructions globally is driving growth of the fiber cement market.

Market Trends

Application of Fiber-Reinforced Concrete in Designing of Road Pavement Use of Fiber Cement in Green Buildings Increasing Number of Strategic Alliances

Key Vendors

Cembrit Holdings CSR Elementia Etex James Hardie Building Products

Key Topics Covered:

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Market Segmentation by End-User

10. Regional Landscape

11. Decision Framework

12. Drivers & Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/ftxxxj/global_fiber?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180827005443/en/

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Related Topics:Cement and Concrete,Composites



SOURCE: Research and Markets

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PUB: 08/27/2018 12:13 PM/DISC: 08/27/2018 12:13 PM