Global Cement Boards Market Overview:
Cement boards are used as a backing for tiles. They are water-resistant and are typically preferred in areas that are prone to water exposure. Cement boards add strength to various supporting structures. The increasing rate of construction activities and rise in the number of residential buildings and commercial buildings across the globe is the major factor driving the cement boards market. The growing residential and commercial construction sectors in the country are expected to drive the demand for cement boards, during the forecast period.
Growth Drivers
- The increasing construction activities in the world
- The increasing awareness among contractors-carpenters and other input providers
Market Trends
- Increasing population, job-driven migration, and improving purchasing power in emerging economies is driving rapid urbanization
- High demand for highly durable and impact-resistant cement boards
Roadblocks
- The high initial cost in comparison to its traditional counterparts
Opportunities
- The growing residential and commercial construction sectors in developing countries such as India and China
Competitive Landscape:
The cement board market is fragmented in nature. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies
Some of the key players profiled in the report are James Hardie (Ireland), Etex Group (Belgium), Cembrit (Denmark), Mahaphant (India), Elementia (Mexico), Everest Industries (India), Saint-Gobain (France), Hume Cemboard Industries (Malaysia), GAF (United States) and Soben board (Ireland). Additionally, following companies can also be profiled that are part of our coverage like HIL Limited (India), Johns Manville (United States), Knauf Gips KG (Germany) and Owens Corning (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Cement Boards market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Direct Sales will boost the Cement Boards market. Considering Market by Construction Type, the sub-segment i.e. Commercial Buildings will boost the Cement Boards market.
What Can be Explored with the Cement Boards Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cement Boards Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cement Boards
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cement Boards market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cement Boards market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, Distributor, Suppliers, Government Regulatory Bodies, Private Research Organizations, Government Research Organization and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.