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Fiber Cement Siding in North America

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    Report

  • 43 Pages
  • February 2024
  • Region: North America
  • GlobalData
  • ID: 5973371
Fiber Cement Siding in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Fiber cement siding is an exterior covering material for homes and commercial buildings. It is composed of Portland cement, cellulose fibers, and silica, and is available in the form of planks, clapboards, and flat boards. Fiber cement siding is non-combustible and is often used in forest fire-prone areas. Fiber cement siding is weather-resistant, rot-resistant, and flame-resistant. It is also a durable material that requires minimal maintenance, making it an attractive choice for homeowners and real estate developers.
  • The North American fiber cement siding market had total revenues of $10.3 billion in 2023, representing a compound annual growth rate (CAGR) of 2.1% between 2018 and 2023.
  • The residential segment accounted for the market's largest proportion in 2023, with total revenues of $5.6 billion, equivalent to 54.4% of the market's overall value.
  • In 2023, the North American fiber cement siding market witnessed an annual growth of 6.5% due to the rise in construction spending across various countries in the region. According to Statistics Canada, in September 2023, the investment in building construction (residential and non-residential) reached $18.9 billion in Canada, up 5.3% over the previous month.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the fiber cement siding market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fiber cement siding market in North America
  • Leading company profiles reveal details of key fiber cement siding market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the North America fiber cement siding market with five year forecasts

Reasons to Buy

  • What was the size of the North America fiber cement siding market by value in 2023?
  • What will be the size of the North America fiber cement siding market in 2028?
  • What factors are affecting the strength of competition in the North America fiber cement siding market?
  • How has the market performed over the last five years?
  • Who are the top competitors in North America's fiber cement siding market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What were the most recent market developments?
8 Company Profiles
8.1. Nichiha Corp
8.2. Elementia SAB de CV
8.3. James Hardie Industries Plc
8.4. Etex NV
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
  • About the Analyst
List of Tables
Table 1: North America Fiber Cement Siding market value: $ million, 2018-23
Table 2: North America Fiber Cement Siding market category segmentation: % share, by value, 2018-2023
Table 3: North America Fiber Cement Siding market category segmentation: $ million, 2018-2023
Table 4: North America Fiber Cement Siding market geography segmentation: $ million, 2023
Table 5: North America Fiber Cement Siding market value forecast: $ million, 2023-28
Table 6: Nichiha Corp: key facts
Table 7: Nichiha Corp: annual financial ratios
Table 8: Nichiha Corp: key employees
Table 9: Elementia SAB de CV: key facts
Table 10: Elementia SAB de CV: key employees
Table 11: James Hardie Industries Plc: key facts
Table 12: James Hardie Industries Plc: annual financial ratios
Table 13: James Hardie Industries Plc: key employees
Table 14: Etex NV: key facts
Table 15: Etex NV: annual financial ratios
Table 16: Etex NV: key employees
Table 17: North America exchange rate, 2019-23
List of Figures
Figure 1: North America Fiber Cement Siding market value: $ million, 2018-23
Figure 2: North America Fiber Cement Siding market category segmentation: $ million, 2018-2023
Figure 3: North America Fiber Cement Siding market geography segmentation: % share, by value, 2023
Figure 4: North America Fiber Cement Siding market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the Fiber Cement Siding market in North America, 2023
Figure 6: Drivers of buyer power in the Fiber Cement Siding market in North America, 2023
Figure 7: Drivers of supplier power in the Fiber Cement Siding market in North America, 2023
Figure 8: Factors influencing the likelihood of new entrants in the Fiber Cement Siding market in North America, 2023
Figure 9: Factors influencing the threat of substitutes in the Fiber Cement Siding market in North America, 2023
Figure 10: Drivers of degree of rivalry in the Fiber Cement Siding market in North America, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Nichiha Corp
  • Elementia SAB de CV
  • James Hardie Industries Plc
  • Etex NV