Fiber Cement Products Set to Touch 34 Million Metric Tons in Quantity.
Fiber Cement is a composite building material, mainly used in roofing or sidings of a building. This cement is preferred because of it's strength.
The need for safe, sustainable and secure shelter is an innate problem across the world. With growing population, the demand for residential construction has seen an upsurge in the recent past. There are many inventions pertaining to the kind of materials being used in the construction activities. One such important innovation is the fiber reinforcement of cement to increase the strength of the cement. Some of the fibers being used in this industry include asbestos, polypropylene, polyvinyl alcohol (PVA), mineral fibers, carbon, Kevlar, lignocellulose and many more. This reinforced cement is used to manufacture products like flat sheets, corrugated sheets, planks, slates and many others. Recently there is an increasing demand for environmentally friendly products in construction.
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The new housing market is all set to experience rapid growth in fiber cement demand in the near future. The demand for planks is on a surge under this application as, builders will prefer siding and roofing done from fiber cement over the traditional wooden planks as it offers a similar appearance, but would require little maintenance when compared to its counterpart wood. Also the resistances from external environment or insect attacks, which fiber cement products provide are far superior than wood.
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The demand for fiber cement is growing at a steady pace across the globe, with a few regions growing much faster than others. The North American market is the largest and the fastest growing market followed by Asia Pacific (APAC). The US is a major market in the North American region growing at 8.0 % annually; it is forecast to reach $2.7 billion by 2017.
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