Fiber Cement

As Quoted In Home Channel News

Advances will be driven by a rebound in residential building construction spending, particularly in the new housing segment, and by the favorable aesthetics and performance of fiber cement.

US demand to rise 8.5% annually through 2017

Demand in the US for fiber cement products is forecast to rise 8.5 percent annually through 2017 to 2.9 billion square feet, valued at $2.2 billion. Advances will be driven by a rebound in residential building construction spending, particularly in the new housing segment. Growth will be further spurred by increasing use of fiber cement products because of their favorable aesthetic and performance properties.

New homes to be fastest growing market

The new residential market is expected to see the most rapid growth in fiber cement demand through 2017, advancing over 16 percent annually as housing starts rise from their low 2012 base. Home builders will be more likely to specify siding and exterior trim made from fiber cement because it can be made to look like such costly materials as brick and stone. Other builders may select fiber cement siding because it is perceived as more attractive than vinyl.

The residential improvement and repair market accounted for the largest share of fiber cement demand in 2012. Consumer interest in bathroom renovation projects supported demand for fiber cement backerboard installed beneath decorative tile flooring and bathtub and shower surrounds. Going forward, demand will be boosted by a favorable lending environment that will make it easier for homeowners to take out home equity loans to fund such improvement projects as siding replacement and the installation of tile floors.

Nonresidential demand for fiber cement is forecast to rise steadily through 2017, spurred by rebounding nonresidential building construction. Fiber cement siding will be specified in structures where both aesthetics and durability are important, such as coastal resorts or high-end hotels. Backerboard made from fiber cement will be installed in bathrooms because it is less costly than fiberglass-reinforced cement, while providing comparable moisture resistance.

Demand for fiber cement siding to advance rapidly

Siding accounted for the largest share of fiber cement products demand in 2012 with over two-thirds of the total. Fiber cement siding has seen its share of US siding demand rise over the past decade as builders and homeowners became more familiar with the performance and aesthetic advantages of the material. Siding made from fiber cement has largely supplanted wood siding because fiber cement is nearly impervious to degradation and requires less maintenance than wood. Through 2017, fiber cement siding demand will advance rapidly, fueled by rebounding housing starts.

Study coverage

This study analyzes the 1.9 billion square foot US fiber cement industry. It presents historical demand data for 2002, 2007 and 2012, and forecasts for 2017 and 2022 by material (e.g., sand, Portland cement, cellulosic materials), application (e.g., siding, backerboard, molding and trim), market (residential, nonresidential) and US region.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 23 industry players, including James Hardie Building Products, CertainTeed and Nichiha USA.

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Purchase Fiber Cement by the Section

  1. Fiber Cement

    $5,100.00

    1. 1 INTRODUCTION

      $134.00

    2. 2 EXECUTIVE SUMMARY

      $159.00

      1. Table | FIBER CEMENT DEMAND

    3. 3 MARKET ENVIRONMENT

      $2,931.00

      1. 3.1 General

        $82.00

      2. 3.2 Macroeconomic Overview

        $229.00

        1. Table | MACROECONOMIC INDICATORS

      3. 3.3 Demographic Trends

        $240.00

        1. Table | POPULATION & HOUSEHOLDS

      4. 3.4 Consumer Trends

        $382.00

        1. 3.4.1 Consumer Spending

          $152.00

          1. Table | PERSONAL CONSUMPTION EXPENDITURES

        2. 3.4.2 Consumer Financing

          $186.00

          1. Table | CONSUMER FINANCING ENVIRONMENT, 2002-2012

      5. 3.5 Building Construction

        $1,173.00

        1. Table | BUILDING CONSTRUCTION EXPENDITURES

        2. 3.5.1 Residential Buildings

          $801.00

          1. Table | RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES

          2. Table | NEW HOUSING INDICATORS

          3. Table | HOUSING STOCK BY TYPE

          4. CHART II-1 YEAR OF CONSTRUCTION OF HOUSING STOCK, 2012

          5. CHART II-2 NUMBER OF BATHROOMS IN NEW HOUSING UNITS, 2002-2012

          6. Table | RESIDENTIAL IMPROVEMENT & REPAIR EXPENDITURES

        3. 3.5.2 Nonresidential Buildings

          $253.00

          1. Table | NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES

          2. Table | NONRESIDENTIAL BUILDING IMPROVEMENT & REPAIR EXPENDITURES

      6. 3.6 Historical Market Trends

        $161.00

        1. Table | FIBER CEMENT DEMAND, 2002-2012

        2. CHART II-3 FIBER CEMENT DEMAND, 2003-2012

      7. 3.7 Environmental & Regulatory Considerations

        $550.00

        1. 3.7.1 Building Codes

          $136.00

        2. 3.7.2 Green Building Standards

          $148.00

        3. 3.7.3 Environmental Concerns

          $217.00

        4. 3.7.4 Worker Safety

          $82.00

      8. 3.8 Foreign Trade

        $127.00

        1. Table | FIBER CEMENT FOREIGN TRADE

    4. 4 MATERIALS

      $668.00

      1. 4.1 General

        $94.00

        1. Table | MATERIALS USED IN FIBER CEMENT

        2. CHART III-1 MATERIALS USED IN FIBER CEMENT, 2012

      2. 4.2 Sand

        $86.00

        1. Table | SAND USED IN FIBER CEMENT

      3. 4.3 Portland Cement

        $114.00

        1. Table | PORTLAND CEMENT USED IN FIBER CEMENT

      4. 4.4 Cellulosic Materials

        $112.00

        1. Table | CELLULOSIC MATERIALS USED IN FIBER CEMENT

      5. 4.5 Other Materials

        $160.00

        1. Table | OTHER MATERIALS USED IN FIBER CEMENT

      6. 4.6 Paints

        $103.00

        1. Table | PAINTS USED ON FIBER CEMENT

    5. 5 APPLICATIONS

      $2,546.00

      1. 5.1 General

        $205.00

        1. Table | FIBER CEMENT DEMAND BY APPLICATION

        2. CHART IV-1 FIBER CEMENT DEMAND BY APPLICATION, 2012

      2. 5.2 Siding

        $794.00

        1. 5.2.1 Siding Outlook

          $137.00

          1. Table | SIDING DEMAND

        2. 5.2.2 Fiber Cement Siding Demand

          $226.00

          1. Table | SIDING DEMAND FOR FIBER CEMENT

        3. 5.2.3 Historical Overview

          $105.00

        4. 5.2.4 Characteristics

          $198.00

        5. 5.2.5 Competitive Materials

          $109.00

      3. 5.3 Backerboard

        $769.00

        1. 5.3.1 Backerboard Outlook

          $143.00

          1. Table | BACKERBOARD DEMAND

        2. 5.3.2 Fiber Cement Backerboard Demand

          $373.00

          1. Table | BACKERBOARD DEMAND FOR FIBER CEMENT BY END USE & MARKET

        3. 5.3.3 Characteristics

          $107.00

        4. 5.3.4 Competitive Materials

          $103.00

      4. 5.4 Molding & Trim

        $547.00

        1. 5.4.1 Molding & Trim Outlook

          $177.00

          1. Table | MOLDING & TRIM DEMAND

        2. 5.4.2 Fiber Cement Molding & Trim Demand

          $160.00

          1. Table | MOLDING & TRIM DEMAND FOR FIBER CEMENT

        3. 5.4.3 Characteristics

          $106.00

        4. 5.4.4 Competitive Materials

          $89.00

      5. 5.5 Other Applications

        $231.00

        1. Table | OTHER APPLICATIONS DEMAND FOR FIBER CEMENT

        2. 5.5.1 Other Fiber Cement Products Demand

          $82.00

        3. 5.5.2 Characteristics

          $113.00

    6. 6 MARKETS

      $1,721.00

      1. 6.1 General

        $111.00

        1. Table | FIBER CEMENT DEMAND BY MARKET

        2. CHART V-1 FIBER CEMENT DEMAND BY MARKET, 2012

      2. 6.2 Residential

        $1,015.00

        1. Table | RESIDENTIAL FIBER CEMENT DEMAND BY MARKET & APPLICATION

        2. 6.2.1 New

          $182.00

          1. Table | NEW RESIDENTIAL FIBER CEMENT DEMAND

        3. 6.2.2 Improvement & Repair

          $202.00

          1. Table | RESIDENTIAL IMPROVEMENT & REPAIR FIBER CEMENT DEMAND

        4. 6.2.3 Demand by Housing Type

          $557.00

          1. Table | RESIDENTIAL FIBER CEMENT DEMAND BY HOUSING TYPE

          2. Table | SINGLE-FAMILY HOUSING FIBER CEMENT DEMAND

          3. Table | MULTIFAMILY HOUSING FIBER CEMENT DEMAND

          4. Table | MANUFACTURED HOUSING FIBER CEMENT DEMAND

      3. 6.3 Nonresidential

        $596.00

        1. Table | NONRESIDENTIAL FIBER CEMENT DEMAND BY MARKET & APPLICATION

        2. 6.3.1 New

          $145.00

          1. Table | NEW NONRESIDENTIAL FIBER CEMENT DEMAND

        3. 6.3.2 Improvement & Repair

          $111.00

          1. Table | NONRESIDENTIAL IMPROVEMENT & REPAIR FIBER CEMENT DEMAND

        4. 6.3.3 Demand by Building Type

          $273.00

          1. Table | NONRESIDENTIAL FIBER CEMENT DEMAND BY BUILDING TYPE

          2. Table | OFFICE & COMMERCIAL FIBER CEMENT DEMAND

          3. Table | INSTITUTIONAL FIBER CEMENT DEMAND

          4. Table | INDUSTRIAL & OTHER FIBER CEMENT DEMAND

    7. 7 REGIONS

      $2,534.00

      1. 7.1 General

        $88.00

      2. 7.2 Regional Demographic & Economic Activity

        $678.00

        1. 7.2.1 Population Patterns

          $175.00

          1. Table | POPULATION BY REGION

        2. 7.2.2 Economic Outlook

          $181.00

          1. Table | GROSS DOMESTIC PRODUCT BY REGION

        3. 7.2.3 Construction Activity

          $119.00

          1. Table | CONSTRUCTION EXPENDITURES BY REGION

        4. 7.2.4 Housing Trends

          $164.00

          1. Table | REGIONAL HOUSING INDICATORS

      3. 7.3 Regional Fiber Cement Demand

        $1,768.00

        1. Table | FIBER CEMENT DEMAND BY REGION

        2. CHART VI-1 FIBER CEMENT DEMAND BY REGION, 2012

        3. 7.3.1 Northeast

          $302.00

          1. Table | NORTHEAST FIBER CEMENT DEMAND BY SUBREGION & APPLICATION

        4. 7.3.2 Midwest

          $404.00

          1. Table | MIDWEST FIBER CEMENT DEMAND BY SUBREGION & APPLICATION

        5. 7.3.3 South

          $477.00

          1. Table | SOUTH FIBER CEMENT DEMAND BY SUBREGION & APPLICATION

        6. 7.3.4 West

          $443.00

          1. Table | WEST FIBER CEMENT DEMAND BY SUBREGION & APPLICATION

    8. 8 INDUSTRY STRUCTURE

      $3,602.00

      1. 8.1 General

        $82.00

      2. 8.2 Market Share

        $202.00

        1. CHART VII-1 US FIBER CEMENT MARKET SHARE BY COMPANY, 2012

      3. 8.3 Competitive Strategies

        $172.00

      4. 8.4 Manufacturing

        $82.00

      5. 8.5 Research & Development

        $111.00

      6. 8.6 Marketing

        $214.00

      7. 8.7 Distribution

        $284.00

        1. 8.7.1 Big-Box Retailers

          $82.00

        2. 8.7.2 Specialty Suppliers

          $82.00

        3. 8.7.3 Direct Distribution

          $133.00

      8. 8.8 Acquisitions, Divestitures, & Cooperative Agreements

        $89.00

      9. 8.9 Company Profiles

        $2,381.00

        1. 8.9.1 Akzo Nobel NV

          $82.00

        2. 8.9.2 Badger Mining Corporation

          $82.00

        3. 8.9.3 Building Materials Corporation of America

          $82.00

        4. 8.9.4 Canfor Corporation

          $82.00

        5. 8.9.5 Central Fiber LLC

          $82.00

        6. 8.9.6 Dow Chemical Company

          $148.00

        7. 8.9.7 Ecolab Incorporated

          $95.00

        8. 8.9.8 Elementia SA de CV

          $254.00

        9. 8.9.9 Fomentos de Construcciones y Contratas SA

          $87.00

        10. 8.9.10 Hardie (James) Industries plc

          $215.00

        11. 8.9.11 Imerys SA

          $94.00

        12. 8.9.12 Mercer International Incorporated

          $82.00

        13. 8.9.13 Nextwire LLC

          $82.00

        14. 8.9.14 Nichiha Corporation

          $151.00

        15. 8.9.15 PPG Industries Incorporated

          $216.00

        16. 8.9.16 Saint-Gobain

          $201.00

        17. 8.9.17 Siempelkamp (G.) GmbH & Company KG

          $82.00

        18. 8.9.18 Standex Engraving LLC

          $82.00

        19. 8.9.19 Trinity Industries Incorporated

          $82.00

        20. 8.9.20 US Silica Holdings Incorporated

          $82.00

        21. 8.9.21 Valspar Corporation

          $91.00

        22. 8.9.22 Votorantim Participações SA

          $100.00

        23. 8.9.23 Xerium Technologies Incorporated

          $87.00

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